Amending and supplementing regulations on enterprise registration in Vietnam

Amending and supplementing regulations on enterprise registration in Vietnam
Nguyễn Trinh

Recently, the Ministry of Planning and Investment of Vietnam issued Circular No. 02/2019/TT-BKHĐT providing amendments to Circular No. 20/2015/TT-BKHDT providing guidance on enterprise registration.

From March 11, 2019, in case of changes in information about a founding shareholder of a joint stock company, the enterprise shall send a notification to the Business Registration Office of the province where its headquarters is located in accordance with Clause 16 Article 1 of Decree No. 108/2018/NĐ-CP of Vietnam’s Government. Only unlisted joint-stock companies may change their information concerning founding shareholders.

Concurrently, also according to the amendments provided in Circular No. 02/2019/TT-BKHĐT of the Ministry of Planning and Investment of Vietnam, re-issuance of the certificate of registration of branch/representative office/business location shall be done in accordance with Article 58 of Decree No. 78/2015/NĐ-CP and Clause 18 Article 1 of Decree No. 108/2018/NĐ-CP.

Regulations on issuance of Certificate of Business Registration as a replacement for Investment Licenses, Investment Certificates or the equivalent are also amended by Clause 5 Article 1 of Circular No. 02/2019/TT-BKHĐT.

View detailed amendments at Circular No. 02/2019/TT-BKHĐT of the Ministry of Planning and Investment of Vietnam, effective from March 11, 2019.

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