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I intend to lend fund over long-term, other than foreign direct investment (FDI). Are there any procedures and conditions that I have to complete?
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There are some conditions to be satisfied.
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| i) |
The company (= affiliate) taking out loans should be the affiliate of the parent company overseas.
The parent company should own 50% or more of the affiliate company's share or the affiliate company should own 50% or more of the parent company's share. |
| ii) |
Terms: 5 years or longer. |
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