{"id":505,"date":"2020-03-18T15:12:42","date_gmt":"2020-03-18T06:12:42","guid":{"rendered":"http:\/\/suzuki-global.com\/?p=505"},"modified":"2021-12-18T16:08:06","modified_gmt":"2021-12-18T07:08:06","slug":"establishment-of-foreign-company-in-vietnam-process-of-issuing-investment-registration-certificate-irc-and-enterprise-registration-certificate-erc","status":"publish","type":"post","link":"https:\/\/suzuki-global.com\/en\/establishment-of-foreign-company-in-vietnam-process-of-issuing-investment-registration-certificate-irc-and-enterprise-registration-certificate-erc\/","title":{"rendered":"Vietnam&#039;s IRC \/ ERC (Investment Registration Certificate \/ Company Registration Certificate) Issuance Process | Explaining the Establishment of Foreign-affiliated Companies"},"content":{"rendered":"<h2>Vietnam&#039;s Investment Registration Certificate (IRC) and Corporate Registration Certificate (ERC) Issuance Process | Explaining the Establishment of Foreign-affiliated Companies<\/h2>\n<p><span style=\"font-weight: 400;\">When Japanese companies enter Vietnam, they are naturally treated as foreign-affiliated companies in Vietnam. This depends on whether the investor and the source of the investment are in Vietnam or outside Vietnam.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When a Japanese or a company that has a parent company in Japan moves into Vietnam, it is treated as a foreign-affiliated company because of the above reasons, and the process of establishing a company is very complicated compared to local companies in Vietnam. .. This time, though it is easy, we will introduce the contents that foreign companies will implement when establishing a corporation.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Before the establishment of a foreign-affiliated company in Vietnam<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">When a foreign investor establishes a company in Vietnam, it is necessary to compile a management plan such as investment amount, articles of incorporation capital, business content, investment place, personnel recruitment plan, environmental measures, project design, construction, etc.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Investment registration certificate (IRC) issuance process<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The first step in establishing a corporation in Vietnam is to issue an Investment Registration Certificate (IRC).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is a step that applies only to foreign-affiliated companies, and is a very important process for foreign-affiliated companies to operate smoothly in Vietnam, a socialist country.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Enterprise registration certificate (ERC) issuance process<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Issuing an Enterprise Registration Certificate (ERC) is the second process.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Since this certificate has the same meaning as the Japanese registration certificate, it is an important document and issuance process as well as the investment registration certificate.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Institution that issues investment registration certificate (IRC)<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">According to the Decree No. 118\/2015\/ND-CP (Detailed Regulations for the Enforcement of Certain Provisions of the Investment Law), the investment registration certificate shall be issued by the Planning and Investment Bureau or the industrial park, export processing zone, high-tech zone, and special economic zone. It is issued by the management committee. For local industrial parks, export processing zones, high-tech areas, and special economic zones without a management committee, the local people&#039;s committee will be the issuing agency.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Organization that issues company registration certificate (ERC)<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">According to the provisions of Decree No. 78\/2015 \/ ND-CP, the issuing organization of the company registration certificate is the Management Registration Office belonging to the Ministry of Planning and Investment of the municipality \/ central municipality.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">How to apply for Investment Registration Certificate (IRC) and Company Registration Certificate (ERC)<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Regarding this, we recommend that you consult with a specialist or lawyer who has a good reputation for foreign investment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the contents of the application are incorrect or inconsistent, the process of obtaining a corporate qualification may be significantly delayed and affect business operations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In order to manage the business smoothly, it is very important to proceed with various procedures at the initial stage of Vietnam expansion.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-\u30db\u30fc\u30c1\u30df\u30f3\u3078\u306e\u9032\u51fa\u306fsac\u4f1a\u8a08\u30b3\u30f3\u30b5\u30eb\u30bf\u30f3\u30c8 wp-block-embed-\u30db\u30fc\u30c1\u30df\u30f3\u3078\u306e\u9032\u51fa\u306fsac\u4f1a\u8a08\u30b3\u30f3\u30b5\u30eb\u30bf\u30f3\u30c8\">\n<div class=\"wp-block-embed__wrapper\"><a href=\"https:\/\/suzuki-global.com\/en\/company-established-in-vietnam\/\"><img loading=\"lazy\" src=\"http:\/\/suzuki-global.com\/wp-content\/uploads\/2020\/03\/vietnamese-business.jpg\" alt=\"business\" width=\"459\" height=\"258\" class=\"wp-image-1004 alignnone\" srcset=\"https:\/\/suzuki-global.com\/wp-content\/uploads\/2020\/03\/vietnamese-business.jpg 1280w, https:\/\/suzuki-global.com\/wp-content\/uploads\/2020\/03\/vietnamese-business-600x338.jpg 600w, https:\/\/suzuki-global.com\/wp-content\/uploads\/2020\/03\/vietnamese-business-768x432.jpg 768w\" sizes=\"(max-width: 459px) 100vw, 459px\" \/><\/a><\/div>\n<\/figure>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><strong><a href=\"https:\/\/suzuki-global.com\/en\/company-established-in-vietnam\/\">Application guide for establishing\/registering a company\/corporation in Vietnam<\/a><\/strong><\/div>\n<div>\n<p>&nbsp;<\/p>\n\n<\/div>\n<p><!-- \/wp:embed --><\/p>","protected":false},"excerpt":{"rendered":"<p>Vietnam&#039;s Investment Registration Certificate (IRC) and Corporate Registration Certificate (ERC) Issuance Process | Dissolving the Establishment of Foreign-affiliated Companies [\u2026]<\/p>","protected":false},"author":1,"featured_media":465,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6,76],"tags":[9,104,106,107,108],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/posts\/505"}],"collection":[{"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/comments?post=505"}],"version-history":[{"count":15,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/posts\/505\/revisions"}],"predecessor-version":[{"id":6972,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/posts\/505\/revisions\/6972"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/media\/465"}],"wp:attachment":[{"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/media?parent=505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/categories?post=505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/tags?post=505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}