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Legal update

Shanghai Pudong Unveils Policies to Support Enterprises Going Global

Pubdate:2025.04.30 Source: Hit:3

On April 11, 2025, the Pudong New Area Action Plan for Supporting Enterprises Going Global (the “Plan”) was published on the Shanghai Municipal People’s Government website, which specifies 16 major tasks. The Plan took effect on the same day.

 

The Plan outlines the implementation of a package of “going global” public service policies, providing full-process public services in overseas investment, cross-border finance, cross-border taxation, and overseas security for enterprises throughout the pre-outbound, outbound, and post-outbound stages. It offers a set of “going global” country-and-region-specific guides, “going global” tax guidelines, and foreign exchange business guidelines for capital projects to address information asymmetry issues during overseas expansion. The Plan also commits to providing efficient administrative services for outbound investment, diversified financing support for global operations, enhanced convenience in cross-border capital facilitation for enterprises going global, and eligibility for relevant headquarters policies for enterprises expanding abroad.