NEW POLICY ON LEASE AGREEMENT REGISTRATION IN SHANGHAI

by Lulu Zhang, Shanghai Regional Partner, Dezan Shira & Associates

We have recently seen a new and unhelpful addition to the application process for companies in Shanghai.

With increasing foreign investment into the local market, the Shanghai Administration of Industry and Commerce (SAIC) has introduced a further document required for submission when setting up foreign invested entities, including Wholly Foreign Owned Enterprise (“WFOE”), Sino-Foreign Joint Venture Enterprise, and Representative Offices (RO), in Shanghai.

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This article included in China Briefing Magazine

July / August 2006: Common Mistakes & Misperceptions When Investing In China - And How to Avoid Them

Other articles in this issue: Faulty or Inefficient China Business Applications by Chris Devonshire-Ellis, Senior Partner, Dezan Shira & Associates Mergers & Acquisitions: Common Mistakes When Buying a State-Owned Enterprise or Other Chinese Company by Dezan Shira & Associates, Investment Intelligence Unit, Greater China CHINA HOLDING COMPANIES REGULATIONS UPDATED by Sabrina Zhang, North China Regional Partner, Dezan Shira & Associates Shenzhen: Minimum Salary Increased by Alberto Vettoretti, South China Regional Partner, Dezan Shira & Associates