Vietnam: Receipt and processing of investment registration documents when a foreign investor invests in establishment of a business organization

Specifically, according to Circular No. 02/2017/TT-BKHĐT of the Ministry of Planning and Investment of Vietnam:

For the Application-receiving division:

The Application-receiving division shall process the application for investment registration on the National Information System on investment under procedures as stipulated in Law on Investment and its guiding documents. In the cases where the application is rejected, the Application-receiving division shall request the Business registration authority to remove the applicant’s enterprise registration information from the National Enterprise Registration Information System.

Concurrently, Circular No. 02/2017/TT-BKHĐT also specifies the receipt and processing by Business registration authorities as follows:

Within 02 working days from the day on which the information about application for enterprise registration is received through the Common information processing system, the Business registration authority shall process the application for enterprise registration through the National Enterprise Registration Information System and inform the Application-receiving division of the validity of the application through Common information processing system.

- If the application is valid:

The Business registration authority shall notify the Application-receiving division of the validity of the application.

- If the application is invalid:

The Business registration authority shall notify the Application-receiving division of necessary addition or revision of documents. The application-receiving division shall instruct the applicant to complete their application accordingly. The requested revision and addition shall be posted on the National Business Registration Portal. When the investor completes revising the documents or providing additional documents as requested, the Application-receiving division shall receive, digitize the application and send it to the Business registration authority through Common information processing system.

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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