Domestic enterprises investing abroad need to apply for an investment certificate in the commercial department (specifically limited to the amount of investment, the Ministry of Commerce or the provincial department of commerce). Then go through the foreign exchange formalities with the local foreign exchange administration. According to the principle of territorial management, overseas branches do not need to go through industrial and commercial and tax registration procedures in China.

Domestic institutions make overseas investments through these overseas enterprises or institutions. These overseas enterprises or institutions are not legal entities in the Mainland of China and are not bound by relevant laws in the Mainland. However, when domestic institutions invest overseas through these overseas institutions, they still need to go through the corresponding examination and approval procedures in accordance with the domestic policies and regulations on the examination and approval of enterprise investment projects. Like international practice, natural persons with investment qualifications in China can also invest abroad.

Overseas investment expansion materials are invested in a wide range of assets, including monetary funds, stocks, bonds, trust certificates and other financial assets, various physical assets, intellectual property rights, proprietary technology and other intangible assets. Therefore, as long as the assets are exported overseas, in any way, the corresponding administrative licensing procedures should be performed in accordance with the relevant provisions on the examination and approval of overseas investment projects.

Including the initial investment and reinvestment of all kinds of new projects and reconstruction and expansion projects, as well as equity investment activities such as acquisition, merger, equity participation, capital increase and share expansion, and also including the act of providing guarantees for overseas investment.

Baidu encyclopedia-overseas investment