Investment procedures

Procedures, order of investment in Industrial Parks, Economic Zones

This process stipulates the order of settlement of investment procedures in order to create favorable conditions for domestic and foreign investors (referred to as investors) to invest in production and business in industrial parks (IZs). ), Economic Zone, Border Gate Economic Zone (EZ).

Step 1: Decide on investment policy and issue an Investment Registration Certificate.

1. The focal point for receiving: The Economic Zone Management Board shall receive dossiers for projects implementing economic zones and industrial zones through the Public Administration Center;
2. Competence to settle
– Provincial People’s Committee;
– Management of economic zones.
3. Time limit for settlement:
– For projects under the authority of the Provincial People’s Committee: No more than 35 days from the date of receipt of complete and valid dossiers;
– For projects under the authority of the Economic Zone Management Board: 15 days from the date of receipt of complete and valid dossiers;
– For cases where an investment registration certificate is required or is required, the Economic Zone Authority shall grant it within 03 days from the date of issuance of a decision approving the investment policy from the competent authority. permission.

Step 2: Establishment of enterprises and other economic organizations for foreign investors investing in the form of establishing economic organizations.

After being granted an Investment Registration Certificate as prescribed, the investor shall carry out the procedures for establishing an enterprise at the business registration office of the Department of Planning and Investment or establish another economic organization at the agency. competent authority within 30 working days from the date of issuance of the Investment Registration Certificate.

Step 3: Formulating, appraising and approving detailed construction planning and master plan

The investor shall make detailed construction planning at the rate of 1/500 for construction investment projects using land with an area of 05 ha or more. For investment projects on construction of works using land with an area of less than 05 hectares, investors can make a master plan on the total ground without having to make detailed construction planning at the scale of 1/500.
1. The receiving agency:
– The Department of Construction receives dossiers for the tasks and projects of construction planning, urban planning under the approval competence of the Provincial People’s Committee;
– The People’s Committee of the district where the project is located receives the application for the tasks and the urban planning and construction planning project under the approving competence of the People’s Committee of the district.
2. Time limit for settlement: No more than 25 working days from the date of receipt of valid dossier.

Step 4: Appraise the basic design of the work construction investment project.

1. The focal point for receiving: Department of Construction or Economic Zone Management Board as decentralized;
2. Time limit for settlement: For group B projects no more than 13 days, group C projects no later than 08 days from the date of receipt of complete and valid dossiers.

Step 5: Appraisal of fire prevention.

1. Dossier-receiving agency: Investors have projects and works on the list specified in Appendix IV issued under Decree No. 79/2014/ND-CP dated July 31, 2014 of the Government on regulations. To detail the implementation of a number of articles of the Law on Fire Prevention and Fighting and the Law on Amending and Supplementing a Number of Articles of the Law on Fire Prevention and Fighting, and submit dossiers at the Fire Prevention and Fighting Police Department. – Provincial police.
2. Time limit for settlement:
a. For design approval for fire prevention and fighting
– Basic design should not exceed 07 working days for projects of group A, no more than 03 working days for projects of groups B and C;
– Technical design or construction drawing design must not exceed 10 working days for projects of group A, and within 07 working days for projects of groups B and C, from the date of receipt of valid dossiers;
b. For the acceptance of fire prevention and fighting: Within 03 working days from the date of approval of the acceptance record, if satisfactory, the Police Department of Fire Prevention and Control shall issue a document on the acceptance of fire prevention and fighting.

Step 6: Information/Agreement on water supply, drainage, electricity supply

1. Investment in economic zones and industrial zones:
– For investment projects at locations where there are already infrastructure companies and water supply companies: Investors contact the infrastructure trading companies and water supply companies to agree on water supply, drainage, electricity supply;
– For investment projects at locations where there is no infrastructure trading company or water supply company: Investors contact the Provincial Economic Zone Management Board for instructions on how to negotiate on water supply. , drainage, power supply.
2. Competent units shall guide, consider and approve the technical infrastructure connection procedures within 10 working days from the date of receipt of the investor’s request.

Step 7: Appraisal of investment project technology.

