ARTICLE · 999501
Your Shanghai office turned a profit. Bank balance looks healthy. You transfer a chunk to Dubai. Weeks later, the money still si
Your Shanghai office turned a profit. Bank balance looks healthy. You transfer a chunk to Dubai. Weeks later, the money still sits there.
That surprise is common.
China controls cross-border money movement. Profit must leave through approved channels. Dividends need audited financial statements and a tax clearing certificate. Skip a step and the bank simply refuses. Worse, undeclared outflows can trigger fines and questions.
Many founders treat the business account like a wallet. That mixing creates another mess. Personal withdrawals are not dividends. They attract scrutiny too.
The good news: the route works when the paperwork is right. Build the structure early. Separate your salary, your dividends, and your loans.
If repatriation keeps failing, DM me. We can check your paperwork before the tax year ends.