IP provides full supports to investor during this process
Sign a principle contract for land sublease
Apply for approval of investment policy and investor and apply for investment registration certificate
Apply for Enterprise registration certificate
Sign the land sublease contract
Apply for a Land use right certificate
Environmental procedures (registering for an environmental protection plan or making and applying for an assessment and approval of an environmental impact assessment report)
Prepare and apply for approval of detailed planning
Prepare and apply for approval of fire prevention and fighting, approval of basic design
Prepare and apply for approval of fire prevention and fighting, approval of construction drawing design
Apply for a Construction Permit
According to the Law on Corporate Income Tax No. 14/2008/QH12 dated June 3, 2008, as amended and supplemented by Law No. 32/2013/QH13 dated June 19, 2013 and Law No. 71/2014/QH13 dated November 26 year 2014:
Apply the tax rate of 10% for a period of fifteen years to the enterprise's income from the implementation of new investment projects in the production of supporting industrial products for the production of products of the following industries: textile - garment; footwear; electronics and informatics; automobile production and assembly; mechanical engineering, which as of January 1, 2015 these products cannot be manufactured domestically or can be manufactured but must meet technical standards of the European Union (EU) or equivalent.
The Government shall stipulate the list of supporting industry products prioritized for development as prescribed in Circular No. 111/2015/ND-CP.
Incomes of enterprises from the implementation of new investment projects as above are eligible for tax exemption for no more than four years and a 50% reduction in payable tax amounts for no more than nine subsequent years.
Preferential import tax for imported goods in accordance with the Law on Import Tax and Export Tax under Article 16 of Decree 118/2016/ND-CP and Article 14, Section 1 of Decree 134/2016/ND-CP
- Secondary investors are completely exempt from import tax on machinery and equipment forming fixed assets. VAT will be refunded as soon as the factory comes into operation according to Clause 11 Article 16 of the Law on Import Tax and Export Tax 2016;
Decision 68/QD-TTg on the development of supporting industries from 2016 to 2025, focusing on the field of components and spare parts; textile - footwear sector; and high-tech industry with a total capital of nearly 1,000 billion VND; including activities of connection and support; administration; improvement of the quality of human resources; technology transfer and innovation and information site construction and operation.
Decision 09/2017/QD-UBND dated April 11, 2017 of the People's Committee of Nam Dinh Province on training costs and support levels for elementary level training, training under 3 months according to Decision No. 46/2015/QD-TTg dated September 28, 2015 of the Prime Minister.
Duration of working visa in Vietnam: The maximum duration of a working visa is 1 year. In case the work permit is not valid for 1 year, the duration of the visa for foreigners will be equal to the duration of the work permit.
Laws and legal documents guiding the application for long-term visas for foreigners:
- Law No. 47/2014/QH2013 - Law on entry, exit, transit and residence of foreigners in Vietnam
- Circular No. 04/2015/TT-BCA providing for application forms of temporary residence visa for foreigners.
- Decree No. 11/2016/ND-CP detailing the management of foreign workers, granting work permits to foreigners working in Vietnam
Legal documents prepared for foreigners to apply for working visas for foreigners:
- Business registration, investment license of enterprises or organizations
- Certificate of use of seal sample or Notice of use of seal of an enterprise or organization
- Introduction of the seal, signature of the authorized person of the organization
- Application form for visa and extension of temporary residence (NA5).
- Original valid passport as prescribed.
- Work permit or Work permit exemption certificate for cases exempted from work permit
- Temporary residence book or certificate of temporary residence of foreigners
Submission of documents at the Immigration authorities:
In Vietnam, companies and organizations that apply for a long-term visa for foreigners must carry out procedures at the Immigration Department or the Immigration management office of the police station of the province or city where the enterprise or organization is headquartered.
Time to apply for a long-term visa: 05 working days from the date of submission of valid documents
- Free support for procedures for approval of investment policy, investor approval, application for investment registration certificate (except for cases where the investor wishes to establish an export processing enterprise), Business registration certificate.
- Support for training and recruitment services
- Support for access to Aurora ecosystem:
