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China's State Council has approved a plan to reform business registration. The plan aims to ease market access and scraps minimum requirements on registered capital. That's for limited liability and one-person limited liability companies and joint-stock companies with limited liability.
中國國務院已經審批通過一項對工商注冊進行改革的計劃。該項計劃旨在放寬市場準入條件并取消了關于注冊資本最低要求的限制。
The plan also simplifies the registration of business venues. In addition, registered companies will now publish annual reports instead of going through annual inspections.
該計劃還對商業場所的注冊進行了簡化。另外，注冊公司將可以發布年度報告的方式取代年檢。
Those that falsify reports or fail to properly release reports will face legal consequences. The State Administration for Industry & Commerce today set March 1st as the day for the reforms to begin.
對年度報告進行偽造或不能按時提交年度報告的公司將面臨法律責任。國家工商總局就愛那個從3月1日起開始執行該改革。
