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Do I need to make investment filing for registered companies in Hong Kong?

Released Date: May 08,2022 Article Source: HUANZE

 More and more enterprises choose to register Hong Kong companies, registered Hong Kong companies need to do the investment record? According to the policy, if a domestic enterprise invests in a Hong Kong company, it needs to submit the overseas investment record to the Department of Commerce and the National Development and Reform Commission, that isODIFor the record.

 More and more enterprises chooseRegistered Hong Kong companyDoes the registered Hong Kong company need to make investment filing? According to the policy, if a domestic enterprise invests in a Hong Kong company, it needs to submit the overseas investment record to the Department of Commerce and the National Development and Reform Commission, that isODIFor the record.

Only after the investment filing can the domestic parent company transfer the registered capital and the funds needed for the operation of its overseas Hong Kong subsidiary from the bank to the account of its overseas Hong Kong subsidiary. At the same time, after the filing is made, the profits obtained from the operation of the overseas Hong Kong company can also be transferred back to the account of the domestic parent company through dividends. If the investment record is not made, due to the domestic foreign exchange control policy, the funds cannot be transferred in and out of the way of investment and dividends. If a Hong Kong company wants to open an account with a Chinese bank, many banks currently require an investment filing certificate to open an account. If it's an individual investmentRegistered Hong Kong company, according to the current policy provisions, cannot be put on record.

Investment filing is a domestic policy requirement. As for the Hong Kong Companies Registry, it isRegistered Hong Kong companyThe required information does not include the investment filing procedures.To sum up, when setting up a Hong Kong company, enterprises should consider whether to record overseas investment according to their own needs.

Do I need to make investment filing for registered companies in Hong Kong?

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