HomeAbout Total Presence ManagementContact Total Presence Management

Beijing   Shanghai    Guangzhou   Shenzhen  Hong Kong

 

 
  Virtual Office PackagesBusiness ServicesVirtual Office Signup
 
China opens Shanghai free-trade zone, the first Hong Kong-like free trade area in mainland China.Corporation China can register your company in just 5 days in the zone.
Vantage Presence Virtual Office PackagePremier Presence Virtual Office Package China Company FormationTake A Virtual Tour!
  Who We AreWhat We DoHow We're DifferentGet Started Now!
Special Offers!
 
SHANGHAI FREE TRADE ZONE a Duty-free imports & exports with free converting of the renminbi
We can arrange a Registered address  for your WOFE, Shanghai Free Trade Zone company
Hong Kong  Company Formation. Set up a Hong Kong Kong Company in just 3 days
   
Our China TOTAL PRESENCE™ Company Management Solution totally manages your China. ACCOUNTING, FINANCIAL & LEGAL SERVICE

 

Corporation China celebrated its 10 years anniversary this year! Thanks to all our clients and staff for their support over the years.

 

A trademark is the one of the most important business assets you'll ever own. 

 

 

Corporation China was voted the one of the best Company Formation Firms in China, with over 10 years experience and locations in Beijing, Shanghai, Ningbo, Guangzhou, Shenzhen and Hong Kong

 

Corporation China is the Sole Foreign Government Partner for the Shanghai Special Economic Zone

Corporation China helps foreign investors establishing their business presences in China.

At Corporation China we give entrepreneurs a complete solution that enables them to come into China and start their business; we have been registering companies for over 10 years

China opens Shanghai free-trade zone

China officially opened the Shanghai free-trade zone, a 29-sq-km swath of land carved out of the country’s most populous city. Inside, foreign financial institutions will be allowed to invest and operate more freely than in the rest of the Chinese economy

Among other measures to be trialed inside the zone are allowing China's heavily-regulated currency, the yuan, to be swapped freely for other currencies, China's State Council said on Friday

 

Marco Pearman-Parish CEO of Corporation China said in an interview with The Guardian said that "Free trade zone is a long awaited move by the Government and this will simulate interest in Foreign Companies planning to establish their presents in the China market "

 

We boast fastest turn around in Beijing and Shanghai !

Corporation China helps foreign investors establishing their business presences in China.

At Corporation China we give entrepreneurs a complete solution that enables them to come into China and start their business; we have been registering companies for over 10 years

We offer a Turn Key Solution from  Registering your Company , find you a office or Virtual office solution and sorting out your company tax and Accounting , so that you can concentrate on DOING BUSINESS!

So, if you run an established business and want to open a Representative Office or starting a new Venture in China,  or are launching a new business and are just "testing the waters" in China, we will have a package for you.

 
 

                          

 

 

 Beijing Office:(+86) 010-6538 8332    Shanghai Office: (+86) 021 3160 3614  Mobile :+86 185 0017 5585

 FWT Homepage Translator                 

 

Company Formation in China, Wholly Foreign Owned Enterprise (WFOE) Representative Office (RO) and Company Registration in China or Beijing starting a Virtual office and  company registered address in Beijing

We are in Beijing, Shanghai, Company Formation doing business in China, WFOE setting up Beijing we can supply a company registered address in Beijing or arrange a Business Trip china, WFOE Ningbo. Company setting up Beijing, Ningbo opening a WFOE (WOFE) company incorporation Beijing, Business Registration, Consulting, business formation in China, business advices, company setting up in China, Wholly Foreign Owned Enterprise, Representative office, R.O., RO, Rep. Office enterprise registration china company Chinese company or china firm starting Chinese firm, expatriate, expat, foreigner, business trip to China, business tour to China, Guangzhou, Ningbo, Shanghai, Yiwu or Qingdao, Shenzhen, Tianjin, Hangzhou, company registered address Beijing, incorporation

 

 

 

 

 

