Regulations to help Guangdong trade exporters

September 10, 2008 | BY

clpstaff &clp articles

The Guangdong local government issued a new regulation on August 5 in a bid to ease the legal procedures for those processing trade exporters interested…

The Guangdong local government issued a new regulation on August 5 in a bid to ease the legal procedures for those processing trade exporters interested in selling products in the mainland.

Processing trade exporters can only sell their products in the mainland after they become a foreign invested enterprise (FIE), a procedure that requires a six-month freeze of operations while the process is completed.

Operational Guidelines for the Transformation without Ceasing Production at the Original Place of Enterprises that Process Supplied Materials now allows processing trade exporters to become FIEs in less than six months.

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