Specific Arrangements for CEPA
Hong Kong and Macau service suppliers are permitted to provide real estate services in the Mainland in the form of wholly-owned operations, including development and operation service, intermediary service, and property management service, etc.
Requirements for Service Suppliers
- Registered capital shall not be less than 50% of the total investment if the total investment is USD3 million to USD10 million
- Registered capital shall not be less than 70% of the total investment if the total investment is below USD3 million
Requirements for Incorporation
- Running under its own name and institution
- Fixed business ground
- Required registered capital
- Certificates of service suppliers
- At least 4 full-time technical staff in the field of real estate and construction with qualification certificate and more than 2 full-time accounting personnel with qualification certificate for real estate development service
- Number of professional technical staff represents more than 50% of the total number of staff for real estate consultancy service
- Required number of real estate valuers for real estate evaluation service
- Required number of real estate agents for real estate agency service
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