Corporation China, a leading Company Registration firm in China, with it's 10 locations: Shanghai, Beijing, Shenzhen, Hangzhou, Hong Kong within the country. Corporation China
 helping foreign investors establishing their business presences in China. Corporation China
 provides business consulting services for clients interested in starting their business in China and assist companies interested in China market to establishing and structuring their entities in China. Corporation China
 is a specialist in guiding small, medium size, and family-owned businesses to start & expand their operations in China market. We love to help our clients step into this market properly. And, we're good at it. Some quick facts about Corporation China: We have helped many clients established their business entity in China Most of our new business comes from referrals and online searches We are experts in company formation in China We are cost effective - From 20% to 60% cheaper than our main competitors

We have offices in Beijing, Shanghai, Shenzhen, Hong Kong, Hangzhou and more soon to come1. Company Formation in China (Incorporate company in China)

Corporation China has been assisting foreign investors establish and maintain their subsidiaries in China since 1999to setting up their presence throughout China. Most of our clients chose Beijing, Shanghai, Shenzhen, Tianjin, Hangzhou, Ningbo, Guangzhou, Chengdu as their China base. Our consultants provide experienced consulting service in the complex factors that clients need to take into account to succeed in middle kingdom. As for incorporate a business in China, there are 5 types of business presence in China, and Corporation China
's business registration service covers all these 5:

Hong Kong company formation

Incorporate Wholly Foreign Owned Enterprises (WFOE) in China
Register Foreign Representative Office (REP. OFFICE ) in China

Setting up Joint Venture (JV) with Chinese partner's in China

Setting up Partnership Enterprise (PE) with Chinese individual or Foreign partner(s) in China

Corporation China's above business registration services in China, such like: Representative Office Registration, Incorporate of Trading WFOE, Manufacturing WFOE, Consulting WFOE, Retailing WFOE, Information Technology WFOE, Food & Beverage WFOE, Information Technology etc covered major cities of China: Shanghai, Beijing, Shenzhen, Hangzhou, Tianjin, Guangzhou, Xiamen, Qingdao etc. 2. Post Incorporation Services in China

After we incorporated your business in China, we could provide you following services which will cover:  Accounting Services (Rep. Office ; Company: WFOE & J.V. ; Partnership Enterprise) Payroll Services (Handling payroll, personal income tax and social securities)

Visa services (To get your 1 year work & residence permit in China for Free )

Corporation China is the Official Partner in the Shanghai free-trade zone also known as the Shanghai economic  zone

The Shanghai free-trade company registration to registered a company in the  Shanghai free-trade zone .

Shanghai free trade zone company set up is easy

 

3. Investment Strategy Services Strategy determines the direction in which a business will head. Corporation China 's advisory assignments always start by answering the question: what should we do? Our Strategy Practice is grouped into different practice areas so that resources can be optimally allocated and devoted to develop our expertise. Meanwhile, the division of practice areas also enables us to draw proper talents from the appropriate offices around China to assemble the most effective consultants for client.After reviewing company's investment plan, some will choose to merger with and acquisition of Domestic Enterprises, check our M&A service on how we could help you find a smoother route to success for our clients in China: Mergers & Acquisitions in China

4. Business Tour Arrangement As one of our specialized services, we provide Executive Business Tour to China periodically which covers the major cities of China: Shanghai, Beijing, Shenzhen, Tianjin, Guangzhou etc. It has been an effective and efficient way for business executives and entrepreneurs to find international business opportunity in China, achieve their goal in sourcing/partnership, explore the huge Chinese Market, build connection with government officials, and Gain an understanding some of the key elements of Chinese business culture, protocol, and etiquette Firstly, we are living and working throughout China. We are intimately familiar with the current Chinese economic situation and understand the law, culture difference and challenges of living and working throughout this region. We have people on the ground in most major cities in China and access to alliance partner specialists who will put your issue first and handle it confidentially and professionally. Secondly, we don't seek to be know all things or to accept work in areas where others may provide a better service. We will analyze your enquiries carefully and we will let you know at once if we believe your matter is unlikely to achieve the results you desire or others would represent you better. Thirdly, our offices cover the major business hubs and regions in China market: Beijing (Northern China, Bohai economic rim, Tianjin, Qingdao), Shanghai (Eastern China, Yangtze delta region, Hangzhou, Suzhou, Ningbo, Yiwu, Taizhou, Wenzhou), Shenzhen (Southern China, Pearl river delta, Hong Kong, Shenzhen, Guangzhou, Dongguan) allow you to use our services locally . Finally, we believe that price matters, we listen to our clients, investigate the market, evaluate it and provide the best service charge that we could offer to cut down the costs of our clients. The up-to-date service charge has been listed on this website. Interestingly, most of our clients chose us are not because we are cheap but because we have knowledgeable & professional staffs with efficient service support.

