The tax exemption license shall be issued by the Ministry of Finance, and those that meet the requirements shall be issued by the Ministry of Finance, generally once every three years.
There are eight tax-free licenses in China, among which China International Travel Service has three (Zhong Mian (China Duty Free Group), Rishang Duty Free Bank and Haimian Duty Free Co., Ltd.), and the other five are: Residence Free (gree real estate), Shenzhen Duty Free Group, Zhongchufu (China Overseas Service Co., Ltd.) and Zhongqiao (Jilin Zhongqiao duty-free foreign exchange goods Co., Ltd.).