Tiếng Việt
Navigating the processes for changing your Investment Registration Certificate (IRC) and Enterprise Registration Certificate (ERC) in Vietnam can be complex. However, understanding the steps and requirements can make the process smoother. This guide will provide a detailed overview to help you make these changes efficiently and in compliance with Vietnamese law. What are IRC and ERC?
What are IRC and ERC?
The IRC (Investment Registration Certificate) is issued by the Department of Planning and Investment (DPI) or the Management Board of Industrial Zones. It certifies the approval of an investment project in Vietnam.
The ERC (Enterprise Registration Certificate) is a document the Business Registration Office issued under the DPI. It certifies establishing a business entity in Vietnam, such as a company or enterprise.
When Do You Need to Change Your IRC and ERC?
Changes to the IRC and ERC are required when there are significant changes to the investment project or business entity, such as:
- Change in the investment capital
- Change in the investment location
- Change in the business activities
- Change in the project implementation schedule
- Change in the legal representative or shareholders
How to Change Your IRC
Step 1: Prepare the Necessary Documents
To change your IRC, you need to prepare the following documents:
- Application for amendment of the IRC
- The decision of the investor on the change
- Report on the implementation of the investment project
- Original IRC
- Relevant documents supporting the change (e.g., lease agreement, revised feasibility study)
Step 2: Submit the Application
Submit your application and supporting documents to the DPI or the Management Board of Industrial Zones, where your project is registered.
Step 3: Review and Approval
The DPI or the Management Board will review your application. They may request additional information or documents if needed. The approval process typically takes 10-15 working days.
Step 4: Receive the Amended IRC
Once approved, you will receive the amended IRC reflecting the changes to your investment project.
How to Change Your ERC
Step 1: Prepare the Necessary Documents
To change your ERC, you need to prepare the following documents:
- Application for amendment of the ERC
- The decision of the company’s members, board of directors, or shareholders on the change
- Amended company charter (if applicable)
- Original ERC
- Relevant documents supporting the change (e.g., new lease agreement, updated business plan)
Step 2: Submit the Application
Submit your application and supporting documents to the Business Registration Office under the DPI where your company is registered.
Step 3: Review and Approval
The Business Registration Office will review your application and may request additional information or documents. The approval process typically takes 3-5 working days.
Step 4: Receive the Amended ERC
Once approved, you will receive the amended ERC reflecting the changes to your business entity.
Consult Professionals: Consider consulting with legal or business professionals specializing in Vietnamese business law to avoid pitfalls.
Stay Informed: Keep updated with any changes in regulations or procedures by regularly checking the DPI’s website or contacting the relevant authorities.
Conclusion
Changing your IRC and ERC in Vietnam involves several steps and requires careful preparation of documents. By understanding the process and ensuring all requirements are met, you can efficiently manage these changes and continue your business operations smoothly. If you need assistance, Vietnam Visa Link is here to help. Contact us for expert guidance and support throughout the process.