Company Registration in Shanghai Pilot Free Trade Zone

Company Registration in Shanghai Pilot Free Trade Zone

As a category of Shanghai Free Trade Area, Shanghai Pilot Free Trade Zone (hereinafter referred to the "Pilot FTZ") is 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.

Conpak is dedicated to providing Chinese and foreign investors with one-stop services of registration, operation and management in the Pilot FTZ by virtue of its years' experience and contacts in registration in these fields. Company Registration 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.

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.

Shipping Service Industry
In the shipping service industry, the restriction on the proportion of foreign capital in Sino-foreign joint or Sino-foreign cooperative international shipping enterprises is relaxed, and the competent transportation authority under the State Council will be responsible for developing relevant trial measures for management; non-five stars flag vessels owned by either Chinese-funded companies or Chinese-controlled companies have the priority to try to carry import and export containers between domestic coastal ports and Shanghai Port; wholly foreign-owned enterprises in international ship management are allowed to be established.

Commerce and Trade Service Industry
In terms of commerce and trade services, foreign-funded enterprises are allowed to be engaged in some specific types of value-added telecom services on the premise of guaranteeing the safety of network information (if beyond the scope of relevant administrative laws and regulations, the State Council's approval is a must); foreign-funded enterprises are allowed to be engaged in the production and sales of game and entertainment devices, and those devices passing the content examination of the competent culture authority may be available for sales in the domestic market.

Professional Service Industry
The lawyer service, credit investigation, travel agency, employment agency, investment management service, engineering design, construction service and other professional services will be further open to the public. In the Pilot FTZ, the model of cooperation between Chinese and foreign law firms will be explored; it is permissible to establish foreign-funded credit investigation companies, register Sino-foreign joint venture travel agencies and Sino-foreign employment agencies, and incorporate foreign-funded investment companies under the stockholding system; the proportions of Chinese and foreign investments in a Sino-foreign joint construction project are not limited when a wholly foreign-owned construction enterprise in the Pilot FTZ undertakes the project in Shanghai.

Cultural Service Industry
For cultural services, the Pilot FTX will cancel the limitation on the share proportion of a foreign-funded performance brokerage agency, and allow to establish wholly foreign-funded performance brokerage agencies which can provide services in Shanghai, and to establish wholly foreign-funded entertainment agencies which can provide services in the Pilot FTZ.

Social Service Industry
Regarding social services, the Pilot FTX will allow to establish Sino-foreign cooperative institutions in education and training, Sino-foreign cooperative institutions in vocational skills training, and wholly foreign-funded medical Institutions.

Overview of the Pilot FTZ Scale

Zone Profile Area (km2)
Waigaoqiao Free Trade Zone Officially launched in September 1990, it is the first free trade zone in China which has the largest economic aggregate among the national 15 free trade zones. 10
Waigaoqiao Bonded Logistics Park It is the first bonded logistics park in China with special approval of the State Council, and also one of the three logistics bases subject to key planning during Shanghai's "11th Five-Year Plan" period. It passed the inspection and acceptance by Joint Inspection Team under the General Administration of Customs on 15 April 2004. It is connected with Waigaoqiao Port Area as whole, and is only 3 km away from Waigaoqiao Free Trade Zone. 1.03
Pudong International Airport Comprehensive Free Trade Zone 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. 3.59
Yangshan Bonded Port Area 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. 14.16
Total 28.78

