Ministry of Transport, Circular on Strengthening the Examination, Approval and Administration of Wholly Foreign-owned Shipping Companies

交通运输部关于加强外商独资船务公司审批管理工作的通知

Foreign shipping firms allowed to set up WFOEs in China.

1 minute readNovember 08, 2011 at 11:58 PM

clpstaff

& clp articles

Issued: August 15 2011

Main contents: The Circular relaxed the criteria for market entry and business scope of wholly foreign-owned shipping companies (WFOSCs). Foreign shipping companies may now directly invest in the establishment of WFOSCs in China as necessary without first being required to establish resident representative offices

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)