I. Reporting entities
1. If there are changes to the information in the initial report that involve enterprise registration (filing), foreign-invested enterprises should submit a change report through the enterprise registration system when handling enterprise registration (filing) changes.
2. If there are changes to the information in the initial report that do not involve enterprise registration (filing), foreign-invested enterprises should submit a change report through the same system within 20 working days after the occurrence of the change. If the resolution of the change is made according to the articles of association, the time of the resolution is considered the occurrence time of the change. If laws and regulations have other requirements for the effectiveness conditions of the change, the time of the enterprises meeting the corresponding requirements is considered the occurrence time of the change.
3. Foreign-invested listed companies and companies listed on the National Equities Exchange and Quotations system may only report changes in investor and shareholding information when the cumulative change in foreign investor shareholding exceeds 5 percent or causes a change in foreign control or relative control status.
4. Investment companies, venture capital enterprises and partnership enterprises primarily engaged in investment established by foreign investors in China should follow the guidelines for submitting change reports similar to foreign investors establishing foreign-invested enterprises within China.
5. Non-corporate forms of foreign investments should refer to foreign-invested enterprises for submitting change reports.
6. Foreign investors in the banking, securities, insurance, and other financial industries invested in China should refer to foreign-invested enterprises for submitting change reports.
7. Enterprises invested by investors from the Hong Kong special administrative region, Macao special administrative region, China's Taiwan, and Chinese citizens settled abroad should refer to foreign-invested enterprises for submitting change reports.
II. Reporting process
1. Foreign-invested enterprises log in to the Tianjin Enterprise Registration Full Electronic Service Platform (http://qydj.scjg.tj.gov.cn/reportOnlineService/) to submit investment information. The market supervision department will forward the information to the appropriate department. Upon the system's verification and confirmation, the change report is considered completed. Foreign investors can check the status of the change report through the Foreign Investment Information Report Publicity System (http://wzxxbg.mofcom.gov.cn/gspt/).
2. If foreign investors discover any unreported, misreported, or omitted investment information, they should promptly supplement or correct it through the Tianjin Enterprise Registration Full Electronic Service Platform.
3. If the system or the commerce competent department finds that foreign investors have failed to report, misreported, or omitted information, and notifies them to supplement or correct, foreign investors should do so within 20 working days through the Tianjin Enterprise Registration Full Electronic Service Platform.
4. The submission of investment information is not a prerequisite for foreign investors or foreign-invested enterprises to handle enterprise registration or other procedures. If foreign investors or foreign-invested enterprises need to obtain an information report receipt, they can apply for it from the regional commerce competent department where they are registered.
III. Legal responsibilities
1. Foreign investors or foreign-invested enterprises that fail to submit investment information and do not supplement or correct it as required by the commerce competent department within 20 working days after notification shall be ordered to correct it. Failure to correct it within the specified period may result in a fine of not less than 100,000 yuan and not more than 500,000 yuan.
2. Commerce competent departments, upon discovering relevant situations where foreign investors or foreign-invested enterprises have not fulfilled their information reporting obligations in the course of supervision and inspection, should record them in the Foreign Investment Information Report System and improve credit supervision in accordance with relevant national regulations.
3. Foreign investors or foreign-invested enterprises receiving administrative penalties for violating information reporting obligations may be publicly disclosed on the publicity platform of the Foreign Investment Information Report System by the commerce competent department. The relevant information may also be incorporated into the national credit information system in accordance with relevant regulations.
4. Commerce competent departments may share information about foreign investors and foreign-invested enterprises fulfilling information reporting obligations and receiving corresponding administrative penalties with relevant departments such as market supervision, foreign exchange, customs, and taxation.
Copyright © 2024 Tianjin Municipal People's Government. All rights reserved.
Copyright © 2024 Tianjin Municipal People's Government. All rights reserved.