Preferential Policies

Company Registration in Shanghai Pilot Free Trade Zone - Shanghai Company Set up‎
Company Registration in Shanghai Free Trade Zone,FTZ and  Shanghai Company Setup ,Shanghai Free Trade Zone company formation is quick with corporation China, Shanghai Free Trade Zone company set up in 5 days in Shanghai tax free zone
Plan to open RMB capital projects

Build an offshore finance center

Create an innovative supervision model in the trade field

Promote innovation and development of foreign trade logistics

Shanghai Gov’t Issues Q&A on Shanghai Free Trade Zone Administrative Measures

The Shanghai Municipal Government released the “Interpretation of the Administrative Measures for the Shanghai Free Trade Zone (hereinafter referred to as the ‘Interpretation’)” on October 15, which clarifies several issues regarding the administrative measures for the Shanghai Free Trade Zone (Shanghai FTZ). Detailed information can be found below.

Q: What is the background for introducing the “Administrative Measures for Shanghai Free Trade Zone”?
A: With the view to regulate the daily operations of the Shanghai FTZ, the Shanghai Municipal Government released the “Administrative Measures for Shanghai Free Trade Zone (hereinafter referred to as ‘Measures’)” on September 29, which clarify the administrative system and regulations for the zone.

Q: What’s the main content of the Measures?
A: The Measures contain 39 provisions and regulate the following six aspects:

Clarifying the regulatory basis and applicable scope of the Measures, as well as the main function of the Shanghai FTZ;

Clarifying the responsibility of the administration committee of the Shanghai FTZ;

Clarifying the investment system of the Shanghai FTZ;

Clarifying the entry and exit supervision measures of the Shanghai FTZ;

Regulating the financial innovation and risk management system of the Shanghai FTZ; and

Clarifying the measures to optimize management and services in the Shanghai FTZ.

Q: What are the main functions of the Shanghai FTZ?
A: According to the Measures, the main functions of the Shanghai FTZ are as follows:

Promoting the opening-up of the services industry and investment management system reform;

Facilitating trade transformation and upgradation;

Deepening the opening-up of the financial field;

Innovating the supervision service mode;

Exploring and establishing an administrative management system in line with international investment and trade rule systems; and

Cultivating an international and lawful business environment.

Q: Which areas will be further opened up to domestic and foreign investors?
A: The Shanghai FTZ will deepen the opening-up level in the following areas:

Financial services;

Shipping services;

Commercial and trade services;

Professional services;

Cultural services; and

Social services.

Moreover, the Shanghai FTZ will suspend or cancel the entry requirements on investors’ qualifications, as well as restrictions on shareholding proportions and business scope.

Q: Has the Shanghai FTZ rolled out any new measures in terms of foreign investment management?
A: The Shanghai FTZ will implement a “Negative List” approach towards foreign investment management. Foreign investment projects in the sectors not covered under the negative list only need to go through record-filing procedures.

Q: Has the Shanghai FTZ rolled out any new measures in terms of overseas investment by enterprises in the zone?
A: Overseas investment projects by enterprises in the zone only need to go through record-filing formalities.

Q: Has the Shanghai FTZ rolled out any new measures in terms of industrial and commercial administration?
A: The Shanghai FTZ will implement a capital registration system. Shareholders of enterprises in the zone shall agree upon the contributing amount, forms and period independently, and record such in the company’s articles of association.

The shareholders shall be liable for the authenticity and legality of the capital contribution and are held accountable to the enterprise within the limits of their respective subscribed capital or shares. The industrial and commercial authority will register the registered capital of the company, instead of the paid-in capital.

The zone will also pilot the “license before certificate” registration system. Enterprises in the Shanghai FTZ may commence normal production and operation activities after obtaining the business license. Enterprises engaged in businesses which require administrative approval may file an application with the competent authorities for the approval items after obtaining the business license.

Q: Has the Shanghai FTZ rolled out any new measures in terms of entry and exit supervision?
A: The Shanghai FTZ has rolled out the following entry and exit measures:

For goods transferred between the Shanghai FTZ and foreign territories, enterprises in the zone are allowed to deliver such goods to the zone by producing the import manifest information and file for entry record later.

For goods transferred between the Shanghai FTZ and domestic regions, an intelligent monitoring mode will be implemented.

