Investment Procedure into VID Group's Industrial Zones
(24/09/2009)
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Step
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Description
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Division in charge
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Remark
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1
|
Investor study the detail information about IZ, including the landmark map anh choose the land position. |
- Director Board and sales Department
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|
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2
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Signing the Memorandum of Understanding (MOU). Pay the deposit of 30% total land rent within 07 days from the date of MOU.
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- Director Board
- Accounting Department
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- MOU will be typed in Vietnamese or English - Make the receipt of the deposit |
|
3
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Within 15 days from the date of MOU the lessee has to submit the final profile for getting the Investment Certificate
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Industrial Zone Manager Board
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- Review and response within 10 days |
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4
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If the final profile for getting Investment Certificate:
1. is approved: next step
2. is not approved: VID Group will reimburse the deposit (without interest). The signed MOU will become null and void.
|
1. Industrial Zone Manager Board 2. Director Board |
1. Grant investment Certificate 2. Industrial zone management Board make an official refusing grant Investment Certificate with reasons, return depostit |
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5
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within 07 days from the date of being granted Investment Certificate, will sign Land Sublease Contact |
- Director Board
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|
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6
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within 07 days from the date of signing Land Sublease, the lessee pay 30% total land rent
|
-Director Board -Accounting Department |
- Make the Receipt. |
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7
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within 07 days from handovered land date, Lessee pay 40% total land rent
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- Director Board
- Accouting Department
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- Make the Receipt |
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8
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To grant the Land used right Certicificate (Red Book) within 08 (eight) months from handovered land date
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- Director Board
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- To issue the VAT Invoice
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