BE-13B Report for Establishment of a New U.S. Business Enterpri

FORM

BE-13B

OMB No. 0608-0035: Approval Expires 12/31/2019

(REV. 01/2017)

MANDATORY — CONFIDENTIAL*

SURVEY OF NEW FOREIGN DIRECT INVESTMENT IN THE UNITED
STATES FORM BE-13B
(Report for Establishment of a New U.S. Business Enterprise)
005 3

If you received a letter from BEA with a Lead ID, please enter it here:
Electronic filing:

Go to www.bea.gov/efile for details

Name and mailing address of U.S. Business Enterprise

Mail reports to:

U.S. Department of Commerce
Bureau of Economic Analysis
Direct Investment Division, BE-49(NI)
4600 Silver Hill Road
Washington, DC 20233

010

Company Name

011

In Care Of

012

Attention

013

Street 1

014

Street 2

Deliver reports to: U.S. Department of Commerce Bureau of
Economic Analysis
Direct Investment Division, BE-49(NI)
4600 Silver Hill Road
Suitland, MD 20746
Fax reports to:

(301) 278-9504

Assistance:

E-mail: [email protected]
Telephone: (301) 278-9419
Copies of form: www.bea.gov/be13

1

1

1

1

1
015

City
1

State
2

Zip
3

Country
4

Due date: No later than 45 calendar days after the new legal entity is established.
WHO MUST REPORT
A BE-13B report must be filed by a U.S. business enterprise when a foreign entity, or an existing U.S. affiliate of a foreign entity, establishes a new legal
entity in the United States, and
(1) the projected total cost to establish the new legal entity is greater than $3 million, and
(2) the foreign entity owns 10 percent or more of the new business enterprise’s voting interest (directly, or indirectly through an existing U.S. affiliate).
INCLUDE:
• Creation of a new legal entity whether incorporated or unincorporated, including a branch.
• Construction of real estate intended for lease or sale.
If the construction is for purposes of an expansion, see the instructions for reporting as an expansion on Form BE-13D.
• Creation of a new legal entity even if it does not have physical operations.
• Purchase of U.S. real estate including land, or rights to land, on which you intend to perform construction.
If the construction is for purposes of an expansion, see the instructions for reporting as an expansion on Form BE-13D.
EXCLUDE:
• Purchase of U.S. real estate that is intended for lease or sale without significant added construction.
This is deemed to be an acquisition of a U.S. business enterprise and should be reported on Form BE-13A.
• The creation of a holding company that is being set up with less than $60 million, solely to acquire at least one target company within 180
days, and then will be dissolved.
• Establishment of a new legal entity created for the sole purpose of acquiring a single entity within 30 days after the establishment.
Consolidate the new legal entity with the acquired entity in a single report on the BE-13A.
• Certain private funds are exempt from filing Form BE-13B.
Review exemption criteria on page 3, question 1, response option 5 of Form BE-13 Claim for Exemption.

OTHER BE-13 FORMS
Go to www.bea.gov/be13 for more information about other BE-13 forms.
Form BE-13A covers certain acquisitions of a U.S. business enterprise by a foreign entity.
Form BE-13D covers certain expansions of operations of existing U.S. affiliates.
Form BE-13E covers cost updates for previously filed Form BE-13B or BE-13D.
Form BE-13 Claim for Exemption covers certain transactions that are not required to be filed on Forms BE-13A, BE-13B, and BE-13D.
*See page 11 for penalties and confidentiality statements.

BE-13B – Instructions and Contact Information
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

$ Bil. Mil. Thous. Dols.
1

1 335 ,000

EXAMPLE – If amount is $1,334,891.00, report as. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1

Percentages: Report ownership percentages to a tenth of one percent. EXAMPLE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

98. 7 %

——— —

Estimates: If actual amounts are not available, supply estimates and specify in the notes section.
Definitions: Underlined items are defined on page 12.
Retention of copies: Retain a copy of each BE-13 report for three years beyond the report’s original due date.
Notes

CONTACT INFORMATION
Provide information of person to consult about this report:
020 Name
1
021 Street 1
1

Telephone Number

022 Street 2
1

Fax Number

023 City
1

2

2

State
2

Zip
3

—)

— — — - — — — —

(—

—

(—

— —) — — — - — — — —

Extension
3

E-mail Address
4

Country
5

NOTE: BEA uses a Secure Messaging System to correspond with you via encrypted message to discuss questions relating to this form. We may use
your e-mail address for survey-related announcements and to inform you about secure messages. When communicating with BEA by e-mail, please do
not include any confidential business or personal information.

CERTIFICATION
The undersigned official certifies that this report has been prepared in accordance with the applicable instructions, is complete, and is substantially
accurate including estimates that may have been provided.
024 Signature of Authorized Official

025 Name
1

Page 2

Date

Title
2

Telephone Number
1

—

(—

— —) — — — - — — — —

Fax Number
3

—)

— — — - — — — —

(—

Extension
2

FORM BE-13B (REV. 01/2017)

BE-13B – New U.S. Business Enterprise Information
NEW U.S. BUSINESS ENTERPRISE INFORMATION
1

Is the new U.S. business enterprise a holding company?
A holding company is a businesses engaged in holding the securities or financial assets of companies and enterprises for the purpose of owning a
controlling interest in them or influencing their management decisions. Businesses in this industry do not manage the day-to-day operations of the
firms whose securities they hold.
100

1

1

Yes – Select every statement below that applies to the new U.S. business enterprise (holding company):
2

A

It is being set up solely for the purpose of acquiring or establishing at least one other U.S. business enterprise.

