WHAT IS THE INVESTMENT CAPITAL CONTRIBUTION PERIOD? HOW IS THE CURRENT LAW REGULATED ON THE INVESTMENT CAPITAL CONTRIBUTION PERIOD? 

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Regarding the investment sector, the current law has clear regulations on the procedures and processes of investment capital contribution, including regulations on the investment capital contribution period. These are basic and extremely important issues that investors need to pay attention to. So what is the investment capital contribution period? Let's find out with OTIS LAWYERS in the following article! 

What is investment capital contribution? 

Investment capital contribution is understood as the act of an investor contributing money or other legal assets to create investment capital for a business or project, including capital contributions to establish a new business/project or to add investment capital to an existing business/project.

Assets that can be used for investment capital contribution

Beside using money, Vietnamese law also allows investors to use some other legal assets for investment capital contribution, specifically: 

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– Gold;

– Value of land use rights, intellectual property ownership. Including:

  • Copyright, related rights to copyright;
  • Industrial property ownership;
  • Rights to plant varieties;
  • Other intellectual property rights as stipulated by intellectual property laws.

– Technology, technical secrets and other assets that can be evaluated and valued in Vietnamese dong. 

Investment capital contribution period 

After being granted an investment registration certificate, the investor needs to contribute sufficient investment capital as registered to implement the investment project. Usually, the investment capital contribution period is 90 days from the date of being granted the business registration certificate by the project implementing organization. 

Investors need to pay attention to contributing capital on time. If it exceeds the time limit specified on the investment certificate, banks will not allow the investment capital to be received. The business/investment project will then not receive the source of capital to carry out its activities. 

In case the investor is unable to arrange time to contribute capital on time, the investor needs to request to extend the investment capital contribution period. 

Conditions for extending investment capital contribution period

Investors who want to extend the investment capital contribution period need to pay attention to the deadline for submitting the extension application. The deadline for submitting the extension application must be within the investment capital contribution period of the investor. In case the extension application is submitted after the investment capital contribution period has ended, the investor will be fined for administrative violations or may have their investment registration certificate revoked. 

Investment Law consulting services of OTIS LAWYERS 

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OTIS LAWYERS is always proud to be a professional unit in the field of investment law consulting. With a team of highly qualified lawyers, extensive experience and dedication to clients, we believe that we will provide you with the best, most professional service, reasonable cost and time. complete the process as quickly as possible. We commit that all customer information is absolutely confidential and customer interests always come first.

For any questions or comments, please contact:

OTIS AND PARTNERS LAW FIRM

Office address: K28 - Group K, Lane 68 Trung Kinh, Yen Hoa Ward, Cau Giay District, Hanoi

Email: [email protected]

Hotline: 0987748111

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