Projects must apply for investment policies in Vietnam

Projects must apply for investment policies in Vietnam. Does the project need to apply for an investment policy in Vietnam? Does the project need to apply for an investment policy in Vietnam? Approval of the investment policy is the legal procedure required for the project investor to implement the project. That’s one. However, not all projects need to be approved. So which projects have to be approved as investment policies? Please refer to the article below about the Quoc Bao method.

Begin your journey of discovery regarding investment procedures in Vietnam, where opportunities await and success is not far away !

Do you need advice or support on what you are looking for ? For help setting up a business in Vietnam, investing, applying for temporary residence cards and visas, entry permits and work permits, please contact Vietnam Contact Luật Quốc Bảo .

Please contact hotline /zalo : 0763387788 .

Address : 528 Le Van Sy , District 14 , District 3 , Ho Chi Minh City

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Does this project require parliamentary investment policy approval?

Article 30 of the 2020 Investment Law, projects that require parliamentary approval include the following:

– Investment projects that have a significant impact on the environment or are likely to have a significant impact on the environment include:

+ Nuclear power plant.

Investment projects that require a change in land use purpose of 50 hectares or more of special purpose forests, watershed protection forests or border protection forests. More than 500 hectares of wind and sand protection forest, as well as wave and marine protection forest. More than 1,000 hectares of production forest.

– Investment projects that require a change in land use purpose for cultivation of rice of 02 crops or more on a scale of 500 hectares or more.

– Investment projects that require the relocation of more than 20,000 people in mountainous areas and more than 50,000 people in other areas.

– Investment projects that require the application of special mechanisms and policies require parliamentary approval.

Projects must apply for investment policies in Vietnam
Projects must apply for investment policies in Vietnam

Does this project require approval from the Prime Minister’s investment policy?

Article 31 of the 2020 Investment Law , the following projects must be approved by the Prime Minister along with the investment policy, except for projects that fall under the approval authority of the National Assembly.

+ Investment projects that require the relocation of more than 10,000 people in mountainous areas and more than 20,000 people in other areas .

+ New construction investment projects : airports, airfields. runway of an airport or airfield. International airport passenger terminal. An airport or airfield cargo terminal with a transport capacity of 1 million tons or more per year .

+ New investment project in air passenger transportation business.

+ New construction investment projects : wharves, port areas belonging to special seaports. Wharves and port areas with investment capital of VND 2.3 trillion or more belong to type 1 seaports.

+ Oil and gas processing investment projects.

+ Investment projects with gambling and casino operations, excluding award-winning electronic gaming operations for foreigners.

+ Investment projects related to the construction of housing (sale, rental, rental purchase) and urban areas with a land use size of 300 hectares or more or a population size of 50,000 people or more.

+ Investment projects related to infrastructure construction and operations in industrial parks and export processing zones.

+ Investment projects of foreign investors in the field of communication services business, such as network infrastructure, afforestation, publishing, reporting, etc.

+ Investment projects that are simultaneously authorized to approve investment policies of two or more provincial-level People’s Committees.

+ Other investment projects that fall under the Prime Minister’s authority to approve investment policies or investment decisions in accordance with the law.

Does this project require investment policy approval from the Provincial People’s Committee?

Article 32 of the 2020 Investment Law , except for projects that require the approval of the National Assembly and the Prime Minister, the following projects must be approved by the provincial People’s Committee for investment:

+ Investment projects that require the state to allocate or lease land without auction, tender or transfer, or that require permission to change the purpose of land use. However, this excludes cases of land allocation, land lease, and permission for changes. Regulation of land use purposes for households and individuals without the need to obtain written approval from the provincial People’s Committee in accordance with the provisions of the Land Law.

+ Investment projects related to the construction of housing (sale, lease or lease-purchase), urban areas with a land use size of less than 300 hectares and a population of less than 50,000 people.

+ Investment projects related to golf course (golf) construction and business.

+ Investment projects of foreign investors, foreign investment economic organizations implemented in islands, border communes, districts, townships. Coastal communes, wards and towns. Other areas affecting national defense and security.

Note:

Except for investment projects in the construction and management of golf courses (golf), the remaining projects will be implemented in industrial parks, export processing zones, high-tech parks and special economic zones according to the approved master plan.

The authorities, management committees of industrial parks, export processing zones, high-tech zones and economic zones shall approve investment policies.

Above are all projects that require investment policy approval.

Projects must apply for investment policies in Vietnam
Projects must apply for investment policies in Vietnam

Legal services related to investment licenses and business establishment Quoc bao method

Legal services providing investment license or business establishment procedures under the provisions of the Quoc Bao Law is a process that assists clients in handling legal procedures related to the registration and licensing of investment projects or enterprises in Vietnam.

Setting up an investment or business in Vietnam requires compliance with local and national laws. In this case, Law Quoc Bao is an organization or individual that provides legal services and takes the necessary steps to help the client effectively obtain an investment license, establish a business, or comply with regulations. We specialize in supporting the.

Quoc Bao Law include:

  1. Advice on legal procedures and requirements related to investment or business establishment .
  2. We will assist you in gathering and preparing the necessary documents for the registration and licensing process.
  3. Representation and implementation of procedures related to communication with authorities and authorities.
  4. Verify and guarantee the validity of related documents and information.
  5. Coordinate and monitor the steps taken in the licensing process.

Quoc Bao Law ‘s legal services help clients create favorable conditions for business and investment processes in Vietnam by minimizing risks and ensuring full compliance with legal regulations.

Begin your journey of discovery regarding investment procedures in Vietnam, where opportunities await and success is not far away !

Do you need advice or support on what you are looking for ? For help setting up a business in Vietnam, investing, applying for temporary residence cards and visas, entry permits and work permits, please contact Vietnam Contact Luật Quốc Bảo .

Please contact hotline /zalo : 0763387788 .

Address : 528 Le Van Sy , District 14 , District 3 , Ho Chi Minh City

Facebook fan page : https://www.facebook.com

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