Recently, the Government of Vietnam issued Decree No. 63/2011/NĐ-CP detailing and guiding a number of articles of the Law on Commercial Arbitration.
According to Article 11 of Decree No. 63/2011/NĐ-CP of Vietnam’s Government, when wishing to change their names or fields of operation, arbitration centers shall send dossiers of application for change of their names or fields of operation to the Ministry of Justice.
A dossier of application for change is a set of the following papers:
+ An application for modification of the establishment license;
+ The original establishment license of the arbitration center and papers relevant to the modification (if any).
- Within 15 working days after receiving an arbitration center’s dossier, the Ministry of Justice shall notify in writing its approval or disapproval of proposed changes. In case of disapproval, it shall reply in writing, clearly stating the reason.
- Within 15 working days after the document approving the modification of its license takes effect, an arbitration center shall register the modification with the provincial-level Justice Department with which it has registered its operation. The provincial-level Justice Department with which the modification is registered shall record changed contents in the operation registration paper of the center.
A dossier of application for registration of modified contents is a set of the following papers:
+ An application for modification of the operation registration paper;
+ The original operation registration paper;
+ A certified copy of the establishment license of the arbitration center; in case of submission of a copy, the original is required for comparison.
- An arbitration center that changes its at-law representative or removes its head office within a province or central-affiliated city shall, within 7 working days after effecting the change, notify in writing the change to the Ministry of Justice and send a dossier of change in a registered content to the provincial-level Justice Department with which it has registered its operation.
In case of removal of its head office to another province or central-affiliated city, an arbitration center shall send a notice of removal to the provincial- level Justice Department that has granted the operation registration paper and send a dossier for operation registration to the provincial-level Justice Department of the locality in which its new head office is located.
View more details at Decree No. 63/2011/NĐ-CP of Vietnam’s Government, effective from September 20, 2011.
Thuy Tram
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