Shanghai Pilot Free Trade Zone confirmed new international finance regulations today that are expected to be a significant boost to companies in the zone. Effective today, cheaper, cross border financing will be available to companies in the free trade zone.
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Shanghai FTZ New Financial Regulations
China (Shanghai) Pilot Free Trade Zone comprises four areas under the special administration of Customs -- Waigaoqiao Free Trade Zone, Waigaoqiao Free Trade Logistics Park, Yangshan Free Trade Port Area and Pudong Airport Free Trade Zone.
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The entire zone covers 28.78 square kilometers
More banks allowed to open free trade accounts.THE Shanghai branches of three more Chinese banks were allowed to launch free trade accounts, an instrument that pilots China’s capital account conversion at the free trade zone in Shanghai.
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Planning to open its doors to foreign and private banks.
Policies of Shanghai Free Trade Zone:Gathered all the policy advantages of special custom supervisal of bonded area,bonded port area,comprehensive bonded area,bonded logistical park and export processing area.REFORMS on customs extended to 4 districts in the city.
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FTZ have the most complete,convenient and opened level.
The General Administration of Customs, China’s customs regulator, has started to extend these reforms to special economic zones countrywide and will soon promote them to areas beyond these zones.
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Customized reforms for 4 districts
20 Steps of Company Registry in shanghai free trade zone,Representative Office establishment and Chinese Company registration,WFOE setup.
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Legal Services / Business Registration Centre
Legal help your business idea in China Shanghai Free Trade Zone. We offer ONE-STOP business law services and Turn Key Solution to Foreign Enterprises from all over the world.
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Starting Business into China Shanghai Free Trade Zone
The Law of the People’s Republic of China on Foreign-Invested Enterprises, the Law of the People’s Republic of China on Chinese-Foreign Equity Joint Ventures and the Law of the People’s Republic of China on Chinese-Foreign Contractual Joint Ventures and their implementation rules.
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How to Establishment of Foreign-Invested Enterprise