Since the changes in the 2014 Enterprise Law, business lines are no longer a mandatory item in the Business Registration Certificate. Businesses can choose any business line to operate in, except for those on the prohibited list.
However, Clause a, Section 1, Article 32 of this Law stipulates that when a business wants to change or add business lines, Businesses must follow the procedures for notifying the registration of additional or changed business lines in accordance with the required information.
Therefore, Expertis will once again inform your company about the procedures, processes, and deadlines stipulated in the 2014 Enterprise Law to facilitate your business when such issues arise.
Procedure for adding or changing business lines.
Step 1: The business prepares all necessary documents as required.
Component profile
1. Notice of Change to Business Registration I-15 (signed by the legal representative)
2. Written decision on the addition or change of business lines and activities by the Board of Members (signed by the Chairman of the Board of Members). The decision must clearly state the changes made to the company's charter.
3. A certified copy of the minutes of the meeting of the Board of Members regarding the addition or change of business lines and activities (signed by the chairman and the person recording the minutes). The minutes must clearly state the changes made to the company's charter.
4. Original Business Registration Certificate or Business Registration Certificate and Tax Registration Certificate or Business Registration Certificate and Tax Registration Certificate;
5. Table of contents of the file (listed in the order above);
6. File cover (made of thin paper or hard nylon without any writing on it, for other purposes).
7. Applicant Information Form
Number of documents: 01 set
See more: Things to know when registering a business in Vietnam
Step 2: Businesses submit their applications at the Business Registration Office.
Where to register a change in business lines: there are two possible channels.
– Register the changes and submit the documents directly at the Business Registration Office – Department of Planning and Investment where the enterprise's head office is located.
– Through the National Business Registration Portal (www.dangkykinh doanh.gov.vn). Then, submit the application in person at the Business Registration Office.
Step 3: The Business Registration Office checks the validity of the application and processes the business's application.
Based on Clause 3, Article 31 regarding the time limit for processing business registration applications, the 2014 Enterprise Law stipulates:
“The business registration authority is responsible for reviewing the validity of the application and issuing a new business registration certificate within 03 working days from the date of receipt of the application. In case of refusal, the business must be notified in writing. The notification must clearly state the reasons; and any required amendments or additions (if any).”
Step 4: Based on the appointment date on the Receipt, the business goes to the Business Registration Office to receive the results of the application processing or registers to receive the results at their address via postal delivery.
Announcement of changes to business registration information.
After completing the procedures for adding or changing business lines, the enterprise must re-publish the content of its business registration. Specifically, based on Article 33 on the Publication of Business Registration Content, the enterprise is required to:
1. Publicly announce the information on the National Business Registration Portal within the prescribed timeframe.
2. The deadline for publicly disclosing information about businesses is 30 days from the date of publication.
Things to note when carrying out the procedures.
There are two points that businesses need to keep in mind when carrying out procedures to change or add business lines.
1. The legal representative of the enterprise is responsible for notifying changes to the enterprise registration within 10 days from the date of the change. (Based on Clause 2, Article 32)
2. Do not handwrite on application forms; do not use staples to fasten documents (use paper clips); applications and photocopies of personal identification documents, professional certificates, and other supporting documents must be on A4 size paper.
What support will a business receive if it uses Expertis' services? How much will it cost?
Support from Expertis
When your company uses Expertis's service for registering additional or changed business lines, you will receive support with the following issues:
Expertis will handle the entire registration process for the aforementioned changes, from preparing the necessary documents to receiving the approval results from the Business Registration Office.
Expertis works on behalf of the business with all relevant agencies involved in the implementation process.
Providing advice on the legality of the business lines that the company wishes to add or change.
Treatment cost
1. Fees payable to the government
► 200.000 VND Fees for submitting applications to add new business lines and issuing new business line certificates to the Department of Planning and Investment.
► 300.000 VND Fees for publishing information about adding business lines on the national portal.
2. Expertis service fees:
The entire process starts from just 1 million VND!
Special offer: 50% discount on service fees for businesses that also utilize Expertis' comprehensive accounting services.
