Expansions by U.S. Affiliates of Foreign Companies Now Require DOC Form
The Department of Commerce has announced that the reporting requirements for the BE-13, Survey of New Foreign Direct Investment in the United States, have been reinstated as of Nov. 24. The expanded survey collects information not only on the acquisition or establishment of U.S. business enterprises by foreign investors, which was collected on the previous BE–13 that was discontinued in 2009, but also on expansions by existing U.S. affiliates of foreign companies, which was not previously collected. Unlike other surveys conducted pursuant to the International Investment and Trade in Services Survey Act, a response is required from persons subject to the reporting requirements of the BE–13. This survey is expected to result in the filing of reports from approximately 1,350 U.S. affiliates each year.