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Hainan authorities have simplified the procedure for registering enterprises for foreigners


Information about this appeared in the local newspaper Hainan Zhibao.

Foreigners who have a permanent residence permit will be able to use the new system. Now all the procedures related to the registration of enterprises and verification of documents, they will be able to take place online, the newspaper writes.

According to the new rules, it is no longer necessary to undergo the procedure of notarization of a residence permit. Now it is equivalent to an identity document and can be used to register a company with foreign capital in Hainan.

The new registration procedure was introduced on December 1, 2023. All enterprises in the southern province have already installed special terminals for reading permanent residence permits of foreign citizens.