Want to be in the loop?
subscribe to
our notification
Business News
NEW GUIDELINES ON ENTERPRISE REGISTRATION
1/. Issuing new forms for enterprise registration
Circular 20 issued 88 new forms applied to enterprises, household businesses and licensing authorities. The system of forms replaces the previously applied forms issued in attachment with Circular No. 01/2013/TT-BKHDT (Circular 01) and the temporary forms that have been applied in recent times, issued together with Official Letter 4211/BKDT-DKKD.
2/. Guiding issuance of the enterprise registration papers
Circular 20 stipulates where enterprises propose any issuance of the enterprise registration certificate replacing the business registration contents of the Investment License or Investment Certificate or any document of equivalent legal value without changing the business registration contents, they just need to submit papers to the Business Registration Office of the locality where enterprises are headquartered.
The submission includes (i) valid copy of the Investment Certificate or Certificate of Branch Operation Registration or Representative Office issued by the investment registration authority; (ii) valid copy of the Tax Registration Certificate; (iii) the Application for adding and updating the enterprise registration information (as per the available form).
This provision applies similarly to the cases where enterprises propose any issuance of the Certificate of Branch Operation Registration, Representative Office and the Certificate of Business Location Registration in replacement of the operation registration contents of the Investment Certificate or the Certificate of Branch Operation Registration or Representative Office issued by the investment registration authority.
3/. Publicizing corporate stamp specimen
Under Circular 20, the information on enterprise name, enterprise code, head office address, business lines, name of the legal representative, corporate legal status and especially corporate stamp specimen shall be publicized free of charge on the National Business Registration Portal (dangkykinhdoanh.gov.vn).
Organizations or individuals may propose any other information on business registration contents and corporate financial statements on the basis of service charge payment.
4/. Requirements on information of enterprise registration
Circular 20 regulates that the enterprise is responsible for fully adding the missing information of the previous enterprise registration dossier including those on its telephone number, tax number, email and website.
In addition of telephone number information is deemed as mandatory and the application file for changing enterprise registration contents shall be deemed as invalid in case of no additional information on the corporate phone number.
In addition, where it is detected that the information on enterprise registration as recorded on the enterprise registration and the national business register database is inaccurate or incomplete, enterprises shall promptly amend and supplement such information according to the proper process.
Circular 23 took effect from January 15, 2016 and replaces the previous Circular 01.
Source: VIR
Related News
DIGITAL TRANSFORMATION CATALYST FOR COMPREHENSIVE DEVELOPMENT
Vietnam is entering a period of strong transformation, led by the ongoing digital transformation revolution. The rapid booming o…
VIETNAM’S RIDE-HAILING MARKET ATTRACTS GLOBAL AND LOCAL COMPETITION
As European unicorn Bolt explores a potential entry into Vietnam’s ride-hailing sector, the market is undergoing significant shifts, with loca…
INVESTMENT OPPORTUNITIES SEEN IN VIỆT NAM'S POWER STOCKS
The Government's focus on achieving a GDP growth rate between 6.5 per cent and 7.5 per cent in 2025 underscores the critical role of ele…
POSITIVE OUTLOOK FOR WOOD PRODUCT EXPORTS AFTER ROARING SUCCESS IN 2024
The woodworking industry will strive to achieve the export target of US$18 billion for this year, the Handicraft and Wood Industry Association o…
2024: VIETNAM'S OUTBOUND INVESTMENT RISES BY 57.7%
In 2024, Vietnamese investors launched 164 new projects and made 26 capital adjustments abroad. Vietnam’s total oversea investment rea…
VIETNAM ECONOMIC NEWS RECAP - DECEMBER 2024
As we conclude the year 2024, it is important to recognize the complex landscape Vietnam navigated throughout the year. Despite facing si…
DIGITAL TRANSFORMATION CATALYST FOR COMPREHENSIVE DEVELOPMENT
Vietnam is entering a period of strong transformation, led by the ongoing digital transformation revolution. The rapid booming o…
VIETNAM’S RIDE-HAILING MARKET ATTRACTS GLOBAL AND LOCAL COMPETITION
As European unicorn Bolt explores a potential entry into Vietnam’s ride-hailing sector, the market is undergoing significant shifts, with loca…
INVESTMENT OPPORTUNITIES SEEN IN VIỆT NAM'S POWER STOCKS
The Government's focus on achieving a GDP growth rate between 6.5 per cent and 7.5 per cent in 2025 underscores the critical role of ele…
POSITIVE OUTLOOK FOR WOOD PRODUCT EXPORTS AFTER ROARING SUCCESS IN 2024
The woodworking industry will strive to achieve the export target of US$18 billion for this year, the Handicraft and Wood Industry Association o…
2024: VIETNAM'S OUTBOUND INVESTMENT RISES BY 57.7%
In 2024, Vietnamese investors launched 164 new projects and made 26 capital adjustments abroad. Vietnam’s total oversea investment rea…
VIETNAM ECONOMIC NEWS RECAP - DECEMBER 2024
As we conclude the year 2024, it is important to recognize the complex landscape Vietnam navigated throughout the year. Despite facing si…