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How to fill out the Foreign Investment Application Form online
Filling out the Foreign Investment Application Form is a crucial step for individuals or entities looking to invest in a foreign jurisdiction. This guide will provide you with clear, step-by-step instructions on how to complete the form and the necessary documentation to ensure a successful application process.
Follow the steps to effectively complete the application form.
- Click the ‘Get Form’ button to access the Foreign Investment Application Form and open it in your preferred online editor.
- Complete the Foreign Investment Application Form by providing all required details, ensuring that each field is filled out to avoid delays. This includes information about the proposed investment, partners, and company structure.
- Fill out the Name Search Application Form to reserve the proposed name of your company, ensuring that it complies with local regulations.
- Gather and submit copies of passports and provide the permanent address details for all individual shareholders and directors. If any shareholders are legal entities, include their passport data pages and address information as well.
- Prepare and submit separate declarations from all shareholders of the proposed investment company, stating they have no objection to police clearance checks for each individual shareholder.
- Draft and attach the Articles of Association and Memorandum of Association for the investment entity, reflecting the intended business operations.
- Obtain reference letters from reputable banks for each shareholder, including both individuals and legal entities within the investment entity.
- If applicable, include resolutions from the Board of Directors confirming their decision to invest in accordance with the proposed ownership structure.
- Compile a projected business plan and feasibility study that outlines the proposed investment, including main activities, financial projections, and a human resource plan detailing any plans for employing foreign labor.
- Submit a Letter of Authority or Power of Attorney for the designated contact person, if required.
- Complete and attach the Company Registration Application Form to finalize the setup of your investment entity.
- Document the appointment of the Managing Director and Secretary of the Company and include their acceptance letters along with copies of their identification.
- If the foreign shareholder is a company, provide notarized copies of both the Memorandum and Articles of Association.
- Attach a notarized copy of the Registration for the foreign shareholder company.
- Include the names, addresses, and passport copies of all Directors of the foreign shareholder company, if applicable.
- Upon completing all the sections and fields, proceed to save your changes, download the completed form, and choose to print or share it as needed.
Begin your application process today by filling out the Foreign Investment Application Form online!
The most common type of FDI is Horizontal FDI, which primarily revolves around investing funds in a foreign company belonging to the same industry as that owned or operated by the FDI investor.
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