Regulations for Establishment, Transfer, or Withdraw Branch Units by Insurance Enterprises Article 24

Within three years after it receives approval from the competent authority to establish a foreign branch unit, an insurance enterprise shall obtain an establishment permit from the foreign insurance authority, and within one month after obtaining an establishment permit for the branch unit shall file the following documents with the competent authority for recordation:1. The letter of approval from the foreign insurance authority; if a business license has already been issued, a photocopy of the license shall also be submitted.2. A list of the lines of business for which the foreign insurance authority has granted prior approval for the enterprise to operate.3. Date of establishment and full address.4. The name and contact information of the responsible person.