Investment Project Registration Service in Vietnam

Long Phan Consulting Company offers a comprehensive investment project registration service for foreign investors in Vietnam. The service facilitates the process of obtaining an Investment Registration Certificate (IRC), ancillary permits, and ensures compliance with Vietnamese law. Our all-inclusive service package supports foreign investors in successfully navigating the procedures for investment project registration in Vietnam.

Conditions for Investment Project Registration

The initial step in the investment project registration process involves verifying investment conditions as stipulated in Article 39 of the 2020 Law on Investment, guided by Article 34 of Decree 31/2021/ND-CP and Clause 1, Article 3 of Law No. 61/2020/QH14.

• Investor Nationality and Domicile: Individual investors must hold citizenship, or organizational investors must have their headquarters, in a country that is a member of the World Trade Organization (WTO) alongside Vietnam. Individuals prove nationality via a valid passport. Organizations must provide a notarized and consularly legalized Certificate of Incorporation or an equivalent document.
• Permitted Business Sectors: The investment sector must not be on the list of prohibited industries under Article 6 of the 2020 Law on Investment. Prohibited sectors include those related to national security, defense, the environment, and other sensitive areas.

Foreign investors must satisfy these conditions before initiating the application procedures for an investment license.

Procedure for Investment Project Registration

The investment project registration procedure for foreign investors involves three main stages: obtaining Investment Policy Approval (if required), securing an Investment Registration Certificate (IRC), and completing the enterprise registration.

Determine Project Type and the Need for Investment Policy Approval

Identifying the project type is a critical first step. This determination clarifies whether the project requires Investment Policy Approval as per Articles 30, 31, and 32 of the 2020 Law on Investment. Not all projects necessitate this approval.

Projects that generally require Investment Policy Approval include:

• Projects with a large investment capital from VND 2,300 billion.
• Projects with significant environmental or community impact.
• Projects affecting national security, defense, or public order.

If a project requires this approval, the investor must submit an application to the relevant competent authority. If the project does not fall under this category, the investor can proceed directly to the IRC application.

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Prepare and Submit the Application for an Investment Registration Certificate (IRC)

The preparation of the IRC application dossier is decisive for project success.

• Case 1: Projects with Investment Policy Approval. Following approval, the investor submits a written request to the investment registration agency. The agency will issue the IRC within 05 working days of receiving the request.
• Case 2: Projects Not Requiring Investment Policy Approval. The investor prepares a dossier according to Clause 1, Article 33 of the 2020 Law on Investment. The dossier includes:
  • A formal application for project implementation.
  • Documents verifying the investor’s legal status (e.g., Certificate of Incorporation, company charter). All foreign documents must be consularly legalized and translated into Vietnamese.
  • Documents proving financial capacity, such as the two most recent audited financial statements, a financial support commitment from a parent company, or a financial capacity guarantee from a reputable bank.
  • A detailed investment project proposal outlining objectives, scale, capital, location, duration, land use status, and a preliminary environmental impact assessment.

Prepare and Complete the Enterprise Registration

After receiving the IRC, if the investment project involves establishing an economic organization, the investor must register the enterprise. The 2020 Law on Enterprises mandates this registration for the business to operate legally.

The enterprise registration dossier includes:

• An application for enterprise registration.
• The issued Investment Registration Certificate (IRC).
• The company’s charter.
• A list of founding members or shareholders.
• Legal identity documents for individual members (ID card or passport).
• For foreign organizational members, the consularly legalized Certificate of Enterprise Registration.
• The decision on capital contribution and appointment of managers.

Foreign investors must complete these procedures for project implementation in Vietnam.

Investment Project Registration Service at Long Phan Consulting Company

Long Phan Consulting Company understands the challenges of FDI through project investment in Vietnam. We provide a specialized investment project registration service for foreign investors.

Scope and Content of Service

Our service is comprehensive and designed to overcome complex legal and administrative hurdles.

• Comprehensive Consultation: We advise on investment strategy, location, scale, and method. We clarify conditions for approvals, licensing, and business registration. We also identify and provide solutions for potential risks.
• Document Preparation: We draft all necessary applications, explanatory documents for authorities, and official complaints or petitions if required to protect investor rights during the investment project registration.
• Authorized Representation: We act on your behalf to submit documents, receive results, and work directly with competent state agencies like the Department of Planning and Investment, Management Boards of Industrial Parks, and the Department of Business Registration to clarify and supplement dossiers.

