Another multinational company's regional headquarters has landed! At the end of the 14th Five Year Plan period, Qingpu will gather no less than 50 headquarters at or above the city level, including Italy's Oufei Filter Group | Qingpu | Region
Recently, Jin Junfeng, Deputy District Mayor of Qingpu District, led a delegation to the headquarters of Italy's Oufei Filter Group for investment investigation. After visiting the R&D center of Oufei Filter Group and learning about the company's technological research and development achievements, Qingpu Industrial Park and Oufei Filter Group signed a regional headquarters landing agreement. As of now, Qingpu has been approved for a total of 9 regional headquarters of multinational corporations and 11 foreign-funded research and development centers.
Oufei Filter Group is a globally renowned supplier of filtration systems. The CEO of the group, Faccini, stated that as early as 1996, the group had established Shanghai Sophima Automotive Filter Co., Ltd. in Qingpu Industrial Park, and in 2004, it also established Oufei Filter Co., Ltd. in Qingpu Industrial Park, which is a model of successful development for Italian enterprises in Qingpu. After more than 20 years of development, Oufei Filter Group plans to establish a multinational regional headquarters in Qingpu.
According to the "Regulations on Encouraging Multinational Companies to Establish Regional Headquarters in Shanghai", the so-called "Regional Headquarters of Multinational Companies" refers to the sole headquarters established by the parent company registered overseas in this city, which performs investment, management, and service functions within a country or region in the form of investment or authorized management. The application for recognition of the regional headquarters of a multinational corporation must meet certain conditions, such as being a foreign-invested enterprise with independent legal personality; The overseas parent company directly or indirectly holds no less than 50% of the shares, and the total assets of the parent company are no less than 200 million US dollars; The registered capital shall not be less than 2 million US dollars, etc.
![Another multinational company's regional headquarters has landed! At the end of the 14th Five Year Plan period, Qingpu will gather no less than 50 headquarters at or above the city level, including Italy's Oufei Filter Group | Qingpu | Region](https://a5qu.com/upload/images/d086175a6b189363511fafed5883f03d.jpg)
Headquarters enterprises can obtain convenience in trade facilitation, technological innovation support, commercial registration, talent introduction, intellectual property protection, and other aspects. For example, the "Regulations on Encouraging Multinational Companies to Establish Regional Headquarters in Shanghai" clearly stipulate that headquarters enterprises engaged in new international trade with real trade backgrounds can directly handle relevant foreign exchange receipts and payments procedures in banks, and banks can provide convenient cross-border financial services. Qualified headquarters enterprises can apply to be included in the "whitelist" of offshore trade. The headquarters enterprises can apply for registered residence in this city if they meet the relevant conditions to hire the urgently needed overseas returnees, and can enjoy additional points and relevant treatment if they hire qualified overseas talents to apply for Shanghai Overseas Talents Residence Permit. Those who introduce domestic talents can apply for registered residence in this city if they meet relevant conditions.
Qingpu has always attached great importance to the development of an open headquarters economy. According to the Implementation Measures for Promoting the Development of Headquarters Economy in Qingpu District, Qingpu provides start-up subsidies, housing purchase subsidies, operation rewards, merger and acquisition rewards, talent rewards, etc. for newly introduced and recognized headquarters economy projects, and provides up to 27 million yuan of support to regional headquarters of multinational corporations. For example, in terms of start-up funding, Qingpu can provide start-up funding of 5 million yuan to regional headquarters of multinational corporations established in the form of investment companies that have been recognized; For example, in terms of operational rewards, Qingpu will give a one-time reward of 5 million yuan to the regional headquarters of multinational companies with an annual turnover of 500 million yuan but less than 1 billion yuan, and a one-time reward of 3 million yuan for the annual turnover of 1 billion yuan and less than 1.5 billion yuan.
The relevant person in charge of Qingpu Industrial Park told reporters that Qingpu Industrial Park will take the initiative to provide nanny style and butler style services, fully coordinate projects, and follow up on project implementation throughout the process. "We will take the landing of our headquarters' enterprises as an opportunity to further increase our tracking and visits to enterprises, attract related enterprises, and ensure smooth circulation of the upstream and downstream industrial chains in the park."
![Another multinational company's regional headquarters has landed! At the end of the 14th Five Year Plan period, Qingpu will gather no less than 50 headquarters at or above the city level, including Italy's Oufei Filter Group | Qingpu | Region](https://a5qu.com/upload/images/ba9aca13713561e6428e69b0267cfa56.jpg)
After setting up its regional headquarters in Qingpu, OFI Filter Group will further enhance its functions in investment, settlement, research and development. The relevant person in charge of Qingpu District stated that Qingpu will accelerate the development of a headquarters based economy and strive to gather no less than 50 city level and above headquarters by the end of the 14th Five Year Plan. "The 6th CIIE will be held at the National Convention and Exhibition Center in November this year. Multinational companies are welcome to actively participate in the CIIE, explore the Chinese market, and carry out two-way exchanges."