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Department of Commerce overseas investment record focus on those?

Released Date: Jul 09,2022 Article Source: HUANZE

If a domestic company wants to invest abroad to set up overseas companies, it needs to go to the Department of Commerce to do the record of foreign investment, then the department of Commerce for the record of this kind of investment is mainly concerned about what?

If a domestic company wants to invest abroad to set up overseas companies, it needs to go to the Department of Commerce to do the record of foreign investment, then the department of Commerce for the record of this kind of investment is mainly concerned about what?

One is the establishment of the foreign investment of this overseas company has no business substance, is not really to do business, if there is a real business to do, as long as the file submitted complete, the business hall generally will not refuse to record. The other is whether the amount of foreign investment is used reasonably. When filing the record, we must reasonably explain the use of the amount of foreign investment, and it is better to have corresponding documents as support to prove that we really need so much capital for overseas investment. As long as the explanation is reasonable and the supporting documents are sufficient, we will basically not refuse.

The above is the focus of attention of the Department of Commerce when reviewing foreign investment. If there are enterprises to do the record of foreign investment, we must pay attention to the business substance and reasonable use of funds.

Department of Commerce overseas investment record focus on those?

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