A legal entity is designated by a Chinese regulator and is plugged into the tax, visa and pension systems.

法人实体的身份由中国监管机构确定，法人实体要接受税务、签证和养老金制度的管辖。

youdao

Compliance, Credit Risk Management, Finance, Legal, Market Risk Management, Systems, Tax and Treasury Services - control functions.

制定规章，信用风险管理，财务，法律，市场风险管理，系统，税收和内部财政服务。

youdao

The offshore centres of the future will probably be politically stable, with good legal systems and firms and a strategy of non-confrontation with big economies on tax.

ECONOMIST: Offshore private banking