Procedure for application of Investment Registration Certificate in Vietnam

Hi DMS Law office in Danang, Vietnam!

Foreign company, foreign investor shall need Investment License to conduct investment project in Vietnam. Could you advise us on procedure to apply for an Investment Registration Certificate in Da Nang, Vietnam ? 

Hi!

Procedure to apply for Investment Registration Certificate in Vietnam:

Foreign investors are permitted to set up company in Vietnam, according to the law. Before establishing a company in Vietnam, the foreign investor must have an investment project and apply for a Certificate of investment registration (Clause 1 Article 22 Law on Investment No. 67/2014/QH13 dated November 26, 2014);

Dossiers for Investment Registration Certificate in Vietnam, include:

A written request for permission to execute the investment project;

A copy of the ID card or passport (if the investor is an individual); a copy of the Certificate of establishment or an equivalent paper that certifies the legal status of the investor (if the investor is an organization);

An investment proposal that specifies: investor(s) in the project, investment objectives, investment scale, investment capital, method of capital rising, location and duration of investment, labor demand, requests for investment incentives, assessment of socio-economic effects of the project;

Copies of any of the following documents: financial statements of the last two years of the investor; commitment of the parent company to provide financial support; commitment of a financial institutions to provide financial support; guarantee for investor’s financial capacity; description of investor’s financial capacity;

Demand for land use; if the project does not use land allocated, leased out by the State, or is not permitted by the State to change land purposes, then a copy of the lease agreement or other documents certifying that the investor has the right to use the premises to execute the project shall be submitted (Clause 1 Article 33 Law on Investment No. 67/2014/QH13 dated November 26, 2014).

Consulting services:

Phone: 0914 165 703 or email: dmslawfirm@gmail.com

Procedure to apply for Investment Registration Certificate in Vietnam