Guangzhou’s Huangpu District Administration for Market Regulation recently issued the district’s first business license to a Hong Kong-invested enterprise through a fully online process on the launch day of the “Bay Area Registration Online Service Zone.” This marks the implementation in Guangzhou of cross-border registration reforms that eliminate in-person meetings, paper submissions and visits to service counters for Hong Kong and Macao investors. Instead of making cross-border trips, investors can now complete registration through a single online platform without leaving home.
To address difficulties in the cross-border mutual recognition of electronic signatures, the “Bay Area Registration” initiative offers two signing options: electronic and handwritten signatures. The system supports signing under verified identities using documents such as Mainland Travel Permits for Hong Kong and Macao Residents and residence permits for Hong Kong and Macao residents. Investors who are unable to complete online identity verification due to practical constraints can upload documents bearing handwritten signatures and authorize lawyers or notaries to complete verification on their behalf, further facilitating business registration for Hong Kong and Macao investors.