Recently, Yichang Siyu Biomedical Market Development and Promotion Co., Ltd. received the company's business license on the spot after submitting the registration application materials at the Comprehensive Service Center of China (Hubei) Pilot Free Trade Zone Yichang Area. It had waited only for about one hour at the window. On the same day, another 6 companies signed and received electronic business licenses on the Internet through the electronic mode.

　　These are the first batch of business licenses issued by the Administration of China (Hubei) Pilot Free Trade Zone Yichang Area since this month after the trial implementation of the Plan of Immediate and One-Stop Establishment of Enterprises. According to the timekeeping rule of deducing time for each link by 0.5 day, the time to set up an enterprise in Yichang Area has been successfully reduced to 2 working days.

　　The links for opening an enterprise mainly include the pre-approval of its name, registration of its establishment, official seal making, application for invoice,registration of personnel to be insured, etc. Previously, Yichang Area vigorously promoted the electronic registration of enterprises, deepened the reform of “one certificate for all" and " separation of certificate and license", and took the lead in promoting 24-hour self-printing of business license in the whole province. The time for the links has been reduced to 3.5 days.

　　In order to create a business environment of "lowest cost, highest efficiency and best service", the Administration of China (Hubei) Pilot Free Trade Zone Yichang Area has actively cooperated with industry, commerce, taxation and other departments since August this year, implementing the mode of Immediate and One-Stop Establishment of Enterprises. Under this model, each link of enterprise registration can be tried out one-stop at the online and off-line window. Except special circumstances such as problematic application materials and difficulties, the pre-approval of enterprises’ name, establishment registration, official seal making and invoice application are all immediate, and the registration of personnel to be insured needs only to be declared instead of wasting much time.

　　In addition, the industry and commerce departments have also further implemented the "integration of review and approval and special review", the taxation departments continue to optimize the process of invoice application and official seal making is finished within an hour.