MOFTEC Delivers: Foreign Majority Ownership Permitted in International Freight Forwarding Companies

Under new MOFTEC rules, foreign operators can now hold up to 75% ownership in international freight forwarding agency companies in China. The key question for such foreign operators is: how to best structure their operations so as to be in a position to take full advantage when wholly foreign-owned enterprises become available in less than three years' time?

4 minute readJanuary 31, 2003 at 11:58 PM
By
clpstaff
& clp articles

On December 11 2002 the Ministry of Foreign Trade and Economic Cooperation (MOFTEC) issued theAdministration of Foreign-invested International Freight Forwarding Agencies Provisions (the New Provisions). The New Provisions became

A Subscription is Required to Access this Content

Subscribe to China Law & Practice today for:

  • ✓ A database of 3000+ essential documents, including key PRC laws translated into English
  • ✓ Newsletters with business-critical and sector-specific updates
  • ✓ Premium mobile access with timely analysis on China's fast-changing market

Already a Subscriber? Log In. Sign In Now

Questions? Contact us at [email protected] | 1-855-808-4530 (Americas) | 44(0) 800 098 386009 (UK & Europe)