Amendment of Certificate of Investment Registration

Amendment of Certificate of Investment Registration
07 Feb 2018

Cases that investors need to amend the Certification of Investment Registration

1. Project number

2. Name and address of the inventor (Phone number, fax, email, website)

3. Name of the project

4. Location of investment project, area of land use

5. The objectives and scale of the investment project

6. The investment capital of the project (including capital contributed by investors and mobilized capital), schedule of capital contribution and capital mobilization

7. Duration of the project

8. The progress of the investment project: The progress of capital construction and putting the works into operation (if any), the progress of realizing the main objectives of the project, in cases where the projects are implemented in each period, the objectives, duration and contents of operation of each stage must be specified.

9. Favors, investment supports and bases, conditions (if any)

10. The conditions for the investor and the bases and conditions (if any)

 

Dossiers for adjustment of contents of Certificate of Investment Registration

Article 40 of the Law on Investment stipulated:

1. When the Certificate of investment registration has to be adjusted, the investor shall follow the procedures for adjusting the Certificate of investment registration.

2. An application for adjustment to the Certificate of investment registration consists of:

a) A written request for adjustment to the Certificate of investment registration;

b) A report on project execution up to the date of project adjustment;

c) A decision on adjustments to the investment project;

d) Documents mentioned in Points b, c, d, dd and e Clause 1 Article 33 of this Article relevant to the adjustments.

3. Within 10 working days from the day on which the satisfactory application is received as prescribed in Clause 1 of this Article, the registry office shall adjust the Certificate of investment registration. In case of rejection, the investor must be notified in writing and provided with explanation.

4. If the project is subject to issuance of a decision on investment policies, the registry office shall follow the procedures for issuance of a decision on investment policies before adjusting the Certificate of investment registration if the adjustments are pertaining to the objectives, targets, primary technologies of the project, increase or decrease of capital investment by more than 10%, project duration, changes of investors or conditions applied to investors (if any).

5. If the adjustment to the Certificate of investment registration makes the project subject to issuance of a decision on investment policies, the registry office shall follow the procedures for issuance of a decision on investment policies before adjusting the Certificate of investment registration.

Share

Vietnam Legal

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>