Popular Services for
Foreign-funded Enterprises
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Can a foreign bank establish a branch and a foreign-funded corporate bank in China at the same time?
- Foreign banks can establish corporate banks and branches in China at the same time. According to the Decision of the State Council to Amend and Repeal Certain Administrative Regulations officially announced on October 15, 2019, the amended Regulation of the People's Republic of China on the Administration of Foreign-funded Banks clearly stipulates that "Foreign banks may legally establish wholly foreign-owned banks and foreign bank branches in the People's Republic of China or Sino-foreign joint venture banks and branches of foreign banks at the same time."
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Must multinational companies conduct on-site audits in China as part of certification contracts with foreign certification bodies?
- According to Article 22 of the Regulation of the People's Republic of China on Certification and Accreditation, no procedures can be reduced or omitted. Therefore, multinational companies operating in China must conduct on-site audits before certification can be issued.
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What is foreign-related audit?
- Foreign-related audit refers to the examination conducted by auditing authorities in accordance with laws, regulations, and policies to assess the implementation of major national policies in areas related to foreign affairs. This includes assessing the overseas investments, operations, and management of state-owned assets of the enterprises and financial institutions that are state-owned or are controlled or dominated by state-owned assets as specified by the State Council, the financial receipts and payments of non-operational state entities stationed abroad, the aid and loan project of international organizations and foreign governments, the foreign aid funds, and the entrusted international organizations. Foreign-related audit constitutes a vital component of national auditing efforts, with the goal of advancing the strategy of opening up to the world, safeguarding national interests, ensuring the security of overseas state-owned assets, and supporting the nation's endeavors in international engagement and the "going global" strategy. It plays a proactive role in serving the country's openness, enhancing the quality of foreign investment utilization, maintaining the nation's reputation, and safeguarding its economic security.
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How can I use the postal service?
- Most tourist hotels provide postal services; however, if you want to send important items such as antiques or cultural relics that are under customs control, you must consult the local branch of the International Post Office.
In addition to regular postal services, the International Post and Telecommunications Office handles remittances, money orders, telegraphic money transfers, international and domestic telephone and telegram services and local telephone service, in the same building there is a customs office for those who need customs clearance.
Additionally, packages can be collected from this office.You can send postcards, letters, parcels and express mail to any place in the world via China Post (with the green logo), FedEx or China Air Express. Visitors should not wrap parcels before they are taken to the post office since the contents must be examined before the parcel may be mailed. Also, some forms of publications such as books, magazines and newspapers must be examined by an authorized post office.
Popular Services for
Foreign Nationals
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How can I make international calls from my hotel?
- International calls and overseas calls to the Hong Kong Special Administrative Region (SAR), to the Macao SAR or Taiwan and to some International countries may be made directly from hotel rooms with IDD lines. Some hotels will add a 15 percent service charge, which is usually added to the accommodation fee. With an IC card, you can also make domestic long distance calls and international calls from public telephones or you can apply for long distance call service in your place of accommodation.
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What documents are required for foreign families to buy houses?
- The original copy and photocopy of identity certificates and marriage certificates for all family members, a valid passport with a notarized Chinese translation, and the Family House Purchase Application Form and House Purchase Commitment Letter signed by the prospective buyer
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How can I rent a house or an apartment?
- A foreigner may find a house in Beijing through a real estate intermediary.
You should avoid renting a house or apartment if any of the following apply:
(1) There is no certificate of ownership;
(2) The house is sealed up by ruling or decisions of judicial or administrative organs or housing and land rights are restricted in other ways by these organs;
(3) The house is jointly owned and consent of one or more joint owners is lacking;
(4) Ownership is disputed;
(5) The building is illegal;
(6) The house does not meet safely standards;
(7) The house is mortgaged and consent of the mortgagee has not been obtained;
(8) The house fails to meet requirements set by public security, environmental protection, health or other competent authorities;
(9) The house may not be rented according to other laws, regulations and rules.