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Financial commentary
Posted 2018-04-18 11:33:33 Share it on the web version
                        Ministry of Finance: Temporary exemption of regulatory fees for securities and futures industry from 2018 to 2020
Source: Ministry of Finance Website Editor: Oriental Wealth

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

Circular on Cancellation of Exemption and Adjustment of Some Administrative Charges Related Policies

Taxation [2018] 37

Ministry of Public Security, China Securities Regulatory Commission, State Intellectual Property Office, Departments of Finance of the provinces, autonomous regions and municipalities directly under the Central Government, Development and Reform Commission, Price Bureau, Xinjiang Production and Construction Corps Finance Bureau:

In order to further reduce the social burden and promote the development of the real economy, we hereby announce the relevant policies for the suspension, exemption, and adjustment of some administrative fees:

1. Starting from April 1, 2018, the fee for the first time to apply for a resident ID card was suspended.

  2. From January 1, 2018 to December 31, 2020, temporarily exempt the agency supervision fees of securities and futures industries.

3. Starting from August 1, 2018, the patent registration fees, announcement printing fees, and alterations of recording items in the patent fees (domestic portion) will be suspended (changes in the relationship between patent agencies and agents), PCT (“Patents” (Patent Cooperation Treaty) The transfer fee in the patent application fee (international phase); for eligible applicants, the period for deduction of patent annual fees extends from within 6 years from the date of grant of the patent right to within 10 years; for eligible applicants In the case of an application for a patent for invention, before the expiration of the reply period of the first review opinion notice (except when a reply opinion has been submitted), if the applicant applies for withdrawal on his own initiative, he is allowed to return 50% of the substantive examination fee for the patent application.

4. The arrears of the aforementioned fees shall be paid in full to the central and local treasuries according to the channels prescribed by the financial department.

V. Financial departments at all levels must earnestly do a good job of ensuring funds, properly arrange the budgets of relevant departments and units, and ensure that they perform their duties according to law.

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

Ministry of Finance National Development and Reform Commission

April 12, 2018

Posted on 2018-04-18 11:33:39
                            Significantly good
Posted on 2018-04-18 11:33:41
                            Ha ha
Posted on 2018-04-18 11:33:41
                            Cattle
Posted on 2018-04-18 11:33:42
                            Super good! ! ! !
Posted on 2018-04-18 11:33:43
                            It's impossible
Posted on 2018-04-18 11:33:43
                            Securities?
Posted on 2018-04-18 11:33:44
                            Couch
Posted on 2018-04-18 11:33:45
                            Good and good
Posted on 2018-04-18 11:33:45
                            Good brokerage
Posted on 2018-04-18 11:33:46
                            Reduce stamp duty!
Posted on 2018-04-18 11:33:46
                            It fell again
Posted on 2018-04-18 11:33:47
                            Significantly good
Posted on 2018-04-18 11:33:48
                            Front row of onlookers
Posted on 2018-04-18 11:33:48
                            Bench
Posted on 2018-04-18 11:33:48
                            Good day!
Posted on 2018-04-18 11:33:48
                            Reduce stamp duty more Pakistani
Posted on 2018-04-18 11:33:48
                            incredible
Posted on 2018-04-18 11:33:51
                            it is good
Posted on 2018-04-18 11:33:51
Posted on 2018-04-18 11:33:51
                            Good brokerage
Posted on 2018-04-18 11:33:52
                            Powerful, daily limit in the afternoon!
Posted on 2018-04-18 11:33:52
                            Is this good?
Posted on 2018-04-18 11:33:52
                            Bad
Posted on 2018-04-18 11:33:53
                            To cancel the stamp duty directly is better than anything.
Posted on 2018-04-18 11:33:54
Posted on 2018-04-18 11:33:54
                            Why is the stamp tax not cancelled?
Posted on 2018-04-18 11:33:54
                            How much is it for?
Posted on 2018-04-18 11:33:55
                            Are you good?
Posted on 2018-04-18 11:33:56
                            what's the situation?
Posted on 2018-04-18 11:33:56
                            Wait for the gods to interpret!
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Source: Ministry of Finance Website Editor: Oriental Wealth

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

Circular on Cancellation of Exemption and Adjustment of Some Administrative Charges Related Policies

Taxation [2018] 37

Ministry of Public Security, China Securities Regulatory Commission, State Intellectual Property Office, Departments of Finance of the provinces, autonomous regions and municipalities directly under the Central Government, Development and Reform Commission, Price Bureau, Xinjiang Production and Construction Corps Finance Bureau:

In order to further reduce the social burden and promote the development of the real economy, we hereby announce the relevant policies for the suspension, exemption, and adjustment of some administrative fees:

1. Starting from April 1, 2018, the fee for the first time to apply for a resident ID card was suspended.

  2. From January 1, 2018 to December 31, 2020, temporarily exempt the agency supervision fees of securities and futures industries.

3. Starting from August 1, 2018, the patent registration fees, announcement printing fees, and alterations of recording items in the patent fees (domestic portion) will be suspended (changes in the relationship between patent agencies and agents), PCT (“Patents” (Patent Cooperation Treaty) The transfer fee in the patent application fee (international phase); for eligible applicants, the period for deduction of patent annual fees extends from within 6 years from the date of grant of the patent right to within 10 years; for eligible applicants In the case of an application for a patent for invention, before the expiration of the reply period of the first review opinion notice (except when a reply opinion has been submitted), if the applicant applies for withdrawal on his own initiative, he is allowed to return 50% of the substantive examination fee for the patent application.

4. The arrears of the aforementioned fees shall be paid in full to the central and local treasuries according to the channels prescribed by the financial department.

V. Financial departments at all levels must earnestly do a good job of ensuring funds, properly arrange the budgets of relevant departments and units, and ensure that they perform their duties according to law.

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

Ministry of Finance National Development and Reform Commission

April 12, 2018