Shanghai launches the country's first electronic business license application system for bankrupt enterprises

China News Service, Shanghai, November 12 (Reporter Xu Jing) On the 12th, Shanghai took the lead in the country to explore the sharing of bankruptcy case information with the government and courts, and innovatively launched a new application scenario for the electronic business license authority of bankrupt enterprises.

This is another innovative measure taken by the Shanghai Municipal Administration for Market Regulation, with the strong support of the State Administration for Market Regulation, in conjunction with the Shanghai Higher People's Court to deepen government-court joint information sharing, focus on the reform of bankruptcy facilitation, and continue to optimize the business environment.

Previously, bankruptcy case data and the enterprise registration system were independent of each other, and data sharing was not implemented. As a result, the registration authority was unable to promptly know that the enterprise had entered bankruptcy proceedings, which was not conducive to the maintenance of the legitimate rights and interests of all parties in bankruptcy. At the same time, in the national unified electronic business license system, only the legal representative has the right to obtain an electronic business license, and the bankruptcy administrator cannot obtain and use the electronic business license, which is not conducive to the efficient performance of the duties of the bankruptcy administrator.

It is understood that after an enterprise is ruled by the court to enter bankruptcy proceedings, relevant bankruptcy case information is pushed to the market supervision department through the Shanghai Big Data Center platform, and the registration system marks the relevant enterprise. Subsequent registration and management will be carried out in accordance with the provisions of the Bankruptcy Law, and the bankruptcy administrator must file a registration application on behalf of the bankrupt enterprise in accordance with the law.

The Shanghai Municipal Administration for Market Regulation received approval from the State Administration for Market Regulation to launch a pilot reform of the authority adjustment mechanism for electronic business license administrators during bankruptcy proceedings, and was the first in the country to launch this application system: For an enterprise entering bankruptcy proceedings, the electronic business license held by the original legal representative will expire simultaneously, and the bankruptcy administrator can apply to the registration authority to receive the electronic business license of the bankrupt enterprise. Through the source control of the electronic business license management system, we can effectively prevent the risk of asset disposal in the bankruptcy process, ensure the safety of the bankruptcy property and the orderly advancement of the bankruptcy process in accordance with the law, and effectively safeguard the legitimate rights and interests of all parties.

After the bankruptcy administrator downloads the electronic business license, he or she will obtain the full right to use the electronic business license, which he can use independently or authorize others to use. By logging in to the "Shanghai Enterprise Registration Online", you can handle the registration of changes to bankrupt enterprises or liquidation-related registrations of foreign investment enterprises according to the authority of the bankruptcy administrator. You can also sign electronically on behalf of the bankrupt enterprise after the bankruptcy procedure is completed. The entire electronic one-stop process of deregistration of bankrupt enterprises can help further improve the efficiency of the process.

The Shanghai Market Supervision Department stated that it will rely on the joint data sharing between the government and the court to further explore the application scenarios of court-related information in the field of corporate deregistration, prevent problematic companies from "malicious deregistration", and help create a world-class business environment with a higher level of institutional innovation.