This Law is enacted to enhance the roles and benefits of investments contributed to the national socio economic growth in a continuous and sustainable manner; and significantly to the national protection and development.
The Law stipulates principles, regulations and measures regarding the promotion and management of domestic and foreign investments aiming at ensuring investment with convenience; speediness; accuracy; being protected by the Government; and ensuring the rights and benefits of investors, of the state and of the people.
The Government promotes both domestic and foreign investments in all economic sectors through policies to create enabling environment and facilitating conditions, for instance, providing guidelines / directions and necessary information; granting investment incentives through duty and tax policy; labor; the right on land use; and one stop services, including the recognition and the Government s assurance of protection of lawful ownership, rights, benefits of investors. An enterprise registration certificate includes investment approval, investment incentives, tax certificate and business operation approval issued by concerned sectors. Upon the issuance of the enterprise registration certificate, the investor can immediately start business operation.