Survey of New Foreign Direct Investment in the United States (BE-13)
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The Bureau of Economic Analysis (BEA) is seeking OMB approval to reinstate without change the BE-13 Survey of New Foreign Direct Investment in the United States. This mandatory survey collects data on acquisitions, establishments, and expansions of U.S. businesses by foreign investors. Approximately 3,417 respondents file each year: 402 BE-13A, 74 BE-13B, 49 BE-13D, 165 BE-13E, and 2,727 exemption claims. The average burden is 0.6 hours per response, resulting in a total of 2,032 burden hours annually. Data are used to measure new FDI, assess its economic impact, and complete coverage of other BEA foreign direct investment statistics. The survey is required by the International Investment and Trade in Services Survey Act.
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Key Changes
- Reinstatement without change of OMB Control Number 0608-0035
- Annual respondents fixed at 3,417 (402 BE-13A, 74 BE-13B, 49 BE-13D, 165 BE-13E, 2,727 exemption forms)
- Total annual burden hours set at 2,032 with average 0.6 hours per response
+ 3 more changes with Pro
Obligations
What this law requires
Business enterprises subject to BE-13 reporting requirements must file the mandatory Survey of New Foreign Direct Investment in the United States (BE-13), whether or not contacted by BEA
Business enterprises contacted by BEA that do not meet reporting requirements must respond to indicate they do not meet the requirements
File Form BE-13A for acquisitions of U.S. business enterprises by foreign investors, once per new investment
File Form BE-13B for establishment of U.S. business enterprises by foreign investors, once per new investment
File Form BE-13D for expansions by existing U.S. affiliates of foreign companies, once per expansion