The State Administration for Market Regulation ("SAMR") recently enacted and issued the Proposal for Amending Relevant Administrative Regulations Including the Administrative Regulations on the Registration of Companies and the Administrative Regulations on the Registration of Enterprise Legal Persons and released the draft for public comments by April 3, 2019.

   The draft for comments proposes revisions in nine aspects to the Administrative Regulations on the Registration of Companies, including the introduction of a new article as Article 41, reading: the deregistration of a company shall be processed under the corresponding procedures, as provided by these Regulations. As for the Administrative Regulations on the Registration of Enterprise Legal Persons, the draft for comments puts forward modifications in two aspects. For instance, one paragraph is added into Article 21, reading: provisions in respect of documents required to be submitted for the deregistration of an enterprise legal person, set out in other laws, administrative regulations or decisions made by the State Council, if any, shall prevail. Furthermore, revisions in eight aspects are proposed in the draft for comments to the Administrative Regulations on the Registration of Partnership Enterprises, including the introduction of a new article as Article 21, reading: the deregistration of a partnership enterprise shall be processed under the corresponding procedures, as provided by these Regulations.

(Source: SAMR)