Investment Code

1) Notification period

① Under the Foreign ExchangeTransaction Act, notification should take place before the capital is wiredoverseas, but the best timing is to make a notification when a business plan isconfirmed or after obtaining investment permission from the investing countryor after signing joint investment agreement.

② Follow-up notification: if investment took place before notificationor investment amount is different with the amount reported, follow-upnotification is available.

2)Required documents

Twocopies of foreign direct investment declaration two copies of application forchange of foreign exchange bank designation, business plan, confirmationdocuments for investors (copy of business license, resident registrationcertificate, tax payment recipient), contract of business relation, two copiesof investment in kind receipt

3)Foreign investment through stocks

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