3

B

The initial capitalization, including debt and equity, of the holding company is $60 million or less.

4

C

The acquisition or establishment is occurring within 180 days of the creation of the holding company.

5

D

The holding company will be dissolved after the acquisition or establishment.

If all four options A-D were selected, then the new U.S. business enterprise (holding company) can file a Form BE-13 Claim
for Exemption instead of completing the rest of this form.
6
1

2

E

The new U.S. business enterprise (holding company) was established solely to make a single acquisition within 30 days.
Do not file this establishment on a Form BE-13B, report it with the acquisition on a single Form BE-13A.

No

Month

Day

Year

1

__ __ / __ __ / __ __ __ __

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 101
3

What is the total expected cost to all foreign parents’ affiliated foreign groups (AFG, see EXAMPLE 1)
and their U.S. affiliates to set up the new U.S. business enterprise?
INCLUDE:
• Actual expenditures from past years and expected expenditures for current and future years.
• The cost of voting interest and non-voting equity interest.
EXCLUDE:
• The cost to any U.S. or foreign entity that is not affiliated with any of the foreign parents.

$ Bil.

Mil. Thous. Dols.

1

Total cost. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102

Affiliated foreign group means:
(1) the foreign parent,
(2) any foreign entity, proceeding up the foreign parent’s
ownership chain, that owns more than 50 percent of the
entity below it up to and including that entity which is not
owned more than 50 percent by another foreign entity, and
(3) any foreign entity, proceeding down the ownership chain(s)
of each of these members, which is owned more than 50
percent by the member above it.
(As used here, "entity" is synonymous with "person,"
as that term is used in the broad legal sense.)

EXAMPLE 1.

Business enterprise means any organization, association, branch, or
venture that exists for profit-making purposes or to otherwise secure
economic advantage, and ownership of any real estate that is not held for
personal use.
Entity (as used here, “entity” is synonymous with “person,” as that term is
used in the broad legal sense) means any individual, branch, partnership,
associated group, association, estate, trust, corporation, or other
organization (whether or not organized under the laws of any state), and any
government (including a foreign government, the United States Government,
a state or local government, and any agency, corporation, financial
institution, or other entity or instrumentality thereof, including a governmentsponsored agency).

Affiliated Foreign Group
Foreign Company X (2)
>50 %

>50 %

Foreign Parent (1)

Foreign Company Y (3)

>50 %
Foreign Company Z (3)

Foreign
United States

Affiliate means a business enterprise located in one country that is directly
or indirectly owned or controlled by an entity of another country to the extent
of 10 percent or more of its voting stock for an incorporated business or an
equivalent interest for an unincorporated business enterprise.

,000

≥10%

New U.S. Business Enterprise

Foreign companies X, Y, and
Z and the foreign parent
compose the affiliated
foreign group in this example

Foreign parent is the FIRST entity incorporated outside the United
States, proceeding up a chain of ownership, that has 10 percent or
more voting interest (directly, or indirectly through existing U.S.
affiliates) in the new U.S. business enterprise.
Voting interest is the percent of ownership in the voting securities of
an incorporated business enterprise or an equivalent interest in an
unincorporated business enterprise, including a branch or partnership.
• In a general or limited partnership, voting interest is presumed to
be divided evenly between the general partners, and limited partners
are presumed to have zero voting interest, unless otherwise stated in
the partnership agreement.
• In the case of a limited liability corporation (LLC), voting interest
is presumed to be divided equally between the members (owners),
unless otherwise stated in the articles of organization or in the
operating agreement.
Page 3

BE-13B – New U.S. Business Enterprise Information
4

What is the legal name of the new U.S. business enterprise?
1

105

5

What is the employer identification number of the new U.S. business enterprise used to file income and payroll taxes?
109

Primary

Other

1

2

___ ___ – ___ ___ ___ ___ ___ ___ ___

___ ___ – ___ ___ ___ ___ ___ ___ ___

Is the address of the new U.S. business enterprise different from the address on the cover page?

6

500

1

1

1

2

Yes – Provide address:
No

Name
2

Street 1

Street 2

City

State

1

2

501

502

Zip

2

1

3

OWNERSHIP INFORMATION FOR THE NEW U.S. BUSINESS ENTERPRISE
As of the establishment date reported in 2 :
7

How many foreign parents (direct, and indirect through U.S. affiliates)
does the new U.S. business enterprise have?
Number of Foreign Parents. . . . . . . . 180

Foreign parent is the FIRST entity incorporated
outside the United States, proceeding up a chain of
ownership, that has a 10 percent or more voting
interest (directly, and/or indirectly through existing
U.S. affiliates) in the new U.S. business enterprise.

1

What are the names of all foreign parents and the percent of direct and indirect voting interest that each holds in the
new U.S. business enterprise?

8

DIRECT
Voting Interest

Foreign Parents
191

192

1

INDIRECT Voting
Interest, Through
Existing U.S. Affiliates

2

1

3

———.—

%

———.—

%

2

———.—

%

———.—

%

3

TOTAL Voting
Interest
4

4

0.0 %
0.0 %

If necessary, please list additional entries on a separate page.
9

What percent of voting interest in the new U.S. business enterprise (see EXAMPLE 2) is held:

Voting Interest

A. DIRECTLY by foreign parents?
(This is the sum of direct voting interest provided in 8 ). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150

1

0.0

%

1

B. DIRECTLY by existing U.S. affiliates of the foreign parents?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151

———.—

%

———.—

%

1

C. DIRECTLY by other U.S. entities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 152

1
D. DIRECTLY by other foreign entities?
(Each holding less than 10 percent voting interest in the new U.S. business enterprise.). . . . . . . . . . . 153 — — — . — %

Total of 9 A through 9 D must sum to 1 0 0 . 0 %
EXAMPLE 2.

