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Both Resident Permit and Passport are Required on Purchasing Accumulation Fund for Foreigner

2014-October-5       Source: Newsgd.com

foreigner who intends to purchase accumulation fund in Guangzhou shall summit his/her Resident Permit, exercising the same rights of Guangzhou citizen.

It was announced in January 2013 by Guangzhou Administrative Department of Accumulation Fund that foreigner who intends to purchase accumulation fund in Guangzhou shall summit his/her Resident Permit, exercising the same rights of Guangzhou citizen. On 18 Sep, 2014, Guangzhou Administrative Department of Accumulation Fund announced a supplementary notice, which requires the foreigner to summit the Resident Permit and Passport for establishing account, withdrawing of transferring deposit and similar services. For other requirements, it is the same as other Chinese employees.

(This information is provided by Lawyer Kelly Xie from Guangdong KaiTong Law Firm in friendship. It is not any legal opinion or legal grounds addressed to any organization or individual. For inquiry, please contact Kelly via email at Kelly_xie@ktlf.com.cn or by phone on 13926185641.)

Editor: Jecey

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