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The procedure for the suspension of business

22/07/2021
Suspension of business is when the enterprise suspends their business operations for a certain period of time due to various reasons such as having difficulties and being unable to resume business operations or needing time to reorganize work.

1. Notification procedure for the suspension of business

According to Article 206.1 of the Law on Enterprises 2020, enterprises shall send a written notification to the business registration authority at least 03 working days before the suspension date or resumption of business before the notified deadline.

Business suspension

Pursuant to Clause 1, Article 66 of Decree No. 01/2021/ND-CP, in case an enterprise requires to continue to suspend business after the notified suspension period, they must notify at least 03 working days before the planned date of suspension

Note: In case a household business suspends their business for 30 days or less, they are not required to implement notification procedure with the business registration Office.

2. Implement procedure:

The notification of business suspension shall be implemented as follows:

  • For enterprises, branches, representative offices and business locations

Place of application: Business Registration Office of the Department of Planning and Investment where the enterprise's head office is located.

  • For household businesses 

Place of application: Department of Finance and Planning under the People's Committee of the district where the household businesses are headquartered.

3. Siglaw's services:

  • Provide consultation on regulations, procedures and conditions for the suspension of business;

  • Provide consultation on responsibilities and rights of enterprises for the suspension business;

  • Draft documents the suspension of business;

  • Represent customers to implement the business suspension procedure at regulatory agencies

  • Results received by customers when using the service of business suspension at Siglaw: A certificate of the enterprise's registration of business suspension.

For comprehensive support, please contact:

Siglaw legal company limited (Siglaw Firm)

Hotline: +84 967 818 020

Headoffice in Hanoi:

Address: Floor 12A Sao Mai building, No. 19 Le Van Luong street, Nhan Chinh Ward, Thanh Xuan District, Hanoi.

Hotline: +84 967 818 020

Email: hanoi@siglaw.vn

Ho Chi Minh City Branch:

Address: 21 N4 street, Commercial service and housing complex at No.16/9 Bui Van Ba street, Tan Thuan Dong Ward, District 7, Hochiminh city.

Hotline: +84 985 982 659

Email: hcm@siglaw.vn 


Xem tất cả
Siglaw legal company limited
Head Office:
Address: Floor 12A Sao Mai building, No. 19 Le Van Luong street, Nhan Chinh Ward, Thanh Xuan District, Hanoi.
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: 21 N4 street, Commercial service and housing complex at No.16/9 Bui Van Ba street, Tan Thuan Dong Ward, District 7, Hochiminh city.
Hotline: 84 967 818 020
Email: hcm@siglaw.vn
 
Free Consultation 24/7: +84 967 818 020