The principle of ODI fund remittance audit is mainly based on the relevant regulations of the State Administration of Foreign Exchange, aiming at ensuring the legality, compliance and authenticity of fund remittance.

1, understand the source of funds.

Know the source of funds in detail, including but not limited to the source, nature and use of funds. To judge its legitimacy and compliance.

2. Due diligence

Conduct due diligence on relevant business parties, including their qualifications, reputation, business background, etc. To ensure that they comply with relevant laws and regulations.

3. Review the transaction contract

Strictly review the transaction contract, including the content of the contract, the signing subject and the contract amount. To ensure the authenticity and compliance of the transaction.

4. Pay attention to the flow of funds

Pay close attention to the flow of funds, ensure that the use of funds meets the agreement, and prevent illegal use and money laundering.

5, regular audit and inspection

Regular audits and inspections Conduct regular audits and inspections of related businesses to ensure the compliance and authenticity of business operations.

Principles, objectives and significance of ODI capital remittance audit

1 and ODI overview

Overseas direct investment refers to the direct investment of China enterprises or investors overseas. ODI aims to promote the internationalization of China enterprises, expand overseas markets and resources, and enhance international competitiveness. ODI investment includes but is not limited to equity investment, bond investment, mergers and acquisitions, etc.

2. The purpose and significance of overseas direct investment capital remittance.

The main purpose of ODI fund remittance is to support China enterprises to make direct investment and business activities overseas, and to promote overseas business expansion and resource development. Through ODI capital remittance, China enterprises can obtain overseas high-quality assets and resources, expand market share, enhance brand influence and gain advanced technology and management experience.

ODI remittance can also promote international trade cooperation and cultural exchange, and promote economic ties and cooperation between China and overseas markets.