Notice on business suspension

a) Implementation order:

·   The company shall send a notice to the Business registration office where the company registered no later than 15 days before the business suspension.

·   The Business registration office shall grant the receipt to the company after receiving the notice on business suspension from the company. Within 03 working days from the date of receipt of valid documents, the Business registration office shall issue the confirmation of business suspension registration.

Note: When the company implements the procedures for its business suspension, it shall send a notice on suspension of operation of its branches, representative offices and business locations to the Business registration office where its branches, representative offices and business locations registered.

b) Implementation method: The company founder or authorized representative directly submits documents to the Business registration office where the company registered its head office or submits the enterprise registration documents via electronic network

c) Documents, including:

·    Notice on business suspension/ business continuation ahead of schedule as notified of the company/ branches/ representative offices/ business locations; Decision and valid copy of the meeting record of the Board of members in case of limited liability company with more than two members, of the company owner in case of one member limited liability company, of the Board of directors in case of joint-stock company, of the members in case of partnership;

·    For company issued Investment license, Investment certificate or documents with the same validity, apart from the above documents, the company encloses: A valid copy of Investment certificate; A valid copy of Tax registration certificate; Request for supplement and update of the information on enterprise registration specified in Annex II-18, Circular No. 20/2015/TT-BKHDT;

d) Number of documents: 01 set.

đ) Time limit for settlement: Within 03 (three) working days, after receipt of full valid documents.

e) Implementing agency: Business Registration Office - Department of Planning and Investment.

g) Subjects of administrative procedures: Individuals, organizations.

h) Results of administrative procedures: The confirmation of business suspension registration (Annex V-9, Circular No. 20/2015/TT-BKHDT)/ of the confirmation of suspension registration of the branches, representative offices and business locations (Annex V-10, Circular No. 20/2015/TT-BKHDT);

i) Fees:

k) Name of form, declaration:

·   Notice on business suspension/ business continuation ahead of schedule as notified of the company/ branches/ representative offices/ business locations (Annex II-21, Circular No. 20/2015/TT-BKHDT);

·   Request for supplement and update of the information on enterprise registration for the company operated under Investment license, Investment certificate (Annex II-18, Circular No. 20/2015/TT-BKHDT;

l) Requirements and conditions for procedure implementation: Submit the Notice to the Business registration office no later than 15 days before the business suspension

m) Legal basis of administrative procedures:

·   The Enterprise Law of the Assembly of the Socialist Republic of Vietnam No. 68/2014/QH13 dated 26/11/2014 (The Enterprise Law);

·  Decree No. 78/2015/ND-CP dated 14/9/2015 of the Government on enterprise registration (Decree No. 78/2015/ND-CP);

·     Circular No. 20/2015/TT-BKHDT dated 01/12/2015 of the Ministry of Planning and Investment guiding the enterprise registration (Circular No. 20/2015/TT-BKHDT);