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Services for amending and adjusting Investment Certificates (IRCs)

Professional services for amending and adjusting Investment Certificates (IRCs). We handle all changes to information, business lines, and investment capital within 7-15 days.

Introducing the IRC changes.

When is it necessary to amend the investment license?

Businesses need to amend their investment license (Investment Registration Certificate – IRC) when the content on the license is no longer consistent with the actual implementation of the project, specifically in the following cases:

• Changes to investor information such as name, nationality, address, capital contribution ratio, or capital transfer.
• Change the name of the investment project
• Adjust the project's objectives and business lines.
• Changes in the scale or total investment capital, or the structure of capital sources.
• Change of project location
• Adjust the project's implementation period.
• Changes to the capital contribution schedule, project implementation schedule, or project operation schedule.
• Adjusting the form of investment or the content of investment incentives

Adjustments to investment licenses should be made promptly, before or immediately upon the occurrence of changes, to ensure the legality of the project and avoid the risk of administrative penalties.

The importance of timely IRC adjustments.

01
Ensuring legal compliance
Ensure that the IRC content accurately reflects the project's reality to avoid administrative penalties for inaccurate information.
02
Operational optimization
Timely updates on capital, industry, and location help ensure the project operates smoothly without legal interruptions.
03
Favorable conditions for development
Adjusting the IRC at the right time creates a foundation for scaling up, increasing capital, adding business lines, and attracting more investment.

Common IRC modification scenarios

1. Change investor information
  • Changes to the investor's name, nationality, and address.
  • Transferring capital or projects to other investors.
  • Changes in the capital contribution ratio among investors.
  • Add or remove the number of investors.
2. Changes to the project content
  • Adjusting project objectives and scope.
  • Adding or changing business lines
  • Change of project location
  • Adjust the project's schedule and timeline.
3. Change the form of investment
  • Conversion of investment form (establishment of economic organization, capital contribution/share purchase, BCC contract)
  • Changes in ownership structure and operating model.
  • Dividing, splitting, merging, or consolidating projects
4. Other changes
  • Adjusting the content of investment incentives
  • Change of representative, contact information
  • Extend or adjust the project's operating period.
  • Other adjustments as required by the regulatory authority.

IRC Change Conditions

Adjustment typeSpecific conditions/requirements
General conditionsThe project is operating legally, the IRC is still valid; the changes are in accordance with the planning and regulations of the 2020 Investment Law.
Increase investment capitalDemonstrate financial capacity corresponding to the increased capital; large-scale projects may require adjustments to the investment plan.
Reduce investment capitalStill meeting the minimum capital requirements for the industry; fulfilling all obligations to relevant parties before reducing capital.
Add new professionsThe additional sector is not on the prohibited list; it meets the market access requirements for conditional business sectors.
Change locationThe new location is legal and appropriate for its intended function; it has a valid lease agreement or land use rights certificate.
Change of investorThe new investor must meet the eligibility requirements; complete the capital transfer procedures and fulfill any tax obligations (if applicable).

IRC Change Profile

A. General documentation for all cases:

No.Document typeDetails & Notes
1Request for amendment of Investment Registration CertificateAccording to Form AI11 issued with Circular 03/2021/TT-BKHĐT
2Report on the progress of the investment project.Updated as of the date of the proposed adjustment.
3Decision on adjusting the investment projectOf the investor or economic organization implementing the project.
4Copy of the Investment Registration Certificate (IRC)The previously issued version
5Documents proving the content of the adjustments.Depending on the type of change (see section B); foreign documents must be legalized by the consulate and translated by a certified translator.

B. Supplementary documents according to the type of adjustment:

  • Increase investment capital: Additional documentation demonstrating financial capacity (financial statements, bank statements, or a commitment to provide financial support).
  • Capital transfer / change of investor: Transfer contract, legal documents of the new investor, tax compliance certificate (if any).
  • Change of location: A new lease agreement for the new location, along with valid land use rights documents.
  • Add new professions: The explanatory document demonstrates that the conditions for market access are met for conditional business sectors.

