What is an Investment Registration Certificate?

An Investment Registration Certificate is a crucial legal document that authorizes investors to contribute capital and conduct business activities in Vietnam. If a project’s operational period is nearing its end and the investor wishes to continue, extending this certificate is necessary.

Extension of the Investment Registration Certificate

Extending the Investment Registration Certificate prolongs the project’s operational period as stated in the certificate. The extension process is conducted at the investment registration authority and varies based on the project’s type and location:

  • New Projects, Expansions, and Reinvestments: Valid for 50 to 70 years.
  • Economic Zones: Up to 70 years.
  • Non-Economic Zones: Up to 50 years.
  • Economically Disadvantaged Areas: Up to 70 years.

When is an Extension Needed?

  • Approaching Operational End: When the project nears its end date and you wish to continue.
  • Adjusting Project Scope: Changes in the investment scope or duration require an extension.
  • Changes in Implementation Period: Additional time needed due to unforeseen factors.
  • Compliance with New Legal Conditions: Adherence to new regulations may necessitate an extension.

Conditions for Extending the Certificate

To obtain an extension, investors must:

  • Comply with Registered Contents: Ensure all registered details are met.
  • Timely Application: Submit the extension request before the certificate expires.
  • Document Compliance: Provide proof of project compliance with regional and national planning.
  • Complete Application: Ensure the file meets current regulations.
  • Fulfill Financial Obligations: Pay all taxes and meet land-related requirements.
  • Feasible Plan: Have an approved plan and sufficient capital.
  • Legal Compliance: Adhere to investment laws, environmental regulations, and other Vietnamese laws.

KMC’s Services for Extending Investment Registration Certificates

  • Prepare and Submit Documents: We draft and submit extension documents in Vietnamese and English to the appropriate authority.
  • Forward Documents: The authority forwards documents to land management and relevant bodies for review.
  • Obtain Opinions: The authority reviews documents and provides opinions within 10 days.
  • Addressing Company Inquiries Related to Reporting: Our team stays updated on changes in tax policies and is available to answer any questions you may have regarding VAT regulations and reporting. This ensures that your business remains informed about significant changes and can adjust operations accordingly
  • Review Conditions:Conditions for extension are reviewed and decided upon within 15 working days.
  • Issue Extension Decision: The extension decision is issued within 3 working days after the report from the Ministry of Planning and Investment.

Why Choose KMC?

KMC stands out as your ideal partner for extending your Investment Registration Certificate. We ensure that the extension process is smooth and compliant with all legal requirements. Our expertise in managing documentation, navigating regulatory complexities, and adhering to deadlines ensures that your project remains operational without interruptions. With KMC, you gain a reliable partner dedicated to supporting your investment goals and optimizing your project’s success in Vietnam

Other Services

Accounting and Finance Advisory

KMC provide professional initial accounting and tax registration services, you shall not bother about issues related to tax and accounting after post license. Our team with high expertise and many years experiences will support and accompany you.

Taxation Advisory

Our tax services rely on our local knowledge to ensure tax compliance, tax administration and dealing with tax authorities. We assist you by taking into account the latest regulations thus ensuring full tax compliance and optimization.

Business Advisory

KMC believes in an approach to our client, as we familiarize ourselves with all aspects of your business and the environment in which you operate, it enables us to propose you the most appropriate plan at a competitive service fee.

Mergers and Acquisitions (M&A) Advisory

Our global network in combination with our deep industry knowledge means that we can help companies identify other businesses that offer a good strategic fit and assist them with acquisitions, mergers and alliances that allow them to maintain and build their competitive advantage.

Transfer Pricing Advisory

Transfer pricing refers to the rules and methods for pricing transactions between related entities, typically within multinational companies. Currently, regulations on compliance of transfer pricing are very complexly and strictly.

Annual Consulting Services

KMC has the expertise with experienced resources, including lawyers, auditors, accountants who have many years of experiences working in the investment, accounting, taxation and labour consulting fields.