Legal Liability Issues in Shenzhen’s Overseas Investment Filing Failure to Declar according to Law

Issues regarding legal responsibilities for application for overseas investment registration and approval by the National Development and Reform Commission：1、The legal liability for inaccurate contents of the project application report is based on the provisions of Article 28 of the "Administrative Measures"，Investment entities shall verify the authenticity of overseas investment project application reports or project filing application forms and attachments.、Responsible for legality。

Investment entities violate laws and regulations during the application process of overseas investment projects，Concealing relevant information or providing false materials，The National Development and Reform Commission will not accept or approve the application、Filing;Approval documents or filing notices have been obtained，The National Development and Reform Commission will revoke the approval document or filing notice，and give warning。

1. The legal liability for failure to apply for approval and filing in accordance with the law is based on the provisions of Article 29 of the "Administrative Measures"，For projects that have not been approved or filed in accordance with the law，Or projects that are not implemented in accordance with the approval documents or filing notices，The National Development and Reform Commission will work with relevant departments to order domestic companies to stop project implementation，and request or hand it over to the relevant authorities to investigate the legal liability of the relevant responsible persons in accordance with the law.。
2. Legal liability for carrying out substantive work without submitting project information in accordance with the law For investment entities that should submit project information reports but do not obtain a confirmation letter for the information report but carry out substantive work externally，The National Development and Reform Commission will inform and criticize，order it to correct。

For serious nature、Causing serious damage to national interests，The National Development and Reform Commission will work with relevant departments to impose penalties in accordance with the law.，and request or hand it over to the relevant authorities to investigate the legal liability of the relevant responsible persons in accordance with the law.。Related products：Legal Liability Issues in Shenzhen’s Overseas Investment Filing Failure to Declar according to Law

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