Adjustment investment certificate (IRC) in Quang Ninh

Quang Ninh is one of the provinces belonging to the Northern economic region in the North of Vietnam. The province has many incentive policies and incentives for domestic and foreign investors. In addition to increasing the number of newly established companies, the Business Registration Office and Department of Planning and Investment of Quang Ninh province also receive many requests from businesses related to adjusting Investment Certificates. To adjust investment certificate in Quang Ninh quickly and effectively, please contact Viet An Law Firm for the best support.

Introduction to Quang Ninh province

Quang Ninh is a coastal province in the Northeast region of Vietnam. According to the economic development plan, Quang Ninh belongs to both the northern key economic region and the Northern Coastal Region. This is Vietnam’s main coal mining province, and Ha Long Bay is a world heritage and natural wonder.

Districts, towns, and cities under Quang Ninh province

Quang Ninh province has an area of. 6102.4 km2, population 1320324 people (in 2019), vehicle code 14. Quang Ninh province has 2 Towns, 4 Cities, 8 Districts. Quang Ninh Province has 186 administrative units, including 111 Communes, 8 Towns, and 67 Wards.

What are the cases that need to adjust the Investment Certificate in Quang Ninh?

• Change the name of the investment project.
• Change investor information, change investors.
• Changing the location of investment projects and land area used.
• Change the goals and scale of investment projects.
• Change in capital of investment projects (including investors’ contributed capital, i.e. increase or decrease in charter capital, and mobilized capital, i.e. increase or decrease in investment capital).
• Change the operating term of the investment project.
• Changes in investment project implementation progress, including:
  • Progress of capital contribution and mobilization of capital sources;
  • Progress in implementing the main operational objectives of the investment project. In case the investment project is divided into stages, the progress of each stage must be specified.
• Change the form of incentives, investment support, and application bases and conditions (if any).
• Change conditions for investors implementing investment projects (if any).

When an enterprise carries out procedures to adjust the Investment Certificate, it must also change the relevant content in the Enterprise Registration Certificate and carry out procedures to change the Business License (if any).

Steps to change and adjust Investment Certificate

Procedures for adjusting the Investment Registration Certificate without new members or shareholders

Procedures for adjusting the Investment Registration Certificate are carried out according to the following steps:

• Step 1: Carry out adjustment procedures and issue the Investment Registration Certificate (old investment project part) according to investment procedures;
• Step 2: Change relevant content on the Enterprise Registration Certificate.
• Step 3: Adjust or issue a new business license such as an international travel business license/ Food safety establishment license/ License to operate a foreign language center, study abroad/ Business license (only applicable to businesses that add additional lines of business to exercise the right to the retail distribution of goods, rent goods, and other lines of business as prescribed in Decree 09/2018/ND-CP).

Procedures for adjusting the Investment Certificate when a new foreign investor contributes capital, purchases shares, or contributes capital to the company

• Step 1: The investor submits documents to the investment registration agency where the economic organization is headquartered to carry out procedures to register capital contributions, purchase shares, and capital contributions to foreign-invested companies;
• Step 2: The investor submits documents to the business registration agency to carry out procedures for recording investor information on the Enterprise Registration Certificate (In case the enterprise has not separated the Investment Certificate and Enterprise Registration  Certificate will simultaneously carry out separation procedures in step 2. The Enterprise Registration  Certificate number is also the tax code of the issued business);
• Step 3: In case the enterprise’s legal seal must be re-issued according to the information in the Enterprise Registration Certificate (i.e. the enterprise’s tax code) under the current records of the domestic enterprise.
• Step 4: Carry out procedures to adjust the Investment Certificate to update new investor information and adjust contents related to the investment project.
• Step 5: In case the investor adds conditional business lines and information on the Enterprise Registration Certificate, continue to carry out the procedure to change the Enterprise Registration Certificate at the Business Registration Agency;
• Step 6: Apply for a business eligibility license for conditional business lines according to specialized legal regulations.

Keywords related to change/adjustment of Investment Certificate

• Adjust investment certificate in Quang Ninh
• Adjustment of Investment Certificate
• Adjustment procedure for Investment Registration Certificate in Vietnam
• Consulting on adjusting Investment Registration Certificates
• Department of Planning and Investment of the province where the company’s headquarters is located
• Management board of industrial parks, export processing zones, high-tech zones, and economic zones of the province where the company is headquartered
• Dossier for adjustment of Investment Registration Certificate
• In case of changing investor information:
• In case of change in charter capital or investment capital of the project
• In case of changing the location of the investment project or the area of ​​land used
• Procedures for adjusting Investment Certificate
• Procedures for adjusting the Investment Registration Certificate without new members or shareholders
• Procedures for adjusting the Investment Certificate when a new foreign investor contributes capital, purchases shares, or contributes capital to the company
• Time limit for implementing investment certificate adjustment procedures
• Note when adjusting the Investment Registration Certificate
• Some questions related to procedures for adjusting Investment Certificates
• Is adjustment of the Investment Certificate required?
• Does changing the investor’s name require an adjustment to the Investment Certificate?
• Can investment capital be higher than charter capital?
• When must I change the Investment Registration Certificate?
• How long does it take to adjust the Investment Certificate?
• What agency does the Investment Registration Certificate be adjusted?
• Cost of adjusting the Investment Certificate/

For all inquiries, please contact to Investment Certificate adjustment service of Viet An Law Firm – Tel: 0961675566.