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Shenzhen Increased Foreign-invested Financial Organizations Substantially
2007/3/23 0:00:00 Source:MOFCOM Shenzhen Office

It was known from the municipal financial office that in order to attract foreign-invested financial organizations into Shenzhen to enhance its financial influence, the municipal police office recently issued the Circular on Further Easing the Registration of Staff from Foreign-invested Banks Going to HK and Macao for Business.
This notice prescribed that any foreign-invested banks of direct pass kinds can apply upon request without quantity limit; foreign-invested banks without direct pass can add 50% based on the original indicator of tax quota, if still in adequate, they can apply in written form. Principally, the foreign-invested banks can go to the nearest municipal exit & entry administration office, or go to the nearest district office of exit & entry administration for application of business filing or business registration.


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