How did the Shanghai FTZ lower its threshold for foreign advertising companies?
en.china-shftz.gov.cn Updated: 2018-08-24
A: Investors are no longer required to show qualification and business performance when setting up companies in the zone and the term of operation is also not required. Foreign advertising companies are no longer required to pay their registered capital in one lump sum and have an annual turnover of no less than 20 million yuan.