Which types of foreign exchange income must be settled in foreign exchange?

Question: What kind of foreign exchange income must be settled?

Answer: Domestic units that obtain the following foreign exchange income must settle foreign exchange and cannot retain foreign exchange.

1. Foreign exchange earned from exporting or paying first and then receiving re-exported goods and other transactions. Among them, the foreign exchange for trade exports settled by documentary letter of credit/letter of guarantee and documentary collection can be settled with valid commercial documents, and the foreign exchange for trade exports settled by remittance can be settled with the verification form of export foreign exchange receipts;

2. Foreign exchange income from winning international tenders under overseas loans;

3. Foreign exchange income from domestic sales of duty-free commodities under customs supervision ;

4. Transportation (including various modes of transportation) and ports (including airports), post and telecommunications (excluding international remittances), advertising, consultation, exhibitions, Foreign exchange income from goods or services provided by consignment, repair and other industries and various agency businesses;

5. Various foreign exchange fees, fines and confiscations received by administrative and judicial agencies etc.;

6. Foreign exchange income from the transfer of intangible assets such as land use rights, copyrights, trademark rights, patent rights, non-patented technology, goodwill, etc., but the above-mentioned intangible assets If it is owned by an individual, no foreign exchange settlement is required;

7. Foreign exchange profits repatriated by overseas investment enterprises, foreign exchange recovered under foreign financial aid and foreign exchange income from overseas assets; 8. Foreign exchange income from external claims, returned foreign exchange deposits, etc.;

9. Foreign exchange income from leasing real estate and other foreign exchange assets;

10. Insurance institutions receive foreign exchange income from foreign exchange insurance;

11. Financial institutions that have obtained the "Foreign Exchange Business License" operate foreign exchange Net income from business;

12. Foreign exchange from foreign donations, funding and aid income;

13 .Other foreign exchange that should be settled as prescribed by the State Administration of Foreign Exchange.

14. Foreign exchange under the current account of foreign-invested enterprisesIncome can be retained in foreign exchange within the maximum amount approved by the foreign exchange bureau, and the excess should be sold to a designated foreign exchange bank or sold through a foreign exchange swap center.