Core Viewpoint - The new regulations for individual businesses in China aim to simplify the process of transitioning from individual businesses to corporate entities, enhancing operational flexibility and reducing costs [1][4]. Group 1: Individual Businesses Overview - As of March 2025, there are 126 million registered individual businesses in China, making them a crucial part of the private economy [1][2]. - Individual businesses play an irreplaceable role in economic prosperity, employment stability, and innovation promotion [2]. Group 2: Regulatory Changes - The State Administration for Market Regulation released the "Regulations on the Registration and Management of Individual Businesses," which consists of 40 articles and will take effect on July 15, 2023 [4]. - The new regulations address the challenges of transitioning individual businesses to corporate entities, allowing for direct change of registration without the need for cancellation and re-establishment [4]. Group 3: Supportive Measures - Various regions, such as Hubei and Sichuan, have introduced supportive measures to facilitate the transition of individual businesses to corporate entities, enhancing service efficiency through streamlined processes and data sharing [3]. - The regulations also allow individual businesses to register multiple operating locations under one business license, reducing management costs and enabling easier expansion [5]. Group 4: Impact on Online Businesses - The rise of online businesses, including live streamers and e-commerce operators, has led to a significant number of these entities being registered as individual businesses [5]. - The new regulations permit individual businesses to register both physical and online operating locations simultaneously, promoting a more integrated business model [5].
中国个体工商户达1.26亿户 “个转企”流程简化成本降低
Chang Jiang Shang Bao·2025-06-16 11:38