(+84) 96 167 55 66
info@vietanlaw.com

APPLICATION FOR INVESTMENT PROJECT IN VIETNAM

Foreign-owned companies (often called as FDI companies) in Vietnam can invest in new project during their operation, for example: contribute capital to establish a new company; purchase shares, capital contributions in other companies; sign BBC contracts. Depending on the foreign ownership, the procedures applied to each case may be different. Viet An Law Firm collects and provides some basic information as follows:

Investment projects of foreign-owned companies in Vietnam

Cases in which FDI companies having new project shall apply for Investment Registration Certificate:

  • 51% or more of the charter capital are held by foreign investors or by a majority of partners are foreigners if the business organization is a partnership;
  • 51% or more of the charter capital are held by organization as mentioned above;
  • 51% or more of the charter capital are held by foreign investors and organization mentioned above.

An application for Investment Registration Certificate includes:

  • A written request for permission for project execution;
  • Individual investors: copies of ID or passport of each individual;
  • Organization investors: copies of Establishment Certificate or equivalent paper confirming the legal status;
  • Project proposal specifying: the investors, project’s objectives and scale; capital and capital rising method; location, duration and schedule of the project; labor demand;
  • Copies of financial statements in the current 02 years or financial support commitment of the parent company or financial institutions; guarantee for investors’ financial capacity, description of investors’ financial capacity; request for investment incentives; assessment of socio-economic effects of the project;
  • Land use demand. If the project does not use land allocated or leased by the State or does not require the State to change land use purpose, the copies of the lease agreement or equivalent papers proving that investors have rights to use the location shall be submitted;
  • If the project use any technology in the List of technologies restricted from transfer, investors have to submit the explanation on technology transfer.

Submit the application at: 

The Department of Planning and Investment.

The process: Within 15 days from the receipt date of the valid application, the Department of Planning and Investment will grant the Investment Registration Certificate. If the Department of Planning and Investment refuse to grant, they will respond in notices and explain the reasons.

Other FDI companies shall not apply for Investment Registration Certificate but perform report the project, using the Form No. I.13 in Circular No. 16/2015/TT-BKHĐT. Report shall contain: name of the project, investment objective, investment scale, investment capital, place, duration, investment schedule, labor demand and investment incentives (if any).

Besides that, a FDI company may adjust the business registration information at Business Registration Office without forming new investment project. Supplement of business sectors of foreign-owned company shall comply with conditions applied to foreign investors (if any).

INVESTMENT PROJECTS RELATED

Procedures for capital reduction of foreign-invested companies in Vietnam

Procedures for capital reduction of foreign-invested companies in Vietnam

If a company only has Vietnamese capital, that company only needs to register charter capital. This means a foreign-invested company has 2 types of capital including invested capital and charter…
Set up a company for skydiving operation business in Vietnam

Set up a company for skydiving operation business in Vietnam

Your business in skydiving of adventurous sport. Currently, this service has not been committed to open investment by Vietnam to foreign investors.
Consultancy on investment project formation

Consultancy on investment project formation

Provide the consultancy on investment law, plan, policy in general and legal policy relevant to investor’s specific investment field, investment project
Transfer investment project in Vietnam

Transfer investment project in Vietnam

To run business and get profits, investors may invest in a project for two purposes. The first one is to support the business of the enterprise itself. The second one…
Investment projects of foreign-owned companies in Vietnam

Investment projects of foreign-owned companies in Vietnam

Foreign-owned companies (often called as FDI companies) in Vietnam can invest in new project during their operation, for example: contribute capital to establish a new company; purchase shares, capital contributions…
do thi thu ha lawyer

Hanoi Head-office

#3rd Floor, 125 Hoang Ngan, Hoang Ngan Plaza, Trung Hoa, Cau Giay, Hanoi, Vietnam

info@vietanlaw.com

dong van thuc legal consultant

Ho Chi Minh city office

Room 04.68, 4th Floor, River Gate Residence, 151 – 155 Ben Van Don Street, District 4, HCM, Viet Nam

hcm@vietanlaw.com

SPEAK TO OUR LEGAL CONSULTANTS

English speaking: (+84) 9 61 67 55 66 (Zalo, Viber, Whatsapp)

Vietnamese speaking: (+84) 9 33 11 33 66 (Ms.Thu Ha) (Zalo, Viber, Whatsapp)