* For construction investment projects using technology restricted from transfer or construction investment projects that are likely to have adverse impacts on the environment according to the provisions of the law on environmental protection using technology.
1. Receipt of dossiers: Agencies performing the state management function at the same level in sectors and fields with specialized construction agencies to give opinions on technological design
2. Time limit for settlement: The time limit for commenting on technology is 20 days for Group A projects, 15 days for Group B projects, 10 days for Group C projects from the date of receipt of a complete dossier.

Step 8: Appraise and approve the Environmental Impact Assessment Report

for projects under the approval authority of the Provincial People’s Committee.

1. Dossier-receiving agency: Department of Natural Resources and Environment.
2. Processing time: No more than 30 working days from the date of receiving complete and valid dossiers. In case there is an amendment, within a maximum of 05 working days from the date of receipt of a valid revised dossier, the Department of Natural Resources and Environment shall submit it to the Provincial People’s Committee for approval of the project’s environmental impact assessment report.

Step 9: Confirm the environmental protection plan.

1. The agency receiving and certifying the environmental protection plan: The Economic Zone Management Board certifies the registration of the environmental protection plan for investment projects, production, business and service plans in the area. industrial park under management.
2. Processing time: Within 03 working days, the certifying agency is responsible for reviewing and appraising the dossier. Confirm in writing the registration of the environmental protection plan. In case of unconfirmed, there must be a written notice clearly stating the reason in writing.

Step 10: Deposit to secure the project

The investor must make a deposit to secure the project implementation in accordance with the law on investment through the escrow agreement between the Investor and the Economic Zone Management Board.
1. Time for depositing: After the investment policy is approved and before carrying out the procedures for land allocation or land lease.
2. Investment deposit level: From 1-3% depending on the total investment of the project and exempted from 25-50% depending on the location and the project with investment incentives.

Step 11: Notice of land acquisition, land allocation, land lease, change of land use purpose for investment projects.

1. Dossier-receiving agency: Department of Natural Resources and Environment.
2. Time limit for settlement:
– For the case of land allocation or land lease: No more than 20 working days. For mountainous communes, islands, deep-lying and remote areas, areas with difficult socio-economic conditions, the implementation time may be increased by 15 working days.
– For land use purpose change: No more than 15 working days. For mountainous communes, islands, deep-lying and remote areas, areas with difficult socio-economic conditions, the implementation time may be increased by 15 working days.

Step 12: Appraisal of technical design and construction drawing design.

1. Dossier-receiving agency: Economic Zone Management Board.
2. Authority competent to decide: Economic Zone Management Board.
3. The time for appraisal of technical designs, construction drawing designs of grade II and III works shall not exceed 20 working days; grade IV works within 15 working days from the date of receipt of complete and valid dossiers.

Step 13: Building permit.

Exemption from construction permits for construction works performed in industrial parks with detailed planning 1/500 already approved by competent state agencies and having construction designs appraised.
1. Dossier-receiving agency: Economic Zone Management Board.
2. Authority competent to decide: Economic Zone Management Board.
3. Processing time: No more than 15 working days from the date of receipt of complete and valid dossiers.

Step 14: Check the acceptance and put the works into use; certify the implementation of environmental protection works and measures for the project operation phase.

1. Dossier-receiving agency: Economic Zone Management Board.
2. Authority competent to decide: Economic Zone Management Board.
3. Time limit for settlement:
– The processing time shall not exceed 10 working days from the date of receipt of complete and valid dossiers for the inspection during the work construction process;
– The processing time shall not exceed 15 working days from the date of receipt of complete and valid dossiers for the acceptance of work items and construction works into use.

Step 15: Appraise and approve investment incentives and support.

1. For investment incentives in terms of corporate income tax, import and export tax; Incentives on exemption and reduction of land rent, land use levy and other investment incentives as prescribed by the Government shall be implemented concurrently during the appraisal and approval of investment policies. Investors carry out procedures as prescribed at tax offices, customs offices and competent authorities to enjoy investment incentives.
2. For provincial investment incentives and support:
– Agency receiving dossiers: Department of Planning and Investment.
– Processing time: No more than 16 working days from the date of receiving valid investor’s dossier.