Foreign exchange investment is not illegal, and foreign exchange investment transactions are legal investment in China.
Foreign exchange investment refers to the joint venture investment made by an enterprise in cooperation with other units with foreign currency assets or by other units with foreign currency assets as capital. Therefore, enterprise investment includes two aspects, namely, investment and investment, which refers to the exchange behavior between different currencies carried out by investors in order to obtain investment income.
Foreign exchange is the abbreviation of international exchange, which has both dynamic and static meanings.
The meaning of dynamics refers to a special commercial activity of converting one country's currency into another country's currency to pay off international creditor's rights and debts.
Static refers to foreign currency that can be used for international settlement and assets expressed in foreign currency.
The term foreign exchange usually refers to its static meaning.
Its characteristics are high risk, controllable risk, flexible operation, large leverage ratio and high income.
Article 9 Foreign exchange receipts and payments for personal current account operations shall be handled in accordance with the following provisions:
(1) Individual foreign trade operators shall purchase, pay and settle foreign exchange through their foreign exchange settlement accounts; Its foreign exchange receipts and payments, import and export verification and balance of payments declaration are managed by the agency.
Individual foreign trade operators refer to individuals who have gone through industrial and commercial registration or other practice procedures in accordance with the law, obtained individual industrial and commercial business licenses or other practice certificates, registered for the record in accordance with the provisions of the competent department of commerce of the State Council, obtained the right to operate foreign trade, and engaged in foreign trade business activities.
(2) If an individual industrial and commercial household entrusts an enterprise with the right to operate foreign trade to handle import, I will purchase foreign exchange by virtue of the import agency contract or agreement signed with the agency, and the purchased foreign exchange will be directly transferred to the current account of the agency through my foreign exchange settlement account.
Individual industrial and commercial households can collect and settle foreign exchange through their own foreign exchange settlement accounts if they entrust enterprises with the right to operate foreign trade to handle exports. Settlement of foreign exchange shall be handled by the export agency contract or agreement signed with the agency and the export goods declaration form of the agency. After the agency enterprise reports the written-off materials such as the name and account number of individual industrial and commercial households to the local foreign exchange bureau, it can use the Notice of Account Collection of Individual Industrial and Commercial Households as a verification certificate.
(3) The settlement of foreign exchange under the mode of overseas individual travel shopping trade shall be handled with my valid identity certificate and personal travel shopping declaration form.