Different Types of Ownership
(direct by foreign parent)

Foreign

Foreign Parent

United States
≥10% voting interest

(direct by U.S. affiliate)

(direct by other foreign entity)

Foreign Parent

Other Foreign Entity
Foreign

Y% voting interest

9 A

Existing U.S. Affiliate(s)

Y% * Z% ≥ 10%

Z% voting interest
Existing U.S. Affiliate(s)

United States
9 D
<10% voting interest

(direct by other U.S. entity)
Other U.S. Entity
9 C ≤90% voting interest

9 B

New U.S. Business Enterprise
Page 4

FORM BE-13B (REV. 01/2017)

BE-13B – Existing U.S. Affiliates
EXISTING U.S. AFFILIATES
As of the establishment date reported in 2 :
10

Does any one existing U.S. affiliate DIRECTLY own more than 50 percent of the voting interest in the new U.S. business enterprise?
230 1
1

1

Yes - Please provide an organizational chart, as of the date of the acquisition. CONTINUE to 11 .

2

No - SKIP to 13 .

11 What are the legal name, address, and BEA ID
(if it has one) of the existing U.S. affiliate that,
proceeding up the ownership chain from the
new U.S. business enterprise, is first that is
NOT more than 50 percent directly owned by
another existing U.S. affiliate?
See EXAMPLES 3 and 4.

231 Name
1

Street 2

Street 1

2

3

City

State
5

4

Zip

6

Country
7

BEA ID
8

EXAMPLE 3.

EXAMPLE 4.

Identifying the U.S. Affiliates

Identifying the U.S. Affiliates

Foreign Parent Y

Foreign Parent Y

Foreign Parent X

Foreign

Other U.S. Entity

≥10% voting
interest

United States
≥10% voting interest

≥50% voting
interest

≥10% voting interest

≤ 50% voting interest

> 50% voting interest
Existing U.S. Affiliate 12

Existing U.S. Affiliate 11
> 50% voting interest

> 50% voting interest
Other Existing U.S. Affiliate(s)

Other Existing U.S. Affiliate(s)

> 50% voting interest

> 50% voting interest
New U.S. Business Enterprise

If it is the same existing U.S. affiliate as in 11 ,
write "same" in name field.

United States

Existing U.S. Affiliate 12

Existing U.S. Affiliate 11

12 What is the legal name, address, and BEA ID
(if it has one) of the existing U.S. affiliate that,
proceeding up the ownership chain from the
new U.S. business enterprise, is first that is
at least 10 percent DIRECTLY owned by a
foreign parent?
See EXAMPLES 3 and 4 above.

Foreign

New U.S. Business Enterprise

232 Name
1

Street 1

2

City
4

Street 2
3

State
5

Zip

6

Country
7

BEA ID
8

NOTE: If there is more than one foreign parent (direct and/or indirect through existing U.S. affiliates), complete 13 through 21 for each additional
foreign parent on separate pages. Additional copies of these pages may be downloaded from www.bea.gov/be13.
FORM BE-13B (REV. 01/2017)

Page 5

BE-13B – Identifying Foreign Parent Number

of

0

NOTE: If there is more than one foreign parent (direct and/or indirect through existing U.S. affiliates), complete 13 through 21 for each additional
foreign parent on separate pages. Additional copies of these pages may be downloaded from www.bea.gov/be13.

IDENTIFYING THE FOREIGN PARENT
13 What is the name of this foreign parent? See Example 5.
If this foreign parent is an individual who owns 10 percent of the voting interest (directly, and/or indirectly through existing U.S. affiliates)
in the acquired U.S. entity, write “individual” instead of the individual’s name.
201

1

Foreign parent is the FIRST entity incorporated outside the United
States, proceeding up a chain of ownership, that has 10 percent or
more voting interest (directly, or indirectly through existing U.S.
affiliates) in the new U.S. business enterprise.

Direct and Indirect Voting Interest

EXAMPLE 5.

Foreign Company X
(NOT a foreign parent)

Voting interest is the percent of ownership in the voting securities of
an incorporated business enterprise or an equivalent interest in an
unincorporated business enterprise, including a branch or partnership.
• In a general or limited partnership, voting interest is presumed to
be divided evenly between the general partners, and limited partners
are presumed to have zero voting interest, unless otherwise stated in
the partnership agreement.

Foreign Parent
Foreign
United States

• In the case of a limited liability corporation (LLC), voting interest
is presumed to be divided equally between the members (owners),
unless otherwise stated in the articles of organization or in the
operating agreement.

14 What is this foreign parent's country of incorporation?
If the foreign parent is an individual or government, enter the country of residence.
For individuals who do not reside in their country of citizenship, please follow the
guidelines for country of residence on page 12.

