• SHANGHAI ENCOURAGES MNCS TO SET UP RHQS
Definition of RHQ
HQ refers to the sole institution in which the parent company incorporated abroad has set up to perform the management and service functions for enterprises in more than one country and region in the form of investment or authorization.
Criteria for the Recognition of RHQ
WHO
By the end of 2024.12, 1016 regional headquarters of multinational corporations were established in Shanghai. Notably, the number of headquarters present in Shanghai remained ahead of the whole of China.
Why you shall have a RHQ in Shanghai?
Simplify Immigration Procedures
Chinese employee:
  • Chinese employee: can apply APEC business travel card. It provides convenience for business trip.
Foreign employee:
  • Temporary entry can be applied for no more than 1 years, and with no more than 180 days stay. Temporary entry to Shanghai, Visa application can be applied at entry ports if his time is pushed.
  • Senior executives such as legal representatives will be given priority to the application for permanent residence permit for foreigners.
  • Providing senior executives such as legal representatives a green channel of application for medical certificate.
Optimize the Management of Funds
  • RHQ may establish centralized internal fund management systems to centrally manage their own funds.
  • Supports RHQ(investment companies) to establish financial clearing company in shanghai.
  • Encourage RHQ to exercises the business of cross-border RMB.
  • To provide a green channel for non-trade contract operations.
  • It supports the establishment of a FT bank-account and handles cross-border payments and domestic RMB receipts and payments in accordance with the principle of convertibility.
Facilitate Customs Clearance
  • Trade facilitation, innovation supervision system and mode, enhance the efficiency of customs clearance, and provide convenience for customs clearance of import and export goods.
  • Bonded logistics centers and distribution centers carry out logistics integration and take convenient supervision measures.
Promoting the Introduction of Talents
Domestic talents:
  • in accordance with the relevant conditions, can apply the city's household registration.
Foreign talents:
  • It is convenient to work in Shanghai and apply for relevant documents. Talents with undergraduate (bachelor) or higher degree or any exceptional capability who used to study abroad and have the foreign nationality, talents with the experience of studying abroad, holding the Chinese passport, having permanent (long-term) residence in foreign country and no permanent household registration in China and other professional talents, or talents from Hong Kong, Macau Special Administrative Region or Taiwan, employed with regional headquarters or organizations acting as headquarters may apply for Shanghai Residence Permit (Type B) according to the regulation. The spouse or children under the age of 18 or any child studying in senior high school of the abovementioned talent can also apply for the residence permit of accompanying family members.
Enjoy Financial Support
Contact us
Shanghai Municipal Commission of Commerce,Foreign Investment Management office
Amber Cong
Email:congy@scofcom.com
Phone: 8621-23110727,8618018880230