Enterprises in the zone may decide when to apply for inspection on their own before their goods are transferred outside the zone.

The zone will implement a “one declaration, one inspection and one approval” mode.

The zone will implement a “centralized reporting and self-transport” approach to promote the flow of goods between enterprises in the zone.

The zone will promote a classified supervision mode for goods. Specifically:

Goods under bonded storage and processing goods in the zone will be regulated and supervised in accordance with provisions on bonded goods;

Goods imported and exported through the port in the zone and international transit goods will be regulated and supervised in accordance with provisions on port goods; and

Certain domestic trade goods that enter the zone will be regulated and supervised in accordance with provisions on non-bonded goods.

Q: Has the Shanghai FTZ rolled out any new measures in terms of financial innovation?
A: The Shanghai FTZ  has put forward the following four measures for the financial reform:

RMB Convertibility under Capital Account
Under a controllable risk level, the Shanghai FTZ will implement a trial program of RMB convertibility under the capital account, and innovate business and management modes through separate accounting.

Interest Rate Liberalization
The Shanghai FTZ will cultivate an independent pricing mechanism in line with the development of the real economy, and gradually promote the reform of interest rate liberalization.

RMB Cross-border Usage
Enterprises in the Shanghai FTZ may innovate cross-border RMB businesses based on their actual situation, thereby to facilitate the cross-border usage of RMB.

Foreign Exchange Management
The Shanghai FTZ will set up a foreign exchange management system to facilitate trade investment.

Q: Has the Shanghai FTZ rolled out any new measures in terms of strengthening comprehensive management and services?
A: The Shanghai FTZ has established a “one-off handling” system to simplify the administrative procedures in the zone. For approval of foreign investment projects and enterprises establishment, the industry and commerce authorities in the zone shall accept the application documents submitted by applicants and deliver relevant instruments to such applicants in a unified manner.

Moreover, enterprises in the zone are required to submit annual reports to the industry and commerce authorities. Such reports will be publicized and enterprises will be held liable for the authenticity and legality of the reports.

Shanghai Gov’t Issues Q&A on Shanghai Free Trade Zone Administrative Measures

Oct. 17 – The Shanghai Municipal Government released the “Interpretation of the Administrative Measures for the Shanghai Free Trade Zone (hereinafter referred to as the ‘Interpretation’)” on October 15, which clarifies several issues regarding the administrative measures for the Shanghai Free Trade Zone (Shanghai FTZ). Detailed information can be found below.

Q: What is the background for introducing the “Administrative Measures for Shanghai Free Trade Zone”?
A: With the view to regulate the daily operations of the Shanghai FTZ, the Shanghai Municipal Government released the “Administrative Measures for Shanghai Free Trade Zone (hereinafter referred to as ‘Measures’)” on September 29, which clarify the administrative system and regulations for the zone.

Q: What’s the main content of the Measures?
A: The Measures contain 39 provisions and regulate the following six aspects:

  • Clarifying the regulatory basis and applicable scope of the Measures, as well as the main function of the Shanghai FTZ;

  • Clarifying the responsibility of the administration committee of the Shanghai FTZ;

  • Clarifying the investment system of the Shanghai FTZ;

  • Clarifying the entry and exit supervision measures of the Shanghai FTZ;

  • Regulating the financial innovation and risk management system of the Shanghai FTZ; and

  • Clarifying the measures to optimize management and services in the Shanghai FTZ.

Q: What are the main functions of the Shanghai FTZ?
A: According to the Measures, the main functions of the Shanghai FTZ are as follows:

  • Promoting the opening-up of the services industry and investment management system reform;

  • Facilitating trade transformation and upgradation;

  • Deepening the opening-up of the financial field;

  • Innovating the supervision service mode;

  • Exploring and establishing an administrative management system in line with international investment and trade rule systems; and

  • Cultivating an international and lawful business environment.

Q: Which areas will be further opened up to domestic and foreign investors?
A: The Shanghai FTZ will deepen the opening-up level in the following areas:

  • Financial services;

  • Shipping services;

  • Commercial and trade services;

  • Professional services;

  • Cultural services; and

  • Social services.

