Regulations on Adjusting the Overseas Investment Certificate

20:04, 11/07/2024

Recently, the Ministry of Planning and Investment issued Circular 03/2018/TT-BKHDT providing guidance and promulgating the templates for documents related to overseas investment procedures, replacing Circular 09/2015/TT-BKHDT.

In addition to amending and supplementing the templates for documents used in the procedures for overseas investment, this Circular also adds additional regulations concerning the cases in which investors must and must not adjust the Overseas Investment Certificates (OIC), specifically:

Cases where investors must make adjustments

- Cases outlined in Clause 1 Article 61 Law on Investment 2014;- Cases of changing enterprise code for the investor being an enterprise;- Investor being an organization changes its name or enterprise code.

Cases where investors are not required to make adjustments

- Investor being an individual changes type/number/date of issue of personal documents;- Investor being an organization changes the information recorded on the Enterprise Registration Certificate (ERC), except for the case specified in Point b Clause 1 Article 6 Circular 03/2018/TT-BKHDT.

More details can be found in Circular 03/2018/TT-BKHDT, which takes effect 45 days after the signing date.

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