Cases where investment project objectives of FDI enterprises must be adjusted

Article overview

Adjustment of investment project objectives is the process of amending the objectives set out in the investment registration certificate of a foreign invested company (FDI) to suit the actual implementation and needs. project expansion. This adjustment needs to comply with legal regulations to ensure the legality and effectiveness of the investment project. The article below will inform customers about related issues. Please refer!

Cases where investment project objectives must be adjusted
Cases where investment project objectives must be adjusted

What is an adjustment to investment project objectives?

Adjustment of investment project objectives is the change or addition of specific objectives that the enterprise has registered in the initial investment registration certificate. This adjustment may be related to business scope, field of operation, investment scale, and other project-related content to bring high efficiency in investment and business activities.

Cases where adjustments must be made to the investment project objectives of FDI companies

The objective of an investment project is a decisive component for the entire investment project. When implementing a project, for a number of reasons, investors have to adjust, change, and supplement goals to suit their activities and development orientation, including:

  • The company has new production and business activities related to the implementation of investment projects;
  • The company changes the production and business content of the initially registered the investment project objective;
  • The company must change the project objectives according to mandatory requirements of the law.
Adjusting investment projects of FDI companies
Adjusting investment projects of FDI companies

Procedures for adjusting investment project objectives

Profile components

Pursuant to Clause 2, Article 47 of Decree 31/2021/ND-CP regulating adjusted documents on the investment project objective in Vietnam including:

  • Document requesting adjustment of investment project;
  • Report on the implementation of investment projects up to the time of adjustment;
  • The investor’s decision on adjusting the investment project;
  • Explanation of reasons for adjusting investment project goals;
  • Other relevant documents (if any);
  • Authorization document (if any).

Agency receiving documents

After fully preparing the documents, the enterprise proceeds to submit the documents to the Department of Planning and Investment where the investment registration certificate has been issued to the enterprise.

Implementation process

The process of implementing procedures for adjusting investment project objectives includes:

Step 1: Enterprise prepares complete documents on adjustments to investment project objectives.

Step 2: Submit documents to the Investment Registration Authority where the investment registration certificate has been issued to the enterprise.

Step 3. Competent authority receives and checks the validity of the dossier. If the dossier is not valid, the business will be asked to supplement or edit it.

Step 4: The competent authority conducts appraisal of the adjusted content and makes a decision to adjust the Investment Registration Certificate.

Resolution deadline

Pursuant to Clause 2, Article 47 of Decree 31/2021/ND-CP, within 10 days of receiving valid documents, the Department of Planning and Investment adjusts the Investment Registration Certificate for the enterprise.

Adjusted profile of investment project objectives
Adjusted profile of investment project objectives

Consulting services and support for making adjustments to investment project objectives of FDI companies in Long Phan

Adjusting investment project objectives requires businesses to have a deep understanding of the law and the process of implementing adjustment procedures. Aware of those difficulties, Long Phan is always willing to support customers in the process of adjusting investment project objectives as well as necessary notes on order and procedures for effective implementation. Our services include:

  • Consulting on legal regulations related to adjusting the investment project objective;
  • Assist customers in preparing and drafting necessary documents;
  • Representing customers to carry out procedures for adjusting investment project objectives at competent state agencies;
  • Answer questions throughout the implementation process, after adjusting investment project objectives;
  • Deliver and receive results at home, free of charge within Ho Chi Minh City.

Adjusting investment project objectives is an important and necessary step in the development process of an FDI company. To ensure the adjustment process goes smoothly and in accordance with regulations, Long Phan’s team of experts will assist customers in effectively adjusting investment project goals. Please contact hotline 0906735386 immediately for more specific and detailed advice.