Business registration changes in Nam Thang Long Industrial Park, Vietnam, require careful navigation of the local regulatory environment. Nam Thang Long Industrial Park is located in the planning of a new industrial park northwest of Hanoi, in Thuy Phuong Ward, Bac Tu Liem, Ha Noi, about 15km from the city center. The project has a total planned area of 260.87 hectares, implemented with a total investment capital of about 400 billion VND, divided into 2 separate zones: Zone A and Zone B. In the article below, Viet An Law Firm will provide the clients with some information for a change of business registration in Nam Thang Long Industrial Park, Vietnam.
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Thang Long Industrial Park has been filled with 67 manufacturing enterprises and 20 representative offices, with a total investment capital of about 660 million USD. Thang Long Industrial Park is a gathering place for FDI (Foreign Direct Investment) enterprises from Japan, making long-term investments in Vietnam by establishing and managing production and business facilities.
Enterprises in Thang Long Industrial Park mainly belong to the following business lines:
“Changing the business registration” means the enterprise carries out the procedure to change the information in the Enterprise Registration Certificate which is issued by the business registration authority in case of any change.
According to Article 28 and Clause 1 Article 30 of Law on Enterprise 2020, changing the business registration is when changing one of the following information:
Information | Content |
Legal basis | – Law on Enterprise 2020.
– Decree 01/2021/ND-CP. |
Dossier components | Depending on the enterprise changing their business registration, the law stipulates specific dossiers according to regulations from Article 47 to Article 54 of Decree 01/2021/ND-CP. |
Competent authority | The Business Registration Department of the Department of Planning and Investment in Ha Noi shall issue the Enterprise Registration Certificate in Nam Thang Long Industrial Park.
Address: Vo Chi Cong Complex, Tay Ho, Ha Noi – 258 Vo Chi Cong, Xuan La, Tay Ho, Ha Noi. |
Procedure | – The enterprise applies the dossier to the Business Registration Department of the Department of Planning and Investment in Ha Noi.
– After receiving an application for enterprise registration, the Business Registration Department shall give a confirmation slip and check the legitimacy of the dossier; sufficiently, and accurately enter information in the application dossier. |
Processing time | Within 03 working days from the receipt of the valid dossier. |
Results of implementing administrative procedures | New Enterprise Registration Certificate |
Information | Content |
Legal basis | – Law on Investment 2020.
– Decree 31/2021/ND-CP. |
Case has to carry out the procedure | If the change in business registration leads to the adjustment of the investment project of the foreign investor and the adjustment of the investment project changes the information in the Investment Registration Certificate, the enterprise needs to carry out the procedure to adjust the Investment Registration Certificate. |
Competent authority | Because this is an investment project in an industrial park, the authority to adjust the Investment Registration Certificate belongs to Hanoi Industrial and Export Processing Zones Authority (HIZA)
Address: CCO2 Building, Mo Lao Urban Area, Ha Dong, Ha Noi. |
Procedure | In case the investment project adjustment is related to the change of the investment project’s name, the investor’s name in the Investment Registration Certificate:
– The investor shall apply for adjustment of the Investment Registration Certificate to HIZA. – Within 03 days from receipt of the application for adjustment of the Investment Registration Certificate, HIZA shall adjust the Investment Registration Certificate for the investor. In case the investment project adjustment is not related to the change of the investment project’s name, the investor’s name: – The investor shall apply a dossier according to Clause 1 Article 44 of Decree 31/2021/ND-CP for HIZA – Within 03 days from receipt of the valid dossier, HIZA shall adjust the Investment Registration Certificate for the investor. |
Processing time | Within 03 or 10 working days from the receipt of the valid dossier. |
Results of implementing administrative procedures | Investment Registration Certificate |
Almost all the investment capital in Nam Thang Long Industrial Park, Dong Anh Ha Noi comes from Japan. So there are many Japanese technology and manufacturing companies, typical examples include:
TOTO Vietnam Co., Ltd, Japan
Clients who have related questions or need legal support regarding to change of business registration in Nam Thang Long Industrial Park, Vietnam, please contact Viet An Law Firm for the best support!
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