Legal Counselling

Cases in which the cooperation mechanism is applied to foreign investors in Vietnam

10:40, 17/05/2017

On April 18, 2017, the Ministry of Planning and Investment of Vietnam issued Circular No. 02/2017/TT-BKHĐT, which specifies cases in which the cooperation mechanism is applied to foreign investors.

According to Circular No. 02/2017/TT-BKHĐT of the Ministry of Planning and Investment of Vietnam, cases in which the cooperation mechanism is applied to foreign investors include:

- A foreign investor invests in establishment of a business organization as specified in Article 22 of Law on Investment of Vietnam.

- A foreign investor makes investment by contributing capital or purchasing shares or stakes as defined in Clause 1 Article 26 of Law on Investment of Vietnam.

- A foreign investor changes both enterprise registration information and investment registration information, including:

+ Both business lines and target of the investment project;

+ Both the address of the enterprise's headquarters and the location of investment project;

+ Both the charter capital of the enterprise and the capital invested in the project;

+ Both the members, information about founding shareholders, shareholders who are foreign investors in the enterprise and information about the investor in the Investment Registration Certificate.

View details at Circular No. 02/2017/TT-BKHĐT of the Ministry of Planning and Investment of Vietnam, effective from June 15, 2017.

-Thao Uyen-

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

11 lượt xem

- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn