State Administration of Foreign Exchange, Circular on Further Improving and Revising the Policy for Control of Foreign Exchange on the Capital Account
国家外汇管理局关于进一步改进和调整资本项目外汇管理政策的通知
March 10, 2014 | BY
CLP Temp &clp articles &China's new breakthrough in relaxation of forex control on the capital account.
Issued: January 10 2014
Effective: February 10 2014
Main contents: The Circular simplifies and further liberalises exchange control on the capital account for matters such as foreign claims of lease financing companies, acquisitions of non-performing assets in China by foreign investors, startup costs of organisations in China in connection with overseas direct investments, extension of loans abroad and outward remittance of profits by enterprises in China and transfers of personal property.
Related legislation: PRC Regulations for the Control of Foreign Exchange (2nd Revision), Aug 5 2008, CLP 2008 No.8 p.77
clp reference:3800/14.01.10 issued:2014-01-10 effective:2014-01-10Issued: January 10 2014
Effective: February 10 2014
Main contents: The Circular simplifies and further liberalises exchange control on the capital account for matters such as foreign claims of lease financing companies, acquisitions of non-performing assets in China by foreign investors, startup costs of organisations in China in connection with overseas direct investments, extension of loans abroad and outward remittance of profits by enterprises in China and transfers of personal property.
Related legislation: PRC Regulations for the Control of Foreign Exchange (2nd Revision), Aug 5 2008, CLP 2008 No.8 p.77
clp reference:3800/14.01.10 issued:2014-01-10 effective:2014-01-10This premium content is reserved for
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