A foreign-invested enterprise (FIE) in China can now complete its incorporation plus its first cluster of post-setup steps through a single integrated “FIE Opening One-Thing” (外资企业开办一件事) service covering licence, free seal, tax, social insurance and bank account. 中国的外商投资企业如今可通过”外资企业开办一件事”这一集成服务，将设立登记与设立后首批事项一次性办妥——涵盖营业执照、免费公章、涉税事项、社保与银行账户。 Beijing’s government-service portal lets an FIE obtain its business licence (with a free official seal), tax registration, employee social-insurance enrolment and bank appointment in one session, with “instant” handling for the licence step. 北京市政务服务平台允许外资企业将营业执照（含免费公章）、税务登记、员工社保登记与银行预约在同一会话中办理，其中执照环节”即时办理”。 Hainan’s second batch of FIE registration-facilitation measures (effective … One-Stop Setup Service Windows for Foreign-Invested Enterprises in China: The “FIE Opening One-Thing” Integrated ModelRead more
Financial sector opening measures for foreign institutions
The 2026 “Stabilizing Foreign Investment” plan lets more foreign institutions use risk-management tools including Treasury futures. 2026年”固稳促优”方案支持更多外资机构运用包括国债期货在内的风险管理工具。 Foreign institutions are allowed to conduct fund investment-advisory business under the law. 外资机构可依法开展基金投资顾问业务。 Key FIEs receive cross-border financing convenience quotas to ease external financing. 为重点外资企业提供跨境融资便利化额度，缓解外部融资。 Domestic banks are guided to offer “agency document preparation” international settlement services to large FIEs. 引导境内银行为大型外资企业提供”代客制单”国际结算服务。 Exchanges optimise pre-IPO communication and support qualified FIEs in domestic listings. 交易所优化上市申报前预沟通，支持符合条件的重点外资企业境内上市融资。 These measures sit within the financial-opening pillar and complement the … Financial sector opening measures for foreign institutionsRead more
Financial services & fintech licensing
China removed the foreign-ownership caps on securities firms, fund managers, futures companies, and life insurers in 2020, putting foreign banks and insurers on broadly the same footing as domestic institutions. 中国于2020年取消证券公司、基金管理人、期货公司与寿险公司的外资股比限制，使外资银行与保险公司大体上与内资机构同等待遇。 The four key regulators are the PBOC (central bank/payments/AML), NFRA (banking/insurance), CSRC (securities/futures), and SAFE (foreign exchange). 四大监管机构为人民银行（央行/支付/反洗钱）、国家金融监督管理总局（银行/保险）、证监会（证券/期货）与国家外汇管理局（外汇）。 A non-bank payment institution needs a PBOC Payment Business Licence, a mainland-incorporated entity, and minimum registered capital of RMB 100 million under State Council Decree No. 768 (effective 1 May 2024). … Financial services & fintech licensingRead more
SAFE’s cross-border investment & financing convenience package (Jul 2026)
On 17 July 2026, SAFE announced at a SCIO briefing a package of policies to further facilitate cross-border investment and financing. 2026年7月17日，国家外汇管理局在国新办发布会上宣布一揽子进一步便利跨境投融资的政策。 For FIEs, SAFE will simplify capital-project FX settlement and payment procedures to support attracting and using foreign investment. 对外资企业，外汇局将进一步简化资本项目结汇支付手续，服务吸引和利用外资固稳促优。 Cross-border financing high-level opening expands: broader eligible entities, nationwide rollout of the green foreign-debt pilot, and optimised macro-prudential management. 扩大跨境融资高水平开放：拓展适用主体、绿色外债试点全国推广、优化跨境融资宏观审慎管理。 Capital-project registration is optimised — more items handled directly by banks and more “online” (网上办) services. 优化资本项目业务登记管理——更多业务改由银行直接办理，增加”网上办”种类。 For outbound … SAFE’s cross-border investment & financing convenience package (Jul 2026)Read more
Cross-Border Service Payments
A single outbound service payment above USD 50,000 (excluding exactly USD 50,000) requires a tax record-filing (对外支付税务备案) before the bank releases the FX; below the threshold no filing is needed. 单笔对外服务付款等值超 5 万美元（不含 5 万美元）须在办理外汇前完成对外支付税务备案；低于阈值无需备案。 The Chinese payer is the withholding agent: EIT withholding is 10% on the gross amount by statute, often reduced by a tax treaty (0%/6%/10%) — check the applicable treaty rather than defaulting to 10%. 中国付款方为扣缴义务人：预提所得税法定为全额 10%，常依税收协定减征（0%／6%／10%）——应查阅适用协定而非默认 10%。 VAT is levied on offshore services consumed in … Cross-Border Service PaymentsRead more
