中国投资者境外投资指南

Guidelines for Chinese Investors Engaging in Outbound Investments
In recent times, there has been a notable increase in outbound investments from China, marking a prominent trend. Due to the seemly abundance of opportunities offered by foreign countries, Chinese enterprises are increasingly expanding their investments overseas, seeking to capitalize on these advantageous prospects beyond their domestic market. Vietnam stands out as one of the countries receiving investments from Chinese enterprises. This article examines the requisite conditions and procedures that Chinese Investors must adhere to when engaging in outbound investments in Vietnam.
The major regulators of outbound investments in China are the Ministry of Commerce (MOFCOM),the National Development Reform Commission (NDRC), the State Administration of Foreign Exchange (SAFE) and the People’s Bank of China (PBOC).
When a Chinese company intends to make investments overseas, it is important to adhere to several regulatory procedures mandated by the NDRC rules and other regulations.
The NDRC procedure: Provided for under Regulation No. 11
The determination of whether an investment project necessitates approval or mere notification to the NDRC is primarily dependent on three criteria: the project’s sensitivity, the classifications as a direct or indirect investment, and the investment volume. The potential sensitivity classification of a sector can be obtained from an official catalog published by the commission.
Regulation No.11 provides for both Sensitive and non-sensitive projects, outlining the requirements for obtaining approval from the NDRC for both types. Let’s briefly discuss these requirements: for sensitive projects, the Chinese investor is required to obtain verification by the NDRC for both domestic investors and domestic investors controlling overseas enterprises, this process involves a comprehensive review of the merits of the transaction. The NDRC is required to make a decision within 20 working days. On the other hand, for non-sensitive projects the Chinese investor is required to submit a record-filing at NDRC, and the NDRC is expected to process the filing notice within 7 days after accepting the relevant submission. Furthermore, for non-sensitive projects surpassing USD 300 million, a project investment report must be submitted. In this case, logistics is categorized as a non-sensitive project; therefore, the only requirement is to make an NDRC filling.
The approval and registration process with the Ministry of Commerce is the same as that of the NDRC. Therefore, the determination of the applicable procedure here also hinges on both the nature of the investment and the specific sector it is intended for.
The procedure at the Ministry of Commerce (MOFCOM) and Registration in the bank
Investors interested in engaging in outbound investments are required to obtain their “Outbound Investment Certificate for Enterprises” from the MOFCOM as a preliminary step.
This application is made online and upon submission of the application, the applicant must provide the original documents to the MOFCOM. Once the MOFCOM confirms the validity of all submitted documents, feedback regarding filling or approval will be provided within a week.
Following the registration process at both MOFCOM and NRDC, investors can proceed to register at the bank for outbound investment purposes and the opening of a special-purpose bank account. The bank will handle the SAFE registration process, serving as the representative of the SAFE. The subsequent cross-border transfers or payment must be conducted through the designated account.
In conclusion, the procedure for outbound investments in China involves obtaining necessary certifications from MOFCOM and NDRC, followed by registration at a designated bank for the management of funds and compliance with SAFE regulations. This structured process not only ensure regulatory adherence but also facilitates the smooth execution of investments abroad. By streaming administrative procedures and offering clear guidelines, China’s outbound investment framework provides investors with greater certainty and access to opportunities abroad, ultimately fostering economic growth.
中国投资者境外投资指南
近来，中国对外投资显著增加，成为一个突出的趋势。由于外国提供了大量机会，中国企业越来越多地扩大海外投资，寻求利用国内市场以外的有利前景。越南是接受中国企业投资的国家之一。本文探讨了中国投资者在越南进行境外投资时必须遵守的必要条件和程序。
中国对外投资的主要监管机构是商务部（MOFCOM）、国家发展和改革委员会（NDRC）、国家外汇管理局（SAFE）和中国人民银行（PBOC）。
当中国公司打算进行海外投资时，必须遵守发改委规则和其他法规规定的若干监管程序。
一、发改委程序：第11号条例规定
确定一个投资项目是否需要获得国家发改委的批准或仅需向其通报，主要取决于三个标准：项目的敏感性、直接投资或间接投资的分类以及投资额。一个部门的潜在敏感性分类可从发改委公布的官方目录中获得。
第11号条例规定了敏感项目和非敏感项目，概述了两类项目获得国家发改委批准的要求。让我们简要讨论一下这些要求：对于敏感项目，中国投资者需要获得国家发改委的核查，对于国内投资者和控制海外企业的国内投资者，这一过程涉及对交易优点的全面审查。国家发改委须在 20 个工作日内做出决定。另一方面，对于非敏感项目，中国投资者需向国家发改委提交备案材料，国家发改委预计在受理相关材料后7天内处理备案通知书。此外，超过 3亿美元的非敏感项目也必须提交项目投资报告。在这种情况下，物流被归类为非敏感项目，因此，唯一的要求是进行发改委填报。
商务部的审批和登记程序与发改委相同。因此，如何确定适用的程序也取决于投资的性质和投资的具体行业。
二、商务部（MOFCOM）的程序和银行注册
有意进行境外投资的投资者首先需要从商务部获得“企业境外投资证书”。
该申请在网上进行，提交申请后，申请人必须向商务部提供文件原件。一旦商务部确认所有提交文件的有效性，将在一周内提供有关填写或批准的反馈意见。
在商务部和国家发改委完成注册程序后，投资者可在银行进行境外投资注册，并开立专用银行账户。银行将作为国家外汇管理局的代表办理国家外汇管理局的注册手续。随后的跨境转账或支付必须通过指定账户进行。
总之，在中国境外投资的程序包括获得商务部和国家发改委的必要认证，然后在指定银行注册，以管理资金并遵守国家外汇管理局的规定。这种结构化的流程不仅能确保遵守法规，还能促进海外投资的顺利进行。通过简化行政程序和提供明确的指导方针，中国的境外投资框架为投资者提供了更大的确定性和获得海外机遇的机会，最终促进了经济增长。