When adding business lines, do businesses need to adjust investment certificates?
Mon, 22 Jun 2020 12:40:00 | Print | Email Share:
In case the enterprise supplements its business line without changing the objectives of the investment project specified in the investment registration certificate, it is not necessary to carry out the procedures for adjusting the investment registration certificate.
The Vietnam Finewood Co., Ltd. (in Phu Tho Province) is a foreign-invested enterprise (granted the first investment registration certificate on December 26, 2017, the first change on March 16, 2018). The company has implemented additional business lines at the Department of Planning and Investment of Phu Tho Province and was issued a certificate of business registration by the Department of Business Registration and Investment in October August 10, 2018.
Through the Receiving and Responding System to proposals of businesses, the Company would like to request the competent authorities to answer, does the Company have to make adjustments to the investment project and carry out the procedures to apply for an amended investment certificate when adding business lines?
The Department of Planning and Investment of Phu Tho Province has the following opinion:
The Vietnam Finewood Co., Ltd is an enterprise with 100% foreign capital. The company was granted the first investment registration certificate on December 26, 2017, the first change registration on March 16, 2018.
On August 9, 2018, the Company was granted a certificate of changing the business registration content, including supplementing the following industries: Other uncategorized specialized wholesale (detail: Wholesale trade Other substances, excluding those used in agriculture, including: Wholesale of aniline industrial chemicals, printing inks, essential oils, industrial gases, chemical glues, colorants, synthetic resins, methanol, paraffin, aromatic oils and flavorings, soda, industrial salt, acids and sulfur ...); manufacturing other uncategorized chemical products (details: Manufacture of gelatin and gelatin derivatives, glues and prepared substances, including rubber glues).
In case the Vietnam Finewood Co., Ltd adds business lines according to the above contents without changing the objectives of the investment project specified in the Investment Registration Certificate No. 5767536414 for the first time on December 26 In 2017, for the first certificate change on March 16, 2018, businesses do not need to follow the procedures for adjusting the Investment Registration Certificate.
By: Online Newspaper of the Government / Translator: HaiYen-Bizic
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