Procedures for changing the business registration of foreign-invested companies in 2021 are applied in accordance with the provisions of the Investment Law 2020, the Enterprise Law 2020. Accordingly, the foreign-invested companies previously are entitled to issue an Investment Certificate showing the contents of enterprise registration and investment registration when changing the contents on the investment certificate, which must be changed and changed to the Certificate of Business Registration and the Certificate of Business Registration. investment signing. So how to change of business registration of foreign-invested companies, let’s find out with LSX Lawfirm.
Legal grounds
Investment law 2020
Procedures for changing the enterprise registration certificate of foreign-invested companies
The contents shown in the Certificate of Business Registration include:
- Business number (which is the tax code)
- Company’s name
- Head office address
- Authorized capital
- List of members/owners
- Legal representative.
When changing any content related to the above information, the company must carry out procedures to change the certificate of business registration.
- For business lines not shown on the Certificate of Business Registration, a notice of change must be made in order to issue a Certificate of change in business registration contents.
- In case the foreign-invested company changes the contents of the enterprise registration certificate without changing the investment registration information, it only needs to carry out the procedures for changing the enterprise registration certificate at the Business Registration Office, Business registration – Provincial/City Department of Planning and Investment.
Time limit for making changes to enterprise registration of foreign-invested companies
From 03 – 05 working days.
Contents to carry out procedures for change of investment registration certificate
The contents shown on the investment registration certificate include
- Investment project code.
- Investor’s name and address.
- Investment project name.
- Location of the investment project; land use area.
- Objectives and scale of investment projects.
- Investment capital of the project (including capital contributed by investors and mobilized capital), progress of capital contribution and mobilization of capital sources.
- Project duration.
- Investment project implementation schedule: schedule for basic construction and putting the work into operation (if any); progress of implementation of operational objectives and major items of the project, in case the project is implemented in phases, the objectives, duration and operation contents of each phase must be specified.
- Incentives, investment support and application grounds and conditions (if any).
- Conditions for investors implementing the project (if any).
When there is a change in one of the above contents, the company needs to carry out procedures for adjusting the investment registration certificate.
In case, the foreign-invested company only changes the information in the investment registration certificate and does not change the business registration contents, it only carries out the procedures for adjusting the investment registration certificate. Investment at the Investment Department – Department of Planning and Investment of the province/City.
Contact LSX Law firm
Finally, hope this article Change of business registration of foreign-invested companies is useful for you.
If you have any questions please contact Lawyer X for quick and best legal services: +84846175333 or email: [email protected].
Related questions
15-20 working days.
Conclusion: So the above is Change of business registration of foreign-invested companies. Hopefully with this article can help you in life, please always follow and read our good articles on the website: lsxlawfirm.com