Y% voting interest

Indirect
Y% * Z% = voting
interest
Z% voting interest

Direct
voting
interest

Existing U.S. Affiliate(s)

New U.S. Business Enterprise

Country of Foreign Parent

-Country-

BEA USE ONLY

1
202

15 What is this foreign parent's industry code?
• Select the category below which best describes the PRIMARY activity of the SINGLE entity named as the foreign parent.
(The codes are also listed on page 11.)
• DO NOT base the code on the worldwide sales of all consolidated subsidiaries of the foreign parent.
• If the UBO is an individual, select the category "05 - Individual."
203 1

Page 6

— Select Industry Code —

FORM BE-13B (REV. 01/2017)

BE-13B – Identifying the Ultimate Beneficial Owner for Foreign Parent Number

of

0

IDENTIFYING THE ULTIMATE BENEFICIAL OWNER (UBO)
16 Is this foreign parent also the ultimate beneficial owner (UBO)? See EXAMPLES 6 and 7.
• The UBO is the entity, proceeding up the ownership chain that includes the foreign parent, whose voting interest is not more
than 50 percent owned by another entity.
• If the foreign parent is owned or controlled more than 50 percent by another entity, then the foreign parent is NOT the UBO.
210

1
1

1

Yes — SKIP to 19

2

No

EXAMPLE 6.

Foreign Parent is UBO

EXAMPLE 7.

Foreign Parent is Not UBO
Company X = UBO

Company X

≤ 50% voting interest
Foreign

Foreign Parent = UBO

> 50% voting interest
Foreign Parent

Foreign
United States

United States
New U.S. Business
Enterprise

New U.S. Business
Enterprise

17 What is the name of the UBO?
If the UBO is an individual, write “individual” instead of the individual’s name.
211

1

18 What is the UBO's country of incorporation?
If the UBO is an individual or government, provide the country of residence . For individuals who do not reside in their country of citizenship,
please follow the guidelines for country of residence on page 12.

Country of UBO

-Country-

BEA USE ONLY

1
212

19 What is the UBO's industry code?
• Select the category below which best reflects the consolidated worldwide sales of the UBO, including all majority-owned subsidiaries.
(The codes are also listed on page 11.)

• If the UBO is an individual, select the category "05 - Individual."
• Do not use code 14 unless you receive permission from BEA.
213 1

— Select Industry Code —

FORM BE-13B (REV. 01/2017)

Page 7

0
BE-13B – Establishment Information for Foreign Parent Number ■■ of ■■

ESTABLISHMENT INFORMATION
20 What is the total expected cost to this foreign parent’s affiliated foreign group (see EXAMPLE 8)

and its U.S. affiliates to establish the new U.S. business enterprise?
• If there is only one foreign parent, this is the same as the total cost reported in 3 .
• If there is more than one foreign parent, the sum of the cost for each should match the total reported in 3 .
INCLUDE:
• Actual expenditures from past years and expected expenditures for current and future years.
• The cost of voting interest and non-voting equity interest.
EXCLUDE:
• The cost to any U.S. entity that is not affiliated with this foreign parent.
$ Bil.

Mil. Thous. Dols.

1

Total cost to this foreign parent's AFG and U.S. affiliates. . . . . . . . . . . . . . . . . . . . . . . . . .

EXAMPLE 8.

,000

320

Affiliated Foreign Group

(Repeated from page 3)

Foreign Company X (2)
>50 %

>50 %

Foreign Parent (1)

Foreign Company Y (3)

>50 %
Foreign Company Z (3)

Foreign
United States

≥10%

New U.S. Business Enterprise

Foreign companies X, Y, and
Z and the foreign parent
compose the affiliated
foreign group in this example

Affiliated foreign group means:
(1) the foreign parent,
(2) any foreign entity, proceeding up the foreign parent’s
ownership chain, that owns more than 50 percent of the
entity below it up to and including that entity which is not
owned more than 50 percent by another foreign entity,
and
(3) any foreign entity, proceeding down the ownership
chain(s) of each of these members, which is owned more
than 50 percent by the member above it.
(As used here, "entity" is synonymous with "person,"
as that term is used in the broad legal sense.)

DEBT AND EQUITY BETWEEN THE AFFILIATED FOREIGN GROUP (AFG) AND U.S. AFFILIATES

21 For the establishment of the new U.S. business enterprise, how much did:

$ Bil.
1

A. This affiliated foreign group DIRECTLY invest in the new U.S. business enterprise as cash or equity?. . . . . . . . . 381
1

B. This affiliated foreign group DIRECTLY loan to the new U.S. business enterprise? . . . . . . . . . . . . . . . . . . . . . . . . 382
1

C. This affiliated foreign group invest in existing U.S. affiliates as cash or equity? . . . . . . . . . . . . . . . . . . . . . . . . . . . .383
1

D. This affiliated foreign group loan to existing U.S. affiliates? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .384

Mil. Thous. Dols.

,000
,000
,000
,000

NOTE: If there is more than one foreign parent (direct and/or indirect through existing U.S. affiliates), complete 13 through 21 for each additional
foreign parent on separate pages. Additional copies of these pages may be downloaded from www.bea.gov/be13.
Page 8

FORM BE-13B (REV. 01/2017)

BE-13B – Financial and Operating Information
FINANCIAL AND OPERATING INFORMATION FOR THE NEW U.S. BUSINESS ENTERPRISE
• Report projections for the first fiscal year of operations.
• Use projections made in the course of planning the investment if available; otherwise give best estimate.
• If the first fiscal year is less than 12 months, provide annualized numbers for 25 and 26 .
Month

Day

Year

1

__ __ / __ __ / __ __ __ __

22 What is the ending date for the new U.S. business enterprise’s first fiscal year of operations? . . . . . . . . . . . . 400

As of the date reported in 22 , what are the new U.S. business enterprise's projected:

$ Bil.

