AUTHORITY | Ministry of Planning and Investment - MPI. |
PROCEDURE |
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| In case of submission of documents using digital signature: |
Step 1: | Investors register an account on the National Investment Information System; |
Step 2: | Investors declare information, download electronic documents, sign and authenticate documents according to the process on the National Investment Information System; |
Step 3: | After completing the submission of documents, the investor receives a receipt of application through the System; |
Step 4: | In case the dossier is not valid or has contents to be clarified, MPI shall send a notice to the investor to complete the dossier through the System; |
Step 5: | MPI returns results to individuals/organizations. |
In case of submission of application dossier for outward investment registration account: |
Step 1: | Investors register an account on the National Investment Information System; |
Step 2: | Investors declare information and download electronic documents on the System; |
Step 3: | After completing the submission of documents, the investor shall receives a receipt of application through the System; |
Step 4: | In case the dossier is not valid or has contents to be clarified, MPI shall send a notice to the investor to complete the dossier through the System; |
Step 5: | MPI notifies investors on the System that the dossier is eligible for issuance of an outward investment registration certificate; |
Step 6: | The investor submits a set of paper documents with a printed copy of the application receipt to MPI, either in person or by post service to compare with the application submitted on the System; |
Step 7: | MPI returns results to individuals/organizations. |
SUBMISSION OF DOSSIER | Online at the National Information System on Vietnam's outward investment. |
DOSSIER |
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| Number: | 01 (one) dossier set. |
Elements: | 1. Outward investment registration documents; |
2. Documentation of investor's legal status; |
3. Decision on outward investment as prescribed in Article 59 of the Law on Investment; |
4. A written commitment to self-balance foreign currency sources or a written commitment to arrange foreign currency for investors of an authorized credit institution. In case the investor chooses to submit a written commitment to arrange foreign currency by themselves, it must be enclosed with a document from a credit institution certifying the investor's foreign currency account balance; |
5. Written approval of a competent state agency on the satisfaction of outward investment conditions (For outward investment projects in the fields of banking, insurance, securities, press, radio, television, real estate business) (if any); |
6. The tax authority's document certifying the investor's fulfillment of tax payment obligations; |
7. Documents determining the form of outward investment; |
8. Documents certifying the location of the outward investment project. |
ADMINISTRATIVE FEES | None. |
DURATION | 15 days from the date of receipt of a valid application (for the case of submission of a digital signature). |
SUBJECT | Investors invest in projects with outward investment capital of less than 20 billion VND and are not subject to conditional outward investment. |
RESULT | Valid dossier: Outward investment registration certificate; |
Invalid dossier: Notice of completion of application/rejection of IRC. |
LEGAL BASIS | Law on Investment 2020; |
| Decree 31/2021/ND-CP detailing and guiding the implementation of a number of articles of the Law on Investment. |