With the implementation of the "talent grabbing program" in Hong Kong in recent years, more and more mainlanders have been attracted to immigrate to Hong Kong and become new Hong Kongers. For these new immigrants, dealing with mainland assets has become an issue they must face after settling down. How to ensure that you can manage mainland assets while living in Hong Kong and avoid losses caused by untimely information updates? This article will analyze in detail the procedures and precautions for new Hong Kong residents to handle mainland assets, covering methods for updating important information such as real estate, equity, and financial institution accounts, as well as interpretations of relevant laws and regulations.
real estate:According to the Mainland's "Implementation Rules of the Interim Regulations on Real Estate Registration", after the identity information of the asset owner changes, an application for change registration should be made to the Real Estate Registration Center. New Hong Kong residents need to entrust a Hong Kong lawyer to handle the "same person" notarization, that is, sign the "same person" declaration in front of the lawyer and provide four types of identity documents as attachments. Notarized documents must be signed by China Legal Services (Hong Kong) Co., Ltd. before they can be used in the mainland. After that, you can contact the local housing authority with your new identity certificate to go through the change procedures.
Equity:If new Hong Kong residents hold company equity in the Mainland, they also need to update relevant information in a timely manner. It is usually necessary to submit relevant documents to the company registration authority, such as new identity documents and "same person" notarized documents. The specific procedures and required documents are subject to the specific requirements of the company registration authority.
Financial Institution Account:According to regulations such as the Anti-Money Laundering Law of mainland banks and the Measures for the Administration of Customer Due Diligence of Financial Institutions and the Preservation of Customer Identity Information and Transaction Records, when banks provide services to customers, they require customers to present true and valid identity documents for verification. New Hong Kong residents need to update their mainland bank account information in a timely manner, such as providing new identity documents, to avoid having their bank accounts frozen or unusable due to inconsistent information.
Risk reminder:If new Hong Kong residents fail to update their mainland asset information in a timely manner, they may face the following risks:
- Real property cannot be sold or transferred:If the real estate information is not updated, the new Hong Kong person will not be able to sell or transfer the real estate.
- Equity cannot be exercised:If the equity information is not updated, new Hong Kongers will not be able to exercise their shareholder rights.
- Bank account frozen:If the bank account information is not updated, the bank has the right to terminate the service or even freeze the account.
- Legal risks:If disputes arise due to inconsistent information, New Hong Kong residents may face legal risks.
In short, when new Hong Kong residents deal with mainland assets, they need to update relevant information in a timely manner and understand relevant laws and regulations to protect their own rights and interests. It is recommended that new Hong Kong residents consult professional legal or financial advisors for more detailed information and precautions to avoid unnecessary trouble.
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