PROCEDURE OF CHANGE ON INVESTMENT PROJECT LOCATION

During the implementation of project, the investor has right to adjust the contents of the investment project, including change on investment project location  or the land use area. Procedures for adjusting investment projects must comply with the provisions of laws.

It should be noted that violations on ammendment of the Investment Registration Certificate can be fined up to VND 100 million.

Procedures for ammendment of the Investment Registration Certificate due to change on investment project location are carried out as follows:

1.      Procedures of adjustment on the Investment Registration Certificate due to change on investment project location

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.      Submission dossier for change on investment project location or land use area

–       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 location of the investment project or land use area:

+       Contract of land lease or lease of an office to register the location of the project;

+       Certificate of land use right of the lessor or investor or other alternative legal documents;

+       In case of leasing land or office from another enterprise, it is necessary to provide an enterprise registration certificate of the lessor with real estate business function.

–       Explanations and other documents related to the adjusted content.

4.       Time for procedure completion

10 working days from the date of submission of complete and valid dossiers.

5.       Results of procedure

Investment registration certificate