What are the requirements and procedures for an accounting firm to set up a branch in the FTZ?
A: The accounting firm should be a partnership or a limited liability partnership for at least one year. It has completed internal restructuring and is operating smoothly. It can set up a branch in the FTZ and must use Shanghai Free Trade Zone in the name of its branch. The application to set up a branch in the FTZ should be submitted to the Shanghai Finance Bureau for approval.