How to determine the investor's nationality?
1. What is an investor? What types are included?
Investors Not a strange concept to every business person. Accordingly, investors are defined in detail at Clause 18, Article 3 of the 2020 Law on Investment as follows: “investor” means an organization or individual that carries out business investment activities. Investors include domestic investors, foreign investors and foreign-invested business organizations.
The investment pool includes domestic investors and foreign investors and economic organizations with foreign investment capital.
2. What nationality is the investor determined to be?
According to the 2020 Law on Investment, investors are classified into 3 types: domestic investors, foreign investors and economic organizations with foreign investment capital. Accordingly, for each different type of investor, the determination of the investor's nationality is also regulated differently. Specifically:
- Domestic investor: Is an individual investor with Vietnamese nationality or an economic organization without foreign investors as members or shareholders.
Based on the explanation at Article 3 of the 2008 Law on Vietnamese Nationality currently applied, domestic investors are individuals who can be Vietnamese citizens or Vietnamese residing abroad (also known as overseas Vietnamese).
- Foreign investor: An individual with foreign nationality or an organization established under foreign law but carrying out business investment activities in Vietnam. In particular, an individual with foreign nationality is a person who has the nationality of another country and is not Vietnamese nationality.
Note: This case does not include stateless people. Because a stateless person is a person who has neither Vietnamese nor foreign nationality.
- Economic organization with foreign investment capital: This is a type of economic organization in which members are foreign investors or foreign investors are shareholders of the economic organization with investment capital. this foreign country.
Thus, based on the investor classification, the investor's nationality can be determined as an individual with Vietnamese nationality or an individual with foreign nationality...









