According to the Measures for the Administration of Overseas Investment of Enterprises, all enterprises in mainland China who want to set up new subsidiaries, offices, factories, mergers and acquisitions, equity participation and other investment activities in China, Hong Kong, Macao and Taiwan or foreign regions must first go through ODI overseas investment filing, otherwise it is illegal, and banks will prohibit their funds from entering or leaving the country. At present, enterprises applying for ODI overseas investment filing will generally encounter the following six situations:

1. There are actual projects overseas (newly established/acquired overseas enterprises, established overseas offices).

2. The listing compliance requirements of overseas enterprises and the construction of overseas equity incentive platform.

3. The enterprise opens an NRA account, and the equity penetration involves domestic natural persons or domestic enterprises.

4. Foreign-invested enterprises open capital accounts, and the equity involves domestic natural persons or domestic enterprises.

5. Overseas enterprises need to provide ODI filing certificates to banks when their funds return to China.

6. Build factories overseas.