TinLaw’s Investment Certificate services provide end-to-end support, helping clients complete all procedures efficiently and effectively. This is a crucial step for foreign investors beginning their business journey in Vietnam. Learn more about TinLaw’s Investment Certificate application services in the article below.
What is an Investment Registration Certificate?
An Investment Registration Certificate (also referred to as an Investment License or Investment Certificate) is a document issued in paper or electronic form to investors. It is granted by a competent state authority to record the registration details of an investment project in Vietnam.
What is an Investment Registration Certificate?
The Investment Certificate serves as the legal foundation allowing individual or institutional investors to inject capital into lawful business activities in Vietnam. It also ensures the rights and obligations of investors in relation to their investment projects.
Cases requiring an Investment Registration Certificate
According to Clause 1, Article 23 of the 2020 Investment Law, two scenarios require the issuance of an Investment Registration Certificate:
- Investment projects by foreign investors (100% foreign-owned capital).
- Investment projects by economic organizations in which foreign investors or economic organizations specified in Point a, Clause 1, Article 23 of the Investment Law 2020 hold more than 50% of charter capital.
For the above cases, obtaining an Investment Registration Certificate is mandatory to proceed with investment activities.
Challenges investors face when applying for an Investment Certificate
Ninety-nine percent of clients come to TinLaw because they encounter difficulties with legal procedures and language barriers when working with government authorities. Common challenges include
- Lack of an account to submit applications online;
- Difficulties in selecting investment locations, determining project scale, and preparing investment plans;
- Frequent updates to procedures and regulations, making it hard to keep up;
- Inexperience in preparing applications, leading to multiple requests for supplementary documents;
- Unanticipated legal issues that delay investment timelines;
- Penalties for failing to meet deadlines or improperly contributing capital, non-compliance with capital contribution methods, submitting periodic reports, etc.
Challenges investors face when applying for an Investment Certificate
Understanding the challenges faced by most foreign investors, TinLaw’s Investment Registration Certificate Services offer an optimal solution. Our services are specifically designed to support foreign investors effectively and ensure a seamless process.
What does TinLaw’s comprehensive Investment Certificate services include?
Each case presents unique challenges, and TinLaw’s Investment Certificate Services are tailored to analyze and provide the most effective solutions for each client’s application. The service package includes the following:
Pre-application consultation for the Investment Certificate:
- Advising on the appropriate investment form for foreign investors;
- Guidance on conditions for obtaining the Investment Registration Certificate;
- Assisting in selecting suitable investment locations for investors;
- Explaining the process of applying for an Investment Certificate in Vietnam;
- Providing advice on investment incentives for the project (if applicable).
Application process for the Investment Certificate:
- Preparing and drafting the application documents;
- Submitting the application to the competent Authority;
- Monitoring the processing of the client’s application by the competent Authority;
- Resolving procedural issues if any arise;
- Receiving and delivering the approved Investment Certificate to the client.
Post-Investment Certificate support services:
- Assisting in establishing foreign-invested companies;
- Advising on how to transfer investment capital into Vietnam;
- Applying for residence permits, temporary residence cards, and visas for foreigners;
- Providing work permit services for foreign employees;
- Assisting with amendments to the Investment Certificate;
- Guiding investors on fulfilling tax obligations;
- Advising on reporting the operational status of the project.
What does TinLaw’s comprehensive Investment Certificate services include?
TinLaw offers comprehensive support, optimizing costs and saving valuable time for clients. Let us help you start your business journey in Vietnam as quickly and efficiently as possible.
Documents required for TinLaw’s Investment Certificate services
Clients need to provide TinLaw with essential documents when using our services. The required documents for obtaining an Investment Certificate vary depending on the type of investment:
➣ Direct investment:
- For individual investors:
- Copy of the investor’s passport.
- Copy of the legal representative’s passport.
- Documents proving financial capacity.
- Lease agreement for the company’s registered address.
- For organizational investors:
- Business License of the investor.
- Copy of the legal representative’s passport.
- Copy of the authorized representative’s passport for capital contribution.
- Documents proving the investor’s financial capacity.
- Lease agreement for the company’s registered address in Vietnam.
➣ Indirect investment:
- For individual investors:
- Copy of the investor’s passport.
- Citizen ID card of the Vietnamese owner.
- Business Registration Certificate of the Vietnamese company.
- For organizational investors:
- Business License of the investor.
- Copy of the legal representative’s passport.
- Copy of the authorized representative’s passport for capital contribution.
- Citizen ID card of the Vietnamese owner.