Mil. Thous. Dols.

1

,000

23 Assets? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 401
1

,000

24 Liabilities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .402
1

,000

25 Annual sales or gross operating revenues? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 403
1

,000

26 Annual net income (loss) after provision for income taxes? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .404
27 What is the projected number of employees of the new business enterprise when it is fully operating?
• Include all full-time and part-time employees expected to be on the payroll.
• Exclude contract workers and other workers not expected to be carried on the payroll.
• If the new U.S. business enterprise’s activity will involve large seasonal variations,
report a number that represents an average over a year.
Projected Number of Employees. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1
405

28 How many employees did the new U.S. business enterprise have at the time of this filing?
• Include all full-time and part-time employees on the payroll.

• Exclude contract workers and other workers not carried on the payroll.
1
Current Number of Employees. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 506
29 What will be the major activities of the new U.S. business enterprise when it is fully operating? Check all that apply.
1

420

2
3

1
2
3

Producer of goods
Provider of services
Real estate

4
5
6

4
5
6

Seller of goods it does not produce
Producer or distributor of information
Other—Specify: 7

30 What are the major products and/or services involved in the activities identified in 29 ?
If a product, also state what is done to it, i.e., whether it is mined, manufactured, sold at wholesale, transported, packaged, etc.
421

1

31 What will be the new U.S. business enterprise’s four-digit industry classification?
Select the category below which best describes the industry classification in which the new U.S. business enterprise will have the
largest amount of sales or gross operating revenues. (See page 13 for list or go to www.bea.gov/NAICS2012 for detailed descriptions.)
423 1

— Select Industry Classification —

32 In what state is the new U.S. business enterprise located?
• If the new U.S. business enterprise operates in more than one state, then select the state where the largest number of employees are based.

• If there are no employees and no physical location, then select the state of incorporation.
422 1

— Select State —

33 Will the new U.S. business enterprise conduct research and development activities when it is fully operating?

FORM BE-13B (REV. 01/2017)

424

1

1

Yes

2

No
Page 9

BE-13B – Project Information
PROJECT INFORMATION
34 Is the new U.S. business enterprise currently under construction?
508

1
1

1
2

1

3

1

4

1

5

■ Yes
■ No, construction has yet to begin

Month Day

Year

2

__ __ / __ __ / __ __ __ __

No, construction is complete – Provide completion date: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

■ No, the project has been canceled
■ No, construction is not required for this project

For 35 and 36 , break down the total expected cost to set up the new U.S. business enterprise by type and by fiscal year.
$ Bil. Mil. Thous. Dols.
Total expected cost reported in

0 ,000

3

$ Bil.

35 How much of the total expected cost to set up the new U.S. business enterprise is for:

1

A. Land? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 510
1

B. Property, plant, and equipment? Include construction. Exclude land. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .512
1

C. Intellectual property rights?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 514
1

D. Fees, taxes, permits, licenses? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 515
1

E. Other costs? Describe in notes section on page 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

516
1

Sum of 35 A through 35 E:
This should match the total expected cost reported in 3
The difference is currently:

Mil. Thous. Dols.

,000
,000
,000
,000
,000

0 ,000
0 ,000

36 In which fiscal years will the total expected cost be incurred and how much each year?

• Only include leases until the business is fully operating.
• Provide actual cash or in-kind outlays, not depreciation.
• Use the new U.S. business enterprise's fiscal calendar for determining year.

$ Bil.

Fiscal Year

2

550 1

- Year 2

551 1

- Year 552 1

2

- Year 553 1

3

2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .-. .Year
..
554 1

2

- Year 555 1

2

- Year 2

556 1

- Year 557 1

2

- Year 558 1

2

- Year 559 1

2

- Year 525
Sum of 36 A through 36 E:
This should match the total expected cost reported in 3
The difference is currently:

2

Mil. Thous. Dols.

,000
,000
,000
,000
,000
,000
,000
,000
,000
,000

0 ,000
0 ,000

NOTE: BEA will request updated project information each year until final data are collected.

RETURN TO COVER PAGE FOR FILING INSTRUCTIONS
Page 10

FORM BE-13B (REV. 01/2017)

SURVEY INFORMATION
Purpose: This survey collects data on the acquisition or establishment of U.S. business enterprises by foreign investors and the expansion of existing
U.S. affiliates of foreign companies to establish a new production facility. The data collected on the survey are used to measure the amount of new
foreign direct investment in the United States, assess the impact on the U.S. economy, and based on this assessment, make informed policy decisions
regarding foreign direct investment in the United States.
Authority: This survey is being conducted under the International Investment and Trade in Services Survey Act (P.L. 94-472, 90 Stat. 2059, 22 U.S.C.
3101-3108, as amended) hereinafter “the Act”, and the filing of reports is MANDATORY pursuant to Section 5(b)(2) of the Act (22 U.S.C. 3104). The
implementing regulations are contained in 15 CFR Part 801.
Penalties: Whoever fails to report may be subject to a civil penalty of not less than $4,450, and not more than $44,539, and to injunctive relief
commanding such person to comply, or both. Whoever willfully fails to report shall be fined not more than $10,000 and, if an individual, may be
imprisoned for not more than one year, or both. Any officer, director, employee, or agent of any corporation who knowingly participates in such violation,
upon conviction, may be punished by a like fine, imprisonment, or both (22 U.S.C. 3105). Civil penalties are subject to inflationary adjustments. Those
adjustments are found in 15 CFR 6.4.
Notwithstanding any other provision of the law, no person is required to respond to, nor shall any person be subject to a penalty for failure to comply
with, a collection of information subject to the requirements of the Paperwork Reduction Act, unless that collection of information displays a currently
valid OMB Control Number.
Respondent burden: Public reporting burden for this BE-13B form is estimated to average 2.2 hours per response, including time for reviewing
instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information.
Send comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing burden, to:
Director, Bureau of Economic Analysis (BE-1), U.S. Department of Commerce, 4600 Silver Hill Road, Washington, DC 20233; and to the Office of
Management and Budget, Paperwork Reduction Project 0608-0035, Washington, DC 20503.
Confidentiality: The Act provides that your report to this Bureau is CONFIDENTIAL and may be used only for analytical or statistical purposes.
Without your prior written permission, the information filed in your report CANNOT be presented in a manner that allows it to be individually identified.
Your report CANNOT be used for purposes of taxation, investigation, or regulation. Copies retained in your files are immune from legal process.

