Yiwu is China's only international trade comprehensive reform of financial pilot cities. 2014 state for international trade enterprises, soho and cross-border e-commerce development to exit the benefit of the policy.

Yiwu self-employed large foreign trade collection and settlement policy is from this time in Yiwu pilot began to implement, to help thousands of friends doing cross-border e-commerce and international trade to solve the problem of foreign exchange control is strict, the collection and settlement of foreign exchange is difficult.

Yiwu individual households to collect foreign exchange settlement advantages:

1.? There is no personal limit of 50,000 U.S. dollars per year to settle, as long as the formal foreign trade industry can be a large amount of collection and settlement of foreign exchange.

2. Exemption from taxation and refund policy, register a license is only used to handle the settlement account, do not need to do the books and tax returns.

3.?Paypal account, offshore accounts of foreign currency can be through the Yiwu individual account settlement. The operation is simple.

4.? Handling fee is cheap, less than one ten thousandth.

The process of opening this Yiwu self-employed account:

First of all, you need to have a Yiwu self-employed business license, because only Yiwu self-employed can go to the bank to open this account for collection and settlement of foreign exchange. Then broadly speaking, there are two stages: 1, industrial and commercial registration (generally 3-5 working days) 2, the appointment of the bank account (specific to the appointment time shall prevail)

Detailed process: to provide information → sign a contract payment → submitted to the industrial and commercial sector registration → 3-5 working days → appointment of the bank account. If things go well, registration and account opening can be done within a week.

Yiwu self-employed account shortcomings:

Foreign currency transfers - self-employed can receive foreign currency but foreign currency can not be withdrawn and transferred only after the settlement of foreign exchange for the RMB can be converted

Accounts head - account The name is the pinyin of the legal person's name, (can also be shown on request for self-employed head)

Yiwu self-employed account maintenance issues

Yiwu self-employed account before June each year to do a Yiwu self-employed business license annual review can be. No other formalities issues.