Generally, a Foreign Capital Enterprise will get 2 certificates from the departments, one is the Business License, the other one is Certificate of Approval. But according the latest policy, since October 1st, 2016, the registration of Foreign Capital Enterprise will face great changes! 
In the past, the application procedure is “Online Application - Pre-check - Paperworks on the counter - Approval - Get The Certificate”.
Now, You only need to submit the information online.
Since there were many procedures in the past, so it might cost a lot of time to wait for the approval, which would take 10 - 20 workdays.
Now, the department promise the registration will be finished in 3 workdays.

The Approval Letter & Certificate was very important for Foreign Capital Enterprise, but now they will be canceled, the alternation will be the Registration Receipt of the new system.

In a word, the new policy is that: the government will change the registration system, the procedure of Foreign Capital Enterprise Registration will simplified, and it will take shorter time, and those two certificates will be canceled.
Since the details are still being discussing by the departments, HACOS will keep up with the latest news and share them with you.
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