Requirements
Representatives
1.
Passport or Vietnamese ID card of investor (original)
For case of authorization
1.
Passport or Vietnamese ID card of authorized person (original)
2.
Power of attorney (original)
issued by investor for his/her legal representative in case investor is unable to come to sign the contract
Time frame
Attention at counter:
Min. 30mn - Max. 1h20mn
Waiting time until next step:
Min. 5 days - Max. 10 days
Legal justification
1.
Civil Code 2005 of National Assembly
Article 480
2.
Law No. 45/2013/QH13 dated November 29, 2013 of the National Assembly on Land
Article 149.2
3.
Decree 43/2014/ND-CP of the Government specifying the enforcement of a number of provision of the Land Law 45/2013/QH13
Article 51.2
Additional information
1. After signing the MOU and obtaining the investment certificate, investor can sign the land lease contract with the IDC that he/she had signed the MOU.
2. Land lease contract.
The content of land lease contract varies. However, it must include three main elements: information of two parties, location of the land (decided during previous step), negotiated lease price.
3. Legal representative of the company will sign the contract. If the investor can not sign the contract, he/she may issue an authorization letter for another person.
4. Land lease procedures (e.g. land lease contract, land handover and land rental payment, etc.) vary among IDCs. Please be noted that currently companies leasing land in IDCs in Danang will not be issued land use right certificates.
5. Investors and IDC will sign the land lease contract and hand over land at the site at the same time. Before signing, the two sides may negotiate about the contract terms via email or during direct working meeting.
We take Hoa Can Industrial Zones as an options to lease land. For more IDC details, please refer to the list above
