Adjust IRC (Investment Registration Certificate)

When is it necessary to adjust IRC?

IRC – Investment registration certificate is an important legal document issued to foreign investors when establishing an FDI company or implementing an investment project in Vietnam. During project implementation, if there are any changes compared to the issued IRC content, the investor must carry out the procedure for adjusting the IRC to ensure compliance with the 2020 Investment Law.

Common cases where IRC adjustments are needed:

• Change investor information, company name, head office address.
• Adjust the scale of investment capital, capital contribution or capital contribution schedule.
• Adding and changing business lines.
• Adjust the operating term of the investment project.
• Change project location.
• Adjust project objectives, investment forms or investment incentives.

If adjustments are not made promptly, investors may be subject to administrative sanctions, have difficulty completing tax procedures, expanding projects or withdrawing profits abroad.

IRC adjustment process at DEDICA

Step 1. Receive information & request investment adjustments

In the initial step, DEDICA will work directly with customers to determine:

• Type of change to be made;
• Collect existing records: current IRC, ERC, corporate charter, location lease contract, project activity report, and investor's legal documents.
• Record the customer's desired goals and deadlines, to determine appropriate consulting direction and implementation plans.

DEDICA always ensures that all information and documents are absolutely confidential throughout the consulting process.

Step 2. Preliminary consultation & Legal service quote

After receiving the application, DEDICA's team of investment lawyers will:

• Analyze legal regulations related to regulatory content;
• Evaluate feasibility and legal risks for each change request;
• Propose optimal adjustment plans, helping to save time and avoid having to resubmit or amend multiple times;
• Determine the scope of procedures to be performed;
• Set up a specific roadmap and processing time, along with detailed instructions on documents to prepare.

On that basis, DEDICA sends a transparent legal service quote, including:

• Scope of work (consulting, preparing documents, submitting, monitoring, handing over results);
• Estimated time;
• Full service cost.

Step 3. Prepare & Submit documents to the competent authority

(a) Prepare documents

After the customer confirms the service, DEDICA proceeds to:

• Draft a full set of IRC adjustment documents;
• Coordinate with customers to review, sign, and authenticate documents in accordance with legal regulations.

(b) Submit application & monitor progress

DEDICA on behalf of customers:

• Submit documents to the competent state agency;
• Closely monitor the processing process, respond and supplement promptly if requested by state agencies;
• Regularly update progress to customers (via email or phone) throughout the implementation process;
• Receive IRC adjustment results on time, ensuring full change information is officially recorded.

Step 4. Hand over results

After completing the procedure, DEDICA will:

• Hand over all original documents and electronic copies to customers;
• Explain in detail the adjusted content, rights and obligations arising after the change;

Benefits of choosing DEDICA

• Accurate and timely advice: helps investors avoid risks of violating regulations.
• Quick processing: minimize waiting time, shorten the adjustment process.
• Comprehensive support: from preparing documents, working with state agencies to post-adjustment procedures.
• Long-term companion: providing regular legal services for FDI enterprises.