Core Viewpoint - The implementation plan significantly streamlines the process for individual businesses to transition into companies, allowing for quicker applications and reduced bureaucratic hurdles [1][2]. Group 1: Implementation Plan Details - The Shanghai Municipal Market Supervision Administration and five other departments have released an implementation plan that reduces the steps and time required for individual businesses to convert to companies [1]. - Eligible individual businesses can now apply for a new business license on the same day, eliminating the need for back-and-forth between various departments [1]. - The plan allows for the direct change of business status without the need to resubmit documents if certain conditions are met, such as maintaining the same business address and scope [1]. Group 2: Case Studies and Impact - Individual business owners, like Jiang Hua, have experienced the benefits of the new plan, receiving their business licenses in just one day [1]. - The plan also allows businesses to retain their original establishment date and unified social credit code, preserving their brand identity and reputation [2]. - As of 2024, Shanghai has 47,032 growth-oriented individual businesses and 11,997 development-oriented businesses, indicating a strong potential for the "individual to company" transition [3].
“个转企一件事”最快当天办成 上海已有20多户个体工商户搭上转型升级“快车”
Jie Fang Ri Bao·2025-09-07 00:54