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Enquiry: Following the Implementation of the State Council’s Recent Institutional Reforms, which Government Department is Now Responsible for Registering New Businesses?

Photo: Enquiry: Following the Implementation of the State Council’s Recent Institutional Reforms, which Government Department is Now Responsible for Registering New Businesses?
Photo: Enquiry: Following the Implementation of the State Council’s Recent Institutional Reforms, which Government Department is Now Responsible for Registering New Businesses?

In line with the formal adoption of the State Council’s institutional reform plan in March this year, the responsibilities and remit of several government bodies have been somewhat overhauled. More specifically, the State Administration for Industry and Commerce (SAIC) – the body formerly responsible for business registrations – has been dissolved, with many of its former functions integrated into the newly-established State Administration for Market Regulation. As a result, all applications to register companies and individually-owned businesses should now be made to the appropriate local market regulation administration department.

Content provided by Picture: HKTDC Research
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