Does the overseas livestock project need documents specifying project locations in Vietnam?
Does the overseas livestock project need documents specifying project locations in Vietnam? What kind of documents do you need to specify project locations in Vietnam? May I ask, because my company is about to invest in a projects on livestock production, but there is a problem with documents specifying project locations. Does our project need to submit that documents? What kind of dossiers are needed? Thank you.
Does the overseas livestock project need documents specifying project locations in Vietnam?
Pursuant to Clause 1, Article 73 of Decree No. 31/2021/ND-CP stipulating that the following investment projects must have documents identifying the location of the investment project as follows:
1. The following investment projects must include documents specifying project locations:
a) Projects subject to approval for their investment guidelines by the Prime Minister or the National Assembly;
b) Energy projects;
c) Projects on livestock production, cultivation, afforestation and aquaculture;
d) Projects on exploration, extraction and processing of minerals;
dd) Projects on construction of factories and manufacturing and processing facilities;
e) Projects on investment in construction of works and infrastructure; projects on investment in real estate business, except for the provision of the following services: real estate brokerage, real estate exchange, real estate consulting and real estate management.
Thus, with a livestock project that is invested in a foreign country, it is mandatory to have a document specifying project locations in Vietnam.
What kind of documents do you need to specify project locations in Vietnam?
Documents determining the location of the investment project specified in Clause 2 of this Article are as follows:
2. A document specifying project location is one of the following papers on which information on the location is included:
a) Investment license or equivalent document of the country or territory that receives investment (hereinafter referred to as “the host country”);
b) Decision on land allocation or land lease of the competent authority in the host country;
c) Contract awarding agreement; land allocation or land lease agreement; investment and business cooperation contract enclosed with a document proving relevant parties’ competence in the location in the contract;
d) Principal agreement on land allocation, land lease, business location lease, transfer of the rights to use land or property on land; agreement on investment and business cooperation contract enclosed with a document proving relevant parties’ competence in the location in the contract.
Thus, your company can use one of the above documents, it will be considered as a document specifying project locations in Vietnam.
Best Regards!
