Calling for Comments on Draft Decree on Enterprise Registration

Dear Members and Friends,

In order to provide better guidance on a number of regulations of the Enterprise Law 2020 and remove bottlenecks during the implementation of Decree No. 01/2021/ND-CP, the MPI recently has issued the Draft Decree on enterprise registration for public comments.

Some key contents of the Draft are as follows:

• Removing regulations on business household registration and regulate a system of forms applicable to enterprise registration;
• Supplementing regulations on the use of personal identification numbers when carrying out enterprise registration procedures;
• Clarifying the dossier component "resolution or decision";
• Supplementing regulations on the legal status of branches, representative offices, and business locations of the enterprises;
• Guidance to the Clause 4, Article 215 of the Law on Enterprises;
• Adding regulations amending Decree No. 31/2021/ND-CP dated March 26, 2021 guiding the Law on Investment;
• Remove regulations on business registration for credit institutions;
• Business registration regulations for branches, representative offices, and business locations of securities companies.

Should you wish to raise any comments on this Draft, please kindly send to the AusCham Advocacy Officer at advocacy@auschamvn.org, (using the enclosed template HERE) by COB Friday 12 Jul 2024 for our further actions.

We herewith enclose the Draft dossier (in Vietnamese) HERE  as follows for your convenience:

• Draft Decree (ver. 01) & its Annex
• Draft Report to the Government (dated 17 June 2024)

Thank you for your cooperation and we look forward to your responses in the due course.