Decree No. 83/2015/ND-CP: Vietnam’s regulations on finalization of outward investment projects

14:25, 27/09/2015

According to Vietnam’s regulations, once the investment project is completed, the investor must carry out finalization of it according to laws of the host country or territory. According to Article 24 of Decree No. 83/2015/ND-CP of Vietnam’s Government, within 06 months since the tax settlement report or any document of equivalent value is available according to laws of the host country or territory in connection with disposal of the investment project, the investor must transfer back home all the remaining receipts from the finalization.

thanh ly du an dau tu nuoc ngoai, Nghi dinh 83/2015/NĐ-CP

However, in case extension is needed, before the expiration date at the latest, the investor must issue a written request to the Ministry of Planning and Investment for consideration and decision. Extension is granted only once and not in excess of six months. Within 15 days since receipt of the written request, the Ministry of Planning and Investment shall issue a written notice about the extension.

Decree No. 83/2015/ND-CP emphasizes that within 60 days since completion of the finalization of the investment project and transfer of all the remaining receipts (if any), the investor shall carry out procedures on completion of the outward investment project as prescribed in Article 25 hereof.

View full text at Decree No. 83/2015/ND-CP of Vietnam’s Government, effective from September 25, 2015.

Thu Ba

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