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Precise Efforts on Practical Affairs for Enterprises to Create the Optimal Business Environment

Release date:2022-08-16    
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  •   Optimization of the business environment to serve enterprises and the public is the key to effectively enhance the overall competitiveness of the region. The Free Trade Zone has continued to make efforts to further reduce the process, time and materials required for various market entities to complete businesses in the Free Trade Zone. The Free Trade Zone has taken the initiative to create a new model of "3+1" integrated services for "business start-up + bank account opening", which enables enterprises to start operations immediately upon approval within 4 hours, cracks the "last mile" problem of commercial registration and financial services, reduces the time for new enterprises to open accounts, enhances financial services facilitation and further stimulates market vitality.

      "It now takes only 20 minutes from submitting documents to obtaining a certificate.” Lopal Lubrication New Materials (Tianjin) Co., Ltd. was the first beneficiary of the Methods for Implementing the Reform of the Commitment System for the Issuance of Urban Drainage Permits in Tianjin Port Free Trade Zone (for trial implementation), and received the "urban drainage permit" for the new Phase II project one and a half months in advance.

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