Re-issuance of business license to foreign-invested economic organization

1. SUBJECTS TO APPLY FOR BUSINESS LICENSE

A business license shall be re-issued to a foreign-invested economic organization in one of the following cases:

  • Relocating the headquarters from a province to another province.
  • The business license is lost or damaged.

Legal basis: Article 17 of Decree No. 09/2018/ND-CP.

 2. SEQUENCE

  • Step 1: Preparing the required dossier.
  • Step 2: Submitting
  • In case re-issuance business license due to relocating the headquarters from a province to another province

Within 10 working days from the date on which the modified business registration certificate is obtained, a foreign-invested economic organization shall apply in person, by post, or via the Internet to the Department of Industry and Trade of the province to which the headquarters is relocated.

  • In case re-issuance business license due to being lost or damaged:

A foreign-invested economic organization shall apply in person, by post, or via the Internet to the Department of Industry and Trade of the province to which the headquarters is relocated.

  • Step 3: The Department of Industry and Trade receives the application

Within 3 working days from the date on which the application is received, the Department of Industry and Trade shall verify it and request necessary modifications if it is inadequate or unsatisfactory.

  • Step 4: Get results

Within 5 working days from the date on which an adequate and satisfactory application is received, the Department of Industry and Trade shall re-issuance a business license; if the application is refused, it shall explain in writing.

Note:

Within 5 working days from the date on which the business license is re-issued, the foreign-invested business entity, in case of relocating the headquarters as prescribed in clause 1 Article 17 of Decree No. 09/2018/ND-CP, shall return the former business license to the Department of Industry and Trade of the province from which the headquarters is relocated.

 Legal basis: Article 19 of Decree No. 09/2018/ND-CP.

 3. PROFILE COMPOSITION AND QUANTITY

Pursuant to Article 18 of Decree 09/2018/ND-CP, an application for re-issuance a business license shall include:

No. Name Reference form, declaration Quantity
1 A written request for re-issuance of the Business License (Form No.03 in the Appendix issued with Decree No. 09/2018/ND-CP dated January 15, 2018).

Form No.03 in the Appendix issued with Decree No. 09/2018/ND-CP.

Original:1

Copy: 0

2 Business Registration Certificate (in case of re-issuance due to relocating the headquarters from a province to another province). Original:0

Copy: 1

  • Quantity: 01 (one) set.

4. PROCESSING TIME

05 working days from the date on which an adequate and satisfactory application.

NOTE:

  • According to clause 2 Article 70 of Decree No. 98/2020/ND-CP dated August 26, 2020: a foreign-invested economic organization shall be subject to a fine of up to VND 30,000,000 when it fails to carry out procedures for re-issuance in case its business license is lost, torn, damaged, burned or otherwise destroyed.
  • Therefore, to avoid incurring unnecessary fines, when detecting that a business license is lost or damaged, a foreign-invested economic organization must carry out procedures for re-issuance of a business license in accordance with the law.
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