Business Registration Offices are responsible for revoking enterprise registration certificates in Vietnam

According to Article 15 of the Decree No. 01/2021/NĐ-CP of the Government of Vietnam, the tasks and powers of Business Registration Offices are specified as follows:

- The Business Registration Office shall directly receive applications for enterprise registration, examine their validity, issue or reject to issue enterprise registration certificates.

- Provide instructions for enterprises and their founders on required documents and procedures for enterprise registration; provide instructions for district-level business registration authorities on required documents and procedures for registration of household businesses.

- Cooperate in developing, managing and operating the National Enterprise Registration Information System; carry out data standardization and update local enterprise registration data on the National Enterprise Registration Database.

- Provide information about enterprise registration on the National Enterprise Registration Database within the province to the provincial-level People’s Committee, provincial-level Department of Taxation, Anti-money Laundering Department affiliated to the State Bank of Vietnam (SBV) upon its request, and relevant agencies and entities as prescribed by law.

- Request enterprises to report their observance of the Law on Enterprises of Vietnam according to Point c Clause 1 Article 216 of Law on Enterprises of Vietnam.

- Directly carry out inspections or request competent authorities to carry out inspections at enterprises according to their applications for enterprise registration.

- Carry out inspections of district-level business registration authorities for their performance of tasks and powers when following household business registration procedures.

- Request enterprises to suspend conditional business lines or business lines restricted to foreign investors according to Clause 1 Article 67 of the Decree No. 01/2021/NĐ-CP.

- Revoke enterprise registration certificates and certificates of branch/representative office registration in accordance with regulations of law.

- Grant business registration to other entities as prescribed by law.

More details at the Decree No. 01/2021/NĐ-CP of the Government of Vietnam, effective from January 04, 2021.

Le Vy

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