List of steps
(Total number of steps: 79)
Meet IPA
Obtain certified copies of foreign documents  (2)
Obtain consular legalized copies of documents  (3)
Obtain certified translation of documents  (2)
Obtain authenticated copies of passports or Vietnamese ID cards  (2)
Obtain approval of investment intent  (2)
Obtain authenticated copies of approval of investment intent  (2)
Obtain endorsement of investment site map  (4)
Obtain approval of investment site  (2)
Obtain authenticated copies of documents  (2)
Declare investment project information online
Obtain investment registration certificate (IRC)  (2)
Obtain authenticated copies of IRC  (2)
Obtain Enterprise Registration Certificate (ERC)  (3)
Make seal and notify seal specimen  (2)
29
Make seal
Open bank account  (1)
Obtain approval of environmental impact assessment (EIA) report  (6)
Obtain cadastral map of investment site  (2)
Obtain land recovery acceptance of Commune People's Committee  (3)
Obtain proposal of compensation and resettlement plan  (2)
Obtain authenticated copies for land recovery acceptance file  (2)
Obtain land recovery acceptance of District People's Committee  (2)
Obtain authenticated copies for land recovery and lease application file  (2)
Obtain decision on land recovery and lease  (2)
Obtain approval of compensation and resettlement plan  (1)
Pay compensation and support amounts  (1)
Attend on-site title plan verification  (1)
Obtaining authenticated copies for land lease contract application  (2)
Sign land lease contract  (2)
Obtain authenticated copies of land lease contract  (2)
Obtain planning certificate  (2)
Obtain land use right certificate (LURC)  (4)
Obtain construction design profile  (2)
Obtain appraisal on construction design profile  (2)
Obtain authenticated copies of planning certificate, LURC and approval of EIA report  (2)
Obtain fire prevention and fighting (FPF) profile  (2)
Obtain certificate of fire prevention and fighting  (2)
Obtain construction permit  (2)

Preview & Print

Properties
 
22
Submit application for IRC
(last modified: 2/8/2017)

Costs

( ver detalles )

Timeframe ( ver detalles )

Espera hasta paso siguiente

Free of charge
15 mn  -  35 mn
10 days  -  15 days

Contact details

Entity in charge

Vinh Phuc Investment Promotion and Support Agency

No.38-40 Nguyen Trai Street , Vinh Yen City
Tel: +84 912 472 482/+84 211 361 6618
Fax: +84 211 361 6018
Email: ipa@ipavinhphuc.vn
Website: http://www.ipavinhphuc.vn

Unit in charge

Document Receiving and Result Return Desk

Mon: 07:00-11:30, 13:30-17:00
Tue: 07:00-11:30, 13:30-17:00
Wed: 07:00-11:30, 13:30-17:00
Thu: 07:00-11:30, 13:30-17:00
Fri: 07:00-11:30, 13:30-17:00
Sat: 07:00-11:30, 13:30-17:00

Person in charge

Nguyen Manh Doan

Officer
Tel: +84 918 333 638
Email: doannm88@yahoo.com

Expected results

Document receipt and transfer slip (land lease - outside IZ) 01 - Document receipt and transfer slip (land lease - outside IZ)

Requirements

Natural persons Legal persons Representatives
For all types of investors
1. Request/ Registration for issuance of investment certificate (Appx.I-3)
Request/ Registration for issuance of investment certificate (Appx.I-3) (original)
It must be fully filled, duly signed by individual investor or representative of corporate investor and sealed by corporate investor (holding company).
2.  Report on financial capability
Report on financial capability (original)
It is prepared by investors and for which investors shall be liable. Its contents must clearly indicate the source of investment capital. Please find the sample attached herewith for reference. Investor may submit a certified balance bank account (for individual investors or newly-established corporate investors) or financial statement (for the corporate investors)] or other related documents proving the investor's ability to raise capital and/or the support of its parent company if any.
3. Statement/ Presentation on investment project
Statement/ Presentation on investment project (original)
It is recommended that investors should provide a statement/representation on investment project which may contain the followings: investment objectives, location, scope, capital, feasibility, use of Vietnam and foreign employees, anticipated progress of implementing investment project and other related issues. It must be fully and duly signed and sealed by investor(s).
4. Draft company charter
Draft company charter (original)
The samples are for reference only and may be changed by investors in accordance with the Law on Enterprise No. 60/2005/QH11 and its guidance. The company charter must be fully signed and sealed by all founding members or shareholders and by legal representative of the Company to be established.
5. List of company members
List of company members (original)
It is applicable to limited liability company (LLC) and in accordance with Appendix I-6 of Circular No. 01/2013/TT-BKHDT.). It must be duly signed and sealed by each members in column 14 and by legal representative of the company at the end.
or List of founding shareholders
List of founding shareholders (original)
It is applicable to shareholding companies and in accordance with Appendix I-7 of Circular No. 01/2013/TT-BKHDT. It must be duly signed and sealed by each shareholder in column 20 and by legal representative of the company at the end.
or List of authorized representatives
List of authorized representatives (original)
It is applicable to limited liability company which has one member being an entity and in accordance with Appendix I-9 of Circular 01/2013/TT-BKHDT. It must be duly signed and sealed by each members in column 13 and by legal representative of the company at the end.
6. 01 - Libre deuda de patente
Authenticated copy of passport or identity card of company's legal representative
7. 01 - Libre deuda de patente
Authenticated copy of approval of investment site
8. 01 - Libre deuda de patente
Authenticated copy of approval for investment intent
9. 01 - Libre deuda de patente
Passport or Vietnamese ID card of the applicant (original)
to present at the counter
For individual investor(s), supplement:
1. 01 - Libre deuda de patente
Authenticated copy of passport of individual investor(s)
2. 01 - Libre deuda de patente
Legalized copy of bank statement
It is not legal requirement but useful in any way to prove healthy financial status of investor. Please note that the balance must be at least equal to registered charter capital of the company. A bank statement issued by a foreign bank outside Vietnam must be consular legalized within three months before the date of submission of application file.
3. 01 - Libre deuda de patente
Certified translation of bank statement
It is applicable in case of bank statement issued by a foreign bank outside Vietnam.
For corporate investor(s), supplement:
1. 01 - Libre deuda de patente
Legalized copy of certificate of incorporation
Please note that it must be consular legalized within three months before the date of submission of the business registration application file.
2. 01 - Libre deuda de patente
Certified translation of certificate of incorporation
3. 01 - Libre deuda de patente
Consular legalized copy of 2 latest years audited financial report
It is not legal requirement but useful in any way to prove healthy financial status of investor. It is recommendated to submit an audited financial statement in the last three years if any.
4. 01 - Libre deuda de patente
Certified translation of 2 latest years audited financial report
5. 01 - Libre deuda de patente
Power of attorney (to investor's representative) (original)
In case corporate investor wishes to appoint a person other than investor's legal representative to register project in Vietnam, an appoinment letter, decision or PoA is required.
6. 01 - Libre deuda de patente
Authenticated copy of passport of investor's representative
to prove the legal personality of the authorized representative of the corporate investor.
For establishment of an joint venture company between foreign investor(s) and Vietnamese investor(s), supplement:
1. Joint venture contract
Joint venture contract (original)
It is initiated on each page and signed at the end of the contract by the authorized representatives of the joint venture parties (foreign investors and Vietnamese investors). Please note that the Vietnamese version is mandatory.
2. 01 - Libre deuda de patente
Written approval for using State capital in investment/joint venture (original)
approving Vietnamese investor’s use of State capital for the joint venture (if applicable)
For investment project having investment capital of three hundred (300) billion VND or more, supplement:
1. Economic-technical explanatory statement
Economic-technical explanatory statement (original)
For case that investors authorize other person to submit application file and receive result, supplement:
1. Power of attorney to applicant
Power of attorney to applicant (original)
In case where the applicant is neither legal representative of company to be established or authorized representative of investor, a power of attorney from investor to such applicant is required.

