Notice of Business Suspension and Resumption for Cooperative Groups

The procedure for Notice of Business Suspension and Resumption for Cooperative Groups is an important basis helping cooperative groups proactively adjust production and business activities suitable to actual conditions. Cooperative groups need to strictly follow regulations on dossiers and notification procedures. This article summarizes current regulations and provides specific instructions to help clients perform the procedure quickly and lawfully.

In cases where a cooperative has to notify authorities of a temporary suspension of business, it may resume business before the scheduled date.

Based on Clause 1, Article 62 of Decree 92/2024/ND-CP:

• Notification Deadline: Cooperative groups must notify the competent authority at least 03 working days before the date of suspension or resumption (if resuming business before the announced deadline).
• Extension: If the cooperative group wishes to continue suspension after the expired term, it must notify the authority at least 03 working days before the continuation date.
• Duration: The suspension period of each notification shall not exceed 12 months.

The competent authority receives applications for notification of temporary suspension of business and resumption of business for cooperatives.

According to Clause 1, Article 62 of Decree 92/2024/ND-CP (amended by Clause 1, Article 35 of Decree 125/2025/ND-CP), the authority competent to receive the dossier is the Commune-level Business Registration Agency where the cooperative group is headquartered.

Documents required for the procedure of notifying temporary suspension of business and resuming business for cooperatives.

Legal documents serve as the basis for state agencies to review and record the operational status of cooperatives in the national database system. Therefore, cooperatives need to prepare all necessary documents. Below is a detailed guide on the required documents for each case:

Documents that a cooperative needs to prepare when notifying of temporary business suspension.

Based Business on Clause 2, Article 62 of Decree 92/2024/ND-CP, the dossier includes:

• Notice of Business Suspension.
• Copy or Original Minutes of the meeting of cooperative group members regarding the business suspension.

Documents that cooperatives need to prepare when resuming business operations.

The cooperative group only needs to prepare:

• Notice of Business Resumption ahead of schedule.
• Content: Clearly state the official date of resumption.

Notes on preparing documents for notifying the temporary suspension or resumption of business operations of a cooperative.

• Online Submission: Dossiers must be electronic documents with legal validity equivalent to paper dossiers.
• Authorization: If authorizing another individual, a Power of Attorney (notarization not required) must be attached.

Procedures for notifying the temporary suspension and resumption of business operations of a cooperative.

The procedure follows Clause 3, Article 62 of Decree 92/2024/ND-CP and can be performed via two methods:

Procedures for notifying the temporary suspension and resumption of business operations of cooperatives in the case of direct registration.

Step 1: Submit the dossier to the Commune-level Business Registration Agency and receive a receipt. 

Step 2: Within 03 working days from receiving a valid dossier, the agency issues a Confirmation of Business Suspension or Confirmation of Business Resumption.

Procedures for notifying the temporary suspension and resumption of business operations of cooperatives when registering online.

Step 1: Access the Cooperative Registration Information System using an electronic identity account. Declare information, upload documents, digitally sign, and pay fees. A receipt is issued to the account. 

Step 2: Information is transmitted to the Tax Registration System for coordination.

Result: If eligible, the agency issues the Confirmation (paper or electronic). If invalid, an electronic notice requesting amendments is sent.

Long Phan Consulting provides consulting services on procedures for notifying temporary suspension of business operations and resuming business operations for cooperatives.

Long Phan Consulting Company provides comprehensive support services for Notice of Business Suspension and Resumption for Cooperative Groups:

• Consulting & Evaluation: Assessing the notification dossier.
• Dossier Preparation Support: Assisting in preparing documents (Notice, Meeting Minutes) according to regulations.
• Representation: Submitting the dossier to the competent state agency.
• Monitoring & Explanation: Tracking progress and working directly with agencies to explain the dossier.
• Supplementation: Handling requests for additional information.

>>> See more: Notification and Registration of Enterprise Change: Distinction Guide

Frequently Asked Questions

Below, Long Phan Consulting provides some frequently asked questions related to the procedures for notifying the temporary suspension and resumption of business operations for cooperatives. We invite interested clients to refer to this information:

What is the maximum suspension period? Can it be extended?

The maximum period for each notification is 12 months. It can be extended multiple times consecutively, but notification must be sent at least 03 working days before the continuation date. (Legal Basis: Clause 1, Article 62, Decree 92/2024/ND-CP).

Are tax and debt obligations exempted during suspension?

No. The group must still pay outstanding taxes and social insurance, pay debts, and fulfill contracts with customers/employees unless otherwise agreed. (Legal Basis: Clause 4, Article 62, Decree 92/2024/ND-CP).

Does the Resumption Notice require meeting minutes?

No. Unlike the suspension dossier, the resumption notice (ahead of schedule) does not require attached meeting minutes. (Legal Basis: Clause 2, Article 62, Decree 92/2024/ND-CP).

Must I notify if resuming exactly on the previously announced date?

No. You only need to notify if you resume business ahead of schedule (earlier than the date stated in the previous suspension notice). (Legal Basis: Clause 1, Article 62, Decree 92/2024/ND-CP).

When is the notification considered late?

It must be sent at least 03 working days before the expected date. Sending after this deadline may be considered a violation of business registration regulations.

Conclusion

The Notice of Business Suspension and Resumption for Cooperative Groups requires accuracy regarding deadlines and dossier components. To ensure compliance and legal rights, please contact Long Phan Consulting Company via Hotline 1900.63.63.89 for timely and professional legal support.