Principles of Business Name Registration

Let me ask, when establishing a company, do I have to comply with any principles in the step of naming the company? Thank you.

Based on the provisions in Clause 1, Article 18 of Decree 01/2021/ND-CP:

The founder of the enterprise or the enterprise itself shall not register a business name that is identical or confusingly similar to the name of another enterprise already registered in the National Database on Business Registration nationwide, except for enterprises that have dissolved or have had effective Court decisions declaring the enterprise bankrupt.

Therefore, when naming the enterprise upon establishment, you need to ensure the above principle.

According to this regulation:

- The Business Registration Office has the authority to approve or reject the proposed registration name of the enterprise in accordance with the law. To avoid duplicate names and confusion, and to comply with regulations on enterprise naming, the opinion of the Business Registration Office is final. In case of disagreement with the decision of the Business Registration Office, the enterprise can file a lawsuit in accordance with the legal provisions on administrative procedures.

- Enterprises operating under an Investment License or Investment Certificate (which simultaneously serves as a Business Registration Certificate) or equivalent legal documents issued before July 1, 2015, may continue using the registered business name and are not required to register for a name change in case of a duplicate or confusingly similar name to an enterprise already registered in the National Database on Business Registration.

- Enterprises are encouraged and facilitated to negotiate amicably for registering a name change in case of duplicate or confusingly similar names.

Sincerely!

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