What is the legal process for registering a company in the Shanghai Free Trade Zone?

Registering a company in the Shanghai Free Trade Zone requires adherence to the regulations and frameworks set by the China Business Ventures Law. This law outlines the requirements and procedures to be followed in order to establish a successful business venture in China. The first step is to register a business entity in the Shanghai Free Trade Zone with the local Registration Office and receive the Enterprise Registration Intent Certificate. This certificate should be submitted to the Business Administrative Department of the Shanghai Free Trade Zone as proof of intent to run a business in the area. The Business Administrative Department should provide information on the regulations and procedures necessary including the application for a company registration. The application must include the company name, legal address, scope of business, and shareholder structure of the proposed company. The company will then be inspected by the Business Administrative Department which includes a review of the business structure, registration documents, and the proposed business scope. Following the review, the Enterprise Registration Certificate is issued and the company is officially registered in the Shanghai Free Trade Zone. Finally, the company must apply to the relevant units for the relevant business licenses and permits in order to conduct business operations in the Free Trade Zone. Once all these steps are completed, the business is legally registered and may legally conduct business operations in the Shanghai Free Trade Zone.

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