Moreover, the Shanghai FTZ will suspend or cancel the entry requirements on investors’ qualifications, as well as restrictions on shareholding proportions and business scope.

Q: Has the Shanghai FTZ rolled out any new measures in terms of foreign investment management?
A: The Shanghai FTZ will implement a “
Negative List” approach towards foreign investment management. Foreign investment projects in the sectors not covered under the negative list only need to go through record-filing procedures.

Q: Has the Shanghai FTZ rolled out any new measures in terms of overseas investment by enterprises in the zone?
A: Overseas investment projects by enterprises in the zone only need to go through record-filing formalities.

Q: Has the Shanghai FTZ rolled out any new measures in terms of industrial and commercial administration?
A: The Shanghai FTZ will implement a capital registration system. Shareholders of enterprises in the zone shall agree upon the contributing amount, forms and period independently, and record such in the company’s articles of association.

The shareholders shall be liable for the authenticity and legality of the capital contribution and are held accountable to the enterprise within the limits of their respective subscribed capital or shares. The industrial and commercial authority will register the registered capital of the company, instead of the paid-in capital.

The zone will also pilot the “license before certificate” registration system. Enterprises in the Shanghai FTZ may commence normal production and operation activities after obtaining the business license. Enterprises engaged in businesses which require administrative approval may file an application with the competent authorities for the approval items after obtaining the business license.

Q: Has the Shanghai FTZ rolled out any new measures in terms of entry and exit supervision?
A: The Shanghai FTZ has rolled out the following entry and exit measures:

  • For goods transferred between the Shanghai FTZ and foreign territories, enterprises in the zone are allowed to deliver such goods to the zone by producing the import manifest information and file for entry record later.

  • For goods transferred between the Shanghai FTZ and domestic regions, an intelligent monitoring mode will be implemented.

  • Enterprises in the zone may decide when to apply for inspection on their own before their goods are transferred outside the zone.

  • The zone will implement a “one declaration, one inspection and one approval” mode.

  • The zone will implement a “centralized reporting and self-transport” approach to promote the flow of goods between enterprises in the zone.

  • The zone will promote a classified supervision mode for goods. Specifically:

      • Goods under bonded storage and processing goods in the zone will be regulated and supervised in accordance with provisions on bonded goods;

      • Goods imported and exported through the port in the zone and international transit goods will be regulated and supervised in accordance with provisions on port goods; and

      • Certain domestic trade goods that enter the zone will be regulated and supervised in accordance with provisions on non-bonded goods.

Q: Has the Shanghai FTZ rolled out any new measures in terms of financial innovation?
A: The Shanghai FTZ  has put forward the following four measures for the financial reform:

RMB Convertibility under Capital Account
Under a controllable risk level, the Shanghai FTZ will implement a trial program of RMB convertibility under the capital account, and innovate business and management modes through separate accounting.

Interest Rate Liberalization
The Shanghai FTZ will cultivate an independent pricing mechanism in line with the development of the real economy, and gradually promote the reform of interest rate liberalization.

RMB Cross-border Usage
Enterprises in the Shanghai FTZ may innovate cross-border RMB businesses based on their actual situation, thereby to facilitate the cross-border usage of RMB.

Foreign Exchange Management
The Shanghai FTZ will set up a foreign exchange management system to facilitate trade investment.

Q: Has the Shanghai FTZ rolled out any new measures in terms of strengthening comprehensive management and services?
A: The Shanghai FTZ has established a “one-off handling” system to simplify the administrative procedures in the zone. For approval of foreign investment projects and enterprises establishment, the industry and commerce authorities in the zone shall accept the application documents submitted by applicants and deliver relevant instruments to such applicants in a unified manner.

Moreover, enterprises in the zone are required to submit annual reports to the industry and commerce authorities. Such reports will be publicized and enterprises will be held liable for the authenticity and legality of the reports.

- See more at: http://www.china-briefing.com/news/2013/10/17/shanghai-govt-issues-qa-on-shanghai-free-trade-zone-administrative-measures.html#sthash.kM3whSEs.dpuf