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Which departments do Chinese-foreign joint ventures need approval to set up subsidiaries overseas?
Belonging to overseas investment, the main management departments are the commercial department and the foreign exchange bureau, and some industries still need to pass the National Development and Reform Commission. Overseas investment countries have subsidies, and you can consult the business department or the Finance Bureau about subsidies.

Materials submitted to the commercial department:

(1) An application, the main contents of which include the name, registered capital, investment amount, business scope, operating period, description of the source of investment funds, specific investment contents, equity structure, analysis and evaluation of investment environment, and descriptions of situations not listed in Article 9 of these Measures, etc. ;

(2) A copy of the business license of the enterprise;

Articles of association of overseas enterprises and relevant agreements or contracts;

(four) the approval or filing documents of the relevant state departments;

(5) For overseas investment in M&A, the Pre-Report Form for Overseas M&A Matters shall be submitted.

(six) other documents required by the competent department.

Materials submitted to the foreign exchange bureau:

(1) Apply in writing and fill in the Application Form for Foreign Exchange Registration of Overseas Direct Investment (for the format, see Regulations on Foreign Exchange Management of Overseas Direct Investment by Domestic Institutions, Huifa No.200930); ?

(2) explanation of the source of foreign exchange funds; ?

(3) The valid business license or registration certificate and organization code certificate of the domestic institution; ?

(four) the approval document or certificate of the investment by the commercial department; ?

(5) If the upfront expenses are remitted, relevant explanatory documents and remittance vouchers shall be provided; ?

(6) Other materials required by the foreign exchange bureau.