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Nansha enable foreign investors to apply business license online

Launching ceremony in Nansha. (Provided by Nansha Government)

Recently Nansha has upgraded its business services and provide cross-border services to facilitate foreign investors, enabling them to finish their business license application via Internet.

Based on the Cross-Border Link service at the Industrial and Commercial Bank of China (ICBC), Nansha Government now initiate its one-stop business service for oversea investors, aiming to reduce oversea investors’ cost of investment. Oversea investors can apply business license online directly, rather than flying to Nansha for investment procedures.

Firstly investors submit their application materials through ICBC’s oversea branches. Related departments in Nansha Government will pre-trial materials online. If they are qualified, commissioned by Nansha government, ICBC’s oversea branches will deliver the business license, the official seal and also the original copies of application materials to applicants.

Also, investors can get Nansha’s latest investment information from ICBC’s oversea branches directly. At present ICBC has 412 branches distributing in 42 countries and regions globally.

This is not the first pilot for Nansha to explore oversea business services. As early as in 2016, Nansha launched its one-stop service named “Hong Kong Link”, enabling Hong Kong investors to finish their investment procedures online.

(by Nan)

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