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).

- Business cooperation contract in case of the mode of investment follows a business cooperation contract.

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

- Business registration documents:

+ Draft regulation/charter of the company.

+ List of founding members/shareholders (original copy follow stipulated form).

+ 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.

+ Document of certifying the legal capital (in respect of enterprises conducting business lines for which legal capital is required by law – an original copy).

+ Practicing certificate (in respect of enterprises conducting business lines for which practicing certificate is required by law – a notarized copy).

- Joint venture contract in case of establishment of a joint venture economic organization between a domestic investor and a foreign investor.

* 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 investors in name of organizations or individuals, and/or Vietnamese organizations or individuals intend to cooperate with foreign investors.

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 enterprise.

- 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.