Does the Investment Certificate have an expiry date?
How long is the validity of the Investment Certificate?
The content of the Investment Registration Certificate is specified in Article 40 of Law on Investment No. 61/2020/QH14 including:
1. Name of the investment project.
2. The investor.
3. Investment project code.
4. Location and land area of the investment project.
5. Objectives and scale of the project.
6. Capital investment in the investment project (including the investor's contributed capital and raised capital).
7. Duration of the investment project.
8. Project execution schedule, including:
a) Capital contribution and capital raising schedule;
b) Schedule of achievement of primary operational objectives of the investment project; execution schedule of each stage (if the project is divided into multiple stages);
9. Investment incentives or investment assistance, and bases or conditions for application thereof (if any).
10. Conditions applied to the investor executing the investment project (if any).
Thus, it can be seen that the term of the Investment Certificate depends on the operating term of the investment project. Accordingly, this term of the Investment Certificate cannot exceed the term of the investment project.