Recently, reporters learned from the safe branch, guangdong province, for the implementation of the state council on the requirements of financial support the real economy, further promote trade and investment facilitation, promote the development of trade in services, since September 1, 2013, guangdong foreign exchange management system reform of trade in services will be implemented.
It is understood that the reform in order to promote foreign exchange management convenience into objective, after the reform of enterprises and individuals to handle foreign exchange business of service trade will significantly improve the convenience degree, specific include: one is to cancel the service trade 购付汇 approved, all service trade 购付汇 business in financial institutions directly. 2 it is worth $50000 the following service trade consignments single business without trial. Service trade business of small consignments can be directly in financial institutions, financial institutions to trade in services under single equivalent of $50000 consignments business in principle can not review the transaction documents. According to the measure, through the measure, can make about 88% of the foreign exchange business implementation facilitation services trade. For the equivalent amount more than $50000 of trade in services consignments business, financial institutions still need to review the documents. Three is for business still need to review documents, document examination requirements also have done many simplified. Dozens of the existing class documents audit rules to simplify and merge; Removal of most of the departments in charge of approval, the approval of the filing requirements; Cancel the foreign remittance tax certificate, etc. Four is to broaden the domestic institutional service trade foreign exchange deposit income outside the condition, allowing companies to service trade foreign exchange income from outside the group.
Reform of financial institutions to deal with the trade in services business will bring positive influence. To clean up the integration of laws and regulations, on the one hand, the reform abolished 50 several relevant regulatory documents, formulated the "service trade foreign exchange management guidance" and its implementing rules, trade in services for financial institutions to handle foreign exchange business provides the basis of the system, clear and transparent rules and regulations, facilitating financial institutions operating; At the same time, the simplified documents audit also can lower the operating costs of financial institutions, improve the work efficiency. Reform, on the other hand, further defined the responsibilities of financial institutions to the business audit, strengthen the due diligence requirements of financial institutions audit, encourage financial institutions to perfect the internal control system and related business operation process, to prevent abnormal capital cross-border flows through service trade channels.
In vigorously promoting service trade facilitation at the same time, strengthen risk prevention and control under the administration of foreign exchange. Learned, institutions and individuals in financial institutions within the territory of trade in services of revenues and expenditures in foreign exchange business, regardless of the amount of size, must be retained for every 5 years service trade foreign exchange receipts and payments related transaction documents, for safe after verification.