China (CN)

Jurisdiction Overview

204 *Are Trusts available? BOTH: Domestic trust law and administration of foreign law trusts.
 Data Date: 2013


Both domestic trusts and trusts domestically managed are available. The Global Forum reports: "Chinese law allows the creation of domestic express trusts. The Trust Law (2001) regulates trust relations and the rights and interests of the parties to a trust. [...] provided the trust activities are carried out in China, the Trust Law applies equally to trusts established under PRC law, Chinese or foreign trusts which are administered in China, and Chinese and foreign trusts which have a trustee resident in China whether the trustee is acting by way of business or not" (GF 2013: 45-46).


FATF 2007: 18; GF 2013: 45-46