(Policy Interpretation) Policy Interpretation on Implementation Opinions on Ensuring National Treatment for Foreigners to Establish Enterprises with Permanent Resident ID Card

english.beijing.gov.cn

Based on the pilot program implemented by Beijing Municipality to ensure national treatment for foreigners with permanent resident ID cards in setting up science and technology enterprises, this policy is released to steadily expand the applicability of the pilot program, to secure the entitlement of foreigners with their permanent resident ID cards to national treatment in more aspects when establishing enterprises in more domains and in more areas in Beijing.

Apart from the special national and municipal measures and regulations on market access, the policy supports foreigners with permanent resident ID cards to set up businesses in key areas such as scientific and technological services, digital economy and trade development, financial services, internet information services, business, cultural and tourism services, health and medical services, and professional services.

The policy also supports foreigners with their permanent resident ID cards to set up businesses in the China (Beijing) Pilot Free Trade Zone, China (Hebei) Pilot Free Trade Zone Daxing Airport Area, Zhongguancun National Innovation Demonstration Zone, Tianzhu Comprehensive Bonded Zone, Beijing China-Germany Industrial Park, and Beijing China-Japan Innovation & Cooperation Demonstration Zone and legally grants them national treatment.

The pre-access national treatment and negative list management system for foreign-invested enterprises will be applied for foreigners using permanent resident ID cards to set up businesses. Under the principle of voluntary application, they can apply for the establishment of limited liability companies, joint-stock companies (excluding listed companies), and partnerships.

When setting up a business, foreigners providing their permanent resident ID cards as proof of identity are not required to provide additional notarization or certification materials.

This policy came into effect on the date of issuance of the "Implementation Opinions" (July 30, 2021). In the event of any inconsistency between the previous "Notice on the Trial Measures for Foreign Talents Holding Permanent Resident ID Cards to Start High-tech Enterprises" (Jing Ke Fa [2020] No. 6) jointly issued by Beijing Municipal Science & Technology Commission, Beijing Municipal Human Resources and Social Security Bureau, Beijing Municipal Administration for Market Regulation, Administrative Committee of Zhongguancun Science Park, Management Committee of Tianzhu Comprehensive Bonded Zone , and Daxing District People's Government of Beijing Municipality and the provisions of the "Implementation Opinions", the provisions of the latter shall prevail.


(All information in this document is authentic in Chinese. English is provided for reference only. In case of any discrepancy, the Chinese version shall prevail.)

(Source: Beijing Municipal Administration for Market Regulation)

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