Apply new form in enterprise registration application from May 1, 2021

Vietnam: Apply new form in enterprise registration application from May 1, 2021

From the effective date of Circular No. 01/2021/TT-BKHDT (May 1, 2021), the forms in the enterprise registration application specified in the appendix issued together with Circular No. 01/2021/TT-BKHDT is hereby applied nationwide.

According to Mr. Huynh Van Toan (HCMC), Decree No. 122/2020/ND-CP dated October 15, 2020, of the Government, stipulates the coordination of the procedures for registration of enterprises, branches, and representative offices, declaration of the use of labor, issuance of the registration number of units participating in social insurance, registration of the use of invoices of the enterprise which has issued several business registration forms.

In addition, Circular No. 01/2021/TT-BKHDT dated March 16, 2021, guiding business registration, issued 98 forms on business registration and other procedures.

However, currently, according to Mr. Toan, he has checked many relevant legal regulations and found out that there is no document to cancel the samples in Decree No. 122/2020/ND-CP yet.

Will the people and businesses apply the form in Circular No. 01/2021/TT-BKHDT or Decree No. 122/2020/ND-CP when applying for a business registration application?

Regarding this issue, the Business Registration Management Department, the Ministry of Planning and Investment responded to this issue as follows:

In order to continue to create favorable conditions for enterprises in the context that many production procedures and business activities are affected by the Covid-19 epidemic, the Government has directed the Ministry of Planning and Investment to develop a Government Decree which aims to regulate the integration of procedures: Grouping the procedure of registration of social insurance, labor declaration, and registration of using invoices into business registration procedures.

Apply new form in enterprise registration application from May 1, 2021

Following the direction of the Government, the Ministry of Planning and Investment has drafted and submitted to the Government for promulgation Decree No. 122/2020/ND-CP dated October 15, 2020, regulating the coordination and interconnection of registration procedures regarding enterprise registration, branch, or representative office, the declaration of the use of labor, the issuance a code of the unit participating in social insurance, the registration of the use of invoices of the enterprise. 

When will the laws come into effect?

To implement Enterprise Law No. 59/2020/QH14, Investment Law No. 61/2020/QH14 (effective from January 1, 2021), the Government issued Decree No. 01/2021/ Decree-CP dated January 4, 2021, on business registration, takes effect from the date of signing.

Clause 1, Article 101 of Decree No. 01/2021/ND-CP stipulates: “The Ministry of Planning and Investment shall issue the form to apply in enterprise registration according to the provisions of this Decree”.

Pursuant to the above provisions, on March 16, 2021, the Ministry of Planning and Investment issued Circular No. 01/2021/TT-BKHDT guiding business registration. This Circular takes effect from May 1, 2021.

From the effective date of Circular No. 01/2021/TT-BKHDT, the forms in enterprise registration specified in the appendix issued together with Circular No. 01/2021/TT-BKHDT shall be exercised nationwide.

ASL LAW is the top-tier Vietnam law firm for doing business in Vietnam. If you need any advice, please contact us for further information or collaboration.

    CONTACT

    Your infomation


    ***Other service of ASL LAW – full service Vietnam law firm ***
    Retainer service to enterprises International trademark registration
    Oversea investment consultancy for Vietnamese enterprisesPatent in Vietnam
    PCT Patent in Vietnam PCT Patent Vietnam Entry
    Intellectual property services (Vietnam IP Firm) Vietnam Patent Agent
    Trademark in Vietnam Vietnam Patent Firm
    Vietnam Trademark Agent Patent translation in Vietnam
    How to register trademark in Vietnam Vietnam Patent Translation Agent
    Copyright in Vietnam Vietnam IP Firm
    Vietnam Trademark Vietnam IP Agent
    Notes to company formation in VietnamM&A
    How to open company in VietnamBanking & financial services
    Open representative office in VietnamContract consultancy
    Establish company in VietnamEmployment and labor
    Corporate services in VietnamLitigation and dispute resolution
    Vietnam Law FirmFranchise in Vietnam
    Vietnam Antidumping Law Firm Vietnam Franchise registration
    Vietnam countervailing law firm Vietnam Business Law Firm
    Vietnam Real estate law firm Vietnam construction law firm
    Law firm in Hanoi Law Firm in Ho Chi Minh
    Contact Me on Zalo
    +84366667697
    WhatsApp chat