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Investment Procedures

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PROCEDURES FOR TRANSFORMING LIMITED LIABILITY COMPANY INTO SHAREHOLDING COMPANY

FROM ONE MEMBER LIMITED COMPANY INTO SHAREHOLDING COMPANY

A. List of documents

1. Request for business registration (standard form);

2. List of founding shareholders (standard form) and foreign shareholders (standard form); List of authorized representatives for foreign shareholders being organizations (standard form);

3. Charter (reference form);

4. Legal copies of:

4.1 IDs or passports or other legal identities of founding shareholders and foreign shareholders (individuals);

4.2 Decision on establishment or Business registration certificate or equivalent of organization; valid ID or passport of authorized representative of founding shareholder and foreign shareholder and relevant letter of authorization (please refer to Article 15 of Law on Enterprises);

For organizational shareholder: copies of Business registration certificate or equivalent must be consular legalized;

4.3 Investment registration certificate of foreign investor as stipulated by Law on Investment;

5. Capital transfer contract (standard formor proof of transfer completion or investment capital contribution agreement or certificate of legal inheritance;

6. Owner’s decision on the transformation;

7. Letter of attorney for dossier submission.

B. Number of dossiers: 01 set

C. Processing time: 05 working days

D. Application unit: One stop shop service, Department of Planning and Investment

FROM MULTI- MEMBER LIMITED COMPANY INTO SHAREHOLDING COMPANY

A. List of documents

1. Request for business registration (standard form);

2. List of founding shareholders (standard form) and foreign shareholders (standard form); List of authorized representatives for foreign shareholders being organizations (standard form);

3. Charter (reference form);

4. Legal copies of:

4.1 IDs or passports or other legal identities of founding shareholders and foreign shareholders (individuals);

4.2 Decision on establishment or Business registration certificate or equivalent of organization; valid ID or passport of authorized representative of founding shareholder and foreign shareholder and relevant letter of authorization (please refer to Article 15 of Law on Enterprises);

For organizational shareholder: copies of Business registration certificate or equivalent must be consular legalized;

4.3 Investment registration certificate of foreign investor as stipulated by Law on Investment;

5. Capital transfer contract (standard formor proof of transfer completion or investment capital contribution agreement or certificate of legal inheritance;

6. Board of members’ decision on the transformation;

7. Legal copy of minute of meeting on the transformation

8. Letter of attorney for dossier submission.

B. Number of dossiers: 01 set

C. Processing time: 05 working days

D. Application unit: One stop shop service, Department of Planning and Investment

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Address

18th Floor, Danang Administration Center,

24 Tran Phu St., Danang City

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Contact

84-236-3886243/3810054

ipa@danang.gov.vn

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Copyright of Danang Investment Promotion Agency

License No. 124/GP-STTT by Authority of Danang Department of Information and Communications issued on February 20, 2017

Subsidiary Responsible Person: Mrs. Huynh Lien Phuong - Director of Danang Investment Promotion Agency