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China: Employee Stock Purchase Plans, April 2006 - Çin
In the People’s Republic of China (PRC), strict foreign exchange regulations have in effect prohibited Chinese national employees from being able to participate in employee stock purchase plans (ESPP) offered by foreign (non-Chinese) companies. Under China’s State Administration of Foreign Exchange (SAFE) regulations individuals are not allowed to remit funds overseas for investment purposes. This has resulted in many Chinese employees of multinational companies being unable to participate in global stock purchase plans despite the fact that their employers maybe offering such participation to all its other employees worldwide.
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Page Last Updated: May 10, 2006
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Source: Deloitte Touche Tohmatsu (English)
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©2012 Deloitte Türkiye.
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