FIE

Shanghai eases forex controls on remittance of cost reimbursements

BUSINESS BRIEF -- MAY 2011

In December of 2010, the Shanghai Foreign Exchange Authority (SFEA), a branch of the State Administration of Foreign Exchange (SAFE), announced a change in FOREX control requirements on cross-border payments of reimbursements and other allocated expenses, through the issuance of Shanghai Hui Fa [2010] 192 (“Circular 192”).

Representative Offices: Understanding New Regulations

TAX BRIEF -- JANUARY 2011

IMPORTANT NOTE: New regulations come into force from March 1st that could require you to change your business structure. If you operate a Representative Office, contact S.J. Grand for an obligation free appraisal of your situation.

New Regulations for Representative Offices

BEIJING -- China’s State Council has issued new regulations for representative offices of foreign enterprises (ROs), with major implications for existing ROs and for new foreign investors planning their Chinese market entry.

The regulations come into effect on 1 March 2011 and outline:

Beijing - Shanghai - Shenzhen - Hong Kong - Paris
Syndicate content

Copyright © 2009-2017 S.J.Grand. All rights reserved.