Hong Kong S.a.r. And Macau S.a.r. Accounting Professional Rules Of Shenzhen Special Economic Zone On The Coopers (For Trial Implementation)

Original Language Title: 香港特别行政区和澳门特别行政区会计专业人士担任深圳经济特区会计师事务所合伙人办法(试行)

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  First for the implementation of the Mainland/Hong Kong CEPA in Guangdong, and basic agreements to achieve liberalization of trade in services of Hong Kong, the Mainland and Macao CEPA in Guangdong and Macao achieved agreement on the liberalization of trade in services, regulating Hong Kong S.A.R. and Macau S.A.R. accounting professionals in Shenzhen Special economic zone on certified public accountants partner, under the provisions of the relevant laws and regulations and practical, these measures are formulated.

Referred to in article Hong Kong S.A.R. accounting professionals (hereinafter referred to as Hong Kong accounting professionals), refers to People's Republic of China CPA and Hong Kong S.A.R. permanent identity cards of residents referred to in this way Macau S.A.R. accounting professionals (hereinafter referred to as accounting professionals in Macao), refers to People's Republic of China CPA certificate and Macau S.A.R. permanent identity cards of the inhabitants.

Third article this approach by said of Hong Kong or Macau accounting professional people served as Shenzhen Special economic zone accountants firm partner, is refers to Hong Kong or Macau accounting professional people in accordance with related legal regulations and the this approach of provides, and meet conditions of mainland residents (following referred to mainland residents) common application in Shenzhen Special economic zone new established partnership accountants firm of practice industry certificate and served as its partner, or joined has established Yu Shenzhen Special economic zone of partnership accountants firm and served as its partner.

Fourth article Hong Kong or Macau accounting professional people in Shenzhen Special economic zone application served as new established accountants firm of partner Shi, should to Shenzhen City financial sector (following referred to city financial sector) proposed application, and accept city financial sector and other related regulatory sector of law regulatory; Hong Kong or Macau accounting professional people joined has established Yu Shenzhen Special economic zone of partnership accountants firm served as partner of, should by the accountants firm to city financial sector record.

Municipal Finance Department in accordance with the People's Republic of China certified public accountant Act, and the regulations of Shenzhen Special economic zone on certified public accountant and the accounting firm approval of the interim measures for the supervision and (Treasury, 24th) and this way, approval for the above and for the record.

Fifth article except should meet People's Republic of China registered accountants method and Shenzhen Special economic zone registered Accountants Ordinance provides of Accountants firm established conditions outside, Hong Kong or Macau accounting professional people served as partner of Accountants firm also should meet following conditions: (a) by mainland residents served as of partner number shall not below partner total of 51%; (ii) Chief partner or perform highest management duties of other positions who, should is implementation partnership Affairs of partner, and by mainland residents served as;

(C) the partnership agreement for accounting firms in major management decisions be set out and to reach agreement on matters, regardless of the accounting firm partner to major management decision of the voting, residents from the mainland partner's right to vote shall not be less than 51% and (iv) accounting professionals in Hong Kong or Macau every year living in the Mainland and in the accounting firm for more than 180 days.

Should adhere to article sixth of the People's Republic of China certified public accountant law and under the regulations of the Shenzhen Special economic zone on certified public accountants partner conditions, as a partner of Hong Kong or Macao accounting professionals should also cover the professional liability insurance in China and a minimum cumulative limit of liability of not less than RMB 1 million per partner per year. Article seventh Hong Kong or Macau when accounting professionals to apply for Coopers, in Hong Kong or Macao to obtain auditing experience is equivalent to an equal time of auditing experience in the Mainland.

Applicants should provides following proved material one of: (a) Hong Kong accountants Association or Macau nuclear number Division cum accountants registered Committee issued of audit work experience proved; (ii) applicants and where Hong Kong or Macau accountants firm (nuclear number Division firm) made of hired contract or labor contract copies, and its where Hong Kong or Macau accountants firm (nuclear number Division firm) of Hong Kong or Macau practice industry Accountants (nuclear number Division) issued of applicants in Hong Kong or Macau engaged in audit business proved.

Municipal Finance Department may require the applicant to provide the Hong Kong or Macao auditing experience of other supporting materials.

Eighth accounting professionals in Hong Kong or Macau apply for Coopers, except in accordance with the Treasury Board accounting firm in Shenzhen set up measures for the implementation of administrative licensing requirements to submit material, shall also submit the following materials: (a) issued by my year living in the Mainland and in the letter of commitment accounting firm for more than 180 days;

(B) issued by me to accept the Municipal Finance Department and other relevant regulatory authorities regulatory commitment letter.

Certified public accountants shall obtain a practising certificate within 60 days of the date, submission to the municipal finance department professional liability insurance certificate, and when the annual report each year and submit proof of professional liability insurance that year. Nineth the Hong Kong or Macao accounting professionals already established in the Shenzhen Special economic zone on certified public accountants as a partner of a partnership, shall comply with the relevant requirements of these measures.

The accounting firm shall, in accordance with the accounting firms Shenzhen, approval and registration to the municipal financial Department and change regulations on the filing and submit related materials provided for in article seventh and eighth. Tenth article this way as of the date of promulgation. Hong Kong S.A.R. accounting professionals to apply to become sea zone of modern service industry in Hong Kong-Shenzhen cooperation partner of accounting firm before interim measures (municipal order No. 247) repealed simultaneously.

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