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Any person carrying IDR 100 million or more into the country must verify the authenticity of the funds with Indonesian customs upon arrival. Indonesia does not restrict the transfer of foreign currency funds to or from foreign countries, but incoming investment capital requires approval.
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Non-residents may invest in Italian securities and may export cash, instruments of credit and securities, in both foreign currency and euro, representing interest, dividends, other asset distributions and the proceeds of dispositions without restriction.
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Additionally, such regulation requires the operations in the foreign exchange market to be performed solely through market agents authorised by the Central Bank of Brazil. As a result, either the buyer or seller must be an agent authorised to operate in the foreign exchange market.
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Foreign contributions to a company’s capital and foreign loans must be registered with the Bank of Algeria through the company’s commercial bankers in Algeria. Exchange control approval is also necessary for the remittance of dividends, directors’ frees and other related party payments.
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Local entities must report to the Bulgarian National Bank their: a) claims on and liabilities to foreign persons, b) direct investments made abroad, c) transactions concerning the granting or receiving of financial credits to or from foreign persons exceeding BGN5,000.
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Legal entities, as well as domestic and foreign individuals, can open foreign currency accounts in Croatian banks. There are currently no restrictions on Croatian residents opening foreign currency accounts abroad.
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When the Rules on Foreign Exchange were adopted in November 2008, all controls on current account foreign exchange transactions were lifted, but more stringent controls on cross-border movement of capital and related foreign exchange transactions were imposed.
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Goods must be declared upon import to Russia, in accordance with the customs regime selected. The goods are normally declared by either the Russian importer or the customs broker. A wide number of documents are in place to deal with imports and exports, making experience in dealing with the country essential. Call us today if this is your first time exporting or importing goods within Russia.
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