The newest issue of China Briefing Magazine, titled “Revisiting the Shanghai Free Trade Zone: A Year of Reforms,” is out now and available as a complimentary download in the Asia Briefing Bookstore through the month of September.
In this issue:
- Updated Reforms in the Shanghai FTZ 2014
- Logistics in the Shanghai FTZ
- Cross-Border Forex Cash Pooling in the Shanghai FTZ
- Case Study: Using the FTZ to Access the Outbound Tourism Industry
These are times of great change in China, with new opportunities and challenges confronting foreign investors. As the country moves from an export-driven economy toward increased domestic consumption, many foreign-invested manufacturers have transferred their operations to elsewhere in Asia. This is putting pressure on the Chinese government to offer new incentives for FDI and thereby sustain economic growth.
As one such measure, the Shanghai FTZ’s unique package of preferential policies is creating fresh opportunities for mature businesses in China, and opening new avenues into industries that have heretofore been restricted to foreign investment.
In this issue of China Briefing, we revisit the Shanghai FTZ and its preferential environment for foreign investment. In the first three articles, we highlight the many changes that have been introduced in the Zone’s first year of operations, including the 2014 Revised Negative List, as well as new measures relating to alternative dispute resolution, cash pooling, and logistics. Lastly, we include a case study of a foreign company successfully utilizing the Shanghai FTZ to access the Outbound Tourism Industry.
Asia Briefing Ltd. is a subsidiary of Dezan Shira & Associates. Dezan Shira is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in China, Hong Kong, India, Vietnam, Singapore and the rest of ASEAN. For further information, please email firstname.lastname@example.org or visit www.dezshira.com.
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Adapting Your China WFOE to Service China’s Consumers
In this issue of China Briefing Magazine, we look at the challenges posed to manufacturers amidst China’s rising labor costs and stricter environmental regulations. Manufacturing WFOEs in China should adapt by expanding their business scope to include distribution and determine suitable supply chain solutions. In this regard, we will take a look at the opportunities in China’s domestic consumer market and forecast the sectors that are set to boom in the coming years.
Strategies for Repatriating Profits from China
In this issue of China Briefing, we guide you through the different channels for repatriating profits, including via intercompany expenses (i.e., charging service fees and royalties to the Chinese subsidiary) and loans. We also cover the requirements and procedures for repatriating dividends, as well as how to take advantage of lowered tax rates under double tax avoidance treaties.
Guide to the Shanghai Free Trade Zone
In this issue of China Briefing, we introduce the simplified company establishment procedure unique to the zone and the loosening of capital requirements to be applied nation wide this March. Further, we cover the requirements for setting up a business in the medical, e-commerce, value-added telecommunications, shipping, and banking & finance industries in the zone. We hope this will help you better gauge opportunities in the zone for your particular business.