A foreign owned company will be set up through following steps:
(1) Obtaining investment policy decision
(2) Obtaining investment registration certificate (3) Obtaining enterprise registration certificate
Foreign investors shall implement investment projects through the company setup, except cases of investment in the form of capital contribution or share or capital contribution purchase or under contracts and based on investment nature, scale, location, the investors shall have to implement following procedures:
- Proposing land lease or land allocation
- Making investment construction project
- Designing and obtaining the approval for fire fighting and fire prevention design.
- Obtaining and evaluating technical drawing and construction drawing
- Making and obtaining the approval for environment assessment impact report
- Obtaining construction permit