Recently, the "Implementation Opinions on the Registration of Commercial Subjects in Qingdao Area of China (Shandong) Pilot Free Trade Zone (Instant Confirmation System) (Trial Implementation)" was officially released. The Qingdao Free Trade Zone is the first in the country to initiate the registration and recognition system of commercial entities, and the entire life cycle of enterprise establishment, modification, and cancellation can be confirmed in a timely manner.

　　The "Opinions" focus on improving the investment and market environment, and follow the principles of self-government, self-declaration, credit commitment, recognition according to law, convenience and efficiency, and focus on system innovation, digital intelligence application, process optimization, material simplification, service improvement and operation guarantee. Reform and upgrade at six levels. According to the "Opinions", the Qingdao Free Trade Zone will try to implement a single-track commitment system, and the review method will be changed from substantive review to formal review, and the commercial subject qualification will be granted by means of instant /confirm/iation. The applicant shall declare the registration items independently, and shall be responsible for the authenticity, legality and validity of the materials. The registration authority conducts a formal review of the registration items, and promptly confirms and registers those with complete materials and compliance with the statutory form. At the same time, there is one form to fill in the whole process, one website to handle, one window to issue, and zero face-to-face intelligent processing.

　　In the future, the establishment, modification, and cancellation of enterprises within the scope of the Qingdao Free Trade Zone will be subject to a timely confirmation system to achieve full coverage of the enterprise life cycle. At the same time, introduce third-party credit evaluation agencies to carry out credit evaluation of commercial entities, and realize differentiated supervision on credit supervision during and after the event for commercial entities with different credit ratings. (Reporter Bai Xiao)