List of steps

(Total number of steps: 14)

Meet Department of Planning and Investment (DPI)

Request meeting with DPI

Meet DPI

Obtain certified copies of foreign documents for consular legalization (2)

Submit application for documents certification

Collect certified copies of documents

Obtain consular legalized copies of documents (3)

Submit application for consular legalization

Pay consular legalization fee

Collect consular legalized copies of documents

Obtain certified translation of documents (2)

Submit documents for translation

Collect certified translation of documents

Obtain authenticated copies of passports or Vietnamese ID cards (2)

Submit passports or Vietnamese ID cards for authentication

Collect authenticated copies of passports or Vietnamese ID cards

Declare investment project information online

Obtain investment registration certificate (IRC) (2)

Submit application for IRC

Receive request for additional information

Collect IRC

Obtain authenticated copies of IRC (2)

Submit IRC for authentication

Collect authenticated copies of IRC

Open bank account (1)

Open bank account

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Properties

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	Include recourse information		"Certification sheet" format

Summary of the procedure

Where to go? (7)

You will have to go to the following agencies. The number indicates how many interactions are required with each entity.

DEPARTMENT OF PLANNING AND INVESTMENT OF PHU YEN (x 5)

* * 10 * 11

DIPLOMATIC MISSIONS, CONSULAR OFFICES OF FOREIGN COUNTRY (x 2)

1 2

DEPARTMENT OF EXTERNAL RELATIONS OF HO CHI MINH CITY (DER) (x 3)

3 4 5

ANY AUTHORIZED TRANSLATION COMPANY (x 2)

6 7

ANY DISTRICT'S PEOPLE COMMITTEE (x 2)

8 9

ANY WARD/COMMUNE'S PEOPLE COMMITTEE (x 2)

12 13

ANY COMMERCIAL BANK

What you will get (1)

The objective of the procedure is to obtain those documents.

Investment registration certificate

Required documents

The documents with green band will be provided to you during the procedure.

Natural persons Legal persons Representatives

Request letter for meeting with DPI

Certificate of incorporation or of business registration

Latest audited financial report

Proof of quality of the legal representative(s) of corporate investor (e.g incumbency certificate)

Bank statement

Online application form for consular authentication

Passport or Vietnamese ID card of the people submitting the application/collecting result (x 4)

3 3 10 11

Certified copy of Audited financial statement

Vietnamese or English version of Audited financial statement

Certified copy of Certificate of incorporation or of business/enterprise registration

Vietnamese or English version of Certificate of incorporation or of business registration

Certified copy of Proof of quality of the legal representative(s) of corporate investor

Vietnamese or English version of Proof of quality of the legal representative(s)

Certified copy of Bank account balance statement

Vietnamese or English version of Bank account balance statement

Consular legalization receipt (x 2)

4 5

Consular legalization payment receipt

Report on Investment project in foreign language

Power of attorney from the investor to the representative

Consular legalized copy of certificate of incorporation or of business/enterprise registration

Consular legalized copy of lasted audited financial report

Consular legalized copy of proof of quality of the legal representative(s) of corporate investor

Consular legalized copy of bank account balance statement

Translation receipt

Authenticated copy of Passport or Vietnamese ID card of new legal representative

Passport or Vietnamese ID card of the investor

Passport or Vietnamese ID card of the legal representative

Receipt of application file (authentication)

Request for investment project implementation (apdx I.1, Circular 16/2015/TT-BKHĐT)

Investment project proposal (apdx I.2)

Proposal of land use demand

Technical using explanation

Business cooperation contract

Consular legalized copy of 2 latest years audited financial report

Certified translation of legalized copy of 2 latest years audited financial report

Authenticated copy of passport or Vietnamese ID card of investor

Certified translation of legalized copy of certificate of incorporation/business registration

Certified translation of power of attorney from investor to representative

Authenticated copy of passport or Vietnamese ID card of legal representative

Plan of clearance, immigration, resettlement

Preliminary assessment of environmental impacts, environmental protection measures

Assessment of impact, economic efficiency – social of investment project

Mechanisms, specific policies proposing

Receipt of application file

Investment registration certificate

Receipt of application for authentication of documents

Application for opening bank account

Authenticated copy of IRC

Passport or Vietnamese ID card of the legal representative

Representatives

Power of attorney from the investor to the authorized person/authority

How much?

