In case before being granted an establishment license, if the foreign investor opens an investment capital account at an authorized bank to meet legal expenses for the initial stage of investment preparation in Vietnam under regulations on foreign exchange management for foreign direct investment activities in Vietnam, the land rental deposit that the foreign investor transfers from the above capital account to the account of the land lessor is considered a valid capital contribution of investors to the company.
In case a foreign investor transfers money directly from abroad to the land lessor's account to pay the land rental deposit without going through an investment capital account opened at an authorized bank, which does not comply with the provisions and this amount is not considered a valid capital contribution of investors to the Company.