Shanghai is located in the Yangtze River Delta. The municipality sits on the southern edge of the estuary of the Yangtze River in the middle portion of the East China coast. It borders the provinces of Jiangsu and Zhejiang to the north, south and west, and is bounded to the east by the East China Sea.
Shanghai is the commercial and financial center of China, and ranks 5th in the 2018 edition of the Global Financial Centres Index (and third most competitive in Asia after Singapore and Hong Kong) published by the Z/Yen Group and Qatar Financial Centre Authority. It also ranks the most expensive city to live in Mainland China, according to the study of Economist Intelligence Unit in 2017. It was the largest and most prosperous city in East Asia during the 1930s, and rapid re-development began in the 1990s. This is exemplified by the Pudong District, a former swampland reclaimed to serve as a pilot area for integrated economic reforms
Zhangjiang Hi-tech Park covers an area of 79.9 square km, with 40 square km of Core Area, 26.88 square km of Kangqiao Industrial Park, 11.78 square km of International Medical Zone and 3.77 square km of Zhoupu Fanrong Industrial Area.
Zhangjiang Hi-tech Park
A number of high-end industries have settled in Zhangjiang, including integrated circuit (IC), bio-pharmaceutical and software service companies, who give great support to new industries, business forms, technology and models. The Core Area also boasts more than 400 research and development institutions, employing more than 50,000 researchers with a master's degree or PhD as well as 12 work stations for 40 professors and academicians.
Information technology (IT): IC, software and information service
The revenue of the IC sector exceeded 50 billion yuan ($ 7.39 billion), accounting for 14 percent of the national total.
The software and information service sector is bolstered by a large group of renowned software companies and R&D institutions from home and abroad.
Bio-pharmaceutical：
The revenue from the bio-pharmaceutical sector is greater than 48 billion yuan, accounting for more than 50 percent of the industry in Shanghai.
Zhangjiang has developed 231 new drugs and acquired 251 certificates.
Culture and Creativity Industry: digital publishing, online games, new media, digital education, animation and post-production.
Low-carbon and New Energy: clean energy, new material and environmental protection.
Kangqiao Industrial Park
Located in central Pudong, Kangqiao Industrial Park covers a planned area of 26.88 square kilometers. More than 30 Fortune 500 companies have set up headquarters or R&D centers in the park, which bases its economy on two leading sectors, electronic information and auto parts.
Producer service and a series of strategic emerging sectors such as IoT and biopharmaceuticals have seen rapid development.
Kangqiao plans to upgrade its smart manufacturing and automobile electronics industries.
International Medical Zone
The International Medical Zone aims to become a high-caliber health service platform and a center of hi-tech medical devices and bio-pharmaceuticals. It is building a “medical community” consisting of international hospitals, rehabilitation centers and medical schools.
To facilitate people who want to set up company to invest Shanghai Zhangjiang Hi-tech Park, here is an introduction of Types of business presence in China:
Before starting up a business in China, you have to know what are the options. Foreign Investors generally establish a business presence in China in one of five modes: Wholly Foreign Owned Enterprise(WFOE); Representative Office; Foreign Invested Partnership Enterprises (FIPE); Joint Venture and Hong Kong Holding Company.
Wholly Foreign Owned Enterprise(WFOE) is a Limited liability company wholly owned by the foreign investor. WFOE requires no registered capital and it's liability of equity , can generate income, pay tax in China and it's profit could be repatriate back to investor's home country. Any enterprise in China which is 100 percent owned by a foreign company or companies can be called as WFOE.
Representative Office (RO) is a Liaison Office of it's parent company. It requires no registered capital. It's activities would be: product or service promotion, market research of it's parent company's business, Quality Control liaison office etc in China. RO generally is prohibited to generate any revenue nor generating contracts with local businesses in China.