Capital Injection & Verification
After the licence and bank account, the WFOE (through its bank) completes the FDI basic-information registration and opens a capital account in the WFOE’s name — the bank, not SAFE, handles FDI registration. 营业执照与银行账户齐备后，WFOE（经其银行）办理境内直接投资基本信息登记，并以 WFOE 名义开立资本金账户——FDI 登记由银行而非外汇局办理。 The foreign shareholder must remit from the EXACT registered shareholder entity; a mismatch (e.g. a sibling company) triggers a “投资人缴款人不一致” filing issue. 外国股东须从登记的股东主体 exact 汇出；若不一致（如兄弟公司）将触发”投资人缴款人不一致”说明。 Verification (验资) is much reduced but not abolished: no routine report for a cash-funded standard WFOE, but it … Capital Injection & VerificationRead more
Multinational RMB-FX integrated cash pool goes national
China has rolled out the RMB-FX integrated cash pool for multinational corporations nationwide as of March 2026. 自2026年3月起，中国已将跨国公司本外币一体化资金池试点推广至全国。 The pool lets groups centrally manage onshore and offshore RMB and foreign-currency funds under a single quota-based filing regime. 该资金池允许集团在单一额度备案制下，集中管理境内外人民币及外币资金。 Policy benefits over 1,100 multinational corporations and 19,000 member entities, covering USD 2.1 trillion in cross-border flows. 该政策惠及1100余家跨国公司与19000家成员企业，覆盖2.1万亿美元跨境资金流动。 Foreign-debt and outbound-loan quotas can be concentrated, with single-transaction filing no longer required within the quota. 外债与境外放款额度可集中调配，额度内单笔业务无需逐笔备案。 The reform supports locating regional treasury and … Multinational RMB-FX integrated cash pool goes nationalRead more
Profit repatriation: the basics
Profit repatriation is a routine, lawful current-account transaction, freely permitted since 1996 current-account convertibility — not a capital-control event. 利润汇出是常规、合法的经常项目交易，自 1996 年经常项目可兑换以来自由允许，并非资本管制事件。 The profit must be genuinely after-tax: pay CIT first (standard rate 25%), make good prior-year losses and allocate statutory reserves before any distribution. 利润必须确为税后：先缴企业所得税（标准税率 25%），弥补以前年度亏损并计提法定公积金后方可分配。 Distribution requires a board/shareholder resolution — a foreign parent cannot simply sweep cash out of a Chinese subsidiary. 分配须经董事会/股东决议——外国母公司不能简单将资金从中国子公司划走。 An outbound dividend is subject to a statutory 10% withholding tax (WHT) at source, … Profit repatriation: the basicsRead more
Bonded repair (global repair) pilot expansion
The 2026 measures let export products and parts enter comprehensive bonded zones for bonded repair and re-export, free of the repair catalogue and used-machinery import ban. 2026年措施允许出口产品及零部件进入综合保税区开展保税维修并复运出境，不受维修目录与旧机电进口禁令限制。 China’s bonded-repair product catalogue expanded from 97 to 276 tariff lines across four batches. 中国保税维修产品目录历经四批由97个增至276个税号。 Bonded repair supports “Made in China” after-sales service and extends the domestic industry value chain. 保税维修支撑”中国制造”售后服务体系，延伸国内产业价值链。 Nationwide bonded-zone repair imports and exports reached RMB 375.73 billion in 2025, up 3.2%. 2025年全国保税区维修进出口达3757.3亿元，同比增长3.2%。 Lingang’s Yangshan zone posted RMB 25.3 billion … Bonded repair (global repair) pilot expansionRead more
Product Standards, Testing & GB Compliance when Sourcing from China: a buyer’s checklist
China operates a dual-track standards system: mandatory national standards (强制性国家标准, “GB” without a slash) are legally binding, while recommended standards (推荐性, “GB/T”) are voluntary unless referenced by regulation or contract. 中国实行双轨标准体系：强制性国家标准（不带斜杠的”GB”）具法律约束力，推荐性标准（”GB/T”）原则上自愿，但若被法规或合同引用则须执行。 A foreign buyer’s first job is to confirm which GB applies to the product, whether it is mandatory, and which version is currently in force — using the official National Public Service Platform for Standards (全国标准信息公共服务平台). 外资买家的首要任务是确认产品适用哪项 GB、是否强制、现行版本为何——通过官方”全国标准信息公共服务平台”查询。 Product testing should be done by laboratories accredited under CNAS (中国合格评定国家认可委员会) … Product Standards, Testing & GB Compliance when Sourcing from China: a buyer’s checklistRead more