The story appears on

Page A4

January 26, 2021

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Metro

Corporate registration fraud on the rise

Relaxed rules have led to more instances of registrations with false identities, according to a deputy to Shanghai People’s Congress.

Such criminal activities should be curbed by streamlining administrative measures, as law enforcement and punishments aren’t forceful enough to deter them, said the deputy, Chen Huanyan, manager of the department of legal affairs at Shanghai Fengxian Gas Co.

In Fengxian District alone, as the number of new companies registered has continued to increase since 2014, government officials have received an increasing number of complaints from residents whose names appear on shareholder lists or as legal representatives of companies unfamiliar to them.

In 2014, there were only eight complaints, while last year there were 262, leading to more cases filed against the government.


Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend