Consulting on project investment procedures of Vinh Ha Investment Consulting Company Limited

1. Content of project investment procedure consulting services

Project investment procedure consulting services will include many contents. In addition to using professional services, investors should also learn about these procedures in advance.

1.2. Register to introduce investment locations

Registering and introducing the location is the first content when consulting on project investment procedures. The purpose is to introduce locations that are suitable for the province's socio-economic development planning and industry development planning. This introduction will be based on factors related to industry, environmental protection, and area.

The Department of Planning and Investment is the competent authority to receive documents, process them and return results. Duration is no more than 15 working days for projects located outside the Industrial Cluster. Projects in Industrial Parks, Economic Zones, and High-Tech Parks are 3 days. Note the time from receipt of complete and valid documents.

1.3. Business registration

Project investors need to complete business registration procedures to receive a Business Registration Certificate. The Department of Planning and Investment will be the agency to handle and return documents. Processing time should not exceed 7 working days. Note that this time includes engraving the business seal and receiving all valid documents.

1.4. Location agreement

Investment projects in industrial zones and clusters do not need a location agreement. The location agreement is considered based on the following factors:

• Career.
• Capital.
• Acreage.
• Implementation progress.
• Environmental protection.

The investment location agreement document helps investors set up further investment procedures. The Provincial People's Committee is the competent authority to resolve the matter. But the Department of Planning and Investment will receive the application, verify it and return the results. Maximum time is 15 days from receipt of complete valid documents.

1.5. Register to invest

Projects that do not require investment registration do not need to be implemented. Competent authority to handle investment registration:

• Provincial People's Committee: Investment locations outside of Industrial Parks, Economic Zones, and High-Tech Parks.
• Management Board: Investment locations in Industrial Parks, Economic Zones, and High-Tech Parks.

The agency that receives documents and returns results for this step is:

• Department of Planning and Investment: Investment locations outside of industrial zones and clusters.
• Management Board: Investment locations in Industrial Parks, Economic Zones, and High-Tech Parks.

Document processing agency: Department of Planning and Investment and Management Board.

Investment registration processing time is calculated from the date of receipt of complete and valid documents:

• Maximum 15 days: Projects outside Industrial Parks, Economic Zones, High-Tech Parks.
• Maximum 3 days: Projects in Industrial Parks, Economic Zones, High-Tech Parks.

1.6. Investment certificates

After agreeing on the investment location, the investor files documents to receive an Investment Certificate. Purpose of forming legal entity, confirming investment activities according to the provisions of the Investment Law.

• The Provincial People's Committee and the Management Board are the competent authorities to resolve.
• Agency receiving dossiers and returning results:
• Department of Planning and Investment: Investment locations outside of industrial zones and clusters.
• Management Board: Investment locations in Industrial Zones and Clusters.

Processing time should not exceed 15 working days (registration). The verification time for issuance of Investment Certificate is no more than 30 days.

1.7. Procedures for land use rights

Currently, investors need to carry out 1 of the following 4 procedures:

• Land allocation procedures have been cleared.
• Procedures for land allocation have not yet been cleared.
• Procedures for tax on cleared land.
• Procedures for leasing land that has not yet been cleared.

Contents of implementing land use rights procedures

• The investor requests to allocate or lease land for the project when the land subject to recovery has been recovered.
• Provincial People's Committee: Competent authority to resolve.
• Department of Natural Resources and Environment: Agency receives documents, processes and returns results.

Processing time is calculated from the date of receipt of complete and valid documents, from 12 - 20 working days depending on the procedure.

1.8. Procedures on environmental issues

Investors must prepare an Environmental Impact Assessment Report (EIA). If not, register a commitment to environmental protection according to regulations. This procedure is to be appraised or issued a certificate confirming commitment to environmental protection. This is the basis for establishing land use procedures and accepting the project into use.

Competent authority to resolve:

• Report (EIA): Provincial People's Committee.
• Register for environmental protection commitment: District People's Committees.
• Projects in Industrial Parks, Economic Zones, High-Tech Parks: Management Board.

Agency receiving dossiers and returning results:

• Report (EIA): Department of Natural Resources and Environment.
• Register for environmental protection commitment: District People's Committee Office.
• Projects in Industrial Parks, Economic Zones, High-Tech Parks: Management Board.

Processing time is calculated from the date of receipt of complete and valid documents:

• Report (EIA): Time no more than 30 working days.
• Registering a commitment to environmental protection: Time should not exceed 5 working days.

1.9. Construction procedures

Construction procedures include:

• Construction permit.
• Approve detailed construction planning tasks.
• Approve detailed construction planning.
• Granting ownership of construction works.

2. Project investment procedure consulting services of Vinh Ha Investment Consulting Company Limited

Project investment procedures are quite complicated and if investors do not have enough experience, it is difficult to understand the regulations. To save time and costs, Vinh Ha Investment Consulting Co., Ltd. has provided professional services. Including support from A - Z on all issues regarding project investment procedures.

Investors who receive advice from the company can feel secure about work efficiency. A team of highly qualified and experienced lawyers and consultants quickly handle the problem. At the same time, it saves fees and time for investors. From there, there is no fear of affecting the investment project construction progress.

The above information helps investors better understand project investment procedures. To understand more details, immediately contact Vinh Ha Investment Consulting Company Limited. A team of lawyers and consultants will give specific advice so investors can clearly understand the process.