Home > Regions> Qidong> Locals

New business license in Qidong seen boosting development

en.nantong.gov.cn

Updated: 2021-12-29

1640850366331074725.jpg

Qidong's first "business license with multiple addresses" is issued recently. [Photo/WeChat account: qidongfabu]

Wang Jun, the legal representative of Qidong Sanjin Electronic Technology Co Ltd – located in the county level city of Qidong in Nantong, in East China's Jiangsu province – recently obtained a business license with multiple addresses of sites for business operations in the city.

It is the first one of its kind in the city and the company was delighted.

"One license with multiple addresses" is a document that enables an enterprise to incorporate several addresses for branches operated and managed by itself. It means that when establishing new branches in the area within the jurisdiction of Qidong, the company's legal representative doesn't have to apply for new business licenses.

Compared with existing method, the innovation allows resident enterprises to spend less time on preparing materials for business license applications.

The reform is said to greatly save labor and time costs for firms to expand and establish new branches, which is of significance to optimizing the business environment.