Cross-Strait Joint Venture Securities Firms Eases Account Opening Requirements for Taiwan Compatriots
Account-opening documents for Taiwan compatriots have been expanded, with property purchase contracts, property certificates, rental contracts, and labor contracts all usable as supporting proof. Online account opening is more convenient, mainland securities investment is smoother, and Taiwan compatriots need to make fewer trips to handle services.
Xiamen, July 27 — GoldYuan Tongyi Securities, a crossstrait joint venture brokerage, said that the range of work and living documents that Taiwan compatriots can use when opening securities accounts on the mainland has been further expanded, with four common types of supporting documents newly added: house purchase contracts, property ownership certificates, rental contracts, and labor contracts.
The company said that when Taiwan compatriots open accounts, in addition to primary documents such as the Mainland Travel Permit for Taiwan Residents, the Hong Kong, Macao and Taiwan Residents Residence Permit, employment certificates issued by domestic institutions, temporary accommodation registration certificates issued by public security authorities, as well as property ownership certificates, registered housing lease contracts, and labor contracts can also be used as supporting documents.
GoldYuan Tongyi Securities officially opened in 2020 and is a crossstrait joint venture securities company approved by the China Securities Regulatory Commission. The company said it had already launched online account opening services for customers from Taiwan, Hong Kong, and Macao in 2021. This optimization of document requirements is intended to further facilitate Taiwan compatriots in carrying out securities investment on the mainland.