Obtaining an Investment Certificate

Step 1 Foreign investors submit application documents to obtaining an Investment Certificate (IC) to set up a FOC in Vietnam. The IC is also the business registration certificate for the FOC (Foreign Owned Company).

Step 2
The IC is issued to a foreign investor through a registration process or an evaluation process, subject to the capital size/investment field of the investment project in Vietnam.

Step 3 For projects subject to the Registration Process, the foreign investor may obtain an IC within 7 – 14 working days from the date of submission of complete application documents.

Note: For projects subject to the Evaluation Process for which there had been a precedent, the Licensing Authority of Binh Duong Province may consider and issue the IC without consulting the opinion of other relevant Ministries within 1-2 weeks.

Documents to be submitted for obtaining the IC

1. Application Letter
2. Documents certifying legal status of investor(s)/JV parties
3. Documents certifying financial conditions of investor(s)/JV parties, e.g. Financial Statements of latest 2 years or Bank Reference Letter
4. Corporation Documents
5. Other documents, depending on fields of investment, e.g. legal proofs showing the land use right over the Site in real estate development projects; professional certificate in real estate broker services, etc.

More details can be obtained from BDIZA’s website