System of application report commitment for business premises implemented in Nanning, Guangxi, China

|ChinaNews|Published:2019-08-08 14:06:30

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  Guangxi's first application report commitment for business premises license release site (Photo by Administration for Market Regulation of Nanning)

Recently, Nanning Economic Development Zone of Guangxi Zhuang Autonomous Region has implemented the system of application report commitment for business premises of the main market participants (business place), which shows further step in Nanning's exploration of commercial system reform and continuous optimization of business environment.

With the system of application report commitment for business premises being implemented in Nanning Economic Development Zone, the applicants for business licenses of enterprises in Nanning Economic Development Zone only need to submit a promissory letter to make promises in accordance with the facts and regulations concerning the ownership, use function and legal use of houses, and are responsible for the authenticity, legality and validity of the declared information, they are exempted from submitting certificates of ownership and lease agreements.

Implementing the application report commitment for business premises (business place) is a major measure to optimize the business environment. It can simplify the registration procedures of residences, optimize the registration process of market entities, reduce the burden of business, further reduce the start-up time of enterprises, and greatly improve the efficiency of business operations. Inspire market vitality and promote the rapid development of market players.

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