Q and A

What are new policies for insurance companies in the FTZ?

2022-08-05

A: There is a major innovation in professional health insurance services. The FTZ allows foreign companies to set up health insurance institutions. The China Insurance Regulatory Commission also announced the carrying out of trials for shipping insurance and liability insurance, which involves property insurance...
Are there any limits on foreign investors when they set up a professional health insurance company in the FTZ?

2022-05-20

A: A Sino-foreign joint venture or a cooperative enterprise must have a capital of no less than 20 million yuan. The Chinese partner must at least have a 30 percent holding in the company. Their term of investment or cooperation is limited to 20 years.
How enterprises in Shanghai FTZ change their name and address

2022-03-14

If enterprises in the China (Shanghai) Pilot Free Trade Zone want to change their name and address, they must apply for pre-approval for the name change.
What has the Shanghai FTZ done to open the financial lease market to foreign investors?

2021-11-23

A: The FTZ did not set a minimum capital, but foreign companies must have a minimum capital of 50 million yuan to engage in financial lease services whether as a sideline or main business.
What are the measures the FTZ has taken to open video games and amusement equipment industries to foreign investment?

2021-09-10

A: The FTZ allows foreign companies to produce and sell video games and amusement facilities to the domestic market if their products pass the content examination from cultural officials.
What are the requirements and procedures for an accounting firm to set up a branch in the FTZ?

2021-04-16

A: The accounting firm should be a partnership or a limited liability partnership for at least one year. It has completed internal restructuring and is operating smoothly...
What policies has the Shanghai FTZ adopted to open the shipping industry to foreign companies?

2021-01-18

A: The FTZ has relaxed the restriction on the percentage of foreign capital in a joint venture shipping company. Relevant regulations will be made by transport authorities with the State Council...
What measures has the Shanghai FTZ adopted to open the performance market to foreign agencies?

2020-12-11

A: Foreign investors are allowed to set up wholly-owned performance agencies in the FTZ.

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