Visa Financial Policies for Foreign Workers (Visa  (Z) Holders)

Parties Involved

1.0 Party A: DEIL GROUP CO., LTD (Employer/Sponsor)
2.0 Party B: Yiwu Immigration Bureau (Visa Authority)
3.0 Party C: Foreign Applicant (Z Visa Holder).

1.0 Financial Obligations for Party C (Foreign Applicant)

1.1 Annual License & Visa Fees

1.1.1 Payment Timeline:

  • Must be paid 2–3 months prior to the expiration of the business license cycle year.

  • Example: If the business license is opened on December 31, payment is due by September 30.

1.1.2 Fee Structure:

  • Covers both business license renewal and associated visa fees.

  • Exact amounts specified in the initial contract (Party A will provide documentation).

1.1.3 Critical Notes:

  • Late payments may:

    • Incur government penalties (About 20% surcharge after 30 days).

    • Freeze business operations until resolved.

2.0 Parties Involved & Responsibilities

2.1 Party A: DEIL GROUP CO., LTD

2.1.1 Role: Visa sponsor and license facilitator.
2.1.2 Financial Coordination:

  • Issues payment reminders 4 months in advance.

  • Not liable for delays caused by Party C.

2.2 Party B: Yiwu Immigration Bureau

2.2.1 Enforcement:

  • Zero tolerance for late payments (strict 60-day grace period).

2.3 Party C: Foreign Applicant

2.3.1 Compliance Requirements:

  • Maintain separate bank account for visa/license fees.

  • Submit payment confirmations to Party A within 3 business days.

3.0 Policy Annex

3.1 Payment Methods

  • Wire transfer to designated government account.

  • Alipay/WeChat Pay accepted for amounts under ¥50,000.

3.2 Audit Rights

  • Yiwu authorities may request About 5 years of payment records.

6.0 Disclaimer

6.1 This article is dynamic and subject to change based on Chinese immigration policy updates.
6.2 Verify all requirements directly with the Immigration Bureau before application.

7.0 Contact Information

7.1 Yiwu Immigration Bureau: Chouzhou Road, Yiwu, Zhejiang.
7.2 DEIL GROUP CO., LTD: +86-17826077327.