Control Over the Current Account
Foreign Exchange Receipts under the Current Account
An FIE can open a foreign exchange settlement account directly with a designated bank by presenting its Foreign Exchange Registration Certificate
Account registration
Only foreign-invested enterprises (FIE) can use Foreign Exchange and for that matter they have to apply for a Foreign Exchange Certificate.
Documentation required for registration
Within 30 days
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China Consultants International Ltd.
香港中国顾问国际有限公司杭州代表
NanHuan Rd., No 4028,
Joinhands Technology Park, Building No. 7,
Binjiang Hi-Tech Zone, Hangzhou, CHINA
滨江区南环路4028号中恒世纪科技园7栋