Foreign investment compliance

Once licensed, a foreign-invested enterprise must maintain a series of periodic compliance obligations: quarterly and annual investment activity reports on the National Foreign Investment Information System, tracking charter capital contribution against the registered commitment, managing capital flows through the direct investment capital account (DICA), and updating the Investment Registration Certificate whenever the scale, location or objectives of the project change. These obligations are easy to miss because they are spread across several authorities and several deadlines, while late or omitted reports can lead to administrative penalties and affect the legal standing of the project later on.

• Preparing and filing periodic investment activity reports (quarterly and annual) on the National Foreign Investment Information System
• Tracking charter capital contribution and flagging the contribution deadline under the registered commitment
• Advice on managing the direct investment capital account (DICA) and the related capital transactions
• Reviewing and updating the Investment Registration Certificate when the project changes
• Support with reporting foreign loans and repayments to the State Bank where applicable
• Preparing files for inspections and audits by the investment authorities
• Periodic review of continuing compliance with market-access conditions
• Advice on handling administrative violations relating to investment reporting obligations