Things to know when adjusting investment certificates

Adjustment of investment certificates is a fairly common procedure because during the project implementation there are many problems that cause you to change information to suit the project. However, not everyone understands and knows which cases need to be adjusted. What is the adjustment process like? The article will provide you with the necessary information when adjusting the investment certificate.

What is the adjustment of the investment certificate?

Adjustment of an investment certificate means that an organization or individual must carry out procedures at the investment registration office to change the information in accordance with the current status of the company in the investment registration certificate.

In what cases should the investment certificate be adjusted?

The project investor has the right to adjust the investment project in the following cases:

• Change the code of the investment project.
• Change the name, address, or information of the investor.
• Change the name of the investment project or investor.
•  Change the location of the investment project, the land area used in the investment project.
• Change or transfer investment projects.
• Change in objectives, scale of investment projects or change of contributed capital.
• Change the capital contribution or capital mobilization schedule of an investment project.
• Change the progress of investment projects, such as the progress of infrastructure construction, the operation schedule, and the target implementation; if the project is implemented in phases, the sub-items, deadlines, and contents of activities in the future period must be clearly specified.
• Technological change has been appraised and approved for investment policy.
• There are incentives and investment support.
• Change of investment policy in cases.

Procedures and documents for the adjustment of investment certificates

Step 1: Gather all necessary documentation.

In order to adjust the Investment Certificate, the investor needs to prepare the papers and documents related to the adjustment content in accordance with the provisions of the Investment Law 2020 and the guiding documents as the guidelines. Details in Section 4.

Step 2: Submit the application to the state agency.

• After preparing all the documents, The investor will proceed to submit the application to the agency that has issued the investment certificate.
• To know which agency has issued the investment certificate, you can look at the investment certificate in the top left part of the old investment certificate.
• At the same time, on the last page of the investment certificate, the seal of the state agency will also have the name of the agency that issued the certificate.

Step 3: The state agency will verify the dossier.

Upon receipt of the complete dossier of the investor, the competent state agency will have to conduct an appraisal of the validity of the dossier to adjust the investment certificate. If the dossier is incomplete or inaccurate, the competent state agency will request the investor to supplement or amend it.

Step 4: Obtain the outcomes

If the application is valid, the competent authority will issue a new investment certificate to the investor.

In the event of a refusal to amend the investment certificate The agency must notify the investor in writing and must clearly state the reason.

Notes when adjusting investment certificates

• In the event that the enterprise has not been able to carry out the procedures for separating the Investment Certificate into the Certificate of Business Registration, it must perform the separation of the Investment Certificate.
• After adjusting the investment certificate, the enterprise needs to carry out a number of procedures to avoid unintended procedures.
• If the enterprise has new capital contributors, it should be noted that the new investor must contribute investment capital to the capital transfer account of the enterprise. must contribute on time as promised.
• If the investor fails to contribute capital on the agreed-upon schedule, the enterprise must follow procedures for extending capital contribution and may be fined in accordance with the law.
• Enterprises must pay attention to the reporting procedures and reporting forms of enterprises as prescribed in Article 3 of the Investment Registration Certificate.
• For newly adjusted business lines, businesses are required to ensure conditions during operation

Assistance in adjusting investment certificates where quality is an issue

If you are having a headache about adjusting your investment certificate, then immediately choose YNN Global's investment certificate adjustment service. We are confident of being the fastest professional investment certificate adjustment unit today.

In addition, YNN Global is one of the business consulting companies with highly qualified staff and thousands of trusted and supportive customers, so you can rest assured that you can trust our services. YNN Global is ready to assist you in solving your problems.

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