Termination of investment projects

12/12/2018

The order of execution

- Step 1: The investor notifies in writing to the Department of Planning and Investment about the suspension of operation; apply at PAA to transfer to the Department of Planning and Investment

- Step 2: The Department of Planning and Investment recognizes the operation status of the project.

Performance

Directly at Public Administration Agency (PAA)

Composition, number of records

- In case of self-deciding to terminate the operation of an investment project according to the provisions at Point a, Clause 1, Article 48 of the Investment Law:

+ Decision on terminating investment projects;

+ Attached to the Investment Registration Certificate (if any);

- In case of terminating the operation of an investment project according to the conditions stipulated in the contract, the charter of the enterprise or the expiry of the operation duration of the investment project (as stipulated in Point b and Point c, Clause 1 of Article 48 Investment Law):

+ Notice of investors;

+ Investment registration certificate (if any)

+ Charter or contract in case of charter or contract recognizing the termination of operation of the investment project.

Number of records

01 set of records

Processing time limit

After receiving dossier

Objects of implementing administrative procedures

Investors (individuals and organizations) 

Implementing administrative procedure agency

The Department of Planning and Investment where the investment project is implemented

Administrative procedure result

Receiving the dossier of operation termination of the investment project

Fee, charge

No

Requirements and conditions for implementing procedures

Investors (individuals and organizations) have investment projects that terminate operation in one of the following cases:

+ Investors decide to terminate the operation of investment projects;

+ Investment projects terminate operation according to the charter of enterprises and contracts;

+ The project expires.

Name of application form, declaration form

Written notice of operation termination of investment project according to  Form I.11  issued together with Circular No. 16/2015 / TT-BKHĐT

Legal basis of administrative procedures

- Investment Law No. 67/2014/QH13 dated on November 26, 2014;

- Decree No. 118/2015 /NĐ-CP on November 12, 2015;

- Circular No. 16/2015 / TT-BKHĐT on November 18, 2015.

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