Current location - Loan Platform Complete Network - Foreign exchange account opening - State Administration of Foreign Exchange Zhongshan Center Sub-bureau
State Administration of Foreign Exchange Zhongshan Center Sub-bureau
Legal subjectivity:

Foreign exchange registration can only be carried out after the approval of the National Development and Reform Commission and the Ministry of Commerce. In 2009, the State Administration of Foreign Exchange promulgated the Regulations on Foreign Exchange Management of Overseas Direct Investment by Domestic Institutions (Huifa [2009] No.30), which stipulated that after the overseas direct investment of domestic institutions was approved by the competent department of overseas direct investment, they should go to the local foreign exchange bureau for foreign exchange registration of overseas direct investment with relevant materials. After obtaining the aforementioned foreign exchange registration, the domestic institution shall go through the formalities of remittance of overseas direct investment funds at the designated foreign exchange bank with the approval document of the competent department of overseas direct investment and the Foreign Exchange Registration Certificate for Overseas Direct Investment; Designated foreign exchange banks shall handle it after the authenticity examination. The purpose of SAFE's review is mainly to ensure that foreign exchange funds are owned by prospective investors, and no economic or commercial factors will be considered in the review process. The process of overseas companies acquiring domestic companies. As can be seen from the above, the procedures for overseas companies to acquire domestic companies are quite complicated, and there must be no mistakes in the process of examination and approval, otherwise the examination and approval may not be successful, and then the acquisition is impossible. I also hope that overseas companies that want to buy domestic enterprises can have a simple understanding through the introduction of this article. If a domestic company is acquired, but you don't know the process, then find a professional agency.