Service Of Adjustment Of Investment Certificates

Welcome to Van Phuc Loc Law Firm – a reputable legal consulting partner in the field of changing investment registration certificates. We pride ourselves on providing quality services, helping your business perfect the legal process and optimizing business opportunities.

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INVESTMENT LICENSE MODIFICATION SERVICE FOR YOU

Van Phuc Loc Law Firm has more than 12 years of experience in the field of investment, proudly providing investment certificate adjustment services to more than 560 foreign-invested enterprises across the country.

PLEASE LEAVE YOUR INFORMATION TO RECEIVE A SERVICE QUOTE IMMEDIATELY

VPL will send an official quotation within an hour after receiving the request. If you do not receive a response or have any other requests, please contact VPL via:

E-mail

info@vanphuclawfirm.com

TELEPHONE

0274 650 7999


    WHY CHOOSE VPL?

    SERVICE PROVIDING PROCESS

    WHAT ARE CUSTOMERS’ IMPRESSIONS OF VPL? 

    For many years, VPL has provided legal services to us. VPL is a provider of consulting services and carries out procedures for adjustment of our investment registration certificate related to adding investors, increasing investment capital, adjusting investment project objectives.

    Ms. Thu / Kumho Tires Vietnam

    We always trust VPL to provide investment certificate adjustment services for our 6 factories in Tan Binh Industrial Park, Binh Duong province. VPL always completes the service in a well-thought-out manner, the resolution time is fast.

    Mr. Thong / Vietnam Yong Yu Flooring

    I praise VPL’s staff, you advise enthusiastically, solve the work for us quickly, hand over the results on time.

    Ms. Thy / Koyo Sangyo Viet Nam

    I praise VPL’s staff, you advise enthusiastically, solve the work for us quickly, hand over the results on time.

    Mr. Dung / Uniben Joint Stock Company

    Thank you VPL for providing investment certificate adjustment services for our project in Binh Duong province.

    Ms. Linh / Toyota Viet Nam

    Our company always trusts VPL to advise and represent authorized to change the investment registration certificate for the factory in My Phuoc 3 industrial park, Binh Duong province.

    Mr. Duc / Hang Lam Wood Vietnam

    FREQUENTLY ASKED QUESTIONS

    What is the procedure for changing the investment certificate?

    Pursuant to Clause 2, Article 41 of the Law on Investment 2020, investors shall carry out procedures for adjustment of the Investment Registration Certificate in case the adjustment of an investment project changes the contents of the Investment Registration Certificate, including:

    • Investors;
    • Update investor information;
    • Name of investment project;
    • Location of the investment project;
    • Objectives of the investment project;
    • Investment lines and trades;
    • Investment capital of the project;
    • Project operation duration;
    • Implementation progress of investment projects,
    • Forms of investment incentives and support and grounds and conditions for application (if any).
    • Conditions for investors to implement investment projects;
    • Thus, investors need to carry out procedures for adjustment of the Investment Registration Certificate in case the adjustment of the investment project changes any of the above-mentioned contents.
    • Here are some examples of cases in which the Investment Registration Certificate needs to be adjusted:
    • Change the name of the investment project: For example, the project was originally named “Wood Factory”, then the investor decided to change the name to “Furniture Factory”.
    • Change of investment project location: For example, the project was initially implemented in Dong Nai province, then the investor decided to transfer the project to Binh Duong province.
    • Change the goal of the investment project: For example, the project initially has the goal of producing cars, then the investor decides to change the target to produce trucks.
    • Additional changes to investment project targets: For example, the project initially produced wooden cabinet beds, then the investor decided to add the production target of wooden furniture and chairs.

    Step 1: The investor composes a dossier of adjustment of the Investment Registration Certificate and prepares the necessary documents.

    Step 2: The investor submits a dossier of application for adjustment of the Investment Registration Certificate, the composition of the dossier according to the law in accordance with the contents to be adjusted to the investment registration agency.

    Step 3: In case the dossier has errors, the investor needs to amend and supplement the information at the request of the competent authority (if any)

    Step 4: Get the adjusted Investment Registration Certificate.

    In case the application is valid and satisfies the prescribed conditions, the investment registration agency shall issue an adjusted Investment Registration Certificate to the investor within 15 days from the date of receipt of a valid dossier.

    Management Boards of industrial parks, export processing zones, hi-tech parks and economic zones shall adjust investment registration certificates for investment projects in industrial parks, export processing zones, hi-tech parks and economic zones. The Department of Planning and Investment shall adjust the Investment Registration Certificate for investment projects outside industrial parks, export processing zones, hi-tech parks and economic zones.

