vietnam

Investment Certificate

  • 01/01/1970

Investment Certificate

Purpose To manage investment activities
What is it Certificate
Who should apply 00

Domestic investors and foreign investors carrying out investment activities within the territory of Vietnam.
Where to apply
  • Department of Planning and Investment:
    • Investment projects outside industrial zones, export processing zones, high-tech zones and economic zones;
    • Investment projects for development of infrastructure facilities in industrial zones, export processing zones, high-tech zones and economic zones in localities, which have not yet established a management committee.
  • Management Committees of industrial zones, export processing zones, high-tech zones and economic zones:
    • Investment projects in industrial zones, export processing zones, high-tech zones and economic zones;
    • Investment projects for development of infrastructure facilities in industrial zones, export processing zones, high-tech zones and economic zones.
Validity of the License and application fee Unspecified
Application conditions and documents
  • Domestic invested projects:
    • Investor shall not be required to carry out procedures for investment registration of projects which have invested capital below VND fifteen (15) billion and are not in sectors in which investment is subject to conditions. Please see the linked document for sectors subject to conditions.
    • Domestic investors must carry out procedures for investment registration in the case of domestic investment projects which have invested capital of between VND fifteen (15) billion and less than VND three hundred (300) billion and are not in sectors in which investment is subject to conditions. The applications shall include documents showing:
      • Legal status of the investor;
      • Objectives, sale and location for implementation of the investment project;
      • Invested capital, project implementation schedule;
      • Land use requirements and undertakings on environmental protection;
      • Proposal for investment incentives (if any)
  • Foreign invested projects:
    • Investment registration form;
    • Business co-operation contract if the investment form is a business co-operation contract;
    • Report on financial capability of the investor (which the investor shall prepare and be liable for).
  • Investment projects having invested capital of VND three hundred (300) billion and more and that are not in sectors in which investment is subject to conditions, applications shall include the following documents:
    • Written request for issuance of investment certificate on the stipulated form;
    • Document certifying the legal status of the investor;
    • Report on financial ability of the investor;
    • Economic-technical explanatory statement, comprising the following main items: objectives, scale, location of investment, invested capital, schedule for implementation of the project, land use requirements, and technological and environmental solutions;
    • Business co-operation contract, if the investment form is a business co-operation contract.
  • Investment projects that are in sectors in which the investment is subject to conditions, applications shall include documents showing:
    • Explanatory statement on ability to satisfy conditions which the investment project must comply with
    • The above application documents applied in different cases.
The process

Investors submit the application documents to the Department of Planning and Investment, or to the Management Committees of the industrial zones, export processing zones, whichever, their case requires

How long it will take to process the application?

Within 15 working days, from the date of the receipt of the application documents, the investment certificate issuing body shall check the validity of the application file and issue the investment certificate

Inspecting authorities
  1. Department of Planning and Investment
  2. Management Committees of industrial zones, export processing zones, ...
Non-compliance penalty Stipulated at Decree 108/2006/NĐ-CP dated 22 September 2006 providing detailed provisions and guidelines for implementation of a number of articles of Law on Investment.
Legal texts regulating this license
Other useful information

An investment certificate shall contain the following main items:

  1. Location in which the investment project will be implemented and land use area requirements;
  2. Total invested capital;
  3. Duration of implementation of the project;
  4. Schedule for implementation of the investment project;
  5. Confirmation of investment incentives and support (if any).

This fact sheet will be updated upon the issuance of related circular(s) and/or other regulations. Information provided in the fact sheet is based on information contained in Decree 108/2006/ND-CP, dated 22 September 2006.

PROFILE LHD LAW FIRM
Tags
0 comment
Send comment
captcha

Others Post

+68889+

Happy Client's

+16889+

Projects Done

+39+

Employees

3+

Office Locations