What is enterprise identification number? Regulations on enterprise identification number in Vietnam

What is enterprise identification (EID) number?

Based on the provisions of the Law on Enterprises 2020, EID number is a serial number generated by the National Enterprise Registration Information System, issued to the enterprise when it is created and written on the Certificate of Enterprise Registration. Each enterprise shall have a sole EID number, which must not be issued to any other enterprise.

In particular, the EID number shall be used for paying taxes, following administrative procedures, exercising and performing other rights and obligations. Enterprises include:

- A state-owned enterprise means an enterprise more than 50% charter capital or voting shares of which is held by the State as prescribed in Article 88 of the Law on Enterprises 2020.

- A Vietnamese enterprise means an enterprise that is registered in accordance with Vietnam’s law and has its headquarters located within Vietnam.

What is enterprise identification number? Regulations on enterprise identification number in Vietnam (Internet image)

Regulations on enterprise identification number in Vietnam

- Each enterprise is issued with a single enterprise ID number. This number is also the enterprise’s taxpayer identification number (TIN) and social insurance participant’s code.

- The enterprise ID number exists throughout its operation and shall not be issued to any other entity. When an enterprise ceases to operate, the enterprise ID number will be invalidated.

- Enterprise ID numbers are created, sent and received automatically by the National Enterprise Registration Information System, tax registration information system, and written on enterprise registration certificates.

- Regulatory agencies shall uniformly use enterprise ID numbers to perform state management tasks and exchange information about enterprises.

- ID numbers of an enterprise’s affiliates are issued to the enterprise’s branches and representative offices. These numbers are also TINs of branches and representative offices.

- ID number of a business location is a series of 5 digits from 00001 to 99999. This number is not TIN of the business location.

- In case the TIN of the enterprise, or its branch or representative office is invalidated as a result of its commission of tax offences, this TIN must not be used in business transactions from the day on which the TIN invalidation is announced by the tax authority.

- With regard to branches and representative offices that are established before November 01, 2015 but have not had their own ID numbers, the enterprise shall directly contact the tax authority to be issued with a 13-digit TIN, and then follow procedures for change of the registration information at the business registration authority as prescribed.

- Enterprise ID numbers of enterprises that are established and operating under the investment license or investment certificate (also the business registration certificate) or another document of equivalent validity, or securities trading license shall be their TINs issued by tax authorities.

Pursuant to: Article 8 of Decree 01/2021/ND-CP

Mai Thanh Loi

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