CMT Consulting Vietnam
The real question isn't "how to change" — it's "should you change at all"
Most foreign-invested companies come to us for ERC/IRC changes because their accountant said so. But nobody asks the harder question: will this change actually solve your business problem?
15 Million VND
Amount one company wasted changing business lines before realizing they didn't qualify.
Clarity before compliance.
We ask the right questions before anything starts. Not to "do it faster" — but to make sure it's worth doing.
When You SHOULD Change
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Relocating province Mandatory under Decree 01/2021/NĐ-CP.
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Legal rep departure Creates liability if name stays on contracts.
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Higher charter capital Needed for tenders or license thresholds.
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Adding verified business lines Already confirmed no conditions apply.
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Investor change (FDI) Triggers mandatory IRC adjustment.
When You Should NOT
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Adding lines 'just in case' Increases reporting and inspection risks.
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Capital raise on paper Shortfalls face 10-20M VND fines.
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Rebranding rename Legal costs usually exceed marketing value.
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Busy legal rep replacement Consider power of attorney first.
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FDI project < 50% done Risks IRC revocation, not adjustment.
How We Decide Whether to Take Your Case
This process costs us some clients — the ones who just want "fast, no questions." We're fine with that.
Accept every request immediately
40% returned on first submission.
Clients lost time, we lost credibility.
Standardized checklist for all
Failed for complex FDI ownership.
Every company has different needs.
Assessment before quoting
- Verify: Does this achieve the goal?
- Check: Are conditions met first?
- Warn: Risks client hasn't considered?
Decision Logic: IF → THEN
We use a rigorous logic tree to determine the path forward. No guessing.
100% Vietnamese-owned, address change (same district)
ERC change only, no IRC needed. Done in 3-5 days.
FDI Company changing investors (Equity Transfer)
IRC adjustment first, then ERC update. Total 15-25 days.
Adding conditional lines (F&B, Education, Healthcare)
Sub-license required before or parallel to ERC/IRC change.
FDI Project < 50% implemented vs commitment
Risk of explanation requests or IRC revocation.
Budget is under 2.5 million VND
Self-filing with free guidance is more rational.
What CMT Does NOT Replace
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Accountant/Auditor
We need their numbers to verify capital.
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Corporate Lawyers
For disputes, M&A, or litigation risk.
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Notary Services
We coordinate, legalization is official.
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Government Relationships
We expedite through preparation, not connections.
Prerequisites
- Clear business objective — "I need X because..." not just "I want to change X"
- Current ERC/IRC copies — to see what exists before changes
- Accounting confirmation — for capital-related changes
- Single point of contact — with decision authority
We decline projects from:
- × Companies wanting 'every possible business line'
- × IRC changes without business rationale
- × Anyone asking us to backdate documents
- × Companies with unresolved tax disputes
Pricing Reality
ERC Changes
IRC Changes
"From" means exactly that. Simple changes cost less. Complex multi-element changes cost more. We quote after assessment.
Transparency
What's included
- Prerequisite assessment (before you pay)
- Document preparation and review
- Submission and tracking
- Responding to authority queries
- Delivery of updated certificates
What's NOT included
- Notarization fees (paid to notary)
- Legalization fees (paid to consular)
- Government filing fees
- Sub-license applications (quoted separately)
Timeline Expectations
| Change Type | Self-Filing | With CMT |
|---|---|---|
| ERC only (simple) | 10-15 working days | 3-5 working days |
| IRC only (simple) | 20-25 working days | 7-10 working days |
| ERC + IRC combined | 25-35 working days | 10-15 working days |
| With sub-license | 45-90 working days | 30-60 working days |
The speed difference isn't magic. It's preparation. Our 98% first-time approval rate exists because we don't submit until the file is complete.
Talk to us before you commit.
If you've read this far and still think you need ERC/IRC changes, we should talk. We'll tell you whether the change makes sense before discussing fees. That conversation is free.