Costs

Time frame

In principle, no later than the 10th working day from the date of receipt of valid application file, result shall be issued by Vinh Phuc People's Committee if an investment project is approved. In fact, time frame could be prolonged than 10 working days if supplementary document(s) is required to make clear of the submitted investment project.
Waiting time in queue: Min. 5mn - Max. 15mn
Attention at counter: Min. 10mn - Max. 20mn
Waiting time until next step: Min. 10 days - Max. 15 days

Legal justification

1. Law No. 67/2014/QH13 dated November 26 of the National Assembly on Investment
Law No. 67/2014/QH13 dated November 26 of the National Assembly on Investment
articles 22, 33.1, 36.1.a, 37.2, 38
2. Decree No. 118/2015/ND-CP of the Government dated November 12, 2015 providing guidelines for implementation of a number of articles of Law on Investment
Decree No. 118/2015/ND-CP of the Government dated November 12, 2015 providing guidelines for implementation of a number of articles of Law on Investment
articles 24, 28, 29
3. Circular No. 16/2015/TT-BKHDT of the Ministry of Planning and Investment dated November 18, 2015 issuing standard forms for conducting investment procedures and report on investment in Vietnam
Circular No. 16/2015/TT-BKHDT of the Ministry of Planning and Investment dated November 18, 2015 issuing standard forms for conducting investment procedures and report on investment in Vietnam
articles I.1, I.3
4. Decision No. 41/2012/QD-UBND Regulation on “one stop service” administrative procedure settlement on direct investment projects at Vinh Phuc Investment Promotion Agency
Decision No. 41/2012/QD-UBND Regulation on “one stop service” administrative procedure settlement on direct investment projects at Vinh Phuc Investment Promotion Agency
Article 9

Additional information

The files of an investment project shall be prepared in Vietnamese or both in Vietnamese and a commonly used foreign language. If there is any difference between the Vietnamese version and the foreign language version, the Vietnamese version shall be applied.

Investor shall submit 01 set of application in original for the project having investment capital of less than three hundred (300) billion VND; or 08 sets of application, including: 01 set of originals and 07 sets of simple copies for the project having investment capital of three hundred (300) billion VND or more.

The investors can prepare the application file by themselves or they can require some local support (e.g. from law or consultancy firms).

Please note that in some cases, investors may add further documents to clarify their investment project if they wish so or as per extra request of the unit in charge, such as: Decision and/or meeting minutes of founding member(s)/shareholders on company establishment; decision of investor(s) on investment project; or shareholder agreement, etc.

Recourse: Vinh Phuc Investment Promotion and Support Agency

Entity in charge

Vinh Phuc Investment Promotion and Support Agency

No.38-40 Nguyen Trai Street , Vinh Yen City
Tel: +84 912 472 482/+84 211 361 6618
Fax: +84 211 361 6018
Email: ipa@ipavinhphuc.vn
Website: http://www.ipavinhphuc.vn

Unit in charge

Document Receiving and Result Return Desk

Mon: 07:00-11:30, 13:30-17:00
Tue: 07:00-11:30, 13:30-17:00
Wed: 07:00-11:30, 13:30-17:00
Thu: 07:00-11:30, 13:30-17:00
Fri: 07:00-11:30, 13:30-17:00
Sat: 07:00-11:30, 13:30-17:00

Person in charge

Nguyen Duy Tien

Head of One Stop Service Division
Tel: +84 912 472 482
Email: tiennd@ipavinhphuc.vn
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