86 new business registrations forms and templates are available for use

This is the highlight of the Circular No. 02/2019/TT-BKHDT amending and supplementing certain articles of the Circular No. 20/2015/TT-BKHDT dated December 1, 2015.

Specifically, this Circular provides 86 forms and templates designed for use to apply for registration of enterprises or business households, including:

- 5 application forms for enterprise registration and 5 attached sample lists such as List of shareholders, partnership members and representatives;

- 25 sample notifications and other documents issued by enterprises of their own accord;

- 6 forms and templates specially designed for business households;

- 45 sample documents required to be prepared for submission to business registration authorities;

In addition, this Circular provides certain appendices intended for business registration, including:

- List of alphabets and symbols used for naming of enterprises/affiliates of enterprises/business locations/business households;

- Codes of provinces or districts used in registration of business households;

- Letter fonts, sizes and types used in paper forms.

Forms and templates stated above must be consistently used nationwide and will replace forms and templates annexed to Circular No.20.

The Circular No. 02/2019/TT-BKHDT will take effect on March 11, 2019.

-Thuvienphapluatvn-

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Some Amendments to Business Registration As of October 10th, 2018 by Decree 108/2018/ND-CP

Decree 108/2018/ND-CP amending and supplementing a number of articles of Decree 78/2015/ND-CP effective from 10/10/2018, has stipulated new points of business registration.

The new decree stipulates clearly some contents on procedures of business registration, especially not needing to seal on the business registration documents and clarifying the power of attorney for individuals to establish an enterprise without notarization or certification in Article 1.1, 1.2 of Decree 108/2018/ND-CP.Since previously there were no regulations on this issue, competent authority required seal business registration documents and notarize or certify power of attorney to ensure valid documents, which caused difficulties when carrying out procedures. This new regulation will receive more support and solve practical problems.

Previously an enterprise may only establish its business locations within the provinces in Vietnam in which its headquarters or branches are located. It means that in case establishing another business location where headquarters or branches are not located, the enterprise must implement two procedures: establishing a branch and establishing a business location, but procedures and dossiers for establishment of branches are more complex than establishment of business locations. Now, enterprises are allowed to directly set up business locations in any province in Vietnam without headquarter or branch. It facilitates enterprises to expand scope of business, save expenses and reduce the workload for the enterprise.

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