FTZ Company incorporation
Company Registration in Shanghai Pilot Free Trade Zone
As a category of Shanghai Free Trade Area, Shanghai Pilot Free Trade Zone (hereinafter
referred to the "Pilot FTZ") is a regional free trade zone established by the Government
of China in Shanghai. The Pilot FTZ was formally established on 22 August 2013 with the
approval of the State Council and officially opened on 29 September 2013. With a total
area of 28.78 km2, equal to 1/226 of that of Shanghai, the Pilot FTZ covers four Customs
Special Supervision Areas of Shanghai Waigaoqiao Free Trade Zone, Shanghai Waigaoqiao
Bonded Logistics Park, Yangshan Bonded Port Area, and Shanghai Pudong International
Airport Comprehensive Free Trade Zone.
Yosne is dedicated to providing Chinese and foreign investors with one-stop services of
registration, operation and management in the Pilot FTZ by virtue of its years'experience
and contacts in registration in these fields.
Company Registration in Six Fields
The Overall Program of the Pilot FTZ has been disclosed, together with the Measures
for widely opening service industries to cover six fields. The banking industry, telecom
value-added service, performance brokerage, education institutions and other industries
which were not open to the public in the past will be open to enterprises registered in
the Pilot FTZ, which will be expected to present new business opportunities to the
foreign-funded and private enterprises.
Financial Service Industry
The specific measures for opening financial services to the public are as follows:
qualified foreign-funded financial institutions are allowed to establish foreign-funded
banks; qualified private capital and foreign-funded financial institutions are allowed
to establish Sino-foreign joint venture banks; limited license banks are allowed to be
established at the pilot stage; qualified Chinese-funded banks are allowed to be
engaged in offshore banking services in the Pilot FTZ.
Shipping Service Industry
In the shipping service industry, the restriction on the proportion of foreign capital in
Sino-foreign joint or Sino-foreign cooperative international shipping enterprises is
relaxed, and the competent transportation authority under the State Council will be
responsible for developing relevant trial measures for management; non-five stars flag
vessels owned by either Chinese-funded companies or Chinese-controlled companies
have the priority to try to carry import and export containers between domestic coastal
ports and Shanghai Port; wholly foreign-owned enterprises in international ship
management are allowed to be established.
Commerce and Trade Service Industry
In terms of commerce and trade services, foreign-funded enterprises are allowed to be
engaged in some specific types of value-added telecom services on the premise of
guaranteeing the safety of network information (if beyond the scope of relevant
administrative laws and regulations, the State Council's approval is a must); foreign-funded
enterprises are allowed to be engaged in the production and sales of game and
entertainment devices, and those devices passing the content examination of the
competent culture authority may be available for sales in the domestic market.
Professional Service Industry
The lawyer service, credit investigation, travel agency, employment agency, investment
management service, engineering design, construction service and other professional
services will be further open to the public. In the Pilot FTZ, the model of cooperation
between Chinese and foreign law firms will be explored; it is permissible to establish
foreign-funded credit investigation companies, register Sino-foreign joint venture travel
agencies and Sino-foreign employment agencies, and incorporate foreignfunded investment
companies under the stockholding system; the proportions of Chinese and foreign
investments in a Sino-foreign joint construction project are not limited when a wholly
foreign-owned construction enterprise in the Pilot FTZ undertakes the project in Shanghai.
Cultural Service Industry
For cultural services, the Pilot FTX will cancel the limitation on the share proportion of a
foreign-funded performance brokerage agency, and allow to establish wholly foreign-funded
performance brokerage agencies which can provide services in Shanghai, and
to establish wholly foreign-funded entertainment agencies which can provide services
in the Pilot FTZ.
Social Service Industry
Regarding social services, the Pilot FTX will allow to establish Sino-foreign cooperative
institutions in education and training, Sino-foreign cooperative institutions in vocational
skills training, and wholly foreign-funded medical Institutions.
For more information about Free Trade Zone
【Business contact】
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WOFE/RO/Visa HK/Offshore company formation |
| 郭小姐 (Vivian Guo) |
+86 21 6430 5286 |
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| 周小姐 (Chloe Zhou) |
+86 21 6430 5121 |
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Import & Export permit Trademark Registration |
| 冯 小姐 (Miya Feng) |
+86 21 6430 5121 |
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| 王 小姐 (Lau Wang) |
+86 21 6430 5286 |
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Accounting Enterprise annual inspection |
| 吴小姐 (Wu Lei) |
+86 21 6430 5121 |
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| 孙小姐 (Jenis Sun) |
+86 21 6430 5286 |
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| 方小姐 (Pauline Fang) |
+86 21 6430 5121 |
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