Estimated cost of the procedure VND 2,871,000

Cost detail	Estimate your cost
VND 30,000 per stamp - VND 120,000 Consular legalization fee: 1 corporate investor and 1 individual investor	Stamp(s): 4
VND 90,000 per page - VND 2,700,000 Translation fee - assumption of 30 pages	Page(s) : 30
VND 2,000 per page - VND 36,000 Passport authentication - assumption of 3 passports x 2 pages x 3 copies	Page(s): 18
VND 2,000 per page - VND 12,000 Authentication fee: first and second page with assumption 3 copies of Investment certificate	Page(s): 6
VND 1,000 per page - VND 3,000 Authentication fee: from the third page with assumption 3 copies of Investment certificate	Page(s): 3

How long ?

The estimated total time is calculated by adding the time spent: 1) waiting in queue, 2) at the counter and 3) between steps.

	Min.	Max.
Total time (sum):	21 d	51 d
of which:
Waiting time in queue (sum):	50mn	2h. 45mn
Attention at counter:	45mn	2h. 10mn
Waiting time until next step (sum):	21 d	51 d

Legal justification?

The regulations which justify the procedure and its content

Circular 01/2012/TT-BNG of the Ministry of Foreign Affairs dated March 20, 2012 on guiding a number of provisions of the Government’s Decree No. 111/2011/ND-CP dated December 5, 2011, on consular certification and legalization
articles 1, 6, 9, 10, 11, 12, 13

Circular 03/2008/TT-BTP of the Ministry of Justice dated August 03, 2008 on guiding the implementation of a number of article of the Governments Decree No. 79/2007/ND-CP dated May 18, 2007, on the issue of copies master registers, authentication of copies from originals, authentication of signatures
articles 1, 5, 6, 7

Circular 36/2004/TT-BTC of Ministry of Finance dated April 26, 2004 on stipulating the collection, payment and management on using legalization fees, consular certification
Section tion I.3

Circular 98/2011/TT-BTC of Ministry of Finance dated July 5, 2011 on amending and supplementing Circular No. 36/2004/TT-BTC dated April 26, 2004 of the Ministry of Finance stipulating the collection, payment and management on using legalization fees, consular certification
Article 1

Circular No. 16/2015/TT-BKHDT of the Ministry of Planning and Investment dated November 18, 2015 issuing standard forms for conducting investment procedures and report on investment in Vietnam
articles apdx I.1, I.2, I.3

Circular No. 19/2014/TT-NHNN dated August 11, 2014 of the State Bank of Vietnam providing guidance on foreign exchange control over foreign direct investments in Vietnam
Article 6

Decree 04/2012/NĐ-CP of Goverment dated January 20, 2012 on amending and supplementing article 5 of the Government’s Decree No. 79/2007/ND-CP dated May 18, 2007 on the issue of copies from master registers, authentication copies from originals, authentication of signatures
Article 1

Decree 111/2011/NĐ-CP of Goverment dated December 5, 2011 on consular certification and legalization
articles 14, 15

Decree 79/2007/NĐ-CP of Government dated May 18, 2007 on the issue of copies from master registers, authentication copies from originals, authentication of signatures
articles 5.2, 5.1.b, 13, 14, 15, 18

Decree No. 118/2015/ND-CP of the Government dated November 12, 2015 providing guidelines for implementation of a number of articles of Law on Investment
articles 4, 9, 44, 45, 49, 55

Decree No. 118/2015/ND-CP of the Government dated November 12, 2015 providing guidelines for implementation of a number of articles of Law on Investment
Article 23

Decree No. 23/2015/ND-CP dated February 16, 2015 of the Government on issuance of copies from master registers, issuance of certified true copies from originals, authentication of signatures and contracts

Decree No. 70/2014/ND-CP of the Government dated July 17, 2014 detailing the implementation of several provisions of the ordinance and the amended ordinance on the foreign exchange
Article 8

Joint Circular 92 /2008/TTLT-BTC-BTP of Ministry of Finance and the Ministry of Justice dated October 17, 2008 on guiding the rates and the collection, remittance, management and use of fees for the issue of copies and authentication fees
Article II.1

Law No. 67/2014/QH13 dated November 26 of the National Assembly on Investment
articles 23, 46, 47, 48

Ordinance No 06/2013/PL-UBTVQH13 dated March 18, 2013 on amending and supplement some articles of Ordinance 28/2005/PL-UBTVQH11
Article 1.4

Ordinance No 28/2005/PL-UBTVQH11 dated December 13, 2005 on foreign exchange
Article 11