On March 20th, the State Administration for Market Regulation and the National Archives Administration jointly formulated and issued the “Management Measures for Registration Archives of Business Entities”, strengthening the standardized management of registration archives of business entities and effectively protecting and utilizing them. The Measures will officially come into effect from today (20th). The Measures stipulate that during the existence of the operating entity, the registration archives should be continuously preserved. After the cancellation of the operating entity, the retention period of the registration archives is generally 20 years. The registration authority should regularly evaluate the preservation value of the registration archives that have expired and decide whether to destroy them or transfer them to the national comprehensive archives at the same level for permanent preservation.
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