I. Report entities
1. Foreign investors establishing foreign-invested enterprises within China are required to submit an initial report through the enterprise registration system while completing their registration.
2. Foreign investors engaging in equity mergers and acquisitions of domestic non-foreign-invested enterprises should submit an initial report through the enterprise registration system when processing the registration changes for the acquired enterprise.
3. Investment companies, venture capital enterprises, and partnership enterprises primarily engaged in investment established by foreign investors in China should follow the guidelines for submitting initial reports similar to foreign investors establishing foreign-invested enterprises within China.
4. Non-corporate forms of foreign investment should follow the guidelines for submitting initial reports similar to foreign investors establishing foreign-invested enterprises within China.
5. Foreign investors in the banking, securities, insurance, and other financial sectors within China should follow the guidelines for submitting initial reports similar to foreign investors establishing foreign-invested enterprises within China.
6. Investors from the Hong Kong special administrative region, Macao special administrative region, China's Taiwan, and Chinese citizens settled abroad should follow the guidelines for submitting initial reports similar to foreign investors establishing foreign-invested enterprises within China.
II. Reporting process
1. Foreign investors should 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 investment information to the commerce department. Upon the system's verification and confirmation by the commerce department, the initial report is considered complete. Foreign investors can check the status of the initial report through the publicity platform of the Foreign Investment Information Report System (http://wzxxbg.mofcom.gov.cn/gspt/).
2. If foreign investors find any unreported, misreported, or omitted investment information, they should promptly make supplementary reports or corrections through the Tianjin Enterprise Registration Full Electronic Service Platform.
3. If the system or the commerce competent department identifies any unreported, misreported, or omitted information, and notifies the foreign investors to make supplementary reports or corrections, the 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 in accordance with requirements and do not supplement or correct it within 20 working days after notification shall be ordered to make changes. 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 finding relevant situations where foreign investors or foreign-invested enterprises have not fulfilled their information reporting obligations, 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.