Our collection of resources based on what we have learned on the ground
Resources
Q&A
When was the Framework Plan of the China (Shanghai) Pilot Free Trade Zone issued...
- May 2014
- Free Access
The State Council issued The Framework Plan of the China (Shanghai) Pilot Free Trade Zone (Shanghai FTZ) on September 18, 2013. One of its overall objectives is the further opening up of the service sector to foreign investors. The Plan sets out 18 s...
Q&A
How are the policies to be relaxed in the Shanghai Free Trade Zone (FTZ) for the...
- May 2014
- Free Access
Foreign investors are allowed to set up wholly foreign-owned medical institutions in the Shanghai FTZ under the Provisional Measures on the Administration of Wholly Foreign-Owned Medical Institutions in the Shanghai FTZ issued by the Shanghai governm...
Q&A
What are the guidelines for foreign investors who wish to set up a wholly foreig...
- May 2014
- Free Access
Foreign investors applying to set up a wholly foreign-owned medical institution in the Shanghai FTZ must be an independent legal person, and must have been engaged in the investment and management of medical institutions for more than five years. Add...
Q&A
How do foreign investors apply to set up a wholly foreign-owned medical institut...
- May 2014
- Members Access
To set up a wholly foreign-owned medical institution in the Shanghai FTZ, applicants need only submit a single application to a branch office of the Shanghai Industry and Commerce Administration Bureau in the Zone. The following application materials...
Q&A
How are the policies to be relaxed in the Shanghai Free Trade Zone (FTZ) for the...
- May 2014
- Free Access
The telecommunications industry has traditionally been heavily regulated in China. Due to the practical hurdles in obtaining the relevant licenses and foreign ownership restrictions, very few foreign investors have been able to obtain permission to p...
Q&A
How are the policies to be relaxed in the Shanghai Free Trade Zone (FTZ) for the...
- May 2014
- Free Access
Under the Framework Plan, the Shanghai FTZ will relax restrictions on the proportion of foreign equity permitted in joint venture international shipping enterprises and allow wholly foreign-owned vessel management enterprises to be established in the...
Q&A
What conditions need to be met by foreign investors registered in the Shanghai F...
- May 2014
- Members Access
Entities registered in the Shanghai FTZ must meet the following conditions to engage in international vessel management: Have at least two senior executives with no less than three years experience in international maritime transportation; and Ha...
Q&A
Does the Shanghai Free Trade Zone (FTZ) contain tax and custom policies to facil...
- May 2014
- Free Access
The Shanghai FTZ contains tax and customs policies to facilitate the shipping industry. Shipments from overseas may be delivered to the Zone first and filed for entry later, and the customs filing procedures for goods imported into the Zone will be g...
Q&A
How are the policies to be relaxed in the Shanghai Free Trade Zone (FTZ) for cro...
- May 2014
- Free Access
The Notice Concerning Support to Further Expand the Cross-Border Usage of RMB in the Shanghai FTZ (The Notice) simplifies the procedures for cross-border RMB usage under current account and direct investment items within the Shanghai FTZ. Commercial ...
Q&A
Are enterprises located in the Shanghai Free Trade Zone (FTZ) permitted to borro...
- May 2014
- Members Access
According to the Notice Concerning Support to Further Expand the Cross-Border Usage of RMB in the Shanghai FTZ, non banking financial institutions and enterprises located in the Shanghai FTZ are permitted to borrow RMB funds from offshore sources. Ho...
Q&A
What do Free Trade Accounts in China entail?
- May 2014
- Free Access
A Free Trade Account (FTA) is a new type of bank account which was introduced to facilitate the cross-border flow of funds into the Shanghai Free Trade Zone (FTZ). It is for both residents and non-residents (including individuals and entities) in the...
Q&A
How should a foreign enterprise prepare an audit report in China?
- May 2014
- Members Access
All foreign-invested enterprises (FIE), including wholly foreign owned enterprises (WFOE), joint ventures (JV), and foreign-invested commercial enterprises (FICE), are required to hire external accounting firms to conduct and annual audit of the comp...
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