Procedure for amending investment licenses

StepStep nameDetailed contentEstimated time
1Prepare the documentsPrepare adjustment requests, project reports, change decisions, and supporting documents (passports, financial statements, land lease agreements, etc.).1-3 days
2Online declarationAccess the fdi.gov.vn system to register an account (if you don't already have one), declare your data, and upload soft copies of your documents to the system.1 day
3Submit your application in person.After completing the online application, submit the paper copy to the Department of Planning and Investment or the Industrial Park/Economic Zone Management Board.1 day
4Reviewing applicationsThe authorities will review the validity of the application; if there are errors, the investor will amend it as requested in writing.10-15 business days
5Get results and updatesObtain the new IRC, then amend the Enterprise Registration Certificate (ERC) and any related licenses (if applicable).3-5 business days

Service fees:

  • Comprehensive service for amending and adjusting investment licenses.
    Package deal – reference price for all types of IRC tuning
    5.000.000VND
    each month/only from
    • Consultation to determine the correct type of adjustments needed.
    • Prepare documents and submit them online through the system.
    • Representative to submit applications and work with licensing authorities.
    • Follow up and provide explanations until you receive a new IRC.
    • Support for updating ERC and related licenses after adjustments.

Government fees

Combinationgovernment fees when Changes to investment licenses depend on The types of content to be adjusted, specifically:

  • Changes to the Investment Registration Certificate (IRC): Free – 0 VND (according to the Law on Investment) (since 2020)
  • Changes to the Enterprise Registration Certificate (ERC): Free if submitted via online, or 50,000 VND if submitting a copy. paper (Circular 47/2019/TT-BTC)
  • Announcement of business registration details: 100,000 VND/time
  • Change/Reissue of legal entity seal: 200,000 – 500,000 VND (business pays its own expenses) Pay, it's up to you. service unit)
  • Changes to sub-licenses (if any): 500.000 - 2,000,000 VND depending on the specific profession. (retail, transportation, etc.)
  • Issue a copy of the record extract: 20,000 VND/copy

Therefore, the procedure for adjusting the IRC itself hardly incurs any government fees; the main costs come from related procedures (updating the ERC, seals, sub-licenses) if any.

 

Specific types of changes

1. Increase investment capital
  • Additional capital Contribute or raise capital for the project.
  • Proof demonstrate corresponding financial capacity capital increase
  • Large-scale projects are possible. Investment policies need to be adjusted.
  • Update Update on progress Contributing funds on the IRC
2. Reduce investment capital
  • Reduce the amount investment capital has register
  • Ensure that capital requirements are still met. industry shortage profession
  • Fulfilling obligations to partners, creditors (if any)
  • Explain the reasons and Operating plan after capital reduction
3. Adding new professions/occupations
  • Add new goals and business lines to the project.
  • Check that the industry is not on the list of prohibited investments.
  • Meeting market access requirements for conditional industries.
  • Update occupations on ERC simultaneously.
4. Relocation
  • Change of project location
  • Do you have a lease agreement or land use rights certificate for the new location?
  • The new location is functional and conforms to the planning regulations.
  • Update the address on IRC and ERC (if it's a headquarters).

Frequently Asked Questions about Changes to Investment Licenses

Important notes when amending investment licenses.

Thorough preparation is necessary:
  • Identify the correct type of adjustments that need to be made.
  • Original IRC and project progress report up to the time of adjustment.
  • Documents proving the changes (financial statements, lease agreements, transfer agreements, etc.)
  • Documents issued by foreign countries have been legalized by consular authorities and translated by certified translators.
  • Investor's decision regarding project adjustments
Avoid common mistakes:
  • Failure to make adjustments after changes occur → administrative penalties will be imposed.
  • Adjusting the IRC but forgetting to update the ERC → the two licenses don't match.
  • Incorrectly identifying the type of adjustment (regular adjustment vs. requiring investment approval)
  • Lack of documentation to support the changes.
  • Raising capital without demonstrating corresponding financial capacity.
Advice:
  • Make adjustments promptly, before or immediately when changes occur.
  • Prepare all necessary supporting documents for each type of change.
  • Update your ERC and related licenses as soon as a new IRC is available.
  • For large projects, check if they require adjustments to the investment policy.
  • Use a consulting firm to avoid errors and shorten processing time.

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