The National Development and Reform Commission and other departments have issued the "Notice on Implementing Measures to Encourage Foreign-Invested Enterprises to Reinvest Domestically."
According to the Securities Times App, on July 18th, the National Development and Reform Commission and other departments issued a notice on the implementation of measures to encourage foreign-invested enterprises to reinvest domestically. The notice mentions that, under the premise of complying with special management measures for foreign investment access and the authenticity and compliance of domestic investment projects, foreign-invested enterprises can carry out domestic reinvestment with foreign exchange capital or RMB funds obtained through exchange settlement without the need for the invested companies or equity transferors to go through the registration procedures for receiving domestic reinvestment.
Supporting foreign-invested enterprises in domestic reinvestment, flexible methods such as long-term leasing of industrial land, leasing before transferring, and flexible term transfers can be adopted to reduce initial land costs. The specific methods will be implemented in accordance with existing policies that encourage and support.
Latest