Termination of operation of executive office of the foreign investor in BCC

a) Implementation order:

- Step 1: Within 07 working days from the date of the decision to terminate the operation of the executive office, foreign investor submits documents informing Department of Planning and Investment Executive office location.

- Step 2: Within 15 days after receipt of complete documents, Department of Planning and Investment decides to revoke the certificate of registration of the executive office.

b) Implementation method:

  - Submit documents: directly at the Division of receiving and returning results (in the head office of the Department of Planning and Investment in Hung Yen province); or through the postal system.

- Receive results: directly at the Division of receiving and returning results (in the head office of the Department of Planning and Investment in Hung Yen province); or through the postal system.

c) Documents:

- The decision on termination of the operation of the executive office in case the executive office terminates operation ahead of schedule (for documents of foreign organizations, they must be legalized; documents in foreign language must be translated into Vietnamese, certified by organizations with function of translation);

- The list of creditors and debts paid;

- List of laborers and labor rights resolved;

- Certification by the tax authorities on the complete tax obligations;

- Certification by the social insurance agency on complete obligations of social insurance;

- Certification by the public security of the cancellation of the seal (if any);

- Certificate of registration of the executive office;

- A copy of Investment registration certificate;

- A copy of BCC.

* Remarks: Individuals/ organizations implementing administrative procedures may submit the copy from the original, certified copy or copy not certified and the original for comparison

d) Number of documents:

01 set

đ) Time limit for settlement:

Within 15 days of receipt of valid documents.

e) Implementing agency:

- Agency directly implementing administrative procedures: Department of Planning and Investment in Hung Yen province;

- Coordinating agency: relevant departments, lines.

g) Subjects implementing administrative procedures:

Foreign investor (individual and organization) has executive office in BCC.

h) Results of administrative procedures

Decision to withdraw the certificate of registration of the executive office

i) Fees:

None

k) Name of form, declaration:

None

l) Requirements and conditions for procedure implementation:

None.

m) Legal basis of administrative procedures:

- Investment Law No. 67/2014/QH13 dated 26/11/2014;

- Decree No. 118/2015/ND-CP dated 12/11/2015 of the Government detailing and guiding the implementation of some articles of the Investment Law;

- Circular No. 16/2015/TT-BKHDT dated 18/11/2015 of the Ministry of Planning and Investment providing the form of investment procedures and investment report in Vietnam.