What Is an Authorized Investment?

Overseas investment refers to activities in which an investment entity obtains overseas ownership, management rights, and other related rights by investing in assets and rights such as currency, marketable securities, physical property, intellectual property or technology, equity, and creditor's rights or providing guarantees. China's outbound investment began at the beginning of reform and opening up. However, at that time, the international balance of payments was under great pressure, foreign exchange funds were short, investment entities were single (mainly state-owned enterprises), and international market experience was inadequate. Therefore, overseas investment was mainly to establish trading companies or window companies, and the investment scale was small. Over the past 20 years, China's outbound investment has grown from scratch, especially since the mid-1990s, China's outbound investment has shown rapid development.

Overseas Investment

By the end of 1998, the number of overseas enterprises had reached 5,666, and the total investment of the Chinese side of the agreement was US $ 6.33 billion. From 1979 to the end of 2001, China has accumulated

1. The fields involved in allowing enterprises to invest abroad. From the perspective of the country's macroeconomic guidance, the industries involved in Chinese enterprises' overseas investment have focused on trade development from resource development, industrial and agricultural production and processing, engineering contracting, assembly enterprises, transportation, finance, insurance, and medical care.

China is still

China has gradually liberalized the approval and management of overseas investments. For hotspot and non-hotspot countries and regions, the state has set up a slightly different approval system. According to the latest national documents, the scope of hotspot countries and regions has been further reduced, and the list has been adjusted to: the United States, Japan, Singapore, North Korea, Pakistan, Israel, Iraq.

Although the overseas investment of Chinese companies has developed rapidly in recent years,

According to the relevant person in charge of the National Development and Reform Commission, China's overseas investment cooperation has achieved remarkable results. During the "11th Five-Year Plan" period, the average annual growth rate of foreign direct investment reached 34.3%. According to preliminary statistics, as of the end of 2011, China's foreign direct investment totaled US $ 382.3 billion, and that year it invested US $ 65.1 billion in 132 countries and regions, ranking first among developing countries. Among them, the proportion of non-state-owned enterprises (mainly private enterprises) in China's overseas investment flows has continued to rise, reaching about 44% in 2011.

It is understood that the National Development and Reform Commission has decentralized the approval authority for overseas investment projects with resources of less than US $ 300 million and non-resource development projects of less than US $ 100 million, which has further strengthened the status of enterprises as investment subjects. ^[1]

In order to facilitate the citizens to declare overseas investment projects, this article is compiled based on personal work experience. If there are changes in the actual declaration, please follow the instructions of the staff to declare. ---- 2012.01.23

All certificates related to the qualification of the enterprise shall be issued by qualified third-party organizations, such as audit reports, evaluation reports, etc.

All matters that are in doubt, especially major issues, are best to consult directly with the relevant government staff, do not trust the intermediary company.

Overseas investment declaration unit

For projects cooperating with multiple units, the main unit (one) should submit the project materials to the Shenzhen Development and Reform Commission.

Preparation of overseas investment materials

The Shenzhen Municipal Development and Reform Commission announced on the Internet that there are a lot of materials that need to be submitted by enterprises, but when submitting materials, enterprises only need to submit according to the actual situation of the project:

1. If there is no cooperation with the foreign party, only the relevant materials of the Chinese party (ie the reporting unit) need to be provided. If the project of an overseas subsidiary is involved, relevant materials of the overseas subsidiary still need to be provided.

2. If there is no investment in kind or securities, it is not necessary to provide this part of the materials.

3. If there is no bank financing, it is not necessary to provide this part of materials.

4. For non-mergers and acquisitions, there is no need to provide confirmation and other materials.

Contents of overseas investment projects

1. Please provide true and detailed project materials, especially the application report and related materials can really show that the application unit has carefully considered and has a feasible plan for the investment, and it will be easier to pass the project approval.

2. When setting up an enterprise, when the Shenzhen Development and Reform Commission reports the project, please refer to the construction project to prepare an application report.

Overseas investment funds

1. The enterprise obviously cannot afford the overseas investment project and generally will not be approved.

2. The source of funds should be clearly stated in the application report, such as: "" Own X currency purchase X currency contribution "," Contribute capital by own foreign exchange ", etc. (X currency refers to various currencies such as RMB, USD, etc.)

3. Please submit relevant certificates according to the different forms of capital contribution. If you use "own US dollars to purchase Hong Kong dollar capital", you must provide relevant certificates with sufficient US dollars (US dollar accounts, etc.).