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The procedure for the operation suspension of branches, representative offices, business locations

22/07/2021
Branches, representative offices and business locations of the company may register to suspend operations in case of poor business performance. In the following article, Siglaw Firm would like to provide basic information on the procedure for registering the operation suspension for branches, representative offices, and business locations of the company.

1. What is suspension? 

Suspension means that an enterprise will suspend its business operations for a certain period due to various reasons such as difficulties in business operations and inability to continue business operations or need time to rearrange work.

2. Application for the suspension of operations for branches, representative offices, and business locations includes: 

  • Notice of suspension of operations for branches, representative offices, and business locations according to the form of Circular No. 01/2021/TT-BKHDT 

  • Notes of the meeting or decision of the owner if it is a limited company. 

  • Decision to suspend business.

  • Letter of attorney for the representative to submit the application 

  • A valid copy of one of the personal identification papers: Citizen identity card, ID card of the representative submitting the application.

3. The procedure for the operation suspension of branches, representative offices, and business locations:

Step 1: Submit your application online at the National Business Registration Portal 

  • The enterprise sends a notice to the Business Registration Office where it has registered its branch/representative office/business location at least 03 days before the suspension. 

  • The Business Registration Office delivers the application receipt to the enterprise after receiving the notice of business suspension of the enterprise.

Step 2: Receive the result 

Within 03 working days from the day on which the valid application is received, the Business Registration Office shall issue a Certificate of the registration for operation suspension.

4. Legal basis

  • Law on Enterprises 2020 dated June 17, 2020, of the National Assembly.

  • Decree 01/2021/ND-CP dated January 4, 2021, of the Government on business registration. 

  • Circular 01/2021/TT-BKHDT dated March 16, 2021, of the Ministry of Planning and Investment guiding on business registration.

For comprehensive support, please contact:

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 


Xem tất cả
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