The information shared below comes from hard-earned knowledge and experience for your reference.
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In short, the procedure for terminating an investment project must be carried out online via the FDI system, and the hard copy must also be submitted directly to the licensing authority.
Here is a summary of the required documents:
- Notice of project termination.
This must include full information about the Investor/Economic Organization, the status of project implementation, and financial obligations to the State up to the date of termination. - Decision on project termination.
Even though there is a Notice of termination, this Decision is still mandatory. It is an internal document, which should state the reason for termination, the effective date, debt settlement (if any), how the project will be liquidated, and how obligations with related parties will be fulfilled. - Original Investment Registration Certificate.
- Certified copy of the Enterprise Registration Certificate (most recent amendment).
- Power of Attorney for the person submitting the dossier.
- Certified copy of the ID card/citizen ID of the authorized representative.
- Audited financial statements of the last two years – certified copy (a critical additional requirement).
👉 If the company’s financial statements have not yet been audited, an audit firm must be engaged first.
All documents should be compiled into a bound dossier, with a table of contents attached on the cover.
Note: The deadline to submit the dossier for project termination is 15 days from the date of the Decision.
