From January 04, 2021, the Decree No. 01/2021/NĐ-CP on enterprise registration in Vietnam will take effect, according to which people are not required to submit paper application when performing online enterprise registration using business registration account.
Article table of contents
Previously, according to Article 38 of the Decree No. 78/2015/NĐ-CP of the Government of Vietnam regulating the procedures for online enterprise registration using business registration account, after receiving the notification, the legal representative shall submit a paper application for enterprise registration enclosed with the confirmation slip to Business Registration Office, whether directly or by post. After receiving the paper application, the Business Registration Office shall compare documents therein with the documents submitted online and issue the certificate of enterprise registration if they are consistent. If the Business Registration Office does not receive the paper application within 30 days from the day on which the notification of issuance of the certificate of enterprise registration is sent, the online application is no longer valid.
Thus, previously, when performing online enterprise registration using business registration account, the legal representative is obliged to submit a paper application after receiving the notification of issuance of the certificate of enterprise registration for the issuance of enterprise registration certificate of the Business Registration Office.
However, from January 11, 2021, according to Article 45 of the Decree No. 01/2021/NĐ-CP of the Government of Vietnam, the procedures for online enterprise registration using business registration account has been changed. According to this Article, after the application is sent, the applicant will receive a confirmation slip. If the application is satisfactory, the Business Registration Office shall issue the enterprise registration certificate and notify it to the applicant. If the application is not satisfactory, the Business Registration Office shall send an online notification of necessary revisions to the applicant.
Therefore, from 2021, when performing online enterprise registration using business registration account, the enterprise is no longer required to submit the paper application to the Business Registration Office. This provision has simplified the procedures, making the procedures for online enterprise registration using business registration account more convenient and quickly.
However, individuals who want to do online enterprise registration also need to pay attention to the requirements for registration documents so that the application is valid, avoiding the requirement of competent agencies for revisions which is time-wasted and effort-wasted. An online application for enterprise registration shall be accepted if it meets all of the following requirements:
- There are sufficient electronic documents with complete contents as paper documents. Names of electronic documents must be relevant to names of paper documents.
- Enterprise registration information provided on the National Business Registration Portal must be adequate and accurate as that in paper documents.
- An online application for enterprise registration must be authenticated with a public digital signature or business registration account of the person competent to sign the application form for enterprise registration or his/her authorized person.
Duc Thao
- Key word:
- Decree No. 01/2021/NĐ-CP
