China company tax filing service
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As in order to incentive the China'a market and trade ,China's central government loosened mortgage restrictions to address the country's ailing housing market, which is becoming a significant drag on the economy amid other signs of weakness. The property sector accounts for one-fourth of the Chinese economy, according to Moody's Analytics, affecting building materials, home appliances and transport.
Government Vows to Monitor Lending --- China commercial mortgage
The end of the mortgages discounts to consumers coincides closely with a statement by a government banking regulator that it will “strictly control” lending to property developers this year to reduce the risk of uncontrolled growth in the property market due to excess liquidity.The China Banking Regulatory Commission (CBRC) identified the real estate industry as a sector that needs closer monitoring of lending, and indicates that it will conduct regular stress tests of bank loan portfolios and forbid wealth-management products from investing in commercial property.
What documents are required for the application of Commercial Property Mortgage Loan?
The documents required include but not limited to the following:
Business License (original and duplicate)
Tax Registration Certificate
Organization Code Certificate
Memorandum and Articles of Association, Verification Report of Paid-up Capital
Legal representative and shareholder(s)' ID
Loan Card of the enterprise (if applicable)
Mortgaged Property Title Deed
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For further queries, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82148419, 86-755-82143512, or emailing to info@citilinkia.com