Additional service, change of business lines of foreign invested enterprises at fdiinvietnam.com from 15,000,000 VND, in 20-25 days. Refer to the service.
Services for changing and adding business lines of foreign invested enterprises
Foreign-invested enterprises wishing to carry out procedures to add business lines must make changes and add business lines on the business registration certificate and investment license.
➤ Full package of services for registering additional business lines for foreign-invested enterprises at fdiinvietnam.com:
- Ho Chi Minh City: 15,000,000 VND – 20,000,000 VND;
- Hanoi: 25,000,000 VND – 30,000,000 VND.
(*) Package depends on additional and changed industries and includes industry coding procedure costs.
➤ Service completion time: 20 – 25 working days.
➤ Information customers need to provide:
- Information on investment projects;
- Business lines expected to change or be added.
➤ Things fdiinvietnam.com will do for you:
- Consulting on all legal regulations before and after adding a business line;
- Prepare all documents for changing and adding business lines according to current regulations;
- Carry out industry coding procedures (if foreign-invested enterprises are required to code their industries);
- Business representative submits application at Department of Planning and Investment;
- Deliver the certificate of change of business registration content and new investment license to the customer.
Note:
Foreign-invested enterprises established in the form of capital contribution transfer (without investment certificate) when adding business lines do not need to carry out additional procedures for capital contribution notification and procedures related to investment certificate.
See also:
Additional business services;
Investment license adjustment service.
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Procedures and documents for adding business lines for foreign-invested companies
Registering additional business lines for a foreign-invested company requires two steps: adjusting the content on the investment license and adjusting the content on the business license.
However, depending on each province, the implementation process will be different. For example, if in Ho Chi Minh City, the business registration certificate is changed first, then the investment license is changed, then in Hanoi, the reverse will be done. However, the details of the documents and the implementation process at each step remain unchanged.
Step 1: Procedures for adjusting investment registration certificate
➤ Additional business lines on investment license
Profile details include:
- Document requesting adjustment of investment certificate;
- Decision on investment project adjustment;
- Report on the implementation status of the investment project (up to the time of adjustment);
- Original investment registration certificate;
- Notarized copy of business registration certificate;
- Authorization letter for representative to submit application;
- Financial statements of the last 2 years (audited) consularized and notarized.
➤ Instructions on procedures for adding business lines to investment licenses
- Submit application: You submit directly to the Department of Planning and Investment where the enterprise has its headquarters or implements the investment project;
- Time to process the application: Within 15 working days from the date of receiving the application, if the application is valid, the investment registration agency will issue a new investment license to the enterprise.
Note: You must submit the original previously issued investment certificate to receive a new investment certificate.
Step 2: Procedures for adjusting the content on the business registration certificate
➤ Additional business lines on the business registration certificate
Profile details include:
- Notice of change of business line;
- Decision of the owner/board of members/board of directors on adding business lines;
- Minutes of meeting of the board of members/board of directors on adding business lines;
- Authorization letter for representative to submit application.
- Submitting application: You can submit your application directly or online in 2 ways: using a business registration account or using a digital signature (token).
Refer to the guide (with pictures): Procedures for changing business lines online.
- Time to process the application: Within 3 – 5 working days, if the application is valid, the Department of Planning and Investment will issue a certificate of change of business registration content or send a notice of instructions for modification and supplementation if the application is invalid.
See more: Procedures for adding business lines of foreign-invested enterprises.
Notes when changing or adding business lines of foreign-invested companies
➤ Enterprises and foreign investors that have been approved for investment policies must carry out procedures to adjust investment capital contribution approval before carrying out procedures to register additional business lines on the investment license.
➤ Additional business conditions
Similar to Vietnamese enterprises, foreign-invested enterprises when changing or adding business lines need to pay attention to the following issues:
- The additional or changed business lines must belong to the Vietnamese industry code system and not be on the list of industries prohibited for foreign investors to operate or do business;
- Enterprises and foreign investors must ensure conditions on capital, investment form, scale or requirements on sub-licenses (business licenses)… if the additional business is on the list of conditional business lines.
➤ The list of conditional business lines for foreign investors when adjusting the investment certificate will be registered according to the CPC industry code (according to the WTO commitment form). Then, when the enterprise carries out the procedure to adjust the business registration certificate with the Department of Planning and Investment, it will apply the corresponding industry code table as for Vietnamese-invested enterprises.
➤ Industry coding procedure
If a foreign-invested enterprise falls into one of the two following cases, it must carry out industry coding procedures:
- Foreign-invested enterprises established before August 20, 2018;
- Foreign-invested enterprises have never completed procedures to supplement or adjust the content of their business licenses, specifically business lines.
Frequently asked questions when adding business lines of foreign-invested companies
1. Procedures for registering additional business lines for foreign-invested companies?
Enterprises with foreign investment capital that want to register additional business lines need to perform the following 2 steps:
>> Step 1: Adjust the content on the investment license;
>> Step 2: Adjust the content on the business registration certificate.
Note: Depending on the province or city, the order of the 2 steps will be reversed.
See details: “Procedures for adding business lines of foreign-invested companies”.
2. How much does it cost to add a business line at fdiinvietnam.com?
Full package of additional services, changing business lines at fdiinvietnam.com as follows:
>> Ho Chi Minh City area: 15,000,000 VND – 20,000,000 VND
>> Hanoi area: 25,000,000 VND – 30,000,000 VND
Depending on the industry that needs to be supplemented or changed, the cost will be different. Contact fdiinvietnam.com to discuss information and receive an accurate quote.
3. Do I need to change my investment certificate if I change or add a business line?
For foreign-invested enterprises established in the form of transfer investment (without investment registration certificate), when changing business lines, it is not necessary to carry out procedures related to investment certificates.
4. What conditions must additional business lines ensure?
Similar to Vietnamese companies, foreign-invested companies before adding business lines also need to ensure regulations such as:
>> Must belong to the Vietnamese industry code system;
>> Must ensure conditions on capital, form – scale of investment…;
>> Adding or changing a profession affects any document, so the content of those documents must be changed at the same time…
Refer to the service at fdiinvietnam.com to be supported with all legal requirements when adding business lines for foreign-invested enterprises.
5. Can a business that has been approved for investment change its business line?
Yes. Foreign-invested enterprises can absolutely register additional business lines to suit their strategy and operational orientation.
However, if the enterprise has been approved for investment policy, when changing its business line, it must adjust the approval for investment capital contribution before registering to increase or decrease the business line on the investment license and business registration certificate.
6. What does the additional business line profile include?
>> The dossier for adjusting the investment license includes: a written request for adjusting the investment license; a decision on adjusting the investment project; a report on the implementation status of the investment project (up to the time of adjustment); the original investment license; a notarized copy of the business registration certificate; a letter of authorization for a representative to submit the dossier; financial statements of the last 2 years (with audit) consularly legalized and notarized.
>> The dossier for adjusting the business license includes: notice of change of business line; decision of the owner/board of members/board of directors on adding business line; minutes of meeting of the board of members/board of directors on adding business line; authorization document for the representative to submit the dossier.
Call us at 0978 578 866 (North) – 033 9962 333 (Central) – 033 9962 333 (South) for support.