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What is the Unified Social Credit Code

The Unified Social Credit Code is a set of codes with a length of 18 digits for the identification of legal persons and other organizations.

The unified social credit code is issued by the National Standards Committee. The unified social credit code, also known as the taxpayer identification number, is a code belonging to the taxpayer consisting of the code of the place to which the taxpayer belongs and the code of the taxpayer's organization. The identification number of each independent enterprise is unique, and each taxpayer identification number is only allowed to be used by one enterprise, which is equivalent to the enterprise's "identity card" number. If the enterprise is canceled, the number will no longer be available to other enterprises.

Since October 1, 2015, the mandatory national standard GB32100-2015 "legal persons and other organizations unified social credit code coding rules" will be the enterprise's business license number, organization code and tax registration certificate number of the three certificates, the enterprise only retains the business license and the corresponding 18-bit unified social credit code.

The role of the unified social credit code:

1, conducive to the enjoyment and use of information***

The unified social credit code is equivalent to the "identity card number" of the legal person and other organizations. Through the unified social credit code, government departments and the public can effectively identify the identity of the main body and analyze the information by correlation and comparison, which creates the basic conditions for the realization of information **** enjoyment and utilization.

2, conducive to improving administrative efficiency, reduce social costs

Unified social credit code is to promote reform of the business system, the realization of the "three certificates in one," "one license, one code," the basis and prerequisite. After the reform, multiple codes have been changed to one code, and multiple processing has been changed to one processing, which simplifies the procedures, saves time and cost, and will further stimulate the market innovation and entrepreneurship.

3. It is conducive to accelerating the construction of social credit system

Credit information is the foundation and key to the construction of social credit system. Through the unified social credit code, the credit records scattered in various regions, departments and fields will be gathered and integrated under the name of the subject in question, forming a complete and unified credit file of market participants, creating conditions for praising honesty and punishing dishonesty.

4, conducive to further promote the simplification of government, decentralization, combination of management and optimization of services

Strengthening of market subjects in the aftermath of the supervision and services to make full use of big data concepts and technologies. Through the unified social credit code, promote the information ****sharing of all regions and departments, and exchange and integrate information with all aspects of society and the market, forming big data resources that can be utilized to provide support and guarantee for government supervision and services.

Reference for the above: Baidu Encyclopedia - Rules for Coding Unified Social Credit Code for Legal Persons and Other Organizations