
Sign up for consultation
Adjusting investment projects helps investors promptly optimize resources and manage risks, to meet new market and legal requirements. This process not only increases project flexibility but also ensures progress and investment capital efficiency. For investors, project adjustment is an important step to increase profits, maintain competitive advantage and achieve sustainable business goals.
According to regulations from Clauses 1 to 4, Article 41 of the Law on Investment 2020, investors need to carry out procedures for adjusting investment projects in the following cases:
In addition, investors are not allowed to adjust the project implementation schedule by more than 24 months compared to the prescribed schedule, except in special cases such as overcoming force majeure consequences, delayed land delivery, requests from state management agencies, or changes in planning.
Depending on the scale, type and nature of the project, the authority to decide to adjust the investment project will be one of the following agencies:
Case 1: For investment projects under the authority to approve investment policies.
Pursuant to Clause 1, Article 44 of Decree 31/2021/ND-CP, documents that need to be prepared to adjust investment projects include:
Case 2: Adjusting an investment project that has been granted an Investment Registration Certificate and is not subject to approval to adjust investment policies.
Pursuant to Article 47 of Decree 31/2021/ND-CP, the dossier components include:
For investment project adjustments related to changing the investment project name and investor name in the Investment Registration Certificate:
Regarding investment adjustments, it does not fall into the above cases.
Case 1: For investment projects under the authority to approve investment policies
Step 1: Submit application
For projects approved for investment by the Prime Minister: submit 08 sets of documents to the Ministry of Planning and Investment.
For projects approved for investment by the Provincial People’s Committee: submit 04 sets of documents to the Ministry of Planning and Investment.
For investment projects subject to investment approval of the Management Board of industrial parks and export processing zones: submit 04 sets of documents to the Management Board of industrial parks, export processing zones, high-tech zones, and economic zones.
Step 2: Get opinions from relevant authorities
Within 03 days from the date of receipt of valid dossier, the receiving agency sends the dossier to the competent authority for comments on the contents of investment project adjustments.
Step 3: Opinions on project adjustment content
Within 15 days from the date of receiving the valid dossier, the consulted agencies will have opinions on the content of adjusting the project within the scope of state management of that agency.
Step 4: Prepare an appraisal report
Step 5: Decide to approve investment project adjustments
Case 2: Adjusting an investment project that has been granted an Investment Registration Certificate and is not subject to approval to adjust investment policies
For investment project adjustments related to changing the investment project name and investor name in the Investment Registration Certificate.
Within 03 working days from the date of receiving the written request to adjust the Investment Registration Certificate, the Investment Registration Authority shall adjust the Investment Registration Certificate for the investor.
Regarding investment adjustments, it does not fall into the above cases.
Within 10 days from the date of receipt of valid documents, the Investment Registration Authority will adjust the Investment Registration Certificate for the investor.
Long Phan provides consulting services and guidance on adjusting investment projects as follows:
Long Phan provides quality services, ensuring all procedures are carried out quickly and accurately. Please contact Long Phan immediately via the hotline: 0906735386 for consulting support and detailed guidance on procedures for adjusting investment projects quickly, and effectively. Long Phan always accompanies you in every step of the project!
Note: The content of the articles published on the website of Long Phan Investment Consulting Company is for reference only regarding the application of legal policies. Depending on the time, subject, and amendments, supplements, and replacements of legal policies and legal documents, the consulting content may no longer be appropriate for the situation you are facing or need legal advice on. In case you need specific and in-depth advice according to each case or incident, please contact us through the methods below. With our enthusiasm and dedication, we believe that Long Phan will be a reliable solution provider for our clients.
Leave your email to receive the latest information from us
CONTACT: 0906 735 386
Copyright 2024 © Tư vấn Đầu tư Long Phan. All rights reserved.