Joint Venture (JV) is aLimited liability company formed between Chinese investor and Foreign investor. The parties agree to create a entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. JV usually been used by foreign investor to engage the so called restricted in areas such like: Education, Mining, Hospital etc.
Since March 1, 2010: Measuresof Establishment of Foreign Invested Partnership Enterprises (FIPE) in China istaking effect. The regulation, which take effect since March 1, 2010, are known as the Administrative Measures for the Establishment of Partnership Enterprise in China by Foreign Enterprises or Individuals. There's no required minimum registered capital for a Foreign Invested Partnership Enterprise (FIPE) in Shanghai, Beijing, Shanghai, Shenzhen, Hangzhou and rest cities of China
Hong Kong Company usually been used as a Special Purpose vehicle (SPV) to invest Mainland China. Hong Kong is one of the quickest locations to Incorporate a business. Although a HK company is not a legal entity in Mainland China (Mainland China and Hong Kong, See Wiki 1 country, 2 systems), lots foreign investors, especially investors from Europe and North America still chose to setting up a Hong Kong company as SPV to invest China.
After China's entry to WTO, most industries in China welcome foreign investment, WFOE setting up inChina becomes the first option of foreign investment's entity structures instead of Rep.Office setting up in China. At the mean time, for tax purpose, effective licensing system etc more and more investors use Hong Kong as the holding company to invest China mainland, using this offshore company to hold their operations in China.
Business set-up in Shanghai is a big project by itself, which requires financial and time commitments, business management knowledge and China expertise. Identifying a competent agent to manage the complex process will be a cost and time effective way to avoid potential pitfalls . Tommy China Business Consulting has direct connections in the local government
Since 2006, TCBC has been focusing on consulting services for our clients to invest in Shanghai China. We are specialized in establishment of wholly foreign owned enterprises (WFOEs), setting up of offshore companies, trading services, tax minimization, Assist in obtaining government approvals and certificates for running business, negotiate and draft various legal documents provide legal advice, negotiate government officer for Land acquisition. Advising on formation of WOFE and business structures, managing and controlling WOFE in Shanghai China, drafting privacy policies and structuring commercial transactions
TCBC will manage all aspects of incorporation to get you a business license in Shanghai China. We offer a range of company formation services including helping you to set up:
Contact Tom Lee to set up company to invest Shanghai Zhangjiang Hi-tech Park,
Zhangjiang Hi-tech Park covers an area of 79.9 square km, with 40 square km of Core Area, 26.88 square km of Kangqiao Industrial Park, 11.78 square km of International Medical Zone and 3.77 square km of Zhoupu Fanrong Industrial Area.
Zhangjiang Hi-tech Park
A number of high-end industries have settled in Zhangjiang, including integrated circuit (IC), bio-pharmaceutical and software service companies, who give great support to new industries, business forms, technology and models. The Core Area also boasts more than 400 research and development institutions, employing more than 50,000 researchers with a master's degree or PhD as well as 12 work stations for 40 professors and academicians.
Information technology (IT): IC, software and information service
The revenue of the IC sector exceeded 50 billion yuan ($ 7.39 billion), accounting for 14 percent of the national total.
The software and information service sector is bolstered by a large group of renowned software companies and R&D institutions from home and abroad.
Bio-pharmaceutical：
The revenue from the bio-pharmaceutical sector is greater than 48 billion yuan, accounting for more than 50 percent of the industry in Shanghai.
Zhangjiang has developed 231 new drugs and acquired 251 certificates.
Culture and Creativity Industry: digital publishing, online games, new media, digital education, animation and post-production.
Low-carbon and New Energy: clean energy, new material and environmental protection.
Kangqiao Industrial Park
Located in central Pudong, Kangqiao Industrial Park covers a planned area of 26.88 square kilometers. More than 30 Fortune 500 companies have set up headquarters or R&D centers in the park, which bases its economy on two leading sectors, electronic information and auto parts.
Producer service and a series of strategic emerging sectors such as IoT and biopharmaceuticals have seen rapid development.
