Q&A · 实务问答

Ten questions foreign companies ask first — conclusion first, then the basis

Delta Law FDI DeskLast reviewed 最后核校:2026-07

Arranged by where you are in the decision: still deciding, visiting, operating, or getting money out. Every answer opens with the conclusion; the governing rules are cited in the linked guides. 按决策阶段编排,每个答案第一句即结论,法律依据见对应指南页。

Deciding & entering 决策与进入

BEFORE YOU COMMIT
Q1 · Do I need a Chinese partner to set up a company in China?

In most sectors, no. If your business is not on the negative list, you receive national treatment and can generally establish a 100%-owned WFOE. A partner is legally required only in listed restricted sectors — and commercially sensible only where the partner genuinely contributes licences, channels or land. Screen your concrete business scope against the current list edition first. Details: Market Entry.

中文对照
多数行业不需要。负面清单之外享国民待遇,一般可设立100%持股的外商独资公司;仅清单内受限行业须中方合作方。先以现行清单核对具体经营范围。
Q2 · How long does it take to set up a WFOE in Shanghai?

Registration itself is weeks once documents are ready; the honest end-to-end answer is set by preparation (apostilled corporate documents, a registered address) and the post-registration tail (chops, bank account, tax setup, licences) — bank onboarding and legalisation are the usual long poles. We provide a dated checklist per project rather than a universal number. Details: Market Entry.

中文对照
登记本身以周计;整体周期取决于文件认证、地址与银行开户、税务及许可等前后端环节,逐项目出带日期的清单而非报一个通用数字。
Q3 · How much registered capital do I need?

No general statutory minimum — but under the 2023 Company Law, subscribed capital must generally be paid in within five years. Subscribe what the business plan needs: too little forces repeated increases, too much creates a funding obligation you never intended. Banks and visa officers read the number as a seriousness signal. Details: Market Entry.

中文对照
原则上无法定最低额,但新公司法要求认缴出资五年内缴足;按实际经营需要设定,过低反复增资、过高形成实缴负担。

Visiting & the Hub 来访与东方枢纽

PEOPLE FIRST
Q4 · Can I enter the Oriental Hub zone at Pudong Airport without a Chinese visa?

Under the announced framework, yes — with an invitation: invited overseas businesspeople enter on a valid travel document plus a business invitation vetted in advance, staying up to 30 days per entry, extendable per zone rules. The waiver works at the zone boundary only; going beyond the zone needs ordinary immigration status. The zone is in trial operation and procedures evolve — confirm the current requirements before travelling. Details: Oriental Hub Entry Guide.

中文对照
按已公布框架:受邀境外人员凭有效旅行证件+经审核商务邀请免签入区,单次最长30天可延期;免签效力限于区内,出区须持通常证件。规则滚动完善,行前以最新公告为准。
Q5 · Can my staff work in China on a business visa?

No. Employment requires a work permit and work-type residence permit; an M-visa worker is illegally employed, exposing both the individual and the company. Short-term business activities (meetings, training attendance) are a different category — which is exactly the niche the Hub's visa-free channel serves, inside the zone. Details: Employment.

中文对照
不可以。就业须工作许可+工作类居留许可,持M签工作属非法就业;短期商务活动是另一范畴,东方枢纽免签通道服务的正是区内此类活动。

Operating 经营中

DAY TO DAY
Q6 · Should our contract choose Chinese law or foreign law? Court or arbitration?

Foreign law is available only for genuinely foreign-related contracts; your subsidiary's contracts with Chinese customers are domestic and take PRC law. Cross-border deals usually default to arbitration because awards travel under the New York Convention while foreign judgments depend on treaties and reciprocity. A PRC arbitration clause must name a specific institution. Decide at signing. Details: Dispute Resolution.

中文对照
仅涉外合同可选外国法;跨境交易通常默认仲裁(纽约公约执行网络),境内仲裁条款须写明具体机构;管辖在签约时定。
Q7 · Someone registered our trademark in China before us. What now?

Not necessarily lost, but expensive: bad-faith registrations can be opposed or invalidated, prior-use defences are narrow, and negotiated buy-backs are common. Every route costs multiples of what filing first would have. File core classes plus a Chinese-character mark before entering, exhibiting or announcing. Details: Contracts & IP.

中文对照
恶意抢注可异议或无效宣告,在先使用抗辩范围有限,协商回购常见;任何救济成本都远高于先申请。进入市场前先注册(含中文商标)。
Q8 · What annual compliance does a foreign-invested company have in China?

The core calendar: AMR annual report with the foreign-investment information report (generally 1 Jan–30 Jun), CIT reconciliation (generally by 31 May), statutory audit in practice, monthly IIT and social-insurance filings, licence renewals — plus ongoing PIPL data compliance including cross-border transfers to headquarters. Missing the annual report lands the company on the irregular-operations list. Details: Governance & Compliance.

中文对照
核心日历:市场监管年报(含外商投资信息报告,1–6月)、汇算清缴(至5月31日)、年度审计、月度个税与社保、许可续期,另有个保法数据合规与数据出境义务。

Money & exit 资金与退出

THE WAY OUT
Q9 · Can I really get my profits out of China?

Yes — through defined channels with paperwork discipline. Dividends flow from audited after-tax profits (10% withholding; 5% under some treaties with real beneficial ownership); service fees and royalties move funds against genuine services and licensed IP under transfer-pricing scrutiny; banks check the documents before remitting. Failed repatriations usually failed years earlier in the file. Details: Profit Repatriation.

中文对照
可以——走法定通道并保持文件纪律:股息(10%代扣、符合条件按协定5%)、服务费与特许权使用费(真实交易+转让定价合规),银行凭单证放行。
Q10 · How do I close a company in China if the business doesn't work out?

Sell the equity (faster — the company survives) or liquidate voluntarily (complete — creditor process, employee severance, tax deregistration setting the timetable, then final deregistration and remittance). Simplified deregistration exists for clean companies. Never simply walk away: abandonment leads to blacklists with personal consequences for the legal representative and directors. Details: Exit & Liquidation.

中文对照
两条正路:股权转让或自愿清算(税务注销定节奏);干净公司可简易注销。切勿弃置——会进入黑名单并波及法定代表人与董事个人。

Your question not here? Ask us directly — email contact@middlapartners.com or call +86 21-8012-0918; the FDI Desk responds on working days. 问题不在列表里?直接来信,工作日回复。

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