Investment Certificate: Special Procedures Guide

Obtaining an Investment Certificate: Special Procedures is a key legal mechanism. It helps investors deploy large-scale, time-sensitive projects. This process shortens dossier processing time. It also ensures timely and transparent approval. This article analyzes the benefits and application process for investors.

Conditions for Procedural Implementation

The conditions for issuing an Investment Certificate: Special Procedures are specified in Subsection I.1, Section A, Appendix II of Decision No. 453/QD-BKHDT of 2025. Projects must be in prioritized high-tech or innovation research sectors. Investors must meet legal status and financial capacity standards. Specific conditions include:

• First: The project must be in one of the following sectors:
  • Investment in building innovation centers, research and development (R&D) centers; investment in the semiconductor integrated circuit industry, technology for designing and manufacturing integrated circuit (IC) components, flexible electronics (PE), chips, and semiconductor materials.
  • Investment in high-tech fields prioritized for development; manufacturing products on the list of high-tech products encouraged for development per the Prime Minister’s decision.
• Second: The project must be located in an industrial park, export processing zone, high-tech park, concentrated information technology park, free trade zone, or a functional area within an economic zone.
• Third: The project must meet requirements concerning:
  • Compliance with the investment sectors specified in Clause 1, Article 36a of the Law on Investment.
  • Consistency with relevant master plans.
  • The investor’s legal status and experience.
  • Land use demand (if any).
  • The project implementation schedule.
  • The investor’s commitments.
  • Investment incentives and conditions for receiving them (if any).

Note: Projects located in a high-tech park must adhere to the principles and criteria for high-tech activities as stipulated by the Law on High Technology and government regulations on high-tech parks.

>>> See more at: Investment registration consulting services according to special procedures

Competent Authority for the Procedure

According to Point g, Subsection I.1, Section A, Appendix II of Decision No. 453/QD-BKHDT of 2025, the competent authority to issue an Investment Certificate: Special Procedures is the Management Board. The Management Boards of industrial parks, export processing zones, high-tech parks, and economic zones have full authority to receive and process investment registration dossiers.

These Management Boards play a key role in appraising dossiers under these special procedures. They are responsible for assessing the project’s suitability with regional development plans. This clear delegation of authority helps investors identify the correct receiving agency for their dossier.

Regulations on the Procedure for an Investment Certificate

To ensure the process for obtaining an Investment Certificate: Special Procedures is transparent and effective, investors must prepare a complete dossier as required by law.

Dossier Components

As per Point c, Subsection I.1, Section A, Appendix II of Decision No. 453/QD-BKHDT of 2025, the dossier includes the following documents:

• A written request to implement the investment project (using Form D.1 issued with Circular No. 06/2025/TT-BKHĐT), including a commitment to bear all costs and risks if the project is not approved, and a commitment to meet all legal conditions on construction, environmental protection, and fire safety.
• An investment project proposal, containing: the investor’s details, investment objectives, scale, capital and mobilization plan, location, duration, schedule, current land use status, labor needs, proposed incentives, and socio-economic impact. This proposal replaces the preliminary environmental impact assessment. A pre-feasibility study report may be submitted instead if required by construction law.
• Documents on the investor’s legal status.
• Documents proving the investor’s financial capacity, such as financial statements for the last two years, a financial support commitment from a parent company or financial institution, or a financial capacity guarantee.
• A copy of land use rights documents or other proof of site use rights if the project does not request land allocation or lease from the State.
• A Business Cooperation Contract (BCC) for projects under this form.
• Other documents related to the project as required by law (if any).

>>> See more: Form D.1 issued together with Circular No. 06/2025/TT-BKHĐT

Implementation Process

According to Point a, Subsection I.1, Section A, Appendix II of Decision No. 453/QD-BKHDT of 2025, the implementation process is as follows:

Step 1: The investor submits one complete dossier set to the relevant Management Board. Submission can be done via:

• In-person at the Management Board’s office or a Public Administration Service Center.
• Online through the provincial administrative procedure portal or the National Public Service Portal (https://dichvucong.gov.vn).
• Postal service.

