BUSINESS INVESTMENT CONSULTANCY SERVICE IN VIETNAM

In order to advise and assist customers in carrying out investment activities in Vietnam, help customers choose appropriate investment forms, complete necessary procedures quickly, effectively, and cost savings, Doanh Tri Law firm would like to introduce investment consulting services in Vietnam. We are committed to providing services at the most competitive prices in the market, ensuring fast, accurate and efficient quality.

I. Investment activities in Vietnam

The Law on Investment 2014 stipulates business investment means “the use of investment capital by investors to carry out business activities through the establishment of economic organizations; the contribution of capital to, or purchase of shares or capital contributions at, economic organizations; or investment in the form of contract performance or investment project implementation”.

With the above investment regulations, investment forms in Vietnam recorded in this Law include:

- Investment in the establishment of economic organizations;

- Investment in the form of a contribution of capital to, or purchase of shares or capital contributions at, economic organizations;

- Investment in the form of PPP contract;

- Investment in the form of BCC.

II. Procedures for implementing investment activities in Vietnam

Depending on the type of investment project, the documents need to be prepared and the procedures for implementing investment activities will be different. After preparing the documents, investors will have to carry out one of the investment registration procedures or decide investment policies from the competent authorities if the investment projects are one of the cases that the law requires these procedures to be carried out. The types of procedures for carrying out investment activities in Vietnam mainly include:

- Procedures for deciding investment policies (only applicable to projects subject to investment policy decision);

- Procedures for granting investment registration certificates for projects subject to investment policy decisions;

- Procedures for granting investment registration certificates for projects are not subject to investment policy decisions;

III. Investment project in Vietnam

Under the Law on Investment 2014, investment projects in Vietnam can be classified based on the following investment procedures:

* Projects subject to an investment policy decision by the National Assembly

- Projects with significant environmental impacts or a latent possibility of causing serious environmental effects, including:

+ Nuclear power facilities;

+ Change of use purposes of land under national parks, nature reserves, landscape protection areas, and scientific research and experiment forests of 50 hectares or larger; headwater protection forests of 50 hectares or larger; wind-break, sand-break, and tie-break protection forests, sea encroachment forests, and environmental protection forests of 500 hectares or larger; production forests of 1,000 hectares or larger;

- Land-using projects requiring a change of the use purpose of at least 500 hectares of paddy fields with 2 or more crops per year;

- Relocation and resettlement projects involving 20,000 or more people in mountainous regions or 50,000 or more people in other regions;

- Projects requiring an application of unique mechanisms and policies subject to decision by the National Assembly.

* Projects subject to an investment policy decision by the Prime Minister

- Projects falling into one of the following cases, regardless of their capital sources:

+ Relocation and resettlement of 10,000 or more people in mountainous regions or 20,000 or more people in other regions;

+ Building and commercial operation of airports; air transport;

+ Building and commercial operation of national seaports;

+ Petroleum prospection, exploitation, and processing;

+ Betting and casino business;

+ Cigarette production;

+ Development of infrastructure of industrial parks, export-processing zones, and functional sub-zones in economic zones;

+ Building and commercial operation of golf courses;

- The project does not fall into one of the above cases but has an investment capital of VND 5,000 billion or more;

- Projects of foreign investors in the sectors of sea transport, provision of telecommunications services with network infrastructure, a forest plantation, publishing, press, the establishment of wholly foreign-owned science and technology organizations and science and technology enterprises;

- Other projects subject to an investment policy decision or investment decision by the Prime Minister in accordance with the law.

* Projects subject to an investment policy decision by provincial-level People’s Committees

- Projects entitled to land allocation or land leased by the State, not through auction, bidding, or transfer; projects requiring the change of land use purposes

- Projects using technologies on the list of technologies restricted from transfer in accordance with the law on technology transfer (Investment projects implemented in industrial parks, export-processing zones, hi-tech parks, or economic zones in conformity with approved master plans are not required to be submitted to provincial-level)

* Projects must carry out procedures for granting investment registration certificates

 - Investment projects of foreign investors;

 - Investment projects of economic organizations in specific cases under the Law on Investment;

 * Projects do not need to carry out procedures for granting investment registration certificates

- Investment projects of domestic investors;

- Investment projects of economic organizations in specific cases under the Law on Investment;

- Investment in the form of a contribution of capital to, or purchase of shares or capital contributions at, economic organizations.

IV. The content of investment consultancy services in Vietnam

To help investors implement the necessary procedures to conduct investment activities in Vietnam in a complete, quick, and cost-effective way, Doanh Tri Law firm provides the investment consulting service in Vietnam with the following specific tasks:

- Advice on selecting appropriate investment forms;

- Guidance to prepare documents, detailed legal procedures to carry out investment activities;

- Prepare profile;

- Representatives submit documents, monitor and receive results from competent agencies;

- Other consulting services required by customers;

Besides, Doanh Tri Law firm will support free legal consulting for three months for customers who use the company's services and commit that there will be no additional costs other than the price of the service package provided by the company.

For further information, please contact us via:

Hotline: +84 911 233 955 or Email: [email protected]