Shanghai Municipality, Provisions on Encouraging the Establishment of Regional Headquarters by Multinational Corporations (Revised)

上海市鼓励跨国公司设立地区总部的规定 (修订)

May 23, 2017 | BY

Susan Mok

Shanghai recognizes headquarters-like organizations.

Clp Reference: 2300/17.01.27 Promulgated: 2017-01-27

Issued: January 27 2017

Main contents: The Provisions place headquarters-like organizations within the scope of application of the policies. The parent of such an organization is required to have total assets of not less than US$200 million, and have invested in and established not less than two foreign-invested enterprises in China, at least one of which is registered in Shanghai. The Provisions abolish the requirements in respect of the corporate form and scope of business of the regional headquarters of multinational corporations.

Repealed legislation: Implementing Opinions on the <Shanghai Municipality, Provisions on Encouraging the Establishment of Regional Headquarters by Multinational Corporations> and Supplementary Provisions for the Implementing Opinions on the Provisions on Encouraging the Establishment of Regional Headquarters by Multinational Corporations

clp reference:2300/17.01.27/SH issued:2017-01-27

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