Things people should pay attention on business registration application in Vietnam

Preparing documents is one of the mandatory and very important steps when conducting business registration procedures in Vietnam. Accordingly, the person preparing the business registration dossier should pay attention to the following issues.

đăng ký doanh nghiệp, Nghị định 01/2021/NĐ-CP

1. Composition and quantity of enterprise registration dossiers:

Dossier composition: Enterprise registration dossiers for each type of enterprise specified in Chapter IV of the Decree No. 01/2021/ND-CP of the Government of Vietnam include for private enterprises; partnerships; limited liability companies with two or more members, joint-stock companies; one member limited liability company; the company is established on the basis of division, separation or consolidation; cases of enterprise transformation; register to establish a business on the basis of conversion from business households.

Number of dossiers: According to Clause 1 Article 9 of the Decree No. 01/2021/ND-CP, each enterprise or its founder shall submit 01 application for enterprise registration.

Note: The business registration authority is not allowed to request the enterprise or its founder to submit more applications or documents other than those in the application for enterprise registration in accordance with regulations of the Law on enterprises of Vietnam and the Decree No. 01/2021/ND-CP.

2. Language used in application for enterprise registration

The Decree No. 01/2021/ND-CP stipulates language used in application for enterprise registration as follows:

- Any documents included in an application for enterprise registration must be made in Vietnamese.

- Any documents made in foreign language must be accompanied by their notarized Vietnamese translations.

- If a document is made in both Vietnamese and foreign language, the Vietnamese version shall be submitted.

Thus, the business registration application must be in Vietnamese. Previously, the Decree No. 78/2015/NĐ-CP did not specify this issue.

3. Personal legal documents included in application for enterprise registration

- For a Vietnamese citizen: unexpired citizen identity card or ID card or Vietnamese passport.

- For a foreigner: unexpired foreign passport or an equivalent document.

Provisions on personal legal documents included in application for enterprise registration of the Decree No. 01/2021/ND-CP have not changed compared to the Decree No. 78/2015/NĐ-CP of the Vietnam Government.

Thuy Tram

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