Issuance of the Enterprise Registration Certificate when a foreign investor invests in establishment of a business organization in Vietnam

11:08, 17/05/2017

On April 18, 2017, the Ministry of Planning and Investment of Vietnam issued Circular No. 02/2017/TT-BKHĐT, which specifies the issuance of the Enterprise Registration Certificate when a foreign investor invests in establishment of a business organization.

According to Circular No. 02/2017/TT-BKHĐT of the Ministry of Planning and Investment of Vietnam, the issuance of the Enterprise Registration Certificate when a foreign investor invests in establishment of a business organization is prescribed as follows:

- On the same working day as the day on which the Investment Registration Certificate is issued, the Application-receiving division shall digitize the Investment Registration Certificate in the National Information System on investment and send the information to the Business registration authority through the Common information processing system.

- On a weekly basis, the Application-receiving division shall send a valid copy of the Investment Registration Certificate together with the physical application for enterprise registration to the Business registration authority.

Concurrently, Circular No. 02/2017/TT-BKHĐT also stipulates the issuance of the Enterprise Registration Certificate when a foreign investor invests in establishment of a business organization as follows:

Within 02 working days from the day on which the information about the Investment Registration Certificate is received through the Common information processing system, the Business registration authority shall process the application for enterprise registration through National Enterprise Registration Information System and send the information to the Tax Registration Information System to create the enterprise identification number and issue the Enterprise Registration Certificate. On the same working day as the day on which the Enterprise Registration Certificate is issued, the Business registration authority shall transfer the Enterprise Registration Certificate to the Application-receiving division.

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-

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