HOW A VIETNAMESE DUAL CITIZENSHIP BE ALLOWED TO REGISTER INVESTMENT ACTIVITY IN VIETNAM ?
( 16/01/2019 - Lượt xem: 2079 )According to the Investment Law No. 67/2014, for investment activities conducted in Vietnam, a Vietnamese dual citizenship has the rights to decide registering investment activity by one of his citizenships. The investment conditions applied is followed by his selection accordingly.
In case of choosing to apply investment conditions and procedures as for domestic investor, investor may not exercise the rights and perform the obligations prescribed for foreign investors.
Basically, the difference between two ways concerning the investment registration is: foreign investor first time doing investment in Vietnam has to go through 2 steps procedure, the first is registration for Investment registration certificate and the second is Enterprise registration certificate for a legal entity setting up. Meanwhile, Vietnamese citizenship investor must not implement the procedure of investment registration certificate but only enterprise registration certificate and investment conditions in some investment activities applied to foreign investor is not applied to Vietnamese citizenship.
In case of choosing to apply investment conditions and procedures as for domestic investor, investor may not exercise the rights and perform the obligations prescribed for foreign investors.
Basically, the difference between two ways concerning the investment registration is: foreign investor first time doing investment in Vietnam has to go through 2 steps procedure, the first is registration for Investment registration certificate and the second is Enterprise registration certificate for a legal entity setting up. Meanwhile, Vietnamese citizenship investor must not implement the procedure of investment registration certificate but only enterprise registration certificate and investment conditions in some investment activities applied to foreign investor is not applied to Vietnamese citizenship.
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