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Application for Investment Certificate (Setting up FDI project associated with establishment of branch)
01/11/2013 - 03:30

Application for Investment Certificate

(Setting up FDI project associated with establishment of branch)

Procedure:

 

- Investor submits application to the “one-door” office of the Department of Planning and Investment.

- If the application is adequate and valid, the reception officer will accept and issue receipt.

- Investor receives investment certificate at the “one-door” office of the Department of Planning and Investment.

Mode of execution:

 

Procedure to be done directly at the office of an administrative agency.

Documents required:

 

* Dossiers of application include:

- Written request for issuance of investment certificate (follow stipulated form).

- Report on financial capability of the investor (to be prepared and liable for by the investor).

- Business registration documents:

+ Business registration certificate (copied).

+ Minutes, decision of the company on establishment of the branch.

+ Decision on nomination of the head of branch.

+ Regulation/charter of the company (copied).

  + Valid copies of identity card/ passport/ or other legal personal identities; copies of decision on establishment/ business registration certificate/ or other equivalent documents of the company.

  + Letter of attorney attached with a copy of identity card/ passport/ or other legal personal identities of the company representative.

- Legal documents concerned (advices of relevant departments, if any).

- Contract on leasing house/land, and documents concerning the legal rights of using that house/land.

* Number of application set required: 03 sets.

Duration of the procedure:

 

15 working days, since the date of receiving application.

Subjects of the procedure:

 

Foreign-invested enterprises which have already been licensed for operation in Vietnam.

Agencies to execute the procedure:

 

- Agency to issue investment certificate: City People’s Committee.

- Agency to execute the procedure: Department of Planning and Investment.

Result of the procedure:

Investment certificate.

Fee:

 

Free of charge.

Forms to be used:

 

Request for issuance of investment certificate (follow the stipulated form in the Decision No.1088/2006/QĐ-BKH).

Requirements of the procedure:

 

- Setting up FDI project associated with establishment of branch.

- Having invested capital from VND 15 billion up to VND 300 billion.

- Not belong to conditional sectors of investment (regulated at Article 29, Law on Investment).

- Not belong to sectors of investment as regulated at Item 1 Article 37, Decree No.108/2006/NĐ-CP.

 

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