Global

Details

  • Service: Tax, Global Indirect Tax, International Tax
  • Type: Regulatory update
  • Date: 10/4/2013

China - Initial rules for Shanghai “pilot” free trade zone 

October 4:  The Shanghai government announced management procedures and rules for the “pilot” free trade zone. The guidance is intended to assist with investments made within the free trade zone by foreign investors and outbound investments.

The Shanghai “pilot” free trade zone was officially launched in late September 2013. Read TaxNewsFlash-Asia Pacific: China - Official launch of Shanghai “pilot” free trade zone


Among the recent guidance relating to the Shanghai free trade zone are measures:


  • Providing implementation rules for the free trade zone
  • Including rules for foreign investors making investments in the free trade zone (e.g., required documents)

The guidance also contains a “negative” (or exclusion).


Read an October 2013 report [PDF 407 KB] prepared by the KPMG member firm in China: Pilot Free Trade Zone Series —initial announcements for management procedures within the China (Shanghai) Pilot Free Trade Zone




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