Shanghai FTZ Corporate Formation
Shanghai FTZ Corporate Formation Service
Hotline: 86-21-68877368, 86-755-82143512
Shanghai FTZ Corporation Formation is one of Tannet's business registration services. Shanghai Pilot Free Trade Zone (Pilot FTZ) is a category of Shanghai Free Trade Area. It 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.
Shanghai Pilot FTZ Company Setup 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.
1.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.
2.Shipping Service Industry
In the shippin Area as whole, and is only 3 km away from Waigaoqiao Free Trade Zone.
Scale: Total 1.03(km2)
3.Pudong International Airport Comprehensive Free Trade Zone
Profile: It was officially put into operation on 28 September 2010. It is located in the intersection between China's eastern coastal economic belt and Yangtze River, adjacent to Pudong International Airport with the third largest goods throughout in the world, and lies in the Asian, European and American triangular routes.
Scale: Total 3.59(km2)
4.Yangshan Bonded Port Area
Profile: It was established through the cross-regional cooperation between Shanghai and Zhejiang and put into formal use on 10 December 2005 when Yangshan Deep-Water Port was open. It is a special functional area subject to Customs close regulation and is the first bonded port area in China.
Scale: Total 28.78(km2)
Preferential Policies in Shanghai Pilot FTZ
1.Plan to open RMB capital projects
2.Build an offshore finance center
3.Create an innovative supervision model in the trade field
4.Promote innovation and development of foreign trade logistics
5. Eight Supports for Shanghai FTZ Banking
6. Favorable "micro-environment" for investment
Tannet Group Limited is a professional consulting group experienced in company registration in Shanghai Pilot FTZ nad worldwide. If you want to set up business in Shanghai Pilot FTZ or other areas, you can rely on Tannet for help.
If you have further queries, don’t hesitate to contact Tannet anytime, anywhere by simply visiting Tannet’s website www.tannet-group.net, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-21-68877368, or emailing to email@example.com
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