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Shanghai continues encouraging headquarter enterprises of multinational companies

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On October 28, 2022, the People’s Government of Shanghai Municipality released a Notice on Issuing the Revised Provisions on Encouraging Multinational Companies to Establish Regional Headquarters in Shanghai Municipality (Hu Fu Gui [2022] No. 17) ("2022 RHQ Provisions"). The 2022 RHQ Provisions took effect on November 1, 2022 and simultaneously abolished the previous 2019 version of the RHQ provisions. Please find an overview of the most important changes in the 2022 RHQ Provisions compared to its previous version ...

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Provided by CNBW member
CMS China - Law -Tax- Future
https://cms.law/en/chn/office/shanghai