】

China''s State Administration of Taxation (SAT) is relaxing its restrictions on the issue of tax residency certificates (TRCs). Currently, Chinese residents can only obtain a TRC for the purpose of claiming tax treaty benefits. However, from 1 April the SAT will also issue them for wider purposes such as reporting financial accounts held by foreign tax residents to their supervisory authorities; transferring large amounts of funds; making overseas investments; applying for foreign work permits or residence visas and anti-money laundering compliance. Trust and estate planning professionals will be able to obtain TRCs for international estate planning and inheritance matters.

Sources：【2025/02/18 Garrigues】