Procedures for changing business registration for private enterprises

Procedures for changing business registration for private enterprises is a process to update information about private enterprises with competent state agencies. This ensures legality and transparency in business operations. This article will provide detailed information about documents and procedures for changing business registration for private enterprises.

Cases of changing business registration for private enterprises

Private enterprises change their business registration in the following cases:

Register to change the content of the Business Registration Certificate:

• Change business name.
• Change business headquarters address.
• Change of business owner.
• Change in investment capital.

Notice of change in business registration content:

• Changing and supplementing business lines and professions.
• Change tax registration information.
• Change tax registration content.
• Update and supplement business registration information.

Documents for changing business registration for private enterprises

Documents that need to be prepared depend on the content of the business registration change:

1. Notice of change in business registration content (form Appendix II-1 issued together with Circular 01/2021/TT-BKHDT) signed by the legal representative of the enterprise (except in the case of changing the owner of a private enterprise).
2. Authorization document for the person to submit the application and receive the results if not the legal representative submitting. This document is not required to be notarized or authenticated.
3. Valid copy of one of the personal identification documents of the person authorized to perform the procedure (if any):

• For Vietnamese citizens: Citizen identification card or ID card or valid Vietnamese Passport.
• For foreigners: Foreign passport or valid document replacing a valid foreign passport.

Particularly for changing owners of private enterprises, the following documents need to be prepared:

• Notice of change of private enterprise owner (form Appendix II-3 issued with Circular 01/2021/TT-BKHDT).
• Valid copies of personal identification documents of the buyer, recipient, or business heir.
• Sales contract or documents proving completion of the sale in case of sale of a private enterprise; Donation contract in case of donation to a private enterprise; Copy of document certifying the legal inheritance rights of the heir in case of inheritance.

Procedures for changing business registration for private enterprises

Step 1: Submit application

Submit application through one of the following methods:

• Submit directly or via postal service at the business registration office where the enterprise is headquartered;
• Or submit your application online at the National Business Registration Portal at: https://dangkykinhdoanh.gov.vn) and pay fees and charges (if any) and receive a receipt for processing the application.

Step 2: Process documents and issue business registration certificate

Within 03 working days from the date of receiving the dossier, the business registration agency completes the resolution and returns the results if the dossier is valid. In case the application is not valid, the Business Registration Authority must notify in writing the content that needs to be amended or supplemented to the applicant.

Note: The procedures and documents described above apply in case of changing the registration content on the business registration certificate of a private enterprise. As for the remaining cases, depending on each specific change, notification procedures will be carried out to separate competent authorities.

>>> See more: Register to Change Head Office Address of Private Enterprise.

Consulting services on procedures for changing business registration for private enterprises

Long Phan Consulting Company provides consulting services on procedures for changing business registration for professional private enterprises. Our services include:

• Detailed advice on cases of changing business registration.
• Draft and complete business registration change documents.
• Consulting on procedures for changing business registration for private enterprises.
• Submit documents and monitor the resolution process at the competent authority.
• Representing customers in working with state agencies when required.
• Update information and advise on issues that arise during the process of changing the business registration content of private enterprises.

Frequently asked questions about changing business registration for private enterprises

Customers can refer to the frequently asked questions below:

What business registration contents can private enterprises change?

Private enterprises can change the business name, headquarters address, owner, investment capital, business lines, tax registration information and update and supplement business registration information.

Where can I submit an application to change my business registration?

You can submit your application directly at the business registration office where your business is headquartered, via postal service or online through the National Business Registration Portal.

How long does it take to process a business registration change application?

The processing time for documents is 03 working days from the date the business registration agency receives all valid documents.

Is it required to notarize the authorization document when submitting the application?

Optional. Authorization documents do not necessarily need to be notarized or authenticated.

What special documents are needed when changing ownership of a private enterprise?

Need notice of change of private business owner, copy of personal identification documents of buyer/donee/heir, sale/donation contract or document confirming legal inheritance rights.

How are procedures for changing business lines carried out?

For changes in business lines, private enterprises will carry out procedures to notify changes to the competent authority.

Can I submit my application online?

Yes, you can apply online through the national business registration portal.

What should you keep in mind when changing the address of a private enterprise’s headquarters?

Enterprises need to notify the change of headquarters address to the business registration agency, and carry out procedures to change tax-related information.

What are the risks that may be encountered when performing procedures to change business registration yourself?

Possible risks are that documents are returned multiple times, consuming a lot of time and travel costs. If you do not have legal experience, you may not comply with the requirements of state agencies.

Can a private enterprise authorize any individual to carry out procedures to change business registration on its behalf?

Private enterprises can authorize individuals who have full civil capacity to carry out administrative procedures.

Conclude

Changing business registration for private enterprises requires accuracy and compliance with the law. Long Phan Consulting Company with extensive experience and expertise, is ready to support customers in all related procedures. Please contact us via the hotline: 0906735386 for detailed and professional advice.