Shanghai Free Trade Zone (SFTZ)
Shanghai Free Trade Zone (SFTZ) is a Free Trade Zone located in Shanghai, Pudong District, China, established in 2013, regulated by the Shanghai Municipal Government (via FTZ Administrative Committee).
Key Facts
| Type | Free Trade Zone |
|---|---|
| Location | Shanghai, Pudong District, China |
| Year Established | 2013 |
| Area | 120.72 hectares |
| Companies | 450 |
| Governing Authority | Shanghai Municipal Government (via FTZ Administrative Committee) |
| Status | active |
Investment Incentives
Simplified customs clearance, duty exemption, emergency arbitration, hybrid mediation/arbitration, lower barriers to summary procedure, cancellation of minimum registration capital requirements, flexible capital contribution for foreign investors, one-stop application processing platform, yuan convertibility, unrestricted foreign currency exchange, tax-free period of 10 years, tax cuts, beneficial policies to attract talent, reduced corporate tax rates
Sector Focus
Shanghai Free Trade Zone (SFTZ) hosts businesses specialising in Finance, Trade, and Technology.
About Shanghai Free Trade Zone (SFTZ)
The China (Shanghai) Pilot Free Trade Zone (SFTZ) was established on September 29, 2013, by the Central Committee of the Communist Party of China. It serves as a testing ground for economic and social reforms, focusing on investment management, trade facilitation, financial services, and government functions. Covering 240.2 square kilometers, it integrates several bonded zones and has expanded to include key financial and industrial areas. The SFTZ aims to create a more flexible business environment and promote China's opening-up.
Frequently Asked Questions
What type of zone is Shanghai Free Trade Zone (SFTZ)?
Shanghai Free Trade Zone (SFTZ) is a Free Trade Zone.
Where is Shanghai Free Trade Zone (SFTZ) located?
Shanghai Free Trade Zone (SFTZ) is located in Shanghai, Pudong District, China.
When was Shanghai Free Trade Zone (SFTZ) established?
Shanghai Free Trade Zone (SFTZ) was established in 2013.
Who regulates Shanghai Free Trade Zone (SFTZ)?
Shanghai Free Trade Zone (SFTZ) is regulated by the Shanghai Municipal Government (via FTZ Administrative Committee).
What sectors operate in Shanghai Free Trade Zone (SFTZ)?
Shanghai Free Trade Zone (SFTZ) hosts businesses in Finance, Trade, and Technology.
What are the investment incentives at Shanghai Free Trade Zone (SFTZ)?
Simplified customs clearance, duty exemption, emergency arbitration, hybrid mediation/arbitration, lower barriers to summary procedure, cancellation of minimum registration capital requirements, flexible capital contribution for foreign investors, one-stop application processing platform, yuan convertibility, unrestricted foreign currency exchange, tax-free period of 10 years, tax cuts, beneficial policies to attract talent, reduced corporate tax rates