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blue-check Regarding regulations on which the determination of FDI enterprises eligible for engaging in real estate trading shall be based

Official letter No. 2069/BXD-QLN dated June 3rd, 2021 of the Ministry of Construction regarding determination of maximum foreign ownership ratio
Posted: 15/6/2021 9:10:21 AM | Latest updated: 22/7/2021 2:34:24 PM (GMT+7) | LuatVietnam: 5227 | Vietlaw: 519
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The Ministry of Construction notes that the Law on Real estate trading No. 66/2014/QH13status2 only provides for scope and forms of real estate trading with regard to FDI enterprises (points b, d, h Clause 1, point b clause 2 Article 11); it does not provide for criteria for determination of FDI enterprises.

The determination of FDI enterprises, including FDI enterprises engaging in real estate trading, is still based on regulations of laws on investment, laws on enterprises and belongs to scope of management of the Ministry of Planning and Investment.

Ms Phuong Thao (VietlawOnline.com)
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Published Vietlaw's Newsletter No. 519
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Real estates trading