Decree 01 / 2021 / ND-CP Regulations on business registration, including the abolition of some unnecessary administrative procedures related to business registration in 2021, most notably the regulations on company seals.
Businesses will no longer need to notify authorities about the use, changes, or cancellation of their company seal.
Specifically, the new regulations on corporate seals in the 2020 Enterprise Law have removed the provision: "Before use, enterprises are obligated to notify the business registration authority of the seal design for public posting on the National Business Registration Portal."
Accordingly, the regulations regarding company seals only include the following contents:
- The seal includes seals made at seal-making establishments or seals in the form of digital signatures as prescribed by law on electronic transactions.
- Businesses decide on the type, quantity, form, and content of the seals for the business, its branches, representative offices, and other units.
- The management and safekeeping of the seal shall be carried out in accordance with the company's charter or regulations issued by the enterprise, branch, representative office, or other unit of the enterprise that possesses the seal.
- Businesses use seals in transactions in accordance with the law.
Businesses do not need to affix a seal to their business registration documents.
Regarding the use of corporate seals, Clause 5, Article 4 of Decree 01/2021/ND-CP stipulates:
Businesses are not required to affix a seal on business registration applications, notices of changes to business registration details, resolutions, decisions, or meeting minutes in their business registration dossiers.
The stamping of other documents in the business registration file shall be carried out in accordance with relevant legal regulations.
