Are there any restrictions on the repatriation of dividends from Chinese companies?

Yes, there are restrictions on the repatriation of dividends from Chinese companies in Wisconsin. According to the China Business Ventures Law, when a Chinese company chooses to invest in Wisconsin, the Chinese company must first obtain a business scope certificate from the Chinese authorities. This certificate allows the company to carry out approved business activities in the state. In addition, Chinese companies must obtain a repatriation permit from the Chinese government before profits or dividends can be repatriated from Wisconsin. The repatriation permit will require the company to submit a list of documents such as financial statements, tax reports, and audit reports. Furthermore, if the repatriation is more than 500,000 RMB ($78,400), the repatriation will need to be approved by the State Administration of Foreign Exchange which is the agency that regulates capital movement in and out of China. The repatriation of dividends from Chinese companies is also subject to taxation in Wisconsin. The required tax rate will depend on the source of the dividends. For example, if the dividends are from China, they will be subject to a 35% withholding tax. In conclusion, if Chinese companies choose to invest in Wisconsin, there are restrictions on the repatriation of dividends from the companies. These restrictions include obtaining a business scope certificate, a repatriation permit, and approval from the State Administration of Foreign Exchange. The dividends are also subject to taxation in Wisconsin.

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