Service Delivery Process

• Step 1: Information Reception and Initial Consultation (1-2 working days) We discuss project objectives, industry, capital, and location to determine the necessary legal procedures. We provide an optimal implementation roadmap and a transparent service fee quotation.
• Step 2: Dossier Drafting and Preparation (3-7 working days) We provide a checklist of required documents based on the Law on Investment and the Law on Enterprises. We draft all legal documents and support the consular legalization and certified translation of foreign papers.
• Step 3: Dossier Submission and Progress Monitoring (15-25 working days) We submit the completed dossier to the competent state authority. We closely monitor the processing and provide regular updates. This timeframe may extend if dossier supplementation is required.
• Step 4: IRC Receipt and Handover (1-2 working days) Upon approval, we receive the Investment Registration Certificate (IRC), verify its details, and deliver it to you, explaining its contents and the next steps for project implementation.

Reasons to Select Long Phan Consulting Company

Long Phan Consulting Company is the optimal choice for your investment project registration needs.

• Our legal experts have deep knowledge of the 2020 Law on Investment.
• We possess extensive practical experience supporting numerous foreign investors.
• Our work process is professional, transparent, and efficient.
• Our multilingual communication facilitates clear information exchange.

Choosing our firm ensures legal compliance, saves time and costs, and minimizes legal risks during your investment in Vietnam.

Post-Registration Support Services

After the IRC is issued, several legal procedures remain. We provide follow-on support for effective project deployment.

• Registration for the establishment of an enterprise, branch, or representative office.
• Applications for sub-licenses and business eligibility certificates.
• Consulting on tax, accounting, and labor compliance.
• Assistance with modifying or adjusting the IRC as per Article 41 of the 2020 Law on Investment.
• Ongoing legal support for contracts, dispute resolution, and intellectual property.

Contact for Consultation

For detailed consultation on the investment project registration service for foreign investors, please contact Long Phan Consulting Company.

• Address: TM7, Lavita Garden, 17 Street No. 3, Truong Tho Ward, Thu Duc City, Ho Chi Minh City
• Working Hours: Monday to Saturday – 8:00 AM to 5:30 PM
• Hotline: 1900.63.63.89
• Email: info@longphanpmt.com
• Zalo: 0906.735.386 – Long Phan
• Facebook: Long Phan Investment Consulting and Legal Services LLC

Frequently Addressed Topics

• Distinction Between Investment Policy Approval and an IRC: Investment Policy Approval is a preliminary endorsement for large-scale or sensitive projects. The Investment Registration Certificate (IRC) is the fundamental license authorizing a foreign investor to execute a project. Some projects require both sequentially.
• Essential Documents for an IRC Application: The mandatory dossier includes a project proposal, investor legal status verification, proof of financial capacity (e.g., audited reports), and a detailed project plan. All foreign documents need consular legalization and certified Vietnamese translation.
• Requirement to Establish a Local Enterprise: It is necessary to establish a local enterprise in Vietnam after receiving the IRC if the investment project involves forming an economic organization, as stipulated by the 2020 Law on Enterprises.
• Common Reasons for Dossier Rejection or Revision: Dossiers are often returned due to incomplete or inaccurate documentation, non-compliance with specific industry investment conditions, insufficient proof of financial capacity, or an inadequate project proposal.
• Mitigating Risks During the Registration Process: Long Phan Consulting Company mitigates risks by providing precise legal advice, meticulous dossier preparation, proactive communication with state agencies, and official representation. Our expertise ensures compliance and minimizes delays.
• Post-Registration Legal Support: Our support includes enterprise establishment, sub-license applications, tax and labor consulting, IRC adjustments, and ongoing legal counsel for contracts, disputes, and intellectual property.
• Support for Document Legalization and Translation: Yes, Long Phan Consulting Company assists with the consular legalization and certified translation of foreign documents to meet all legal requirements for the investment project registration.
• Estimated Time to Receive an IRC: The estimated time to receive an IRC after dossier submission is 15 to 25 working days. This period can be extended if additional documentation or clarification is requested by state agencies.

Conclusion

The investment project registration service at Long Phan Consulting Company is a comprehensive solution for successful project implementation in Vietnam. Contact our experts at 1900 636389 for detailed advice and timely support for your investment project.