- Business Registration Certificate of the Vietnamese company.
Documents required for TinLaw’s Investment Certificate services
Once all required documents are received, TinLaw will handle the remaining procedures on behalf of the client. If you have any additional questions about the process or required documents, contact TinLaw for prompt assistance!
Pricing for Investment Registration Certificate services at TinLaw
TinLaw offers Investment Certificate services at highly competitive rates while ensuring the best quality for clients. The cost for obtaining an Investment Registration Certificate starts at VND 26,000,000. We guarantee no additional costs throughout the service process.
Pricing for Investment Registration Certificate services at TinLaw
For more details about the pricing tailored to your specific case, contact TinLaw for personalized support.
Completion time for Investment Registration Certificate services at TinLaw
The process of obtaining an Investment Certificate can be complex and time-consuming if handled independently by the investor. TinLaw’s Investment Certificate services streamline the process, completing all procedures on behalf of clients within 15–25 days.
What makes TinLaw’s Investment Certificate Services stand out?
With over 12 years of experience in investment consulting, TinLaw is committed to delivering the best value to clients. By choosing TinLaw’s services, clients will benefit from:
- A team of experienced lawyers and investment consultants dedicated to assisting clients throughout the process.
- End-to-end consulting, from document preparation to receiving the Investment Registration Certificate, ensuring clients understand the process and legal requirements.
- We process applications promptly and effectively, saving time and effort for investors.
- TinLaw provides ongoing support during the procedure, addressing any concerns and offering detailed step-by-step guidance.
- Service options are tailored to suit the unique needs and budgets of each client.
- We ensure all procedures comply with legal regulations, safeguarding the investor’s rights and interests.
What makes TinLaw’s Investment Certificate Services stand out?
If you are planning to invest in Vietnam, TinLaw is your trusted partner to help bring your potential projects to life. Let us help you overcome legal barriers and achieve sustainable success in your business endeavors.
Frequently asked questions about Investment License services
When applying for an Investment License, you may have many questions that need clarification. TinLaw has compiled the most common questions during the application process to help you better understand this service.
What are the conditions for obtaining an Investment Certificate?
To be granted an Investment License, investors must meet the following conditions:
- The objectives of the Investment project must not fall under prohibited sectors or trades;
- The project’s investment location must align with local planning regulations;
- Financial capability to carry out the investment must be demonstrated.
- Foreign investors must meet market access conditions;
- Compliance with land use investment ratios or labor usage quotas (if applicable).
Investors must prepare complete and accurate documentation to meet these conditions, facilitating a smooth and efficient issuance of the Investment Registration Certificate.
Why is registering an Investment Certificate necessary?
Foreign investors establishing economic organizations in Vietnam without an Investment Registration Certificate will not be eligible for a Business Registration Certificate. Additionally, in cases where an Investment Registration Certificate is required but not obtained, the investor may face monetary penalties.
How long is the validity of an Investment Registration Certificate?
The validity of an Investment Registration Certificate depends on the duration of the investment project. Specifically:
- Up to 70 years for investment projects located in economic zones.
- Up to 50 years for investment projects outside economic zones. For projects in areas with difficult socio-economic conditions or those with large investment capital but slow capital recovery, the duration may be extended but cannot exceed 70 years.
The validity is calculated from the date the investor is first issued the Investment Registration Certificate.
Can the Investment Registration Certificate be extended?
If the investment project’s duration expires and the investor wishes to continue, they must apply for an extension. The investor must ensure compliance with all legal requirements. The competent state authority will review and decide on the extension based on the applicable regulations.
Which projects are exempt from requiring an Investment Registration Certificate?
Projects in the following categories do not require an Investment Registration Certificate:
- Projects undertaken by domestic investors.
- Investment projects of economic organizations specified in Clause 2, Article 23 of the Investment Law.
- Investments made through capital contributions, share purchases, or equity acquisitions in economic organizations.
If an investor’s project falls under these categories, no application for an Investment Registration Certificate is required.
Which authority issues the Investment Registration Certificate?
The issuing authority for the Investment Registration Certificate depends on the scope and nature of the project. The competent authorities may include The Department of Planning and Investment, The Ministry of Planning and Investment, Management boards of industrial parks, export processing zones, high-tech parks, or economic zones.
Conclusion
If you are looking for Investment Certificate services, TinLaw is the ideal choice. With a team of experienced and dedicated professionals, TinLaw is committed to supporting you through every step of your investment journey in Vietnam. Contact us today for the most professional and efficient service experience!
