Wholly foreign-owned international shipping management enterprises allowed in the Shanghai FTZ.
Where an overseas investor has been granted approval to invest in a financial institution in China, it may make this investment in renminbi.
My company is a WFOE and we need to change our legal representative. I have heard this is a difficult process – what advice can you offer on how to accomplish this?
Riquito Advogados
Deacons
Greenberg Traurig
State Council relaxes approval requirements for foreign projects.
The Negative List specifies foreign investment projects that are restricted or prohibited in the Shanghai Pilot Free Trade Zone.
China allows issuance of preference shares.
FIEs required to give an undertaking before allowed establishment.