The information contained in this website is of a general nature only. It is not meant to be comprehensive and does not constitute legal or tax advice. HSBC Bank (China) Company Limited has no obligation to update the information as law and practice change. The application and impact of laws and regulations can vary widely based on the specific facts involved. The content of this website is a general guide outlining some of the issues to be considered by readers. No reader should act or refrain from acting on the basis of any material or information contained in this website without obtaining advice specific to their circumstances from their financial, legal, tax or professional advisers as appropriate. The content in this website should not be used as a substitute for formal legal, tax or other advice. No responsibility can be taken for losses arising from or in connection with reliance upon the contents of this website. The materials contained in this website were assembled on [DEC09] and were based on the laws enforceable and information available at that time.