State Administration of Foreign Exchange, Circular on Issues Relevant to Improving Current Account Related Foreign Exchange Control in Zones under Special Customs Surveillance

国家外汇管理局关于改进海关特殊监管区域经常项目外汇管理有关问题的通知

August 15, 2013 | BY

CLP Temp

SAFE streamlines forex control procedures for special customs zones.

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Issued: May 22 2013

Effective: June 1 2013


Main contents
: With a view to improving the control of the receipt and expenditure of foreign exchange on the current account in zones under special customs surveillance, supporting foreign trade upgrading and transitioning, and promoting stable growth in foreign trade, the State Administration of Foreign Exchange is further improving foreign exchange control on the current account in zones under special customs surveillance:

1. Organisations in zones under special customs surveillance (Organisations) shall not be required to obtain a Foreign Exchange Registration Certificate