01/11/2013
Application for Investment Certificate (Setting up FDI project associated with establishment of branch)
Application for Investment Certificate
(Setting up FDI project associated with establishment of branch)
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Procedure:
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- 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.
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Mode of execution:
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Procedure to be done directly at the office of an administrative agency.
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Documents required:
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* 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.
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Duration of the procedure:
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15 working days, since the date of receiving application.
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Subjects of the procedure:
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Foreign-invested enterprises which have already been licensed for operation in Vietnam.
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Agencies to execute the procedure:
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- Agency to issue investment certificate: City People’s Committee.
- Agency to execute the procedure: Department of Planning and Investment.
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Result of the procedure:
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Investment certificate.
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Fee:
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Free of charge.
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Forms to be used:
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Request for issuance of investment certificate (follow the stipulated form in the Decision No.1088/2006/QĐ-BKH).
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Requirements of the procedure:
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- 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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