SERVICE TO CHANGE THE LEGAL REPRESENTATIVE OF INVESTORS/ENTREPRENEURS

SERVICE TO CHANGE THE LEGAL REPRESENTATIVE OF INVESTORS/ENTREPRENEURS

The service of changing legal representative information of investors/enterprises is a service in which VinaSC Group will conduct consulting activities and procedures to register changes in investment registration content/content. Register your business according to the law.

 

I. SERVICE PROVIDING PROCESS AT VINASC:

Step 1: Vinasc receives basic information about changing the legal representative of the enterprise:

*Case 1: The legal representative of the investor is an organization

– Personal information of the proposed new legal representative;

– Information that needs to be adjusted by the representative according to current law.

*Case 2: Legal representative of the economic organization implementing the project

– Personal information of the proposed new legal representative; or

– Information that needs to be adjusted by the representative according to current law.

*Case 3: The legal representative of the investor is an organization and is also the legal representative of the economic organization implementing the project.

– Personal information of the proposed new legal representative;

– Information that needs to be adjusted by the representative according to current law.

Vinasc will review specific relevant legal requirements to plan service implementation.

Step 2: The two parties discuss and agree on the service content, then Vinasc relies on them to draft the necessary documents to hand over to the business for authentication;

Step 3: Vinasc receives back the fully authenticated application along with the documents the business needs to prepare to complete the application;

Step 4: Submit documents to the competent authority according to regulations:

*Case 1:

– Submit application for adjustment of Investment Registration Certificate (IRC) to the investment registration agency.

*Case 2:

– Submit application for Adjustment of Business Registration Certificate (ERC) at the business registration agency.

*Case 3:

– Submit application for adjustment of Investment Registration Certificate (IRC) to the investment registration agency.

– Submit application for Adjustment of Business Registration Certificate (ERC) at the business registration agency.

Step 5: Monitor the application processing step by step and report progress to the business as required.

In case it is necessary to amend or supplement information and documents, Vinasc is responsible for completing them as soon as possible to limit work disruption;

Step 6: Complete service:

– Review all service implementation steps to ensure that the service has been completely completed

– Transfer to the business the specific results that Vinasc collects on behalf of the business during the process of providing services.

II. SPECIFIC RESULTS

– New Investment Registration Certificate (IRC) (Case 1 and Case 3)

– New Enterprise Registration Certificate (ERC) (Case 2 and Case 3)

 

III. EXPECTED IMPLEMENTATION TIME

– Apply for Investment Registration Certificate: 25-30 working days

– Apply for Business Registration Certificate: 05-07 working days

The above estimated time is calculated from the date Vinasc receives all required documents sent to you

Besides, depending on customers’ needs, VinaSC often advises and supports investors in controlling content related to the above services such as: tax-accounting, labor, social insurance, etc. salary, child license… fully and ensure compliance with the law in Vietnam that you can refer to.

Please contact VinaSC for advice, support and to send detailed quotations for the above services.

*Summary table of documents that need to be prepared

Stt  Profile Content Implementer
Customers  (1) Vinasc Group (2) Vinasc Group does it instead (3)
1 Copy of ID card/Passport of the legal representative. X x
2 Dossier requesting adjustment of industry of investment project:

1. Document requesting adjustment of investment project;

2.Proposed investment project;

3.Report on project implementation status;

4. Power of attorney

X
3 Dossier requesting adjustment of business registration content of the enterprise:

1.Notification of changes in business registration content;

2.Meeting minutes (if any);

3.Decide to change company address;

4. Power of attorney.

X

(*) According to the process, the customer is obliged to carry out the documents in column (1) and Vinasc will be obliged to carry out the documents in column (2).

(*) In some cases where customers have difficulty preparing documents, Vinasc can replace the documents in column number (3). However, in this situation we must consider each specific case and the following issues will arise:

– Incurring costs for processing documents (costs will vary depending on each state agency, legal regulations in Vietnam are also different in each period)

– Additional time is incurred due to having to prepare these documents

(*) During the preparation  period, customers scan all of the above documents so that we can prepare them promptly.

(*) In some special situations, State agencies may request additional information to supplement documents.

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