What are the conditions for a household business to be issued with Certificate of household business registration in Vietnam? What is the legal value of a certificate of household business registration in Vietnam?
- What are the conditions for a household business to be issued with Certificate of household business registration in Vietnam?
- What is the legal value of a certificate of household business registration in Vietnam?
- What is the form of Certificate of household business registration applicable from July 1, 2023?
What are the conditions for a household business to be issued with Certificate of household business registration in Vietnam?
In Article 82 of Decree No. 01/2021/ND-CP on Certificate of household business registration as follows:
Certificate of household business registration
1. Certificates of household business registration shall be issued to household businesses that are duly established and operating under this Decree. A household business shall be issued with the certificate of household business registration if all of the following conditions are satisfied:
a) The registered business lines are not banned;
b) The name of the household business is conformable with regulations of Article 88 hereof;
c) The application for household business registration is valid;
d) Fees for household business registration are fully paid.
2. The certificate of household business registration is issued according to information in the application for household business registration, which is provided by the household business founder.
3. Information on the certificate of household business registration is effective from its date of issue; the household business is entitled to do business from the date of issue of the certificate of household business registration, except for conditional business lines. In case the household business registers the date of commencement of business after the date of issue of the certificate of household business registration, the household business is entitled to do business from the registered date, except for conditional business lines.
4. Every household business may receive the certificate of household business registration directly at the office of the district-level business registration authority or pay fees to receive it by post.
5. The household business is entitled to request the district-level business registration authority to provide copies of the certificate of household business registration and pay fees for them.
Thus, according to Clause 1, Article 82 of Decree No. 01/2021/ND-CP above, a household business shall be issued with the certificate of household business registration if all of the following conditions are satisfied:
- The registered business lines are not banned;
- The name of the household business is conformable with the regulations;
- The application for household business registration is valid;
- Fees for household business registration are fully paid.
In particular, for the name of the household business, Article 88 of Decree No. 01/2021/ND-CP has the following provisions:
Naming of household businesses
1. Each household business has its own name. The name of a household business shall consist of two elements as follows:
a) The phrase “Hộ kinh doanh”;
b) The proper name.
The proper name consists of letters in the Vietnamese alphabet, the letters F, J, Z, W, digits, and symbols.
2. It is prohibited to use words or symbols that contradict Vietnam’s tradition, history, culture, and ethics in the proper name of the household business.
3. The name of a household business must not consist of the phrase “công ty” or “doanh nghiệp”.
4. The proper name of the household business must not coincide with the name of another household business which has been registered within the same district.
Thus, when registering a household business, the owner of the household business should pay attention to the above-mentioned contents when naming.
What are the conditions for a household business to be issued with Certificate of household business registration in Vietnam? What is the legal value of a certificate of household business registration in Vietnam?
What is the legal value of a certificate of household business registration in Vietnam?
Pursuant to the provisions of Clause 3, Article 82 of Decree No. 01/2021/ND-CP as follows:
Certificate of household business registration
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3. Information on the certificate of household business registration is effective from its date of issue; the household business is entitled to do business from the date of issue of the certificate of household business registration, except for conditional business lines. In case the household business registers the date of commencement of business after the date of issue of the certificate of household business registration, the household business is entitled to do business from the registered date, except for conditional business lines.
Thus, a certificate of household business registration is effective from its date of issue, specifically determined according to the above provisions.
What is the form of Certificate of household business registration applicable from July 1, 2023?
Pursuant to Circular No. 02/2023/TT-BKHDT amending and supplementing a number of articles of Circular No. 01/2021/TT-BKHDT dated March 16, 2021 of the Minister of Planning and Investment guiding on enterprise registration.
The latest form of certificate of household business registration is the form in Appendix VI-1 issued together with Circular No. 02/2023/TT-BKHDT.
Download the latest form of Certificate of household business registration: Click here.
Circular No. 02/2023/TT-BKHDT takes effect from July 1, 2023.
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