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Renewal of Investment Permit

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An investment permit shall be renewed every year until the investor commences the marketing of his products and services.
•    A holder of an investment permit may not be required to obtain a business license until the commencement of production or rendering of service upon completion of his project.
•    An investment permit may not be transferred to another person without the prior written approval of the appropriate investment organ.
•    No investor may, at any time be allowed to invest by holding both a domestic and foreign investment permit.

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