China allows FIEs and enterprises issuing shares offshore to remit their profits, dividends and bonuses out of the country. Such remittances do not require the prior approval of SAFE. The enterprises, by presenting the necessary documents, can make the remittance direct through the bank, which will report details of the remittance to the local foreign exchange administration.
Documents and Procedures for Remittance of Profits, Dividends and Bonuses
1. Documents to be submitted to bank
Tax payment statement and tax return (enterprises eligible for taxexemption and reduction should also submit proofsissued by local taxoffice); Audited report prepared by accounting firm on profits, dividends andbonuses of the current year; Resolution of the board of directors on dividend and bonus distribution; Foreign exchange registration certificate of foreign-invested enterprise.
2. Bank verifies authenticity of documents
3. Bank completes remittance procedures done, bank will keep photocopies of these two documents for record.
4. Bank reports to local foreign exchange administration dividends and bonuses remitted by FIEs.
杨春宝一级律师简介
杨春宝一级律师，大成上海高级合伙人、资本市场部主任、国资基金研究中心主任，大成中国区私募基金专业带头人、科技与文化法律研究中心联合牵头人。执业30余年，长期从事私募基金、投融资、并购重组法律服务，尤其对对赌研究颇深且具有非常丰富的实战经验，并专注于金融机构股权投资业务。2004年起多次入选The Legal 500"私募基金"和"公司与商业"等境内外各类律师榜单，代理的中国法院首例适用外国法律审理外国公司的董事损害小股东权益纠纷案入选上海高院发布的《上海法院域外法查明典型案例》和威科先行"要案头条"。入选上海涉外法律人才库、上海市司法局鼎新法治人才库、上海国有企业改制法律顾问团，具有上市公司独立董事任职资格，系多家知名高校的兼职教授或兼职研究生导师及上海市商务委跨国经营人才培训班讲师。出版《私募股权投资基金风险防控操作实务》等16本投融资法律专著。了解更多常见法律问题
外资企业如何汇出利润？
企业提交相关文件后，可直接通过银行汇款，银行将报告汇款详情。
汇出利润需要哪些文件？
包括税务支付证明、审计报告、董事会决议和外汇登记证等。
汇款是否需要事先批准？
不需要，只需提交相关文件即可。
以上内容仅供参考，不构成法律意见。如需专业法律服务，请联系杨春宝一级律师：chambers.yang@dentons.cn