FOREIGN PARENT AND UBO INDUSTRY CODES
Note: “ISI codes” are International Surveys Industry codes, as given in the Guide to Industry Classifications for International Surveys, 2012,
available at www.bea.gov/naics2012. See the Summary of Industry Classifications on page 13 of this form.
01 Government and government-owned or -sponsored
enterprise, or quasi-government organization or agency
02 Pension fund — Government run
03 Pension fund — Privately run
04 Estate, trust, or nonprofit organization
05 Individual

17 Information (ISI codes 5111–5191)
18 Professional, scientific, and technical services (ISI codes 5411–5419)
19 Other services
(ISI codes 1150, 2132, 2133, 5321, 5329, and 5611–8130)
Manufacturing, including fabricating, assembling, and processing of
goods:
20 Food (ISI codes 3111–3119)

Private business enterprise, investment organization, or group
engaged in:

21 Beverages and tobacco products (ISI codes 3121 and 3122)

06 Insurance (ISI codes 5242, 5243, 5249)

22 Pharmaceuticals and medicine (ISI code 3254)

07 Agriculture, forestry, fishing and hunting (ISI codes 1110–1140)

23 Other chemicals (ISI codes 3251–3259, except 3254)

08 Mining (ISI codes 2111–2127)

24 Nonmetallic mineral products (ISI codes 3271–3279)

09 Construction (ISI codes 2360–2380)

25 Primary and fabricated metal products (ISI codes 3311–3329)

10 Transportation and warehousing (ISI codes 4810–4939)

26 Computer and electronic products (ISI codes 3341–3346)

11 Utilities (ISI codes 2211–2213)

27 Machinery (ISI codes 3331–3339)

12 Wholesale and retail trade (ISI codes 4231–4540)

28 Electrical equipment, appliances and components (ISI codes 3351–3359)

13 Banking, including bank holding companies (ISI codes 5221 and 5229)

29 Motor vehicles and parts (ISI codes 3361–3363)

14 Holding companies, excluding bank holding companies
(ISI codes 5512 and 5513)

30 Other transportation equipment (ISI codes 3364–3369)

15 Other finance
(ISI codes 5223, 5224, 5231, 5238, that part of ISI code 5252 that is
not estates and trusts, and ISI code 5331)

31 Other manufacturing
(ISI codes 3130–3231, 3261, 3262, 3370–3399)
32 Petroleum manufacturing, including integrated petroleum and petroleum
refining without extraction (ISI codes 3242–3244)

16 Real estate (ISI code 5310)

FORM BE-13B (REV. 01/2017)

Page 11

DEFINITIONS
Affiliate means a business enterprise located in one country that is
directly or indirectly owned or controlled by an entity of another country to
the extent of 10 percent or more of its voting stock for an incorporated
business or an equivalent interest for an unincorporated business
enterprise.
Affiliated foreign group means:
(1) the foreign parent,
(2) any foreign entity, proceeding up the foreign parent’s
ownership chain, that owns more than 50 percent of the
entity below it up to and including that entity which is not
owned more than 50 percent by another foreign entity; and
(3) any foreign entity, proceeding down the ownership chain(s)
of each of these members, which is owned more than 50
percent by the entity above it.
Branch means the operations or activities conducted by an entity in a
different location in its own name rather than through an incorporated
entity.
Business enterprise means any organization, association, branch,
or venture that exists for profit-making purposes or to otherwise
secure economic advantage, and ownership of any real estate that is not
held for personal use.
Country of residence for individuals who do not reside in their
country of citizenship is determined using the following guidelines:
(1) Individuals who reside, or expect to reside, outside their country
of citizenship for less than one year are considered to be
residents of their country of citizenship.
(2) Individuals who reside, or expect to reside, outside their country
of citizenship for one year or more are considered to be
residents of the country in which they are residing, except as
provided in (3) below.
(3) If an owner or employee of a business enterprise resides
outside the country of location of the enterprise for one year or
more for the purpose of furthering the business of the
enterprise, and the country of the business enterprise is the
country of citizenship of the owner or employee, then the owner
or employee is considered a resident of the country
of citizenship provided he or she intends to return within a
reasonable period of time.
(4) Individuals and members of their immediate families who reside
outside their country of citizenship as a result of employment by
the government of that country – diplomats, consular officials,
members of the armed forces, etc. – are considered to be
residents of their country of citizenship.
Direct investment means the ownership or control, directly or
indirectly, by one entity of 10 percent or more of the voting interest in a
business enterprise.

