Vietnam: Requirements for online business registration application 2021

According to Article 43 of Vietnam's Decree 01/2021/ND-CP, 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. The person competent to sign the application form for enterprise registration, members, founding shareholders, shareholders that are foreign investors or other individuals that sign documents included in the application for enterprise registration may use digital signatures to sign electronic documents or append their signatures to paper documents which then shall be scanned in the formats prescribed in Clause 2 of this Article;

• Enterprise registration information provided on the National Business Registration Portal must be adequate and accurate as that in paper documents, and includes information about telephone number and email address of the applicant;

• An online application for enterprise registration must be authenticated with public digital signature or business registration account of the person competent to sign the application form for enterprise registration or his/her authorized person. In case of authorization to following procedures for enterprise registration, the application for enterprise registration must include the documents specified in Article 12 hereof.

• Electronic documents can be in “.doc” or “.docx” or “.pdf” format.

More details can be found in Vietnam's Decree 01/2021/ND-CP, effective from January 1, 2021, replacing Vietnam's Decree 78/2015/ND-CP.

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