Step 2: Within 15 days of receiving a valid dossier, the Management Board will appraise the documents and issue the Investment Certificate: Special Procedures. If multiple investors apply for the same location, the Management Board will review and grant the certificate to the first valid dossier received and notify the others in writing. If the first applicant is rejected, the Board will then consider the next application in sequence.

Expert Advice from Long Phan Consulting Company

Our experts advise investors to prepare a complete and meticulous dossier. Thoroughly check documents on legal status and financial capacity to avoid errors. The project proposal must be drafted professionally, clearly demonstrating the project’s feasibility and efficiency.

The official processing time is 15 days, but this can extend if the dossier is incomplete. Investors should plan for potential delays to supplement documents if required. Practical experience shows that projects in high-tech fields with breakthrough technology are often prioritized. Clearly state the project’s value and positive socio-economic impact.

For foreign investors, consular legalization of documents must be done correctly. All foreign documents must have certified Vietnamese translations. Investors must note specific regulations for each investment sector.

Consulting Services

The consulting service for obtaining an Investment Certificate: Special Procedures at Long Phan Consulting Company offers a comprehensive solution. Our team of associate lawyers and experts has years of experience in investment and corporate law. We assist investors from initial consultation and dossier preparation to monitoring and resolving issues during the procedure.

Long Phan Consulting Company provides the following professional support:

Strategic Planning and Legal Counsel

• Analyze, evaluate, and recommend the most suitable and optimal investment location for each project type and scale.
• Advise on legal and practical solutions to address issues that arise during the project implementation process.
• Prepare a complete, accurate, and professional investment registration dossier that complies with all legal regulations.

Dossier Preparation and Finalization

• Review, cross-reference, and finalize all related documents in the dossier to ensure validity and minimize the risk of rejection.
• Draft explanatory documents and supplementary information as requested by state authorities during the appraisal process.
• Represent the investor to submit the dossier at the competent authority and proactively monitor and update on the processing progress.

Administrative Representation and Handover

• Act as the primary liaison to work directly with state agencies, clarifying project details to facilitate a smooth appraisal.
• Represent the investor to receive the Investment Registration Certificate and all related documents.
• Conduct a full handover of all official documents to the client upon completion of the procedure.

Frequently Asked Questions

Below are common questions about obtaining an Investment Certificate: Special Procedures.

Which project types are eligible for this special procedure?

Eligible projects include: construction of innovation or R&D centers; projects in the semiconductor, electronic integrated circuit (IC), and chip industries; and projects manufacturing high-tech products encouraged for development. Legal Basis: Point l, Subsection I.1, Section A, Appendix II, Decision No. 453/QD-BKHDT-2025.

Which agency is competent to process dossiers for this procedure?

Authority belongs to the Management Board of the industrial park, export processing zone, high-tech park, or economic zone where the project is located. Legal Basis: Point g, Subsection I.1, Section A, Appendix II, Decision No. 453/QD-BKHDT-2025.

What are the main documents required for the dossier?

The main documents include: a written request to implement the project (Form D.1), an investment project proposal, documents on legal status, and proof of financial capacity. Legal Basis: Point c, Subsection I.1, Section A, Appendix II, Decision No. 453/QD-BKHDT-2025.

What is the processing time for this special procedure?

The processing time is 15 days from the date the Management Board receives a complete and valid dossier. Legal Basis: Point a, Subsection I.1, Section A, Appendix II, Decision No. 453/QD-BKHDT-2025.

How can investors submit the dossier?

Investors can submit the dossier in three ways: in-person at the Management Board, online via the National Public Service Portal, or through postal services. Legal Basis: Point a, Subsection I.1, Section A, Appendix II, Decision No. 453/QD-BKHDT-2025.

Conclusion

The procedure to obtain an Investment Certificate: Special Procedures offers significant advantages for high-tech and R&D projects. Understanding the process, conditions, and legal requirements will help investors succeed. Long Phan Consulting Company is committed to partnering with you throughout the investment registration process with our experienced experts and professional services. Contact our hotline at 1900636389 for detailed advice and optimal support.