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Procedures for issuance of decisions on investment policies by the National Assembly (to investment projects that are not required to have investment registration certificate)
Procedure type
investment
Issued agency
The Industrial Zones Authority
Process order

Steps for implementing

- Step 1: Applicant prepares documents as regulated in Clause 1 Article 34 of the Law on Investment to submit at the one-stop shop of the provincial Industrial Zones Authority of  Bac Giang (Bac Giang IZA).

+Address: The Center for Public Administrative Services, the Inter-agency headquarter, 3/2 Square, Bac Giang city, Bac Giang province.

+Tel: 0204 3662 005.             

+ Time to receive the application: during working hours from Monday to Friday

+ Receiving method: the staff at the one-stop shop shall check documents. If documents satisfy the regulations, they will issue a receipt of documents including the date of returning results to applicant. In case applicant does not supply enough documents as required, he will be instructed to supplement documents.

  • Step 2

+ The staff at the one-stop shop shall send the set of documents to the Investment Management Division as per required.

+ The Investment Management Division checks the set of documents, and advises the Head of Industrial Zone Authority to forward the set of documents to the Ministry of Planning and Investment for the latter to report to the Prime Minister of the Government for establishment of a State appraisal council.

+ The State appraisal council shall organize appraisal of the set of documents and prepare an appraisal report including the items prescribed in clause 6, article 33 of the Law on Investment for submission to the Government.  

+ The Government shall send the documents for decision on the investment policy to the agency of the National Assembly presiding over verification of the items of investment project.

+ The National Assembly shall consider and pass a resolution on investment policies. Results shall be forwarded to the One-stop shop.

- Step 3: Investors shall present the submission receipt and receive the administrative procedures result at the one-stop shop of the Industrial Zones Authority.

Time to receive result: in working hours from Monday to Friday.

Process method
How to apply: application is directly submitted at the one-stop shop of the Industrial Zones Authority.
Docmument number and component
Required documents and number of the sets of documents a) Required documents: - Written application for implementation of the investment project (form); - Copy of the people’s identity card, ID card or passport in the case of investors being an individual; copy of the incorporation certificate or other equivalent certifying the legal status in the case of investors being an organization; - Proposal for the investment project (form) - Copy of any one of the following documents: financial statements for the last two years of the investor; undertaking of the parent company to provide financial support; undertaking of a financial institution(s) to provide financial support; guarantee for the financial capability of the investor; or a document providing the financial capability of the investor; - Proposal for a need for land use; where the project does not require the State to allocate or lease out land or to permit conversion of land use purpose, a copy of the site lease agreement or other document certifying that the investor has the right to use the site for implementation of the investment project shall be submitted. - Explanatory statement on technology to be used in respect of the projects prescribed in article 32.1(b) of Law on Investment, including the following items: name of technology, origin of technology, diagram of technological process; main technical specifications, condition of machinery, equipment and main technological line to be used; - BCC contract in the case of investment projects in the form of a BCC contract. - Plan for site clearance, relocation and settlement (if any). - Preliminary evaluation of environmental impact and solutions for environmental protection. - Evaluation of impact and socio-economic efficiency of the investment project. - Proposal for a special mechanism or policy (if any).
Due-dates
Time limit: According to the Program and the session of the National Assembly
Process by
The objects of implementing administrative procedures: Domestic investors (individuals and organizations) implementing investment projects under authority of the National Assembly to make decision on investment policy in accordance with Article 30 of the Law on Investment.
Result of administrative procedure
Level
3
Fees
Fees
Fees, duties: N/A
Document template
Requirement
Requirements and conditions for implementation of administrative procedures: satisfy items of appraisal prescribed in Clause 6, Article 33 of the Law on Investment.
Legal foundation
Legal basis - Law No. 67/2014/QH13 on Investment dated November 26, 2014; - Decree No. 118/2015/ND-CP on detailing and guiding the implementation of a number of articles of the Law on Investment dated November 12, 2015 of the Government; - Circular No.16/2015/TT-BKHDT dated 18/11/2015 on regulating the application forms for investment procedures and reporting forms on investment in Vietnam.

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