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──Jan 09 , 2023How to handle the record of Chinese enterprises' overseas investment?

According to the Measures for the Administration of the Approval and Filing of Overseas Investment Projects, Chinese enterprises inOverseas investmentRelevant filing matters should be done in the Department of Commerce and the National Development and Reform Commission. Due to China's foreign exchange control, the investment funds of Chinese enterprises can be transferred overseas through normal channels of foreign exchange purchase only after they have been registered. After the profits of the overseas subsidiaries, they can also be paid back to the domestic parent company in the form of dividends.

However, it should be noted that individual foreign investment cannot be put on record at present, because the state does not allow individual foreign investment. How to handle a Chinese enterpriseOverseas investment recordShall be filed with the Provincial Department of Commerce and the Provincial Development and Reform Commission respectively. For example, some sensitive industries cannot be successfully registered, such as the research and development, production and maintenance of weapons and equipment, cross-border water resources development and utilization, real estate, hotels, entertainment, film and television industry, football clubs, etc., especially the equity investment funds or investment platforms established overseas without specific industrial projects. The filing of the company shall provide the background introduction of the investment project, the content and scale of the investment project, the specific business model, the expected income, and the detailed description of the investment amount and the use of funds.

How to handle the record of Chinese enterprises' overseas investment?

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