Procedures For Establishing A Foreign Investment Enterprise in Vietnam
Procedures For Establishing A Foreign Investment Enterprise in Vietnam 1. Investment certificate For the first time, foreign investors must have an investment project before being granted an investment certificate. Investment certificates also serve as business registration certificates. The investment certificate will be issued as part of the investment registration and / or evaluation process based on (i) the type of project, (ii) the size of the investment and (iii) whether the project is under conditional investment or not. Read more The investment certificate for a foreign-invested project will have a fixed term of not more than 50 years, which can be extended for up to 70 years with the approval of the Government. The investment certificate will set out the specific scope of business activities that a foreign investor is permitted to conduct in Vietnam, the amount of investment capital, the location and land area to be used and therefore the relevant incentives. (if). The in...