In which cases shall certificates of household business registration in Vietnam be revoked?

In which cases shall certificates of household business registration in Vietnam be revoked?

Pursuant to Clause 1 Article 93 of the Decree 01/2021/NĐ-CP stipulating revocation of certificate of household business registration as follows:

Revocation of certificate of household business registration

1. A household business shall have its certificate of household business registration revoked in the following cases:

a) Information provided in the application for household business registration is fraudulent;

b) The business is suspended for more than 06 consecutive months without notifying the district-level business registration authority where the business household was registered and the tax authority;

c) The household business engages in banned business lines;

d) The household business is established by person(s) banned from establishing the household business;

dd) The household business fails to send reports as prescribed in Clause 6 Article 16 hereof to the district-level business registration authority within 03 months from the prescribed deadline or the receipt of written request;

e) It is revoked under a Court’s decision or at the request of a competent authority as prescribed by law.

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As regulations above, a household business shall have its certificate of household business registration revoked in the following cases:

- Information provided in the application for household business registration is fraudulent;

- The business is suspended for more than 06 consecutive months without notifying the district-level business registration authority where the business household was registered and the tax authority;

- The household business engages in banned business lines;

- The household business is established by person(s) banned from establishing the household business;

- The household business fails to send reports as prescribed in Clause 6 Article 16 hereof to the district-level business registration authority within 03 months from the prescribed deadline or the receipt of written request;

- It is revoked under a Court’s decision or at the request of a competent authority as prescribed by law.

What are requirements for issuance of certificate of household business registration in Vietnam?

Pursuant to Clause 1 Article 82 of the Decree 01/2021/NĐ-CP stipulating 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.

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As regulations above, Certificates of household business registration shall be issued to household businesses when they satisfy following requirements:

- The registered business lines are not banned;

- The name of the household business is conformable with regulations of Article 88 hereof;

- The application for household business registration is valid;

- Fees for household business registration are fully paid.

In which cases shall certificates of household business registration in Vietnambe re-issued?

Pursuant to Clause 1 Article 94 of the Decree 01/2021/NĐ-CP stipulating re-issuance of certificate of household business registration as follows:

Re-issuance of certificate of household business registration

1. In case a certificate of household business registration is lost, burned, damaged, or otherwise destroyed, the household business may submit an application for reissuance of the certificate of household business registration to the business registration authority of district where the household business is headquartered. The district-level business registration authority shall consider re-issuing the certificate of household business registration within 03 working days from the receipt of the application.

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As regulations above, the household business may apply for re-issuance of certificate of household business registration in case a certificate of household business registration is lost, burned, damaged, or otherwise destroyed.

The household business may submit an application for reissuance of the certificate of household business registration to the business registration authority of district where the household business is headquartered.

The district-level business registration authority shall consider re-issuing the certificate of household business registration within 03 working days from the receipt of the application.

Best regards!