Adjustment of an Investment registration certificate (IRC) for project that is subject to the approval for investment guidelines of the Management boards of the industrial parks, e

AUTHORITY

The Management boards of the industrial parks, export-processing zones, hi-tech zones and economic zones (“Management boards”).

PROCEDURE

Step 1:

Investors submit dossier to the Management boards;

Step 2:

The Management boards shall send the dossier for adjustment to relevant competent authority for opinion;

Step 3:

The relevant authority shall send its opinions to the Management boards;

Step 4:

Management boards shall approve the adjustment of investment guidelines;

Step 5:

Management boards shall amend the IRC.

SUBMISSION OF DOSSIER

Directly at the Competent Authority. 

DOSSIER

Number:

01 (one) dossier.

Elements:

1. A written request for adjustment the investment project;

2. Report on the implementation of investment project up to the time of adjustment;

3. Investor's decision on adjustment of investment project;

4. Explain or provide documents related to investor adjustment, investor's financial capacity, project proposal, documents on land use rights, explanation of technology, BCC contract, other data (if any).

DURATION

Management boards shall send the dossier to the relevant competent authority for opinions on the adjusted content;

03 working days from the date of receiving the valid dossier;

The relevant competent authority have opinions on the adjusted contents under its management;

15 working days from the date of receipt of the investment registration authority's request;

Management boards approves the adjustment of investment guidelines;

25 working days from the date of receipt of opinions;

Management boards amends the IRC.

SUBJECT

Project which is granted an Investment Registration Certificate and subject to Management boards’s approval for investment guidelines implements adjustment on the project result in amendment the contents on the IRC.

RESULT

Valid dossier: Written document for approval for investment guidelines and Adjusted Investment Registration Certificate;

Invalid dossier: Notice of dossier completion.

LEGAL BASIS

Law on Investment 2020;

Decree no 31/2021/ND-CP guiding the Law on Investment;

Circular no 03/2021/TT-BKHDT stipulating the form of documents and reports related to investment activities in Vietnam, investment from Vietnam to abroad and investment promotion issued by the Ministry of Planning and Investment promulgates.