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After the suspension period is over, is it possible to continue to suspend business?

22/07/2021
How many times can an enterprise suspend its business?

According to Clause 1, Article 66 of Decree No. 01/2021/ND-CP, after the expiration of the suspension period, an enterprise has the right to continue to suspend business when there is a need. A compulsory condition when continuing to suspend an enterprise is to notify within 03 working days to the Business Registration Agency where the enterprise's headquarters is located.

Suspension of business for the second time

Additionally, if the enterprise resumes its business ahead of schedule, it must also apply a notification of business resumption.

Thus, an enterprise may suspend its business many times, but each time shall not exceed 02 successive years. The procedure for resumption of business suspension as well as subsequent times are the same as for the first suspension.

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Siglaw legal company limited (Siglaw Firm)

Hotline: +84 967 818 020

Headoffice in Hanoi:

Address: No. 44/A32 - NV13, Glexemco A, Le Trong Tan Street, An Khanh Ward, Hoai Duc District, Hanoi City, Vietnam

Email: hanoi@siglaw.vn

Branch in Central Area:

Address: 177 Trung Nu Vuong Street, Hai Chau District, Da Nang, Vietnam

Ho Chi Minh City Branch:

Address: A9.05 BLOCK A, SkyCenter Building, 5B Pho Quang Street, Ward 2, Tan Binh District, Ho Chi Minh City, Vietnam

Email: hcm@siglaw.vn 


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Siglaw legal company limited
Head Office:
Address: No. 44/A32 - NV13, Glexemco A, Le Trong Tan Street, An Khanh Ward, Hoai Duc District, Hanoi City, Vietnam
Hotline: +84 967 818 020
Email: hanoi@siglaw.vn
 
Branch in Central Area:
Địa chỉ: 177 Trung Nu Vuong Street, Hai Chau District, Da Nang, Vietnam
Hotline: +84 967 818 020
 
Branch in Ho Chi Minh:
Address: A9.05 BLOCK A, SkyCenter Building, 5B Pho Quang Street, Ward 2, Tan Binh District, Ho Chi Minh City, Vietnam
Hotline: +84 967 818 020
Email: hcm@siglaw.vn
 
Free Consultation 24/7: +84 967 818 020