Today, LSX Law firm will send you an article about: ” Procedures for changing and supplementing business lines in Vietnam”, specifically as follows:
Legal grounds:
Law on Enterprise 2020
Decree 01/2021/ND-CP01/2021/NĐ-CP
Dossier change business lines
- Notice of change of business registration information as the legal representative of the enterprise;
- Minutes of the meeting on the change or addition of the company’s business lines;
- Deciding on changes or additions to the company’s business lines;
- Copy of Investment Registration Certificate (if any);
- Licensing authority (If individual, organization if authority for an organization to perform);
- Finally, A valid copy of the personal certificate of the person authorized to carry out the procedure (if any)
Procedures for changing business lines
Step 1: Prepare information and documents for the addition of business lines
Firstly, you need to determine whether the business change is: adding a business line or reducing a business line. In case of adding a business line, it is necessary to prepare the code of the proposed business line; In case of reducing the industry, it is necessary to list the industries to be withdrawn in the business registration.
Step 2: Compose additional documents, change business lines fully according to regulations
So, dossiers for the addition or change of business lines include the above documents.
Step 3: Submit a valid application for business registration information disclosure
Submit application for change of business registration, fee for disclosure of business registration information at the Department of Planning and Investment of the province where the enterprise is located.
The state fee when submitting the application is the fee for announcing the change of business registration VND 100,000.
So, the application processing time is 3 working days after the agency receives the complete and valid dossier.
Step 4: Get the result
So, the enterprise receiving the result is a Certificate of change in business registration contents.
Location is at the business registry or through the postal service.
Notes when changing business lines of business registration
- For some industries that require legal capital, adjust capital to meet capital requirements.
- For industries that require legal capital, when changing or supplementing, adjust capital to meet capital requirements.
So, see more related articles:
Banned business lines in accordance with Vietnamese law
Procedures for notification of changes in business lines of foreign-invested companies in Vietnam
Related question:
Enterprises may not register or notify changes to business registration contents in the following cases:
– Has been notified by the Business Registration Office about the violation of the enterprise in the case of revocation of the Certificate of Business Registration; or has been issued a Decision on revocation of the Certificate of Business Registration;
– In the process of dissolution according to the dissolution decision of the enterprise;
– At the request of the competent authority;
– The business is in the legal status of “No longer doing business at the registered address.
According to the Law on Enterprises, if there is a change in the contents of enterprise registration, the enterprise must carry out the procedures for public announcement on the National Business Registration Portal.
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