Shanghai Municipality, Tentative Provisions for Regulating the Purchase of Commercially Developed Residential Premises by Enterprises

上海市关于规范企业购买商品住房的暂行规定

October 03, 2018 | BY

Susan Mok

Enterprises are restricted from purchasing housing in Shanghai

Share:

Issued: July 2 2018

Effective: July 3 2018

Main contents: An enterprise that proposes to purchase commercially developed residential premises in Shanghai shall satisfy all of the following conditions, the date of purchase being determined by the date of online execution and record filing of the contract:

  1. the enterprise has been established for at least five years;

  1. the cumulative amount of tax paid by the enterprise in