Establishment of executive office of foreign investor in BCC

a) Implementation order:  

-Step 1: Foreign investor in BCC submitted registration documents for establishment of executive office in the Department of Planning and Investment in Hung Yen.

-Step 2: Within 15 days after receipt of the documents as prescribed, Department of Planning and Investment issues Certificate of registration of executive office to the foreign investor in BCC.

b) Implementation method:

- Submit documents: directly at the Division of receiving and returning results (in the head office of the Department of Planning and Investment in Hung Yen province); or through the postal system.

- Receive results: directly at the Division of receiving and returning results (in the head office of the Department of Planning and Investment in Hung Yen province); or through the postal system.

c) Documents:

- Written registration of establishment of executive office including the name and address of the representative office in Vietnam (if any) of the foreign investor in BCC; name and address of executive office; content, duration and scope of activities of the executive office; full name, place of residence, citizen identity card, identity card or passport of the head of executive office (investors initial on each page, and fully sign on the last page);

- Decisions of the foreign investor in BCC on the establishment of executive office (for documents of foreign organizations, they must be legalized; documents in foreign language must be translated into Vietnamese, certified by organizations with function of translation);

- A copy of the decision to appoint the head of the executive office;

- A copy of Business Cooperation Contract (BCC).

* Remarks: Individuals/ organizations implementing administrative procedures may submit the copy from the original, certified copy or copy not certified and the original for comparison.

d) Number of documents:

01 set

đ) Time limit for settlement:

Within 15 working days from receipt of documents

e) Implementing agency:

- Agency directly implementing administrative procedures: Department of Planning and Investment in Hung Yen province;

- Coordinating agency: relevant departments, lines.

g) Subjects implementing administrative procedures:

Foreign Investor (individual and organization)

h) Results of administrative procedures:

Registration certificate of the executive office under Form II.6 issued together with Circular No. 16/2015/BKHDT.

i) Fees:

None

k) Name of form, declaration:

Written Registration of establishment of executive office under Form I.5 issued together with Circular No. 16/2015/BKHDT.

l) Requirements and conditions for procedure implementation:

- There is valid record;

- Foreign investor is one party in BCC.

m) Legal basis of administrative procedures:

- Investment Law No. 67/2014/QH13 dated 26/11/2014;

- Decree No. 118/2015/ND-CP dated 12/11/2015 of the Government detailing and guiding the implementation of some articles of the Investment Law;

- Circular No. 16/2015/TT-BKHDT dated 18/11/2015 of the Ministry of Planning and Investment providing the form of investment procedures and investment report in Vietnam.