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Procedure for terminating operation of the executive office of the foreign investor under the BCC contract.
Procedure type
investment
Issued agency
The Industrial Zones Authority
Process order

Steps for implementing:

- Step 1: Within seven working days from the date of issuing the decision on terminating operation of the executive office, the foreign investor shall submit the notice document at the one-stop shop (OSS) of Bac Giang Industrial Zones Authority (where the executive office is located)

+ 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 of receipt: In working hours from Monday to Friday

+ Method of receipt: The staff of the OSS shall check the set of documents; if it satisfies the regulations, a receipt (with the date of returning result) shall be handed over to the investor. In case the investor does not supply enough documents as required, they will be instructed to supplement documents.

- Step 2:

+ The staff of the OSS shall send the set of documents to the Investment Management Division as regulated

+ The Investment Management Division shall check and give the appraisal opinion on documents of the investment project for consideration and decision by the head of IZA.

+ After obtaining the investment policy of the head, the Investment Management Division advises the head to sign Decision on revoking Certificate of registration of operating executive office for foreign investors under the BCC contract and send the result to the OSS.

- Step 3: The investor shall show the submission receipt and receive the result at the OSS of Bac Giang Industrial Zones Authority.

Time to return results: In working hours from Monday to Friday

Process method
How to apply: - Apply directly at the OSS - Bac Giang Industrial Zones Authority - Apply by post;
Docmument number and component
Required documents and number of the sets of documents a) Required documents: - Decision to terminate the operation of the executive office in cases where the executive office terminates its operation ahead of time; - List of creditors and debt amounts already paid; - List of employees and workers' rights has been settled; - The tax office's certification of fulfillment of tax obligations; - The social insurance agency's certification of the fulfillment of the social insurance obligation; - Confirmation by the police office of the cancellation of the seal; - Certificate of registration of operating office; - A copy of the investment registration certificate; - Copy of BCC contract. b) Number of sets of documents: 04 sets (01 original set)
Due-dates
Time limit: 15 working days from the receiving date of the valid document
Process by
The objects implementing administrative procedure: Foreign investors (individuals and organizations) holding executive office in the BCC contract
Result of administrative procedure
Level
3
Fees
Fees
Fees, duties: N/A
Document template
Requirement
Requirements and conditions for implementation of administrative procedure: - Providing valid documents as per required; - Foreign investor is a Party of BCC contract
Legal foundation
Legal basis - Investment Law No.67/2014/QH13 dated 26/11/2014 of the National Assembly; - Decree No. 118/2015/ND-CP dated 12/11/2015 of the Government detailing and guiding the implementation of a number of articles of the Investment Law; - Circular No.16/2015/TT-BKHDT dated 18/11/2015 of the Ministry of Planning and Investment stipulating forms of implementation of investment procedures and reports on investment activities in Vietnam.

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