1). Forming And Operating A Special Purpose Vehicle By : Gregory Smyth
State Administration of Foreign Exchange (SAFE) of China is a regulatory act relating to foreign exchange control on financing and round-trip investment by domestic residents through offshore SPVs (special purpose vehicles). SAFE is required for residents or PRC citizen wishing to attain equity in an offshore SPV for the purposes of attracting abroad financing for a domestic company.
Article Related to: offshore banking hong kong, zetland, financial services, china financial services
