Shanghai Data Bureau
10.12.2025 10:45:51 CET | Globenewswire | Press release
Shanghai launches fully online business registration service for Singaporean firms via interoperable digital identity service
Shanghai launches fully online business registration service for Singaporean firms via interoperable digital identity service
SHANGHAI, Dec. 10, 2025 (GLOBE NEWSWIRE) -- On November 25, at the main forum of the Global Data Ecosystem Conference 2025, the fully online business registration service which is based on the Shanghai-Singapore cross-border digital trust framework was officially launched. This service will help reduce the time and cost associated with mailing and processing paper-based notarised documents. Once fully implemented, Singaporean enterprises investing in and establishing businesses in Shanghai will benefit from faster, simpler and more secure cross-border service procedures, thereby promoting two-way investment flows between Shanghai and Singapore.
Previously, under the lead of the Shanghai Data Bureau, the Shanghai Electronic Certification Authority (SHECA) established a cross-border digital trust service platform and explored pathways for cross-border digital identity interoperability. The initiative aims to enhance the efficiency, security and reliability of cross-border identity and document authentication, break down barriers to cross-border trust, and foster international cooperation and exchange.
Since the beginning of this year, the Shanghai Data Bureau, together with the Shanghai Administration for Market Regulation, has collaborated with Singapore's Infocomm Media Development Authority and the Singapore Academy of Law to develop the first application scenario for digital identity interoperability. Through the launch of a pilot project based on Decentralized Identifiers (DID) and Verifiable Credentials (VC) techniques, the programme tested the process of Singaporean corporate investors registering foreign-invested enterprises in Shanghai via an entirely online process.
For the first time, the authorisation relationships of duly empowered signatories from Singaporean companies were clearly defined, effectively resolving the long-standing challenge of verifying the authenticity and validity of notarised documents. As a result, eligible Singaporean enterprises can now complete business registration in Shanghai without submitting paper-based notarised documents.
Going forward, Shanghai and Singapore will promote services that help Chinese enterprises "Go Global," applying the model in scenarios of business establishment in Singapore to provide Chinese companies with convenient online registration services when expanding in Singapore. At the same time, the two sides will gradually broaden areas of cooperation, advancing the adoption of cross-border digital identity and electronic document interoperability in more fields. Shanghai will also continue to enhance its cross-border digital identity interoperability platform, explore the development of a blockchain-based model, and extend its application to Belt and Road countries and neighbouring regions. This will strengthen the city's identity authentication capabilities in relation to overseas individuals and enterprises, while continuously improving Shanghai's overall digital identity service capacity.
Source: Shanghai Data Bureau
Contact for media only: Contact person: Ms. Zou, Tel: 86-10-63074558
Subscribe to releases from Globenewswire
Subscribe to all the latest releases from Globenewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Globenewswire
Northland Power Inc.13.8.2026 00:55:55 CEST | Press release
Northland Power Reports Second Quarter 2026 Results and Construction Progress Updates
Energy Metal News12.8.2026 22:07:23 CEST | Press release
Skaergaard’s 2026 Resource Used a $3,500 Gold Assumption; Gold Has Since Traded Above $4,300
Zealand Pharma12.8.2026 22:05:00 CEST | Press release
Zealand Pharma enters into a USD 100 million royalty purchase and sale agreement with Royalty Pharma for the economics related to rusfertide
Kvika banki hf.12.8.2026 17:35:00 CEST | Press release
Kvika banki hf.: Financial Results for Q2 2026
Inter-American Development Bank12.8.2026 17:30:00 CEST | Press release
IDB Group’s Amazonia for All Initiative Has First ETF with BTG Pactual Asset
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom