Current location - Loan Platform Complete Network - Foreign exchange account opening - Guidelines on foreign exchange settlement policy
Guidelines on foreign exchange settlement policy
Domestic individuals and overseas individuals implement the management of annual total settlement, and the annual total settlement of individuals is equivalent to $50,000 (inclusive).

If the domestic individual's settlement of foreign exchange exceeds the annual limit, the following certification materials shall be provided:

1. Donation settlement: notarized donation agreement or contract, the donation must comply with state regulations;

2. Settlement of foreign exchange for family support: proof of immediate family members or notarized proof of support relationship, and relevant income certificates of overseas payers, such as bank deposit certificate and personal income tax payment certificate;

3. Handling of inherited income: inherited legal documents or notarial certificates;

4. Settlement of foreign exchange income from insurance: insurance contracts and payment vouchers of insurance institutions, and foreign exchange insurance must comply with state regulations;

5. Exclusive right to use and settlement of franchise income: payment certificate, agreement or contract;

6. Settlement of income from legal, accounting, consulting and public relations services: payment voucher, agreement or contract;

7. Employee salary settlement: labor contract and income certificate;

8. Settlement of foreign exchange income from overseas investment: foreign exchange registration certificate for overseas investment, profit distribution resolution or dividend or other income certificates.

Where the individual's settlement of foreign exchange exceeds the annual limit, the following supporting materials shall be provided:

1. Rent expenditure: house lease contract, invoice or payment notice registered by the housing management department;

2. Living expenses: contract or invoice;

3. Medical and study expenses: proof of charges from domestic hospitals (schools).