Name | Social Obligations of Investors |
---|---|
Description | Investors must: 1. Implement insurance and social security regimes for employees of their enterprises in compliance with laws and regulations, 2. Facilitate the organization and activities of mass organizations in their enterprises especially trade union; 3. Observe and respect local fine tradition, custom and culture; 4. Compensate those who have been affected by their business operation; 5. Contribute, support and promote domestic businesses and poverty reduction of people and develop locality where their investment projects are located; 6. Contribute budget in the social development work as per the Decree implementing this Law. 7. Perform other obligations as set out in laws and regulations. |
Comments | - |
Validity From | 17-11-2016 |
Validity To | 31-12-9999 |
Reference | Article 73 |
Status | Active |
Measure Type | Administrative Requirements |
Agency Name | Ministry of Planning and Investment |
Legal Document | Law on Investment Promotion (Amended) No.14/NA, dated 17 November 2016 |