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Guidelines for adjusting investment projects in Binh Duong IP

Guidelines for adjusting investment projects in Binh Duong IP

Investment adjustment is essential for companies operating in Binh Duong industrial parks when expanding operations, modifying business lines, or relocating facilities. This guide explains the required documents, procedures, and notes when working with Becamex and the Industrial Park Authority (IPA).

1. Overview of Industrial Parks in Binh Duong

Binh Duong is one of Vietnam’s leading industrial hubs with modern, well-developed industrial parks, including:

  • VSIP: Excellent infrastructure; strong FDI presence.

  • Song Than: Strategic location near Ho Chi Minh City.

  • Nam Tan Uyen: Specialized in mechanical, wood, and electronics industries.

  • Bau Bang: Large-scale IP with competitive leasing prices.

2. When Do You Need to Amend the Investment Registration Certificate (IRC)?

Production expansion, changes in business lines, or scale

  • Expanding factory area

  • Increasing production capacity

  • Adding or modifying business sectors

Changing investors or location

  • Capital transfers or changes in shareholders

  • Relocating operations within or between industrial parks in Binh Duong

3. Required Documents & Filing Process at Becamex/IPA

Documents include:

  • Application for project amendment

  • Financial capability statement

  • Explanation of changes

  • Factory/land lease contract (if applicable)

  • Company legal documents

Procedure:

  1. Prepare documents per IPA/Becamex guidelines

  2. Submit at the One-Stop Service of Binh Duong IPA

  3. IPA evaluates amendment details

  4. Collect the amended Investment Registration Certificate

4. Processing Time & Important Notes

  • Processing time: 10–15 working days

  • Important notes:

    • Information must match across all documents

    • Ensure compliance with the industrial park’s sector-planning

    • FDI investors may need consular legalization of certain documents

5. Incentives & Support for Investors

  • Free consultation from Becamex and IPA

  • Support for construction, environment, and firefighting procedures

  • Possible tax incentives depending on sector and location

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