Hi DMS Law firm in Vietnam! What are principles and forms of outbound Investment made from Vietnam ?
Principles for implementation of offshore investment activities - Outbound investment made from Vietnam:
The State encourages investors to conduct offshore investment activities in order to exploit, to develop and expand the market; to increase the export potential for goods and services, to earn foreign currency, to have access to modern technology, to improve the ability of management and provide additional resources to socio-economic development of the country.
Investors conducting offshore investment activities must comply with this Law, other relevant laws, the law of the investment recipient country or territory (hereinafter referred to as the investment recipient country) and international treaties of which the Socialist Republic of Vietnam is a member; and shall themselves be responsible for the efficiency of offshore investment activities.
Offshore investment forms - Forms of outbound investment made from Vietnam:
Investors shall conduct offshore investment activities in the following forms:
Establishment of an economic organization in accordance with the law of the investment recipient country;
Performance of an offshore BCC contract;
Purchase of all or part of the charter capital of an offshore economic organization to participate in management and conduct business investment activities in a foreign country;
Purchase or sale of securities or other valuable papers or investment via securities investment funds or other intermediate financial institutions in a foreign country;
Other investment forms in accordance with the law of the investment recipient country.
The Government shall provide detailed regulations on implementation of the investment forms prescribed in Point d Clause 1 of this Article (Articles 51, 52 Law on Investment No. 67/2014/QH13 dated November 26, 2014).
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Principles and forms of offshore investment activities made from Vietnam ?
Thi-Ha Nguyen, ACCA
|DMS Law firm in Vietnam|
Lawyer Do Minh Son
Foreign investors are required to meet conditions applicable to conditional business investment in Vietnam