Guide to Investment Registration Procedures for Foreign Investors in Vietnam

Foreign investors who wish to invest in Vietnam are required to go through a registration process with the relevant authorities. Here are the general procedures for investment registration in Vietnam:

1. Eligibility check: Foreign investors should first check if they are eligible to invest in Vietnam under the country’s laws and regulations.
2. Investment registration: Foreign investors must submit an investment registration application to the local Department of Planning and Investment (DPI) where the project is located. The application should include information such as the investor’s background, the proposed project, and financial information.
3. Project evaluation: The DPI will evaluate the project proposal to determine its feasibility and economic potential. The evaluation may involve consultation with other government agencies, local communities, and experts.
4. Investment license: If the project is approved, the DPI will issue an investment license to the investor. The license includes details such as the investor’s name, investment amount, location, and business scope.
5. Post-licensing procedures: After obtaining an investment license, foreign investors may need to complete additional procedures such as registering for tax, obtaining permits and licenses, and opening bank accounts.

It is important to note that the procedures for investment registration in Vietnam may vary depending on the type and scale of investment, as well as the industry and location. Therefore, it is recommended that foreign investors seek professional advice and assistance to ensure compliance with the country’s laws and regulations.