Issuance of an Investment registration certificate (IRC) for project that is not a subject to the approval for investment guidelines:

AUTHORITY

The Investment Registration Authorities, including: Department of Planning and Investment or the Management boards of the industrial parks, export-processing zones, hi-tech zones and economic zones

PROCEDURE

 

 

Step 1:

The investor submits an application for an IRC;

 

Step 2:

The Investment Registration Authority shall review the dossier to determine whether the dossier is qualified or not (request to complete in such case).

 

Step 3:

The Investment Registration Authority issues an IRC to an investor/notifies an investor on the System of being eligible for an IRC;


Step 4:

The investor submits a paper dossier to the Investment Registration Authority together with a printed copy of the receipt, either in person or by post to compare the dossier on the System;


Step 5:

The Investment Registration Authority issues IRC to investor.

SUBMISSION OF DOSSIER

Directly at the Competent Authority or online on the National Investment Information System. 

DOSSIER



Number:

01 (one) dossier.

 

Elements:

  1. A written request for project implementation;

 

  1. Copy of identity card, identity card or passport for individual investors; a copy of the Enterprise Registration Certificate or other equivalent document certifying the legal status of the business organization investor;

 

  1. Investment project proposal or pre-feasibility study report;


  1. Documents proving financial capacity: Financial statements of the last 2 years; commitment to financial support of the parent company; financial organization's commitment to financial support; guarantee the financial capacity of the investor; other documents proving financial capacity;


  1. If the project does not request the State to allocate or lease land or permit the change of land use purpose, a copy of the paper on land use rights or another document certifying that the investor has the right to use the land shall be submitted;


  1. Explain the use of technology for projects subject to appraisal and collection of opinions on technology in accordance with the law on technology transfer;


  1. BCC contract for investment projects in the form of BCC contract.

DURATION

15 days from the date of receiving the request for issuing an IRC.

SUBJECT

Projects subject to investment guidelines approval without an investor approval are required to carry out the IRC issuance procedures or demand to be issued IRC.

RESULT

Valid dossier: Investment Registration Certificate

Invalid dossier: Notice of dossier completion/rejection of issuing IRC.

LEGAL BASIS

Law on Investment 2020;

Decree no 31/2021/ND-CP guiding the Law on Investment;

Circular no 03/2021/TT-BKHDT stipulating the form of documents and reports related to investment activities in Vietnam, investment from Vietnam to abroad and investment promotion issued by the Ministry of Planning and Investment promulgates.