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Shanghai Free Trade Zone Introduction

Updated:2018-5-8 17:52:04    Source:www.tannet-group.comViews:211

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 zone a snapshot of how China can upgrade its economic structure.

Benefits of Shanghai Free Trade Zone
Benefit from China’s latest innovation on encouraging Foreign investment. Now Foreign entities can open a Limited Company in Shanghai’s Free Trade Zone with NO real capital requirements. This enables Foreign companies to have an easy, low-risk and fast setup into to the Chinese market.

Virtual Registered Address
A registered address is required to register your company in China. Tannet can supply a registered address that will be the legal address of your company and a legal virtual registered address in Shanghai free trade zone quickly,the time peroid for such address will be one year time and it can be extended year by year.

Advantages of Shanghai Free Trade Zone
Taxes: Mainly for import and export companies, zero customs, tariff reduction and circulation taxes are lower , particularly lower transportation costs.
Timing: The registration will complete in 1 week, except for import and export license takes 2 weeks
Scope of Business:There are no limits on the scope of business
No Registered Capital: Low registered capital with no requirement to specify when it needs to be injected. Basically no need for any registered capital;
Currency Exchange: Free currency exchange with no Limitations;

Contact Us
If you have further queries, please don’t hesitate to contact TANNET anytime, anywhere by simply visiting Tannet’s website english.tannet-group.com or calling Shanghai hotline at 86-21-58822399,86-21-31397142, or emailing to hkcfm-shanghai@163.com,or adding our QQ:2355725119 ,skype:shtannet123.

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