SHIFTING TAX INCENTIVES FOR FDI ENTERPRISES IN INDUSTRIAL ZONES

Foreign organizations and individuals wishing to invest in production or business activities in Vietnam are required to obtain an Investment Registration Certificate and establish a foreign-invested enterprise in full compliance with Vietnamese law.

With many years of experience supporting foreign-invested enterprises, Khanh An is pleased to provide the following detailed procedure and step-by-step guidance for establishing a foreign-invested company in Vietnam:

I. Legal Basis

• Corporate Income Tax Law No. 67/2025/QH15;
• Investment Law No. 61/2020/QH14.

II. Implementation Steps

Step 1: Online registration of information on the National Information System

First, investors must register their project information online through the National Information System. After submitting the hard copy of the application, they will receive an account to access the system and monitor the progress of their application. This system also allows the Investment Registration Authority to efficiently receive, process, and return results of investment registration applications. It serves as a centralized platform to ensure transparency and quick follow-up throughout the process.

Step 2: Applying for the Investment Registration Certificate

Within 15 working days from the date of online registration, investors must submit a paper application for the Investment Registration Certificate at the Investment Registration Authority.

The authority is required to issue the certificate within 15 days of receiving a complete and valid application. If the application is not approved, investors will receive a written notice detailing the reasons for refusal. This ensures clarity and gives investors an opportunity to correct or supplement their documents if needed.

Step 3: Applying for the Enterprise Registration Certificate and Company Seal

Once the Investment Registration Certificate is obtained, the next step is to apply for the Enterprise Registration Certificate. This application must be submitted to the Business Registration Office – Department of Planning and Investment.

After registration, the company must create and register its official seal. At the same time, enterprise information must be published on the National Information Portal in accordance with regulations. These steps help to formalize the company’s legal identity and make its existence publicly verifiable.

Step 4: Submitting the Business License Application at the Department of Industry and Trade

For enterprises involved in retail sales, obtaining a business license from the Department of Industry and Trade is required. This ensures compliance with trade regulations and smooth operation of retail activities.

Step 5: Opening an account for direct investment capital transfer

Foreign investors are required to contribute capital within 90 days of receiving the Enterprise Registration Certificate. Therefore, it is recommended to open an account for direct investment capital transfer immediately after the company is established. This facilitates timely capital contribution and ensures compliance with legal requirements.

Step 6: Completing post-establishment procedures for FDI enterprises

After completing the above steps, the enterprise can focus on operational readiness and compliance with all post-establishment formalities. Proper completion of these steps ensures smooth business operations in Vietnam.

More details: https://khanhanlaw.com/thanh-lap-cong-ty-fdi-co-von-trung-quoc-tai-viet-nam.html

3. Application Dossier

• Written request to implement the investment project;
• Notarized copy of the passport for individual investors; Certificate of establishment or equivalent documents confirming the legal status for institutional investors;
• Investment project proposal;
• Documents demonstrating the investor’s financial capacity;
• Proof of the leased location for project implementation;
• Explanation of technology usage for projects involving restricted technologies under the technology transfer regulations.

CREDIBILITY – QUALITY – HIGH EFFICIENCY are the core values we deliver to our clients. The positive feedback we receive has been our driving force for continuous growth and development at Khanh An Consulting Company.

This article provides our professional insight on:
“FDI Enterprises in Industrial Zones No Longer Enjoy the Two-Year Exemption and Four-Year Reduction.”

For further assistance or detailed consultation, please contact us directly.

Contact Information:
KHÁNH AN CONSULTING CO., LTD
Phone: 02466885821 | 0969877894
Address: 88 To Vinh Dien Building, Khuong Dinh Ward, Hanoi
Website: khanhanlaw.com
Email: Info@khanhanlaw.net

We look forward to working with you!