What are the procedures for online enterprise registration using business registration accounts in Vietnam?
- What is a business registration account in Vietnam?
- What are the procedures for online enterprise registration using business registration accounts in Vietnam?
- What are the regulations on imposition of penalties for violations and settlement of disputes related to business registration accounts in Vietnam?
What is a business registration account in Vietnam?
According to the provisions of Clauses 2 and 3, Article 42 of Decree 01/2021/ND-CP as follows:
Online enterprise registration
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2. The business registration account is defined in Clause 4 Article 26 of the Law on enterprises and used for authentication of an online application for enterprise registration in case the person competent to sign the application form for enterprise registration does not use a digital signature. Business registration accounts are created from the National Enterprise Registration Information System and issued to individuals to apply for enterprise registration online. Individuals shall access the National Business Registration Portal for providing information and creating business registration accounts. Personal information provided by the applicant on the National Business Registration Portal for granting a business registration account must be adequate and accurate as that in his/her legal documents and ensure the authentication of the applicant by the National Enterprise Registration Information System.
3. A business registration account shall be issued to an individual only. The individual issued with the business registration account shall assume legal responsibility for the accuracy and legitimacy of his/her provided information and the use of this business registration account.
4. The Business Registration Office shall enable all entities to search for information and apply for enterprise registration online.
Accordingly, a business registration account is an account used for authentication of an online application for enterprise registration in case the person competent to sign the application form for enterprise registration does not use a digital signature. Business registration accounts are created from the National Enterprise Registration Information System and issued to individuals to apply for enterprise registration online.
Note: a Business Registration Account is only issued to one individual.
What are the procedures for online enterprise registration using business registration accounts in Vietnam?
According to the provisions of Article 45 of Decree 01/2021/ND-CP on this content as follows:
- The applicant shall use a business registration account to enter information, download electronic documents, append signatures on the online application for enterprise registration, and pay application fees/charges according to the procedures on the National Business Registration Portal.
In case of authorization to follow online procedures for enterprise registration using the business registration account, the letter of authorization must contain the contact information of the authorized person for authenticating the submission of the online application for enterprise registration.
- After the application is sent, the applicant will receive a confirmation slip.
- If the application is satisfactory, the Business Registration Office shall issue the enterprise registration certificate and notify the applicant. If the application is not satisfactory, the Business Registration Office shall send an online notification of necessary revisions to the applicant.
- Procedures for online enterprise registration are also applied to the registration of the enterprise’s branches, representative offices, and business locations.
What are the regulations on imposition of penalties for violations and settlement of disputes related to business registration accounts in Vietnam?
According to the provisions of Article 46 of Decree 01/2021/ND-CP as follows:
Imposition of penalties for violations, settlement of complaints and disputes related to digital signatures and business registration accounts
1. The disputes, complaints, and violations related to the management and use of digital signatures and business registration accounts shall be determined and settled in accordance with regulations of law.
2. Business registration authorities deny responsibility for violations committed by enterprises, their founders or applicants during their provision of information for applying for business registration accounts and use of such accounts.
Thus, the imposition of penalties for violations and settlement of disputes related to the management and use of business registration accounts shall comply with the provisions of law.
Business registration authorities deny responsibility for violations committed by enterprises, their founders or applicants during their provision of information for applying for business registration accounts and use of such accounts.
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