DO INVESTMENT PROCEDURES NEED TO FOLLOW THE FORMS?
 

This is one of the questions that foreign investors are interested in when they want to conduct an investment deal in Vietnam, because it is not only related to administrative procedures, but also directly affects the legality, quality and benefits of those investment projects.

According to Vietnamese legal system, the investment registration processes must comply with the forms specified in Annex I and II in Circular 16/2015/ Regulations on application forms for investment procedures and reporting forms on investment in Vietnam. Specifically, the list of forms is clearly divided into each group of objects as follows:

For investors: 13 forms are required; such as Application form for project execution; Project proposal form; Application forms for establishment of executive offices; Notice of termination of  project execution;…

For state management agencies on investment: 9 forms are required, such as Decision on Investment Policies of People’s Committee of provinces/Management Boards of industrial parks, export-processing zones, hi-tech parks and economic zones; Investment Registration Certificate; Agreement on deposit as security for project execution; Decision on termination of project operation; Application form for extension of project schedule;…

With the above information, Gattaca Law wishes Agency and Investors to pay attention in the processes of implementing investment projects in Vietnam!