Mazars Vietnam Tax and Legal Updates July 2015

We would like to highlight to our valued clients some important updates regarding business registration procedures, these updates came with the official release of the complete list of 267 conditional business sectors and Official letter no. 4211/BKHĐT-ĐKKD by Vietnam’s Ministry of Planning and Investment (MPI).

Recently, there have been some noteworthy legal developments related to business registration in Vietnam. The MPI has officially published the complete list of 267 conditional business sectors, each of which is accompanied by a detailed list of business conditions. Additionally, the MPI has issued Official letter no. 4211/BKHĐT-ĐKKD with temporary guidance on business registration procedures. The Official letter has mentioned some key areas such as registration process; establishment of branches, representative offices, and business locations; enterprise seal; business suspension and re-operation before due date; simplification of liquidation process; liquidation of branch and representative office; and application of business registration certificate for current foreign invested enterprise.

We hope that you may find these updates relevant and useful for business. Please feel free to contact our team should you need further clarifications or assistance.