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Part of the pilot financing leasing company approval authority delegated to the FTA
Published on:
2016-08-26 10:03
Source:
Recently, the Ministry of Commerce, the State Administration of Taxation issued "on Tianjin and other 4 Free Trade Zone funded leasing companies engaged in financing lease business related issues notice".
The notice said that since April 1, 2016, the Ministry of Commerce, the State Administration of Taxation will confirm the registration work entrusted to the respective trade zone of the province, municipalities separately listed on the state plan, the municipal FTA test area in domestic leasing enterprises financing lease business pilot (hereinafter referred to as provincial) the competent Department of Commerce and the State Administration of taxation.
Four free trade areas are located in Shanghai, Guangdong, Tianjin and Fujian.
Funded pilot financing leasing companies have nearly 200
The notice stipulates that the respective trade test area where the provincial commerce department in charge of the State Administration of taxation is responsible for financial leasing pilot enterprises to submit relevant materials for the audit. To meet the requirements of the enterprise, by the competent provincial departments of Commerce and the State Taxation Bureau jointly issued a notice explicitly included in the list of domestic financial leasing pilot enterprises, domestic financial leasing enterprises and the Ministry of Commerce and the State Administration of Taxation issued a list to enjoy the same treatment.
At present, there are three types of financial leasing companies in China: financial leasing companies, foreign funded financial leasing companies and domestic pilot funded leasing companies. Financial leasing company by the CBRC supervision, financial leasing company by the Ministry of Commerce supervision.
Financial leasing company is approved by the CBRC, is a non bank financial institutions holding financial licenses. Financial leasing companies are divided into domestic funded leasing pilot enterprises and foreign investment finance leasing companies, the former by the Ministry of Commerce and the State Administration of Taxation jointly approved by the Ministry of Commerce, the Ministry of Commerce for approval, is a general industrial and commercial enterprises.
First funded pilot financing leasing companies to start from 2004. At that time, the Ministry of Commerce and the State Administration of Taxation issued the "Ministry of Commerce and the State Administration of Taxation on undertaking financing lease business related issues notice" provisions, the Ministry of Commerce will carry out pilot work for undertaking financing lease business in domestic leasing companies. The Ministry of Commerce and the State Administration of Taxation shall be responsible for the confirmation of the financial leasing business of domestic leasing enterprises.
2004, the first batch of 9 financial leasing companies list released. Since then, the number of financial leasing pilot enterprises is increasing. Up to now, the Ministry of Commerce, the State Administration of Taxation approved a total of 13 domestic financial leasing companies, 191 pilot financial leasing companies.
Financial leasing company is approved by the CBRC, is a non bank financial institutions holding financial licenses. Financial leasing companies are divided into domestic funded leasing pilot enterprises and foreign investment finance leasing companies, the former by the Ministry of Commerce and the State Administration of Taxation jointly approved by the Ministry of Commerce, the Ministry of Commerce for approval, is a general industrial and commercial enterprises.
Free trade zone is still in accordance with the original provisions
It should be noted that this policy is supported mainly for the 4 free trade zone. The above notice also said that the registered in the free trade zone outside the domestic leasing companies engaged in financial leasing business, still in accordance with the existing regulations and procedures for.
The financing lease enterprise management information system data show that as of the end of 2014, China's registered financial leasing enterprises a total of 2045, than last year increase of 959, an increase of 88.3%, than last year increased by 12.9 percentage points. Among them, the domestic pilot enterprises 152, an increase of 29, an increase of 1893; foreign enterprises 23.6%, an increase of 930, an increase of 96.6%.
As of the end of 2014, the national financial leasing enterprises the total registered capital of 556 billion 460 million yuan, an increase of 268 billion 40 million yuan over the previous year, an increase of 92.9%, nearly doubled, the registered capital of domestic pilot enterprises gold was 83 billion 600 million yuan, up 34.8% over the previous year,; foreign enterprises registered capital of 472 billion 840 million yuan, up 108.9% over the previous year.
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