Ministry of Transport, Circular on Strengthening the Examination, Approval and Administration of Wholly Foreign-owned Shipping Companies
交通运输部关于加强外商独资船务公司审批管理工作的通知
Foreign shipping firms allowed to set up WFOEs in China.
Issue: November 2011
CLP Reference: 4500/11.08.15
PRC Reference: 交水发 [2011] 440号
Promulgated: 15 August 2011
Keywords (click to search):
wholly foreign-owned shipping companies
foreign shipping companies
examination and approval
Issued: August 15 2011
Main contents: The Circular relaxed the criteria for market entry and business scope of wholly foreign-owned shipping companies (WFOSCs). Foreign shipping companies may now directly invest in...
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