Investment registration certificate

What is an Investment Registration Certificate?

The latest regulations on investment registration certificates in accordance with the law: Requirements for granting, application documents and procedures.

Legal basis: Law on Investment 2020, Decree 118/2015/ND-CP

What is an Investment Registration Certificate? 

Investment registration certificate (IDT) is a document or an electronic document recording the investor's registration information about an investment project.

Conditions for applying for an Investment Registration Certificate in Vietnam

Pursuant to the provisions of current law, the conditions for applying for an investment license in Vietnam are prescribed as follows:

– Foreign investors must ensure the ratio of charter capital ownership in economic organizations

Regarding investment forms, foreign investors in Vietnam are only allowed to invest in the following forms:

+ Investing in the establishment of economic organizations;

+ Investment in the form of capital contribution, purchase of shares or capital contribution in economic organizations;

+ Investment in the form of business cooperation contract;

+ Receiving transfer of investment projects or other cases of receiving investment projects;

+ Amending and supplementing investment and business lines of foreign-invested economic organizations;

In addition, foreign investors must comply with the scope of investment activities and Vietnamese partners participating in the implementation of investment activities and other conditions as prescribed by law.

Dossier of application for Certificate of investment registration in Vietnam Việt

Depending on each different investment project, the authority to decide on investment policies and dossiers is also different.

Investment projects under the investment policy decision of the provincial People's Committee and the project not subject to the decision on investment policy

Investment project dossiers include:

a) A written request for the implementation of the investment project

b) A copy of the identity card, identity card or passport for the investor being an individual; a copy of the Certificate of Establishment or other equivalent document certifying the legal status of the investor being an organization

c) Investment project proposal, including the following contents: investor implementing the project, investment objectives, investment scale, investment capital and capital mobilization plan, location, time limit and schedule investment, labor demand, proposal for investment incentives, assessment of the project's socio-economic impact and efficiency;

d) A copy of one of the following documents: financial statements of the last 02 years of the investor; commitment to financial support of the parent company; financial institution's commitment to financial support; guarantee on the financial capacity of the investor; documents explaining the financial capacity of the investor;

dd) Proposing the demand for land use; In case the project does not request the State to allocate or lease land or permit the change of land use purpose, a copy of the location lease agreement or other document certifying that the investor has the right to use the site for implementation. current investment project;

e) An explanation on the use of technology for the project specified at Point b, Clause 1, Article 32 of this Law, including the following contents: technology name, technology origin, technological process diagram; main technical parameters, use status of main machinery, equipment and technological lines;

g) BCC contract for investment projects in the form of BCC contract.

>> See more Procedures for adjusting the Investment Registration Certificate

Investment projects under the investment policy decision of the Prime Minister
– Components of the dossier are the same as the investment documents according to the investment policy decision of the Provincial People's Committee
- Plan for site clearance, migration and resettlement (if any);
– Preliminary assessment of environmental impacts, environmental protection solutions;
- Assessment of economic and social impacts and efficiency of investment projects.

Investment project dossiers according to the decision on investment policies of the National Assembly
- Components of the dossier are the same as the investment dossiers according to the investment policy decision of the Provincial People's Committee;
- Plan for site clearance, migration and resettlement (if any);
– Preliminary assessment of environmental impacts, environmental protection solutions;
- Assessment of the project's socio-economic impacts and efficiency;
- Proposing specific mechanisms and policies (if any).

Competent authority to issue the certificate

The authority to issue an Investment Registration Certificate is prescribed as follows:

– The Management Board of industrial parks, export processing zones, hi-tech zones and economic zones shall receive and issue the Investment Registration Certificate for investment projects in industrial parks, export processing zones, high-tech zones, and zones. economy;

- The Department of Planning and Investment shall receive and issue permits for investment projects outside industrial parks, export processing zones, high-tech zones and economic zones;

- The Department of Planning and Investment where the investor is located or is expected to have its head office or executive office to implement the investment project shall receive and issue the Investment Registration Certificate for investment projects implemented in the locality. many provinces and centrally-run cities and investment projects implemented inside and outside industrial parks, export processing zones, high-tech zones and economic zones.

Procedures for applying for an investment certificate in Vietnam

Similar to the application file, the procedure for applying for an Investment Registration Certificate also depends on the type of project.

For investment projects subject to decision on investment policies 

Step 1: Prepare documents

Investor prepares all documents (mentioned above)

Step 2: Foreign investors submit documents to the investment registration agency

Step 3: Within 05 working days from the date of receipt of the decision on investment policy, the investment registration authority shall issue the Investment Registration Certificate to the investor.

For investment projects that are not subject to decision on investment policies
Step 1: Prepare documents

Step 2: Foreign investors submit documents to the investment registration agency

Step 3: Within 15 working days from the day on which the complete application is received, the investment registration authority shall issue the Investment Registration Certificate; In case of refusal, the investor must be notified in writing and clearly state the reasons therefor.

 

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Investment registration certificate

When implementing an investment project in Vietnam, investors are required to have an Investment Certificate, which will help the State manage well the activities of enterprises and foreign investment capital in Vietnam.
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Business establishment license

After the registration procedure for the Investment Registration Certificate is completed, the foreign investor will continue to apply for a license to establish an enterprise based on current legal policies, the company will be established and operated. according to the regulations and laws of Vietnam
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Fire prevention license

The pccc license is one of the mandatory conditions of the investor when carrying out administrative procedures related to the form of construction. The licensing authority belongs to the Fire Prevention and Fighting Police Department or the provincial and city police.
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Environmental impact assessment (EIA) report

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Appraisal of basic design documents

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