China allows the profits, dividends and bonuses of foreign-invested enterprises or overseas stock issuing enterprises to be remitted abroad. For the remittance of profits, dividends and bonuses, you only need to go directly to the bank with relevant documents, without the prior approval of the foreign exchange bureau, and the bank will report the remittance of corporate profits, dividends and bonuses to the local foreign exchange management department afterwards.
According to the Notice on Issues Concerning the Remittance of Profits, Dividends and Bonuses by Designated Foreign Exchange Banks, if the remittance amount is more than US$ 654.38+million (including US$ 654.38+million) or the foreign exchange bureau thinks it is in doubt, the foreign exchange bureau has the right to conduct spot checks to verify the authenticity of the remitted profits.