2. The Ministry of Commerce of the People's Republic of China examines and certifies the business reception unit for approval and filing, and issues the company's overseas investment qualification certificate. The company shall invest in overseas projects within 2 years after obtaining the qualification certificate.
3. The filing of foreign exchange transactions of financial institutions by SAFE shall be controlled by SAFE. If the project investment is more than 5 million dollars, it shall be reported to the foreign management unit.
4. After the approval of the foreign exchange management unit, issue the foreign exchange registration certificate for spot overseas transactions to regional companies.
5. The above is the review process. The original materials that must be submitted include detailed information of overseas enterprises, financial audit reports of major enterprises in the region, good profitability, business license, bank account, company seal, etc.
Legal basis: Article 9 of People's Republic of China (PRC) Administrative Licensing Law * * * An administrative license obtained according to law may not be transferred except in accordance with legal conditions and procedures stipulated by laws and regulations.