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Procedures of foreign investment in the form of joint venture

Nguyễn Thành Tựu
0916.303.656

Name: NGUYEN THANH TUU-(MR. TONY)

Job title: MBA Lawyer – CEO- 

Phone: +84 9.19.19.59.39

Email: tuulawyer@nvcs.vn

Consultancy area: Investment- Tax- M&A – IP – Dispute settle.

Language: Vietnamese – English

PROCEDURES OF FOREIGN INVESTMENT IN THE FORM OF JOINT VENTURE

Not only the foreign investment be approval for direct invest in the form of economic organizations with 100% foreign capital, but also foreign investors can invest indirectly through Joint ventures with domestic and foreign partners.

  • Forms of indirectly investment according to the current law:

1.  Making investment by contributing capital, buying shares, or buying capital contributions of bussiness organizations

An investor shall follow the register the capital contribution, purchase of shares, or capital contributions in the following case:

+ The investor contributes capital, buy shares or capital contributions of bussiness organizations engaged in business lines subject to conditions applied to foreign investors;

+ 51% of charter capital of the business organization or more is held by foreign investors and/or business organizations after the captital is contributed, or shares/capital contributions are purchased;

+ A copy of the ID card or passport ( if the investor is an individual).

+ A copy of the Certificate of establishment or an equivalent paper the certificates the legal status of investor (if the investors is an organization).

2. Investment under PPP contracts

Investors and project management companies shall sign PPP contract with competent authorities and execute an invesment project to build new infrastructural works, to improve, upgrade, expand, manage, and operate infrastructural works, or to provide public services.

3. Investment under business cooperation contracts

Business cooperation contracts signed between Vietnamese investors are executed in accordance with cival laws.

Procedures for issuance of Certificates of investment registration shall apply to business cooperation contracts signs between a Vietnamese investor with a foreign investor, or between foreign investors.

Parties to a business cooperation contract shall establish a steering board to execute BBC. Function, tasks, powers of the steering board shall be agreed by the parties.

Wih the best legal service, we guarantee to advices for Customers with detail case-by-case legal advides.

Any question please contact NVCS for detail advices.

CONTACT US

Hotline: +84 919 19 59 39 (Call Lawyer immediately for free consultation – Mr. Tuu)

Email: Luatsu@nvcs.vn (Just CLICK on Email and fill in the blank with your information, the Customers shall be quickly complete the legal process)

 0919 19 59 39    

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