Chinese individuals become shareholders of Pudong FIEs

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Jin Mao PRC LawyersHenry Mao and Lawrence [email protected]; [email protected] May 2010, the Pudong New District Branch of the Company…

Jin Mao PRC Lawyers
Henry Mao and Lawrence Ho
[email protected]; [email protected]


In May 2010, the Pudong New District Branch of the Company Registry of Shanghai issued a business licence to Shanghai China-Green Environmental Protection Technology (上海中绿环保科技有限公司). This was the first China-foreign joint venture established by Chinese individuals in Shanghai, and marked a relaxation of the prohibition on the direct incorporation of foreign invested enterprises (the FIEs) by domestic residents in the PRC.

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