Shanghai Foreign Investment Filing: Why U.S. Founders Need Local Counsel
Shanghai Foreign Investment Filing: What Changed for U.S. Founders in 2024 If you are a United States entrepreneur looking at Shanghai for your China entry point, you have probably heard that foreign investment filing (外商投资备案) is “just a formality” now. People say the old approval system is gone, replaced by a simpler filing process under the Foreign Investment Law (外商投资法) that took effect in 2020. And on paper, that is true. The Negative List (市场准入负面清单) has shrunk. Most sectors no longer need pre-approval. You file, you get a stamp, you move on. ...