Legal

Hong Kong and Macao investors are allowed to set up wholly-owned medical institutions in the mainland.

Housing and travel allowances of foreign expatriates of insurance companies may be excluded from their bonus limits.

 National legislation Banking Guiding Opinions on Innovation in the Capital Instruments of Commercial Banks 關于商業銀行資本工具創新的指導意見L3600/12.11.29 Constitution…

For the first time insurance proceeds are allowed to be invested in wealth management products of commercial banks, credit asset-backed securities of banking financial institutions and pooled fund trust plans of trust companies.

Securities companies are allowed to be financial product sales agents.

A new Circular from the State Administration of Foreign Exchange has reduced the approval burden on the capital account, a move that will boost investor confidence by showing a renewed commitment to liberalising foreign exchange controls

A new Circular from the State Administration of Foreign Exchange has reduced the approval burden on the capital account, a move that will boost investor confidence by showing a renewed commitment to liberalising foreign exchange controls

The Ministry of Justice has revised Measures governing the establishment of branch offices and the Ministry of Human Resources with other departments have issued a Circular allowing foreign personnel to apply for five-year multiple entry visas

The dividend tax reduced to encourage investors to hold shares for the long term.