Q:
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What is overseas investment?
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A:
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“Overseas investment” as mentioned in the Measures for Administration of Overseas Investments by Enterprises refers to the investment activities made by contributing assets or rights and interests, providing financing or security, or any other means by an enterprise in the territory of the People’s Republic of China or an overseas enterprise controlled by China domestic enterprise (hereinafter referred to as the “investor subject”), to acquire ownership, right of control, right of business management, or other relevant rights and interests.
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Q:
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What materials should be submitted to apply for the overseas investment projects filing?
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A:
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1.
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Application form for overseas investment projects filing;
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2.
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Business License of investor;
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3.
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Shareholding organization chart of investor;
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4.
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Financial statements of investor;
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5.
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Resolution of investor;
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6.
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Legally binding investment agreement or similar documents;
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7.
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Supporting documents to prove the true and compliant source of investment funds;
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8.
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Letter of commitment for overseas direct investment.
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Q:
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Who issues the letter of commitment for overseas investment?
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A:
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Investor.
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Q:
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Does the investment to Hong Kong, Macao and Taiwan belong to overseas investment?
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A:
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Yes.
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Q:
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Can Chinese citizens directly invest abroad?
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A:
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No.
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Q:
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How long is the notice of Overseas Direct Investment Projects Filing valid?
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A:
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Two years.
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Q:
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Is it necessary to renew the notice of Overseas Investment Projects Filing after its expiry?
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A:
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Yes, the application for extension of the validity period shall be submitted 30 working days before its expiry.
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SOALAN LAZIM
