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Open a foreign exchange capital account
(1) The customer shall go through the formalities of foreign exchange registration and opening a capital account at the Capital Account Department of the SAFE with relevant information. Remarks: According to foreign exchange laws and regulations, enterprises must register for foreign exchange within 30 days from the date of issuance of business licenses. If an enterprise goes through the formalities of foreign exchange registration within the time limit, it is also required to provide the original invoice and 1 copy of the protest against the postponement of foreign exchange registration and the business license of enterprise as a legal person. (2) If it meets the requirements after examination, the foreign exchange bureau shall issue a foreign exchange registration certificate and an approval document for opening a capital account to the enterprise. (3) The customer shall go through the account opening formalities at the International Business Department of the Municipal Associated Press with relevant information. (4) After opening an account, the customer returns to the foreign exchange bureau with the copy of the approved enterprise and the foreign exchange registration certificate for confirmation. ⑤ After confirmation, the customer will return a copy of the account opening registration page in the Foreign Exchange Registration Certificate of Foreign-invested Enterprises to the International Business Department for filing.