Do domestic enterprises need NDRC's approval to set up branches overseas?

Legal Analysis: Matters with a Chinese investment of less than US$ 300 million do not need the approval or filing of the National Development and Reform Commission, and the commercial department can independently complete the approval.

Legal basis: Branch companies can be established in Article 14 of People's Republic of China (PRC) Company Law. The establishment of a branch company shall apply to the company registration authority for registration and obtain a business license. A branch company does not have legal person status, and its civil liability shall be borne by the company. A company may set up subsidiaries, which have legal personality and independently bear civil liabilities according to law.