english
vietnamese
BDLaw › FOREIGN INVESTMENT NEWS

Decree eases foreign investment red tape

Foreign investors who buy shares in or contribute capital to economic organisations won't have to deal with procedures involved in investment certification.

This is in accordance with Decree No 118/2015/ND-CP, which was issued on November 12 and takes effect on November 27, providing guidelines for the Investment Law 2014.

Quach Ngoc Tuan, Deputy Head of the Ministry of Planning and Investment's (MPI's) Legal Department, said the decree would ease procedures for foreign direct investment (FDI) enterprises.

The economic institutions, with foreign investors' stakes or capital contribution, will be responsible for registering changes in shareholders or members with business registration agencies, if any. 

This process is to conform to the laws on enterprises and economic institution-related legislation. 

However, foreign investors will have to register with planning and investment departments themselves, in localities where the economic organisations are headquartered, in the following cases:

- The economic institutions deal in business areas that are accompanied by certain conditions for foreign investment, as stipulated by the authorities.

- The stake acquisition or capital contribution increases the share of foreign investors in the economic institutions from below 51 percent to 51 percent or more; or from 51 percent to higher levels.

After receiving foreign investors' registration documents, the planning and investment departments will notify them whether they are qualified for their investments or not, within 15 days.

Tuan said foreign investors who are set to establish companies in Vietnam would also be able to get investment certificates for their projects within 15 days with one-stop shop procedures.

The MPI will coordinate with other ministries and relevant agencies to review business sectors with conditions for foreign investment, in conformity with domestic and international laws, and release them on the national portal on foreign investment. 

Following the new decree, the Government said it would provide support and incentives to investment projects involved in high-tech nursery, biotechnology development, information technology software manufacturing, and recycle and clean energy production.

The announcement has reportedly excited domestic startups, many of them told Deputy Prime Minister Vu Duc Dam recently that there was inadequate government support for the startup community. 

There was a lack of tax incentives for internet-based service providers, while barriers in receiving foreign capital remained significant, they said

                                                                              (Vietnamplus, November 30th, 2015)

[Back] [Top]


thiet ke web | thiet ke web | lam web | bơm cứu hỏa | máy bơm ly tâm | phụ kiện ống thép luồn dây diện | ống ruột gà lõi thép | ống thép luồn dây điện | máy bơm cứu hỏa | máy bơm chìm nước thải ebara |

giúp trẻ ăn ngon | trẻ biếng ăn | giấy dầu chống thấm | màng chống thấm hdpe | vải địa kỹ thuật | rọ đá | rèm cửa | rèm vải | in cờ | in áo phông đồng phục | trẻ biếng ăn phải làm sao | rèm cửa | rèm cửa sổ | rèm vải | bàn cafe | bàn bar | quy hoạch | quy hoạch hà nội |

in cờ | in áo phông đồng phục trẻ biếng ăn phải làm sao rèm cửa rèm cửa sổ | rèm vải |

In thêu Thanh Bình | in may áo | in áo giá rẻ | in áo hà nội | in áo giá rẻ hà nội | địa chỉ in áo uy tín | áo phông đồng phục | in áo đồng phục công ty |

ACUDECOR | thiết kế nội thất | thiết kế nội thất-ACUDECOR | thiết kế thi công nội thất | acudecor.vn |

Bàn ghế cafe | bàn ghế bar | Bàn Ghế Bar Cafe HÀ NỘI | banghebarcafe.com.vn | địa chỉ mua bán bàn ghế bar cafe | địa chỉ cung cấp bàn ghế bar cafe | bàn ghế bar giá rẻ | mua bàn ghế cafe | bàn ghế quầy bar | uy tín chất lượng | giá rẻ | ghế bar | ghế cafe | ghế quầy bar | bàn ghế cafe | ban ghe | quan bar cafe | bàn ghế bar cafe giá rẻ | ô cafe | ghế quầy bar | bàn ghế bar cafe | ghế quầy bar

http://noithatkydieu.vn noithatkydieu.vn giường thông minh giá rẻ ghế thang thông minh giường gấp thông minh bàn treo tường thông minh nội thất thông minh nội thất đa năng sofa giường giường đa năng nội thất cho nhà nhỏ