Revocation of the cooperative alliance registration certificate (If the cooperative alliance voluntarily dissolves)

a) Implementation order:

- Step 1: Open the General meeting of members and make a resolution of voluntary dissolution

- Step 2: The General meeting of members shall establish and define the responsibilities, powers and operation duration of the dissolution council. The dissolution council includes: representatives of the Board of Directors, supervisory board or supervisors, executive board and representative members.

- Step 3: Within 60 days after the General meeting of members made decision on establishment, the dissolution council must perform the following tasks:

+ Notify regarding dissolution to the state agency issuing the cooperative alliance registration certificate; print on the dissolution at the place where the cooperative alliance operates in 03 consecutive volumes;

+ Notify to organizations and individuals that have economic relations with the cooperative alliance of the time limit for debt payment and liquidation of contracts; disposal of assets and capital of the cooperative alliance;

+ At the cooperative alliance registration agency issuing the certificate of registration of branch/ representative office/business location of the cooperative alliance: carry out the procedures to terminate the operations of its branch, representative office and business location;

- Step 4: After completion of the dissolution, the dissolution council shall send 01 set of documents on the dissolution to the cooperative alliance registration agency.

- Step 5: Upon receiving the documents, the cooperative alliance registration agency:

+ Request the applicant to submit a valid copy of valid identity card or passport;

+ In case of being authorized, it is required to prepare the following papers: The service supply contract between the person establishing the cooperative alliance, the cooperative alliance and the organization providing services of submitting documents and receiving results; the recommendation letter of that organization for the individual to submit documents and receive results; or the authorization letter the individual to submit documents and receive results in accordance with law.

If documents are valid, the cooperative alliance registration agency shall issue a receipt to the cooperative alliance.

- Step 6: Within 05 working days from the receipt of valid documents, the cooperative alliance registration agency shall confirm the dissolution of the cooperative alliance and make a decision to revoke the cooperative alliance registration certificate.

- Step 7: The cooperative alliance shall return the original certificate of cooperative alliance registration when receiving the confirmation of dissolution and decide to revoke the cooperative alliance registration certificate.

b) Implementation method:

In person

c) Documents:

- Notice regarding dissolution of the cooperative alliance;

- The General Meeting of Members’ Resolution on the dissolution of the cooperative alliance;

- The minutes of the completion of the cooperative alliance dissolution;

- The confirmation of the tax agency regarding completion of tax obligations of the cooperative alliance;

- The confirmation of the public security regarding cancellation of the cooperative alliance's seal;

- The confirmation of the cooperative alliance registration agency regarding termination of operation of the branch, representative office, business location of the cooperative alliance;

- The receipt of the mass media agency regarding printing the notice of dissolution or the print of dissolution in 03 consecutive volumes;

d) Number of documents:

01 set

đ) Time limit for settlement:

05 working days from the receipt of valid documents

e) The agency implementing administrative procedures:

Business Registration Office under the Department of Planning and Investment

g) Subjects of administrative procedures:

Organizations

h) Results of administrative procedures:

The confirmation regarding dissolution of the cooperative alliance;

i) Fees: None

In accordance with the provisions of Clause 6, Article 2 and subparagraph b, Clause 2, Article 3 in Circular No. 02/2014/TT-BTC dated 02/01/2014 of the Ministry of Finance guiding charges and fees to be decided by people's Councils of provinces and Centrally-run cities.

k) Name of form, declaration:

Notice regarding dissolution of the cooperative alliance in accordance with the form as prescribed in Appendix I-13, Circular No. 03/2014/TT-BKHDT;

l) Requirements and conditions for procedure implementation (if any):

The cooperative alliance must complete procedures to terminate the operations of its branch, representative office and business location before making the registration procedures for dissolution.

m) Legal basis of administrative procedures:

- Law on Cooperatives dated 20/11/2012;

- Decree No. 193/2013/ND-CP dated 21/11/2013 on detailed regulations for a number of articles of the Law on Cooperatives;

- Circular No. 03/2014/TT-BKH dated 26/05/2014 guiding the cooperative registration and reporting system on operations of the cooperative;