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blue-check Regarding cases where an FDI enterprise is exempt from investment registration

Official letter No. 537/DTNN-NN dated July 1st, 2021 of the Department of Foreign Investment - the Ministry of Planning and Investment regarding issuance of investment registration certificate
Posted: 16/9/2021 9:12:11 AM | Latest updated: 22/9/2021 7:47:15 AM (GMT+7) | LuatVietnam: 5295 | Vietlaw: 532
VietlawOnline

According to Clause 2 Article 37 of the Law on Investment No. 61/2020/QH14status2 , the following investment projects shall be exempt from the investment registration certificate:

(i) Investment projects of domestic investors;

(ii) Investment projects of foreign-invested economic organizations mentioned at Clause 2 Article 23 of this Law (with a small amount of contributed foreign capital, without having to follow investment procedures provided for foreign investors).

Accordingly, in case a company is an FDI enterprise with a small amount of contributed foreign capital that does not have to follow investment procedures provided for foreign investors, it shall be exempt from the investment registration certificate upon executing projects.

Ms Phuong Thao (VietlawOnline.com)
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Published Vietlaw's Newsletter No. 532
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