On February 19, 2014 the state-level General Administration for
Industry and Commerce (the "AIC") issued
a notice to officially cancel the annual inspection for all types
of enterprises including domestic entities, representative offices,
branches and foreign invested entities since March 1st, 2014.
Following this state-level AIC notice, many local AICs in Beijing,
Shanghai, Guangdong, Hubei and Sichuan have also published their
own respective notice of new rules and procedures governing their
annual inspection this year.
In accordance with the state AIC's notice, all of the local
AICs have changed from annual inspection approval registration to
annual inspection filing. From this year forward, all types of
enterprises only need to complete online annual inspection in the
AIC system instead of the previous requirement to complete both
online and onsite annual inspections with AIC. Additionally, the
enterprises only need to print out online the AIC approval notice
as the record for their passing the annual inspection. Previously,
enterprises needed to have their business license chopped by
This new policy has released enterprises from the previous heavy
workloads of the annual tax return filing, the auditor's report
preparation and the annual inspections. But in any case, the
auditor's report is still necessary for enterprises to complete
the online annual inspection filing because most of the information
to be provided in the annual inspection filing system (e.g.,
business/production data, foreign investor's equity data, etc.)
is specifically based on the auditor's report.
Procedures for the online annual inspection filing are as
Step 1: Register in the AIC annual inspection system to obtain
user name and password;
Step 2: Complete online filing of the required 14 forms;
Step 3: Review and finalize information and data provided in the
Step 4: Complete online submission;
Step 5: Print electronic approval notice for annual
The fourteen forms to be completed shall include the
Enterprise Basic Information Form;
Preliminary Approval Information Form;
Foreign Investor Information Form;
Chinese Investor Information Form;
Capital Contribution Information Form;
Instalment Capital Injection Information Form;
Annual Production/Business Information Form;
Import & Export Information Form;
Overseas Investment Information Form;
Branch Information Form;
Confirmation Form for Foreign Investor's Equity;
Company Secretary (Contact Person) Registration Form;
Information Form for Legal Document Receiver of Foreign
Additional Information Form for New Industries1
There might be a slight difference in a specific requirement for
the annual inspection from city to city. Therefore, we suggest that
each enterprise contact its local AIC for more information about
its online annual inspection filing for this year.
 If an enterprise is classified in the energy saving
and environment protection industry, new IT industry, biology
industry, high-tech equipment manufacturing industry, new energy
industry, new material industry and new energy auto industry, it
needs to complete this form to provide some additional information
on its listing status, high-tech certification, etc.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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