Decree No. 78/2015/ND-CP dated September 14, 2015 of the Government on enterprise registration

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Decree No. 78/2015/ND-CP dated September 14, 2015 of the Government on enterprise registration
Issuing body: GovernmentEffective date:
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Official number:78/2015/ND-CPSigner:Nguyen Tan Dung
Type:DecreeExpiry date:
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Issuing date:14/09/2015Effect status:
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Fields:Enterprise

SUMMARY

The time for granting an enterprise registration certificate is shortened to 03 working days

 

The time for granting an enterprise registration certificate is shortened from 05 working days to 03 working days after receiving a valid dossier is one of the important contents prescribed at the Decree No. 78/2015/ND-CP dated September 14, 2015 of the Government on enterprise registration and takes effect on November 01, 2015.

Organizations and individuals may choose to make online enterprise registration. An online enterprise registration dossier is valid when containing sufficient papers which are fully filled in under regulations applicable to paper dossiers and having been converted into electronic files. These electronic files shall be named consistently with those of paper documents; enterprise registration information is fully and accurately input according to electronic files and the online enterprise registration dossier is authenticated with public digital signatures or business registration accounts of the at-law representative of the enterprise.

When an enterprise carries out procedures for business suspension, it shall also send a notice of suspension of its branch, representative office or business location to the business registration section with which the branch, representative office or business location has made registration. In case an enterprise or a branch, representative office or business location suspends its business or resumes its business ahead of the notified schedule, it shall send to the business registration section with which the enterprise or its branch, representative office or business location has made registration at least 15 days before the date of business suspension or resumption. The business suspension period must not exceed one year. After this notified period, if the enterprise or its branch, representative office or business location still suspends its business, it shall send another notice thereof to the business registration section. The total period of continuous business suspension must not exceed two years.
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THE GOVERNMENT

 
No. 78/2015/ND-CP
THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
 
Hanoi, September 14, 2015
 
DECREE
On enterprise registration[1]
 
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the November 26, 2014 Law on Enterprises;
Pursuant to the November 26, 2014 Law on Investment;
Pursuant to the November 29, 2006 Law on Tax Administration;
Pursuant to the November 20, 2012 Law Amending and Supplementing a Number of Articles of the Law on Tax Administration;
Pursuant to the June 16, 2010 Law on Credit Institutions;
At the proposal of the Minister of Planning and Investment,
The Government promulgates the Decree on enterprise registration.
Chapter I
GENERAL PROVISIONS
Article 1.Scope of regulation
This Decree prescribes in detail dossiers, the order and procedures for registration of enterprises and business households; and business registration agencies and agencies performing state management of enterprise registration.
Article 2.Subjects of application
This Decree applies to the following subjects:
1. Domestic organizations and individuals and foreign organizations and individuals that make enterprise registration in accordance with Vietnam’s law.
2. Individuals, groups of individuals and households that make business household registration under this Decree.
3. Business registration agencies.
4. Tax agencies.
5. Other organizations and individuals involved in enterprise registration.
Article 3. Interpretation of terms
In this Decree, the terms below are construed as follows:
1. Enterprise registration means registration by an enterprise founder of information on the to-be-established enterprise or by an enterprise of changes or expected changes in enterprise registration information with the business registration agency which shall be stored on the national enterprise registration database. Enterprise registration includes registration of establishment of enterprise, registration of changes in enterprise registration contents and other compulsory registration and notification prescribed in this Decree.
2. National enterprise registration information system means a specialized enterprise registration information system developed and operated by the Ministry of Planning and Investment in coordination with related agencies to transmit, receive, store, display or otherwise process data for enterprise registration.
3. National enterprise registration portal means an electronic portal for organizations and individuals to make online enterprise registration, access enterprise registration information and announce enterprise registration contents, and for the grant of enterprise registration certificates by business registration agencies.
4. National enterprise registration database means a collection of data on enterprise registration nationwide. Information in enterprise registration dossiers and on the legal status of enterprises stored in the national enterprise registration database is as legally valid as original information on enterprises.
5. Online enterprise registration means enterprise registration by enterprise founders or enterprises via the national enterprise registration portal.
6. Dossier for online enterprise registration means an enterprise registration dossier submitted via the national enterprise registration portal, comprising the same documents as required for a paper dossier and converted into electronic files. A dossier for online enterprise registration is as legally valid as a paper one.

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