Foreign, when used in a geographic sense, means that which is situated
outside the United States or which belongs to or is characteristic of a country
other than the United States.
Foreign direct investment in the United States means the
ownership or control, directly or indirectly, by one foreign investor of 10
percent or more of the voting securities of an incorporated U.S. business
enterprise or an equivalent interest in an unincorporated U.S. business
enterprise, including a branch or partnership.
Foreign parent is the FIRST entity incorporated outside the United States,
proceeding up a chain of ownership, that has 10 percent or more voting
interest (directly, and/or indirectly through existing U.S. affiliates) in the new
U.S. business enterprise.
Research and development (R&D) is planned, creative work aimed at
discovering new knowledge or developing new or significantly improved
goods and services. This includes
(1) activities aimed at acquiring new knowledge or understanding without
specific immediate commercial application or use (basic research);
(2) activities aimed at solving a specific problem or meeting a specific
commercial objective (applied research); and
(3) systematic use of research and practical experience to produce new or
significantly improved goods, services, or processes (development).
R&D does NOT include expenditures for costs for routine product testing,
quality control, and technical services unless they are an integral part of an
R&D project; market research; efficiency surveys or management studies;
literary, artistic, or historical projects, such as films, music, or books and other
publications; prospecting or exploration for natural resources.
Ultimate beneficial owner (UBO) means the entity, proceeding up the
ownership chain that includes the foreign parent, which is not more than 50
percent owned or controlled by another entity.
United States, when used in a geographic sense, means the 50 states,
the District of Columbia, the Commonwealth of Puerto Rico, and all territories
and possessions of the United States.
U.S. affiliate means an affiliate located in the United States in which
a foreign entity has a direct investment.
Voting interest is the percent of ownership in the voting securities of an
incorporated business enterprise or an equivalent interest in an
unincorporated business enterprise.
• In a general or limited partnership, voting interest is presumed to
be divided evenly between the general partners, and limited partners
are presumed to have zero voting interest, unless otherwise stated in
the partnership agreement.
• In the case of a limited liability corporation (LLC), voting interest
is presumed to be divided equally between the members (owners),
unless otherwise stated in the articles of organization or in the
operating agreement.

Entity (as used here, “entity” is synonymous with “person,” as that term
is used in the broad legal sense) means any individual, branch,
partnership, associated group, association, estate, trust, corporation, or
other organization (whether or not organized under the laws of any state),
and any government (including a foreign government, the United States
Government, a state or local government, and any agency, corporation,
financial institution, or other entity or instrumentality thereof, including a
government-sponsored agency).

Page 12

FORM BE-13B (REV. 01/2017)

SUMMARY OF INDUSTRY CLASSIFICATIONS (ISI codes)
For a full description of each classification, see www.bea.gov/naics2012

Agriculture, Forestry, Fishing, and Hunting
1110 Crop production
1120 Animal production
1130 Forestry and logging
1140 Fishing, hunting, and trapping
1150 Support activities for agriculture and forestry
Mining
2111 Oil and gas extraction
2121 Coal
2123 Nonmetallic minerals
2124 Iron ores
2125 Gold and silver ores
2126 Copper, nickel, lead, and zinc ores
2127 Other metal ores
2132 Support activities for oil and gas operations
2133 Support activities for mining, except for oil and
gas operations
Utilities
2211 Electric power generation, transmission, and
distribution
2212 Natural gas distribution
2213 Water, sewage, and other systems
Construction
2360 Construction of buildings
2370 Heavy and civil engineering construction
2380 Specialty trade contractors
Manufacturing
3111 Animal foods
3112 Grain and oilseed milling
3113 Sugar and confectionery products
3114 Fruit and vegetable preserving and specialty
foods
3115 Dairy products
3116 Meat products
3117 Seafood product preparation and packaging
3118 Bakeries and tortillas
3119 Other food products
3121 Beverages
3122 Tobacco
3130 Textile mills
3140 Textile product mills
3150 Apparel
3160 Leather and allied products
3210 Wood products
3221 Pulp, paper, and paperboard mills
3222 Converted paper products
3231 Printing and related support activities
3242 Integrated petroleum refining and extraction
3243 Petroleum refining without extraction
3244 Asphalt and other petroleum and coal products
3251 Basic chemicals
3252 Resins, synthetic rubbers, and artificial and
synthetic fibers an filaments
3253 Pesticides, fertilizers, and other agricultural
chemicals
3254 Pharmaceuticals and medicines
3255 Paints, coatings, and adhesives
3256 Soap, cleaning compounds, and toilet
preparations
3259 Other chemical products and preparations
3261 Plastics products
3262 Rubber products
3271 Clay products and refractories
3272 Glass and glass products
3273 Cement and concrete products
3274 Lime and gypsum products
3279 Other nonmetallic mineral products
3311 Iron and steel mills and ferroalloys
3312 Steel products from purchased steel
3313 Alumina and aluminum production and
processing
3314 Nonferrous metal (except aluminum)
production and processing
3315 Foundries
3321 Forging and stamping
3322 Cutlery and handtools
3323 Architectural and structural metals
3324 Boilers, tanks, and shipping containers
3325 Hardware
3326 Spring and wire products
3327 Machine shops; turned products; and screws,
nuts, and bolts
3328 Coating, engraving, heat treating, and allied
activities
3329 Other fabricated metal products
3331 Agriculture, construction, and mining
machinery
3332 Industrial machinery
3333 Commercial and service industry machinery

