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Investment registration

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Procedure for amendment of Investment Registration Certificate of which the investment project not subject to Investment Policy Decision

01. Conditions for application

An investor must carry out procedure for amendment Investment Registration Certificate if
1. It changes its name, its address or the name of its investment project
2. It changes the location of implementation of the investment project; land area to be used; objectives and scale of the investment project; Investment capital of the project, schedule of capital contribution, and raising sources of capital; operational duration of the project; schedule of implementation of the investment project; incentives or investment support; and conditions applicable to the investor implementing the project

02. Applicable laws

1. Investment Law 2014
2. Decree No. 118/2015/NĐ-CP
3. Circular No. 16/2015/TT-BKHĐT

03. Procedure

Step 1: Prepare a set of the following documents

  • In case of change of the name of the investment project, name of the investor or address of the investor:
  1. Written application for amendment of an Investment Registration Certificate; and
  2. Documents relating to the name, address or the investor, or the name of investment project
  • In case of change of the location of implementation of the investment project; land area to be used; objectives and scale of the investment project; Investment capital of the project, schedule of capital contribution, and raising sources of capital; operational duration of the project; schedule of implementation of the investment project; incentives or investment support; and conditions applicable to the investor implementing the project:
  1. Written application for amendment of an Investment Registration Certificate;
  2. Report on the status of implementation of the investment project up to the date of the application for amendment of the investment project;
  3. Decision on amendment of the investment project of the investor; and
  4. Explaination statement and/or documents proving the amendment depending the different following cases:
  • Copy of the people’s identity card, ID card or passport in the case of investors being an individual; copy of the incorporation certificate or other equivalent document certifying the legal status in the case of investors being an organization;
  • Proposal for the investment project comprising the following items: investors implementing the project, investment objectives, investment scale, investment capital and method of raising capital, location, duration, investment schedule, need for labour, proposal for investment incentives, assessment of impact and socio-economic efficiency of the project;
  • Copy of any one of the following documents: financial statements for the last two years of the investor; undertaking of the parent company to provide financial support; undertaking of a financial institution(s) to provide financial support; guarantee for the financial capability of the investor; or a document proving the financial capability of the investor;
  • Proposal for a need for land use; where the project does not require the State to allocate or lease out land or to permit conversion of the land use purpose, a copy of the site lease agreement or other document certifying that the investor has the right to use the site for implementation of the investment project shall be submitted; and/or
  • Explanatory statement on technology to be used in respect of the projects using technology in the list of technologies the transfer of which is restricted in accordance with the law on technology transfer,  including the following items: name of technology, origin of technology, diagram of technological process; main technical specifications, condition of machinery, equipment and main technological line to be used;

Step 2: The investment registration agency shall, within a time-limit of ten (10) working days from the date of receipt of the complete file or in the case of refusal to amend the Investment Registration Certificate, notify the investor in writing and specify the reason therefor.

04. Processing Time 03 - 10 working days

05. Service fee USD 1800 - 2500

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