WOS UNION

Overseas Direct Investment

For Chinese enterprises, ODI is an activity in which it directly or through its controlled overseas enterprise obtains overseas ownership, control, management and other rights by investing in assets, equity, or providing financing, guarantees, etc. When domestic enterprises invest in Hong Kong, Macao, Taiwan and other countries and regions, whether it is a company, a project or an equity acquisition, as long as it involves directly or indirectly acquiring the ownership, control, and management rights of an overseas company, they need ODI approval. If the overseas investment involves sensitive countries or regions and sensitive industries, special approval is also required.

Overseas Direct Investment

Our key advantages

All-round support for ODI's new establishment or merger and subsequent changes, such as structuring involving SPVs for management and tax benefits, feasibility report, foreign exchange registration.

Professional guidance for special situations where two or more domestic investors jointly invest in the same overseas project, or jointly establish a limited partnership or limited liability company in China (joint ODI reporting entities).

Ongoing compliance services, including registration at the local Chinese embassy or consulate, or the Liaison Office in Hong Kong and Macau, to obtain the registration receipt, the annual report of the State Administration of Foreign Exchange, the monthly and annual reports of the Ministry of Commerce.

Related services

Company Formation >‍

Red Chip and VIE Architecture >‍

Foreign Direct Investment‍ >

Accounting and Audit >

International Tax Planning‍ >

What are the compliance requirements after the completion of ODI filing?

The Development and Reform Commission and the Commerce Commission have clear requirements on the matters to be declared after obtaining the filing notice and the overseas investment certificate, but these requirements are simply informed by the relevant authorities and not always reminded, so it is naturally easy to ignore their importance, and it is impossible to make up for it if something is missed. Therefore, after the completion of ODI, enterprises should pay special attention to and complete the following follow-up declarations and annual reports in a timely manner.

Ministry of Commerce: report of overseas enterprise registration status; report on unexpected situations; semi-annual report on compliance, report of obstacles and issues on the overseas investment; monthly report on direct investment; monthly report on reinvestment; monthly report on small scale investment.
Development and Reform Commission: Major adverse situation report; project completion report.
Foreign Exchange Administration: annual registration of stock equity in overseas direct investment.

In addition, you should also pay attention to various government notices, especially when there are new requirements and changes, as a small oversight may have a big impact.

The Masterplan of Your Global Business.

WOS UNION is a professional service provider that integrates business structuring, finance, taxation, and legal matters. We are committed to offering you peace of mind in your international business expansion.