Foreign Direct Investment

FIEs now enjoy same property tax rates as domestic companies.

Shanghai offers financial incentives to multinational headquarters.

FIEs required to calculate property taxes in renminbi.

New branches of wholly foreign-owned banks may be exempted from pre-payment of tax.

Hong Kong and Macao investors allowed to be sole owners in the commercial sector.

The Shanghai government has announced a set of incentives to attract more multinational companies to establish their headquarters in the city. By Laura Yuan, King & Wood.

Shanghai offers financial incentives to multinational headquarters.

Hong Kong and Macao investors allowed to set up travel agencies in Guangdong.

Hong Kong and Macao investors allowed to set up out-patient clinics in Guangdong.