How to register a company in Shanghai Free Trade Zone? What are the benefits?

The Shanghai Free Trade Zone has always been a hot spot for registration. For first-time entrepreneurs, they do not know much about companies registered in Shanghai and cannot independently complete company registration. It is unclear how to register a company in the Shanghai Free Trade Zone. Today, I have compiled relevant experience references on how to register companies in Shanghai Free Trade Zone. Let's have a look!

Registration Process of Registered Companies in Shanghai Free Trade Zone

1. Determine the registered address;

2. Company name inquiry;

3. Interview with the Company's legal representative;

4. Prepare all registration materials;

5. Formally submit materials to the tax bureau for acceptance;

6. Engrave the official seal.

Procedures for registration of foreign companies in Shanghai Free Trade Zone

1. Determine the address of the registered company;

2. Company name inquiry;

3. Go to the Foreign Economic Commission for relevant filing;

4. Prepare all materials;

5. Formally submit materials to the tax bureau for acceptance;

6. Engraving the official seal;

7. Opening a bank account;

Advantages of registered companies in Shanghai Free Trade Zone:

1. High degree of business freedom: companies registered in the Free Trade Zone can operate any business that is not restricted by law, which is very free.

2. Wide trade freedom: simply speaking, it is the relevant tax exemption policy. Goods can be imported and stored freely between overseas and free trade zones, and can be exempted from customs duties and inspection.

3. Free currency circulation: interest rate marketization, free exchange rate, financial opening to the outside world, offshore financial business, etc. At present, many large enterprises in the mainland choose to register in the Free Trade Zone.