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    HOME >> INSIGHTS >>COMPANY SETUP >> Why to Register a company in Free Trade Zone in Shanghai, China?
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    Why to Register a company in Free Trade Zone in Shanghai, China?

    Shanghai Free-Trade Zone (Shanghai FTZ) or Shanghai Pilot Free-Trade Zone was officially opened it's door since August 22, 2013. It is the first Free-Trade Zone in China. Since 2017, it becomes one of the most popular destnations to do business in China among our overseas clients. On March 31, 2017, there are 7 more new Free-Trade Zones have been approved in Liaoning, Zhejiang, Henan, Hubei, Sichuan, Shaani and Chongqing. Among them, Shanghai Free-Trade Zone is the best in our opinion.


    There are reasons for that.

    1. Virtual Address Registration:

    It is OK for investors to register a Free-Trade Zone company with a virtual address in Shanghai free trade zone. It's even

    OK for a such company to apply for working visa for it's foreign employees with such virtual address.

    2. Registered Capital:

    No. minimum registered capital is required for a such Free-Trade zone company, and even with such condition, the

    reigstered capital doesn't have to be deposit to the company's bank account in Free-Trade zone. We have a client

    registered a free Trade-Zone company on Feb. 2017 with capital USD 10,000 and the clients doesn't have transfer this

    USD 10,000 from overseas.

    3. Offshore bank account and Onshore bank account combined:

    Shanghai Free-Trade Zone company can open a multi-currency Free-Trade Enterprise (FTE) bank account. Under this

    account, it's possible for the company to recevied payments from abroad in foreign currency and send payments in

    foreign currency to overseas without pre-approval from State Adminstration of Foreign Exchange (SAFE). For instance,

    a Shanghai Free-Trade zone company recevied USD 5,000 from a Singaporean company. And the Free-Trade zone

    company then send USD 3,000 to it's service provider in Japan. Under the FTE account, the bank only needs to submit a

    simple due-diligence report to SAFE and then USD 3,000 will be freely to send to Japan.

    4. Timing:

    It will take approx. 1 month to register a Consulting Free-Trade Zone company in Shanghai. While for a Trading Free-

    Trade Zone company, it takes 1.5 months.

    5. Transportation:

    Shanghai has subway line from City to Shanghai Free-Trade zone.


    Free trade zone 6 Fields open to Foreign investment:

    --Financial Service Industry

    --Shipping Industry

    --Commerce and Trade Service Industry

    --Professional Service Industry

    --Cultural Service Industry

    --Social Service Industry 


    Shanghai Free trade Zone is a Special zone in shanghai that Foreign Companies can register.There is no Registered capital or address needed and set up can be done in 30 work days.


    --No Registered Capital needed
    --No Real Office Needed (We can provide an Legal virtual registered address)
    --No Restriction on Business scope

    If you need further assistance, please feel free to contact us.  marketing@gomaxgroup.com or

    You can book the 30-minute Free consultation call from https://calendly.com/julieyu-gomax/ 


    TEL: +8613216653054,+862168460213

    EMAIL: marketing@gomaxgroup.com

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