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Investments of foreign-owned economic organizations

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

INVESTMENT OPERATIONS OF FOREIGN OWNED ECONOMIC ORGANIZATIONS
(The Law on Investment in 2014 No. 67/2014/QH13, the Decree No. 118/2015/ND-CP guiding implementation of the Law on Investment in 2014)

I. Execute investment operations of foreign owned economic organizations

1. The economic organizations have to qualify and execute investment procedures in complying with regulations for foreign investors when investment to establish economic organizations; make capital contribution, assignment shares, capital contribution of economic organizations; under Business Cooperative Contracts, as provided follows:
a. Foreign Investors hold 51% and more of charter capital or most of partners are foreign individuals in case of partnership;
b. The economic organizations as provided in Point a of this Clause holding 51% and more of Charter Capital;
c. Foreign Investors and Economic Organizations as provided in Point a of this Clause holding 51% and more of Charter Capital;

Since the date of obtaining the Enterprise Registration Certificate or other equivalent documents, the Economic Organizations which established by the foreign investors are the investors implementing investment projects as regulated in the Investment Registration Certificate.

2. In case there are new investment projects more than investment projects obtained Investment Registration Certificates, the foreign owned economic organizations execute following procedures:
a. The economic organizations provided in Point a, b and c of Clause 1, Article 23 of the Law on Investment, implement procedures issuing the Investment Registration;
b. The Economic Organizations not being under the Point a of this Clause, report in accordance with regulations of the Law on Investment. Reports including: Name of Investment Projects, Investment Objectives, Investment Scale, Investment Capital, Location, Term, Investment Progress, Labor Demand, Investment Incentives (if any).

Any question please contact NVCS for detail case-by-case legal 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)

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