Shanghai Free Trade Zone
Shanghai Free-trade Zone is the first Hong Kong-like free trade area in mainland China. The plan was first announced by the government in July and it was personally endorsed by Premier Li Keqiang who said he wanted to make the Shanghai Free Trade Zone Company a snapshot of how China can upgrade its economic structure. The benefits of China’s latest innovation in encouraging Foreign Investment are clear. It is now possible for foreign entities to open a Limited Company in Shanghai Free Trade Zone with NO real capital requirements. This is the gateway for an easy, low-risk and fast entrance into the Chinese market.
What NEEDED to start registration of Free Trade Zone Company in Shanghai
The procedure to set up a Wholly Foreign Owned Enterprise is very similar regardless which WFOE you want to establish. We have created a very simple procedure for our clients to get their Wholly Foreign Owned Enterprise Registration started in China. All you need to do is to deliver the documents to us and we sort out the rest.
It is not necessary for you to be in China to get the process started. You can use a Hong Kong Company (recommended), set up as an Individual or your existing Overseas Company and then apply a specific license depending on your business scope.