    Adjustment of the Investment Registration Certificate is free of charge for submission to the competent authority.

    Dossiers of adjustment of the Investment Registration Certificate can be submitted in person, submitted through the postal service or online for the procedures allowed by competent agencies to submit online.

    Investors may authorize individuals to submit dossiers for adjustment of the Investment Registration Certificate.

    When adjusting the Investment Registration Certificate, investors need to pay attention to issues of competent authorities, adjustment time, adjustment contents, documents and administrative violations in accordance with the provisions of law.

    Penalties for violations

    Pursuant to Point b, Clause 2, Article 17 of Decree 122/2021/ND-CP, investors shall be fined from VND 70,000,000 to VND 100,000,000 for failure to carry out procedures for adjustment of the Investment Registration Certificate in case the adjustment of the investment project changes the contents of the Investment Registration Certificate.

    Pursuant to Point c, Clause 2, Article 19, investors shall be fined from VND 70,000,000 to VND 100,000,000 for the act of stopping operation of an investment project for a total period exceeding 12 months.

    Pursuant to Point a, Clause 2, Article 19, investors shall be fined from VND 70,000,000 to VND 100,000,000 for failing to comply with the contents of the Investment Registration Certificate;

    IRC adjustment experience

    Adjustment of the investment registration certificate is a complicated procedure and can cause many difficulties for investors. Here are some of the most common difficulties that investors encounter when adjusting investment registration certificates:

    The contents of the Investment Registration Certificate are often adjusted such as: Investor information, information on economic organizations implementing the project, project execution location, objectives, scale, capital, project implementation progress…

    Accurately determine the adjustments on the Investment Registration Certificate, thereby drafting and preparing dossiers appropriately in accordance with the provisions of law. For example, adjusting investor information as an individual, preparing a dossier prepared according to regulations with an ID card or a notarized copy passport of the investor.

    When drafting documents adjusting the Investment Registration Certificate, it is necessary to use the correct form according to Circular No. 03/2021/TT-BKHDT. In addition, when drafting, it should be noted to check the information, strictly follow the instructions according to the prescribed form. In particular, must have experience in making explanations related to the content to be adjusted.

    Before submitting the application for adjustment of the Investment Registration Certificate, it is necessary to contact the competent authority to understand the process and method of submitting the application. In addition, after submitting the application, it is necessary to monitor the application progress to see if the application has been received and processed.

    When working with a competent agency issuing an adjusted Investment Registration Certificate, it is necessary to be flexible, flexible, and well apply negotiation and negotiation skills. Search relevant legal provisions such as investment, enterprises, environment, fire protection, construction, land for an explanation.

    Depending on the dossier adjusting any information on the Investment Registration Certificate, the competent authority will go down to check the reality or not. For example, when the addition of a new target leads to a major change in the current status and capacity of the plant, the licensing authority often comes down to check the reality.

    Explore VPL’s IRC adjustment service

    VPL has a team of experienced lawyers and experts who can communicate and consult directly in languages such as English, Chinese, Korean,….

    Within 12 working hours after receiving the service quotation request, VPL will send the service quotation proposal to the information you register (except for public holidays, Tet holidays and Saturday, Sunday).

    VPL is committed to providing reputable and quality investment registration certificate adjustment services with reasonable prices and fast time. With its experience, VPL confidently affirms the brand, as well as the value that VPL brings, will make customers satisfied.

    VPL provides a package of adjustment of investment registration certificates. Customers only need to provide necessary documents and information, VPL will prepare documents, perform services, receive documents and hand over the results to customers.

    When using VPL’s services, customers must advance 50% of the service value immediately after the two parties sign the Legal Services Contract.

    After receiving full information from customers, within 03 working days, VPL’s experienced experts will send complete documents to customers. VPL is committed to drafting complete and complete documents and customers only need to sign once, saving time.

    When customers use VPL’s services, VPL will issue invoices and full documents in accordance with the Law on Tax Administration.

    In case VPL fails to complete the work as agreed upon in the Contract, VPL will refund the full amount received from the customer, unless the customer unilaterally terminates the Contract illegally.

    When customers use VPL’s services, the two parties will sign a Legal Service Contract which clearly states the scope of work, service fees, rights and obligations of the parties, work results and other terms as prescribed by law.

    When using VPL’s services, there will be a team of experienced lawyers and experts working on behalf of customers, explaining and supplementing documents and documents at the request of competent authorities. Customers only need to prepare documents as required and receive handover results from VPL.

    VPL’s lawyers and experts will support consulting, negotiating and negotiating at the client’s company for cases that need advice and direct work.