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Investors intending to invest in Bac Giang province are consulted free of charge of land lease procedures, investment information, free supplied sample documents, instructed and introduced about investment places.
I. General regulations
Investment procedures are simple, convenient and are implemented through the “one-stop-shop” mechanism. Investment procesures are attached with procedures of economic organisation foundation (investment certificate is also business lisence if newly established enterprise).
For investment projects in the industrial parks, investors only have to work with the “one – stop –shop” service belonging to the Industrial Zones Management Committee and get the resuls right there. For investment projects outside the industrial parks, investors only work with the “One-stop-shop” service located in the Department of Planning and Investment.
Investment Documents are subject to the instructions at Decree No 108/2006/ND-CP dated 22/09/2006 by the Government ans the Decision No 1088/2006/QD-BKH dated on 19/10/2006 by the Mnistry of Planning and Investment.
II. Granting Certificate of Investment
1. For the domestic investment project with scale less than 15 bil. VND, this is exempted from procedures of investment registration.
2. For the projects with investment scale from 15 bil.VND to less than 300 bil.VND, without belonging to the portfolio of conditional investment fields, the investors only need to carry out the procedures to register for investment. The competent agency will grant certificate of investment within 15 working days, on full receipt of valid documents of registration for investment.
3. For projects with scale > 300 bil.VND, without belonging to the portfolio of conditional investment fields, the verification is required in order to grant certificate of investment. The competent agency will grant Certificate of Investment within 25 working days, on full receipt of valid documents of registration for investment.
4. For projects belonging to portfolio of conditional investment fields, it is required for documents to justify the condition which the investment project must satisfy. The competent agency will grant Certificate of Investment within 25 working days, on full receipt of valid documents of registration for investment.
5. For the projects subject to the Primier’s competence of approval, the competent agency grants Certificate of Investment within 35 working days on full receipt of valid documents of registration for investment.
III. Investment procedures into industrial parks:
The resolution of investment procedures in the industrial parks is done through “one - stop-shop” section in Industrial Zones Management Committee. The investors will be provided with Certificate of Investment, Certificate of land use right, Certificate of Construction without having to go to work with any other agencies. As for foreign investors, apart from the above procedures, the “one-stop-shop” section resolve the procedures relating to Business lisence (as certificate of investment at the same time); Stamp; Tax code.
Time for completion:
Granting Certificate of Investment
- Projects of registration for investment: The time for solving not exceeding 07 working days
- Projects subject to investment verification: The time for solving not exceeding 20 working days
- Projects subject to conditional investment fields: The time for solving not exceeding 20 working days
The above mentioned time is counted from the full receipt of valid documents
Stamping:
The time for solving does not exceed 3 working days from the date of granting Certificate of Investment
Tax Code:
The time for solving does not exceed 05 days from the date of granting Certificate of Investment
- Certificate of land use right: The time for solving does not exceed 15 working days from the full receipt of valid documents
- Certificate of Construction: The time for solving does not exceed 5 days since the full receipt of valid documents.
Total time for completion of procedures for domestic projects:
- Projects subject to investment registration: not exceeding 27 working days
- Projects subject to investment verification or conditional investment fields: Not exceeding 40 working days.
Total time for completion of procedures for FDI projects (first time):
- Projects subject to investment registration: not exceeding 32 days
- Projects subject to investment verification or conditional investment fields: not exceeding 45 working days
IV. Procedures for land lease outside the industrial parks:
After getting Certificate of Investment, investor contacts to work with Department of Natural Resources and Environment for completing the procedure of land lease. The procedure of land lease is made through “One-stop-shop” machenism.
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General Guidelines
