Reception level

Service Name:

INFORMATION SERVICES (SETTLEMENT TIME: 16 WORKING DAY)

a) Order of implementation:

* Step 1. Submit dossiers

- At least 15 days before the fund expires, the company that manages the fund will notify the receiving department of the Department of Planning and Investment at the provincial Public Administration service Center, address: No. 727 National Road No. 14, Tan Binh Ward, Dong Xoai City, Binh Phuoc Province where the company is headquartered to extend the operation time of the fund.

Notice of extension of the duration of operation of an innovative start-up investment fund is made according to Form 03 of the Appendix enclosed with the Government's Decree No. 38/2018 / ND-CP of March 11, 2018, providing forms of documents used in the notice of establishment and operation of innovative start-up investment fund.

- Public servants receiving dossiers checking the completeness and validity of the dossiers:

+ In case of complete and valid dossiers, receive and prepare a Letter of receiving dossiers and Letter of returning the results to the applicant.

+ In case the dossier is incomplete and invalid, guide the applicant to supplement and complete the dossier as prescribed.

- Transfer dossiers to Department of Planning and Investment for settlement.

* Step 2. Verify dossiers

- The business registration agency is responsible for reviewing the validity of the notice and attached documents within 15 working days from the date of receiving the notice.

In case the notice and accompanying documents are valid, the business registration agency (through the Public Administration service Center) shall send a document to the fund management company about the notice of extension of operation time of a valid innovative start-up investment fund. In case the notice and accompanying documents are invalid according to the Government's Decree No. 38/2018 / ND-CP of March 11, 2018, the business registration agency (through the Public Administration service Center) send the document to the fund management company and specify the reason and requirements for amendments and additions (if any).

* Step 3. Return the results

The applicant should bring the Letter of receiving dossiers and Letter of returning the results to the Public Administration Service Center of Binh Phuoc Province to be instructed to perform the related obligations (if any) and receive the results.

b) Method of implementation:

+ Directly at the Public Administration Service Center of Binh Phuoc Province.

+ Sending through post office to the Public Administration Service Center of Binh Phuoc Province.

+ Submit online at the website: https://dangkyquamang.dkkd.gov.vn

c) Composition, number of dossiers:

* Composition of dossiers, including:

- Notice of extension of the duration of operation of the  innovative start-up investment fund according to the Form 03 of the Appendix enclosed with the Government's Decree No. 38/2018 / ND-CP of March 11, 2018, providing forms of documents used in the notice of establishment and operation of innovative start-up investment funds.

- Minutes of meetings and resolutions of the General Meeting of Investors on the extension of the duration of operation of the fund, clearly stating the duration of operation extension of the fund;

- Details of the portfolio and report of net asset value of the fund at the latest valuation date up to the filing date of extension;

- Changes in investors, fund charter (if any).

* Number of dossier: 01 set of dossier.

d) Time limit for settlement: Business Registration agency is responsible for reviewing the validity of the notice and attached documents within 15 working days from the date of receipt of the notice.

d) Subjects carrying out administrative procedures: Organization.

e) Agencies carrying out administrative procedures:

- Competent authority for settlement: Department of Planning and Investment.

- Agency directly implementing: Business Registration Division - Department of Planning and Investment.

g) Results of carrying out administrative procedures:

The document sent to the fund management company regarding the notice of extension of the operation duration of the valid innovative start-up investment fund and the enterprise profile updated on the National Business Registration Portal.

h) Fees: none

i) Name of application form and declaration form:

Form 03: Notice of extension of operation time of innovative start-up investment fund, issued together with Appendix to Decree No. 38/2018 / ND-CP.

k) Requirements and conditions for carrying out administrative procedures: None

l) Legal grounds of administrative procedures:

- Law on Supporting Small and Medium Enterprises No. 04/2017 / QH14 dated June 12, 2017

- Decree No. 38/2018 / ND-CP dated 11 March 2018 of the Government detailing for Small and Medium Enterprises in innovative startups.