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Exit cash · 06 Editorial guide

Exit cash: sale, reduction, liquidation

Exit cash follows a corporate event. It is not a routine dividend pack.

First job Name the corporate event before treating leftover cash as an ordinary remittance.

Start here

Start here

Key considerations

The first questions are about urgency, governance and preservation — before collection expands or interviews begin.

  1. Is this a sale, a capital reduction, or a liquidation residual?
  2. Has the tax clearance for that event been identified?
  3. Which bank must remit the leftover?

Decision map

Keep the question bounded.

  1. Name the eventDeal, reduction or liquidation.
  2. Tax overlayClearance questions live on the tax hub.
  3. Then FXThe residual remittance pack.

Timeline

Sequence and clocks that change the next action.

  1. Corporate closeThe event that creates the residual.
  2. Tax fileCertificates the bank will ask for.
  3. RemittanceThe leftover cash movement.

Local context

Add the city when the bank’s practice changes.

Onboarding packs and SAFE handling vary by bank and city after the national FX route is identified.

Open city and province guides

Counsel hand-off

Need banking and FX counsel?

This hub organises payment routes and bank packs. It does not move funds, instruct a bank or replace the tax certificate on your facts.

Find banking & FX counsel

Submit an initial enquiry

Need qualified counsel?

Move carefully. Move with a record.

Use the portal to identify counsel for this practice and related China-side issues.