(1)Chinese legal services
Typically, when investing in legal services in China:
Investment in Chinese legal services shall be prohibited (with the exception of providing information regarding the environmental impact of Chinese laws). No foreign investor may become a partner in a Chinese law firm.
When investing in Chinese legal services in China's free trade pilot zones:
Investment in Chinese legal services shall be prohibited (with the exception of providing information regarding the environmental impact of Chinese laws). No foreign investor may become a partner in a Chinese law firm. (Foreign law firms may only enter China in the form of representative offices and may not employ practicing lawyers who are Chinese citizens. The auxiliary staff employed by the representative office may not provide clients with legal services. The establishment of a representative office in China or representatives must win appoval from China's judicial administration authorities. )
Beijing's access policies are even more preferential:
Well-known overseas arbitration and dispute settlement institutions may establish service agencies in designated areas of Beijing following registration with Beijing's Municipal Judicial Administration and filing with the Ministry of Justice. They may provide arbitration services for civil and commercial disputes arising in international commercial affairs, investment, and other fields. They may also provide support and guarantee the application and execution of provisional measures such as property preservation, evidence preservation and conduct preservation by Chinese and foreign clients before and during arbitration and in accordance with the law.
Beijing will further explore approaches and mechanisms capable of facilitating closer business cooperation between Chinese law firms and those abroad, as well as in Hong Kong, Macao, and Taiwan. In a pilot program allowing Chinese law firms to hire foreign lawyers as legal advisers, the qualification requirements that foreign lawyers must have worked as lawyers outside China for at least three years will be lowered as needed.
Be based on
1.Special Administrative Measures(Negative List) for Foreign Investment Access (2021 Edition) Notes
2.Special Administrative Measures (Negative List) for Foreign Investment Access in Pilot Free Treade Zones (2021Edition)
(2)Market Research
Typically, when investing in market research in China:
Market research shall be limited to joint ventures, and radio and television ratings surveys must be controlled by Chinese investors.
Beijing's access policies are even more preferential:
Beijing allows the establishment of foreign-invested credit investigation companies (to be piloted by Hong Kong and Macao service providers).
Be based on
1.Special Administrative Measures(Negative List) for Foreign Investment Access (2021 Edition) Notes
2.Special Administrative Measures (Negative List) for Foreign Investment Access in Pilot Free Treade Zones (2021Edition)
(3)Social surveys
Typically, when investing in social surveys in China:
Investment in social surveys shall be prohibited.
Be based on
1.Special Administrative Measures(Negative List) for Foreign Investment Access (2021 Edition) Notes
2.Special Administrative Measures (Negative List) for Foreign Investment Access in Pilot Free Treade Zones (2021Edition)
(4)Other services
Typically, when investing in leasing and business services in China:
In the negative list, there are no special requirements on other businesses in the leasing and business services industry.
Beijing's access policies are even more preferential:
Beijing intends to carry out a pilot project for the establishment of permanent representative offices for foreign patent agencies.
Priority shall be placed upon allowing multinational companies to set up wholly foreign-owned finance companies in Beijing.
Beijing intends to ease application requirements for foreigners seeking to establish investment companies. The minimum total assets requirement for a foreign investor in the year prior to application shall be reduced to USD 200 million, and the requirement on the number of foreign-invested enterprises established by foreign investors in China will be cancelled.
Requirements on the proportion of foreign technicians employed in foreign-invested construction and engineering design enterprises shall be removed. Engineering design performance requirements for investors applying for first-time accreditation shall be abolished for foreign-funded engineering design enterprises (with the exception of engineering survey enterprises) providing services to Beijing within the region.
Beijing intends to further loosen restrictions on the proportion of foreign investment in talent intermediary service agencies jointly established by Chinese and foreign investors in Zhongguancun. The requirement for Chinese and foreign investors to have operated as a talent intermediary service agency for at least three years has been abolished. Foreign investors shall be allowed to directly take a stake in established Chinese talent intermediary service agencies.
Professionals from Hong Kong and Macao who have obtained the qualification of Chinese certified public accountants shall be allowed to serve as partners in accounting firms.
Be based on
1.Special Administrative Measures(Negative List) for Foreign Investment Access (2021 Edition) Notes
2.Special Administrative Measures (Negative List) for Foreign Investment Access in Pilot Free Treade Zones (2021Edition)