Most of foreign investors intend to invest in Vietnam for the first time will be reluctant about local investment registration procedures. Should Customers have any inquiry about the investment registration process, Dragon Law will advice in line with the provisions of Vietnamese laws and regulations.
New Foreign Investment Registration in Vietnam
Update: 23/12/2016 | 10:55:55 AM - Dragon Law Firm
Most of foreign investors intend to invest in Vietnam for the first time will be reluctant about local investment registration procedures. Should Customers have any inquiry about the investment registration process, Dragon Law will advice in line with the provisions of Vietnamese laws and regulations.
Dragon Law with high experience lawyer teams in foreign investment procedures would like to support all-in-one consultation services to our Clients.
I. Conditions on Investment Procedures
1. Procedures for applying the investment policy decisions from Government
a. According to Investment Law 2014 for investment projects which have to apply for investment policy decisions of the National Assembly, the Prime Minister, the Provincial People's Committee, the investor shall implement procedures for applying the investment policy decisions;
b. If the project does not need to get decision, the investor does not have to implement procedures for applying the policy decision.
Thus, if investors want to implement investment projects in Vietnam must first consider whether an investment project has decided to apply the Government policy or not.
2. Investment registration procedures
According to Investment Law 2014, the following projects need to register for certificates of investment:
a. Investment projects of foreign investors;
b. Investment project of economic entities specified as the Investment Law.
3. Some cases don’t need to implement the procedure for issuance of investment certificate of registration:
a. Investment projects of local investors;
b. Investment project of economic entities specified as the Investment Law;
c. Investments in the form of capital contribution and share purchase and capital contribution purchase of economic organizations.
Thus, for projects of foreign investors, the project's economic organization which meets the conditions under the Law (charter capital from 51% or more) must carry out the procedures for granting investment certificates.
II. Business Registration Procedures of New Enterprise Establishment
1. After performing the investment registration procedures, foreign investors need to make business registration procedures compliant with the provisions in the Law on Enterprise 2014 such as: members, contribution capital, business lines, forms of enterprise, headquarter location, manufacture address …
2. If the foreign investors plan to invest in Vietnam with business lines listed in the conditional business sectors, the investors have to register investment procedures compliance with the specialized laws and regulations.
If there is any question, please kindly contact to the best law firm in investment for more detail at:
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