Investment Registration Certificate is a paper or electronic document recording the investor’s registration information about an investment project, including information of the investor implementing the project. When there is a change in investor information, it is necessary to adjust the Investment Registration Certificate complying with regulations if it changes the contents of the Investment Registration Certificate accordingly.
So, how to perform the procedure due to change on information of investor on the Investment Registration Certificate, if not subject to investment guidlines approval?
1. Procedures of adjustment on the Investment Registration Certificate
Procedures for issuing and adjusting the Investment Registration Certificate for investment projects, which are not subject to approval of investment guidlines are as follows:
– Step 1: The investor submits 01 application for the Investment Registration Certificate to the investment registration agency.
– Step 2: The competent authority shall adjust the Investment Registration Certificate to the investor within 10 working days from the date of receipt of the valid application.
2. Competent authority to receive dossiers and perform adjustment procedures of Investment Registration Certificates
Depending on each investment project, the authority with authority to receive dossiers and carry out procedures is as follows:
– Management boards of industrial parks, export processing zones, hi-tech zones and economic zones, for investment projects in industrial parks, export processing zones, hi-tech zones, economic zones (except for some precribles cases).
– Department of Planning and Investment, for investment projects outside industrial parks, export processing zones, high-tech zones, economic zones (except for some precribles cases).
– Investment registration agency where the investor implements the investment project, location and expected establishment of an executive office to execute the investment project, for investment projects which:
+ Are carried out in the locality of 02 or more provincial-level administrative units;
+ Are carried out inside and outside industrial parks, export processing zones, high-tech zones and economic zones;
+ In industrial parks, export processing zones, hi-tech parks, economic zones where the management board of industrial parks, export processing zones, hi-tech zones, economic zones has not been established or is not under the management of the industrial zones, export processing zones, high-tech zones, economic zones, etc management board.
3. Dossier for amendment of Investment Registration Certificate
– A written request for adjustment of the Investment Certificate;
– Report on the implementation of investment projects up to the time of adjustment;
– Investor’s decision on adjustment of investment project for institutional investors -or an equivalent document for individual investors;
– Documents related to the change of investor information on the Investment Registration Certificate:
+ Operation certificate of the parent company for institutional investors;
+ Passport of the investor if the investor is an individual;
– Explanations and other documents related to the adjusted content.
Legal basis:
- Law on Investment 2020;
- Decree 31/2021/ND-CP guiding the Investment Law issued on March 26, 2021.
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