FORM BE-13B (REV. 01/2017)

3334
3335
3336
3339
3341
3342
3343
3344
3345
3346
3351
3352
3353
3359
3361
3362
3363
3364
3365
3366
3369
3370
3391
3399

Ventilation, heating, air-conditioning,
and commercial refrigeration equipment
Metalworking machinery
Engines, turbines, and power
transmission equipment
Other general purpose machinery
Computer and peripheral equipment
Communications equipment
Audio and video equipment
Semiconductors and other electronic components
Navigational, measuring, electromedical,
and control instruments
Manufacturing and reproducing magnetic
and optical media
Electric lighting equipment
Household appliances
Electrical equipment
Other electrical equipment and components
Motor vehicles
Motor vehicle bodies and trailers
Motor vehicle parts
Aerospace products and parts
Railroad rolling stock
Ship and boat building
Other transportation equipment
Furniture and related products
Medical equipment and supplies
Other miscellaneous manufacturing

Wholesale Trade, Durable Goods
4231 Motor vehicles and motor vehicle
parts and supplies
4232 Furniture and home furnishing
4233 Lumber and other construction materials
4234 Professional and commercial
equipment and supplies
4235 Metal and mineral (except petroleum)
4236 Electrical and electronic goods
4237 Hardware, and plumbing and heating
equipment and supplies
4238 Machinery, equipment, and supplies
4239 Miscellaneous durable goods
Wholesale Trade, Nondurable Goods
4241 Paper and paper product
4242 Drugs and druggists’ sundries
4243 Apparel, piece goods, and notions
4244 Grocery and related product
4245 Farm product raw material
4246 Chemical and allied products
4247 Petroleum and petroleum products
4248 Beer, wine, and distilled alcoholic beverage
4249 Miscellaneous nondurable goods
Wholesale Trade, Electronic Markets and
Agents and Brokers
4251 Wholesale electronic markets and
agents and brokers
Retail Trade
4410 Motor vehicle and parts dealers
4420 Furniture and home furnishings
4431 Electronics and appliance
4440 Building material and garden
equipment and supplies dealers
4450 Food and beverage
4461 Health and personal care
4471 Gasoline stations
4480 Clothing and clothing accessories
4510 Sporting goods, hobby, book, and music
4520 General merchandise
4530 Miscellaneous store retailers
4540 Nonstore retailers
Transportation and Warehousing
4810 Air transportation
4821 Rail transportation
4833 Petroleum tanker operations
4839 Other water transportation
4840 Truck transportation
4850 Transit and ground passenger transportation
4863 Pipeline transportation of crude oil, refined
petroleum products, and natural gas
4868 Other pipeline transportation
4870 Scenic and sightseeing transportation
4880 Support activities for transportation
4920 Couriers and messengers
4932 Petroleum storage for hire
4939 Other warehousing and storage
Information
5111 Newspaper, periodical, book, and directory
publishers
5112 Software publishers

5121
5122
5151
5152
5171
5172
5174
5179
5182
5191

Motion picture and video industries
Sound recording industries
Radio and television broadcasting
Cable and other subscription programming
Wired telecommunications carriers
Wireless telecommunications carriers,
except satellite
Satellite telecommunications
Other telecommunications
Data processing, hosting, and related services
Other information services

Finance and Insurance
5221 Depository credit intermediation (Banking)
5223 Activities related to credit intermediation
5224 Nondepository credit intermediation
5229 Nondepository branches and agencies
5231 Securities and commodity contract
intermediation and brokerage
5238 Other financial investment activities and
exchanges
5242 Agencies, brokerages, and other insurance
related activities
5243 Insurance carriers, except life insurance carriers
5249 Life insurance carriers
5252 Funds, trusts, and other financial vehicles
Real Estate and Rental and Leasing
5310 Real estate
5321 Automotive equipment rental and leasing
5329 Other rental and leasing services
5331 Lessors of nonfinancial intangible assets,
except copyrighted works
Professional, Scientific, and Technical
Services
5411 Legal services
5412 Accounting, tax preparation, bookkeeping, and
payroll services
5413 Architectural, engineering, and related services
5414 Specialized design services
5415 Computer systems design and related services
5416 Management, scientific, and technical consulting
services
5417 Scientific research and development services
5418 Advertising, public relations, and related services
5419 Other professional, scientific, and technical
services
Management of Companies and Enterprises
5512 Holding companies, except bank holding
companies
5513 Corporate, subsidiary, and regional management
offices
Administrative and Support and Waste
Management and Remediation Services
5611 Office administrative services
5612 Facilities support services
5613 Employment services
5614 Business support services
5615 Travel arrangement and reservation services
5616 Investigation and security services
5617 Services to buildings and dwellings
5619 Other support services
5620 Waste management and remediation services
Educational Services
6110 Educational services
Health Care and Social Assistance
6210 Ambulatory health care services
6220 Hospitals
6230 Nursing and residential care facilities
6240 Social assistance
Arts, Entertainment, and Recreation
7110 Performing arts, spectator sports, and related
industries
7121 Museums, historical sites, and similar institutions
7130 Amusement, gambling, and recreation industries
Accommodation and Food Services
7210 Accommodation
7220 Food services and drinking places
Other Services
8110 Repair and maintenance
8120 Personal and laundry services
8130 Religious, grantmaking, civic, professional,
and similar organizations
Public Administration
9200 Public administration

Page 13