财企[2003]181号

颁布日期：20030704 　实施日期：20030704 　颁布单位：财政部

　　CaiQi[2003] No.181

　　July 4， 2003

　　The departments （bureaus） of finance of provinces， autonomous¹ regions， municipalities directly under the Central Government and municipalities separately listed on the State plan：

　　In order to meet the requirements of WTO， to promote the further development of the foreign invested enterprises， protect the long-term interests of all Chinese and foreign parties， the relevant matters on how to deal with the financial issues about the assessed increase and decrease overseas investment assets of foreign-funded enterprises are hereby notified as follows：

　　1. Where a foreign-funded enterprise makes overseas investments in kind or with intangible assets， the excess between the book value of the invested assets plus pertinent² taxes payable³ （namely the initial investment costs， the same below） and the shares of rights and interests that the owner of the investing entity⁴ is entitled to enjoy shall be dealt with as the margin⁵ of stock right investment， which shall be counted into profit and loss through amortization⁶ in accordance with the relevant provisions. The margin between the initial investment costs and the shares of rights and interests that the owner of the investing entity is entitled to enjoy shall be dealt with as accumulation fund. The pertinent provisions in the Circular on Distributing the Supplementary⁷ Provision on the Foreign-funded Enterprises‘ Implementation⁸ of the New Enterprise Financial System [CaiGongZi（93）No.474] issued by this Ministry⁹ in 1993 shall not be implemented¹⁰ any longer.

　　2. As to a foreign-funded enterprise that counts the assessed increase and decrease of overseas investments in kind or intangible assets into profit or loss in accordance with Document CaiGongZi（93）No.474 issued by the Ministry of Finance， because the assessed increase and decrease of the assets will not cause flow of cash， the enterprise shall take this factor into full account when it allocates¹² profits. For an enterprise that treats it as profit in light of the previous financial system， but fails to allocate¹¹ it yet， it may use it as future annual makeup¹³ for loss or converse¹⁴ it into capital increase.