Kangqiao plans to upgrade its smart manufacturing and automobile electronics industries.
International Medical Zone
The International Medical Zone aims to become a high-caliber health service platform and a center of hi-tech medical devices and bio-pharmaceuticals. It is building a “medical community” consisting of international hospitals, rehabilitation centers and medical schools.
To facilitate people who want to set up company to invest Shanghai Zhangjiang Hi-tech Park, here is an introduction of Types of business presence in China:
Before starting up a business in China, you have to know what are the options. Foreign Investors generally establish a business presence in China in one of five modes: Wholly Foreign Owned Enterprise(WFOE); Representative Office; Foreign Invested Partnership Enterprises (FIPE); Joint Venture and Hong Kong Holding Company.
Wholly Foreign Owned Enterprise(WFOE) is a Limited liability company wholly owned by the foreign investor. WFOE requires no registered capital and it's liability of equity , can generate income, pay tax in China and it's profit could be repatriate back to investor's home country. Any enterprise in China which is 100 percent owned by a foreign company or companies can be called as WFOE.
Representative Office (RO) is a Liaison Office of it's parent company. It requires no registered capital. It's activities would be: product or service promotion, market research of it's parent company's business, Quality Control liaison office etc in China. RO generally is prohibited to generate any revenue nor generating contracts with local businesses in China.
Joint Venture (JV) is aLimited liability company formed between Chinese investor and Foreign investor. The parties agree to create a entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. JV usually been used by foreign investor to engage the so called restricted in areas such like: Education, Mining, Hospital etc.
Since March 1, 2010: Measuresof Establishment of Foreign Invested Partnership Enterprises (FIPE) in China istaking effect. The regulation, which take effect since March 1, 2010, are known as the Administrative Measures for the Establishment of Partnership Enterprise in China by Foreign Enterprises or Individuals. There's no required minimum registered capital for a Foreign Invested Partnership Enterprise (FIPE) in Shanghai, Beijing, Shanghai, Shenzhen, Hangzhou and rest cities of China
Hong Kong Company usually been used as a Special Purpose vehicle (SPV) to invest Mainland China. Hong Kong is one of the quickest locations to Incorporate a business. Although a HK company is not a legal entity in Mainland China (Mainland China and Hong Kong, See Wiki 1 country, 2 systems), lots foreign investors, especially investors from Europe and North America still chose to setting up a Hong Kong company as SPV to invest China.
After China's entry to WTO, most industries in China welcome foreign investment, WFOE setting up inChina becomes the first option of foreign investment's entity structures instead of Rep.Office setting up in China. At the mean time, for tax purpose, effective licensing system etc more and more investors use Hong Kong as the holding company to invest China mainland, using this offshore company to hold their operations in China.
Business set-up in Shanghai is a big project by itself, which requires financial and time commitments, business management knowledge and China expertise. Identifying a competent agent to manage the complex process will be a cost and time effective way to avoid potential pitfalls . Tommy China Business Consulting has direct connections in the local government
Since 2006, TCBC has been focusing on consulting services for our clients to invest in Shanghai China. We are specialized in establishment of wholly foreign owned enterprises (WFOEs), setting up of offshore companies, trading services, tax minimization, Assist in obtaining government approvals and certificates for running business, negotiate and draft various legal documents provide legal advice, negotiate government officer for Land acquisition. Advising on formation of WOFE and business structures, managing and controlling WOFE in Shanghai China, drafting privacy policies and structuring commercial transactions
TCBC will manage all aspects of incorporation to get you a business license in Shanghai China. We offer a range of company formation services including helping you to set up:
-Wholly Foreign Owned Enterprises (WFOE )
-Joint Ventures (Equity/Co-operative)
-Foreign Invested Partnership Enterprises (FIPE)
Contact Tom Lee to set up company to invest Shanghai Zhangjiang Hi-tech Park,
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