Shanghai Municipal Government Released the Incentive Scheme for the Establishment of Regional Headquarters
Shanghai Municipal Government Released...
China Tax Alert - Issue 9, March 2017
The modified version of the Incentive Scheme for the Establishment of Regional Headquarters by Multinational Companies in Shanghai (Hufufa [2017] No. 9) was issued by the Shanghai Municipal Government on 27 January 2017, which took effect on 1 February 2017 and will expire on 31 January 2022. Hufufa [2017] No. 9 basically follows the logical sequence and concepts adopted in the previous version, with adjustments to and simplification of certain requirements, and integrates a series of later incentives and policies developed at the state and regional level.
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