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Financial commentary
Published on 2018-04-18 11:33:33 Share it web version
                        Ministry of Finance: Temporary exemption from institutional supervision fees for securities and futures industry from 2018 to 2020
Source: Ministry of Finance website Editor: Eastern Fortune Network

On April 18, the Ministry of Finance announced that from January 1, 2018 to December 31, 2020, the agency supervision fees for the securities and futures industry will be temporarily exempted. The following is the full text of the announcement:

Notice on the Relevant Policies on the Exemption and Adjustment of Some Administrative Fees

Finance and Taxation [2018] No. 37

The Ministry of Public Security, the China Securities Regulatory Commission, the State Intellectual Property Office, the finance departments (bureaus), development and reform commissions, and price bureaus of the provinces, autonomous regions, and municipalities directly under the Central Government, and the Finance Bureau of the Xinjiang Production and Construction Corps:

In order to further reduce the social burden and promote the development of the real economy, the relevant policies on the suspension, exemption and adjustment of some administrative fees are now as follows:

1. Since April 1, 2018, the first application for the identity card of the resident ID card has been suspended.

  2. From January 1, 2018 to December 31, 2020, the agency supervision fee for the securities and futures industry will be temporarily exempted.

3. Since August 1, 2018, the patent registration fee, the announcement printing fee, and the change of the record item (the change of the patent agency and the agent's entrustment relationship) in the patent charge (domestic part), PCT ("patent" Cooperative Treaty) the transfer fee in the patent application fee (international phase part); for eligible applicants, the patent annual fee reduction period is extended from within 6 years from the year of granting the patent right to 10 years; The patent application for invention shall be refunded 50% of the substantive examination fee of the patent application before the expiration of the reply period of the first review notice (except for the reply submitted).

4. The above-mentioned fees and charges shall be paid in full to the central and local state treasury in accordance with the channels prescribed by the financial department.

5. The financial departments at all levels must earnestly do a good job in guaranteeing funds, properly arrange the budgets of relevant departments and units, and ensure that they perform their duties according to law.

6. All regions and relevant departments and units shall strictly implement the provisions of this Notice, and timely formulate relevant supporting measures to ensure that relevant policies are in place.

Ministry of Finance, National Development and Reform Commission

April 12, 2018

Published on 2018-04-18 11:33:39
                            Major positive
Published on 2018-04-18 11:33:41
                            Ha ha
Published on 2018-04-18 11:33:41
                            Cattle
Published on 2018-04-18 11:33:42
                            Super good! ! ! !
Published on 2018-04-18 11:33:43
                            It’s really impossible.
Published on 2018-04-18 11:33:43
                            Securities?
V5D
Published on 2018-04-18 11:33:44
                            Couch
Published on 2018-04-18 11:33:45
                            Good fortune
Published on 2018-04-18 11:33:45
                            Good brokerage
Published on 2018-04-18 11:33:46
                            Reduce stamp duty!
Published on 2018-04-18 11:33:46
                            Falling again
Published on 2018-04-18 11:33:47
                            Major positive
Published on 2018-04-18 11:33:48
                            Front row
Published on 2018-04-18 11:33:48
                            Bench
Published on 2018-04-18 11:33:48
                            Great profit!
Published on 2018-04-18 11:33:48
                            Stamp duty is more suitable
Published on 2018-04-18 11:33:48
                            incredible
Published on 2018-04-18 11:33:51
                            it is good
Published on 2018-04-18 11:33:51
Published on 2018-04-18 11:33:51
                            Good brokerage
Published on 2018-04-18 11:33:52
                            Great, the daily limit!
Published on 2018-04-18 11:33:52
                            Is this good?
Published on 2018-04-18 11:33:52
                            Negative
Published on 2018-04-18 11:33:53
                            The stamp duty was cancelled directly, better than anything else.
Published on 2018-04-18 11:33:54
Published on 2018-04-18 11:33:54
                            Why is the stamp duty not canceled?
Published on 2018-04-18 11:33:54
                            How much is the profit?
Published on 2018-04-18 11:33:55
                            Is it good?
Published on 2018-04-18 11:33:56
                            what's the situation?
Published on 2018-04-18 11:33:56
                            Waiting for the god to interpret!
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Source: Ministry of Finance website Editor: Eastern Fortune Network

On April 18, the Ministry of Finance announced that from January 1, 2018 to December 31, 2020, the agency supervision fees for the securities and futures industry will be temporarily exempted. The following is the full text of the announcement:

Notice on the Relevant Policies on the Exemption and Adjustment of Some Administrative Fees

Finance and Taxation [2018] No. 37

The Ministry of Public Security, the China Securities Regulatory Commission, the State Intellectual Property Office, the finance departments (bureaus), development and reform commissions, and price bureaus of the provinces, autonomous regions, and municipalities directly under the Central Government, and the Finance Bureau of the Xinjiang Production and Construction Corps:

In order to further reduce the social burden and promote the development of the real economy, the relevant policies on the suspension, exemption and adjustment of some administrative fees are now as follows:

1. Since April 1, 2018, the first application for the identity card of the resident ID card has been suspended.

  2. From January 1, 2018 to December 31, 2020, the agency supervision fee for the securities and futures industry will be temporarily exempted.

3. Since August 1, 2018, the patent registration fee, the announcement printing fee, and the change of the record item (the change of the patent agency and the agent's entrustment relationship) in the patent charge (domestic part), PCT ("patent" Cooperative Treaty) the transfer fee in the patent application fee (international phase part); for eligible applicants, the patent annual fee reduction period is extended from within 6 years from the year of granting the patent right to 10 years; The patent application for invention shall be refunded 50% of the substantive examination fee of the patent application before the expiration of the reply period of the first review notice (except for the reply submitted).

4. The above-mentioned fees and charges shall be paid in full to the central and local state treasury in accordance with the channels prescribed by the financial department.

5. The financial departments at all levels must earnestly do a good job in guaranteeing funds, properly arrange the budgets of relevant departments and units, and ensure that they perform their duties according to law.

6. All regions and relevant departments and units shall strictly implement the provisions of this Notice, and timely formulate relevant supporting measures to ensure that relevant policies are in place.

Ministry of Finance, National Development and Reform Commission

April 12, 2018