Notice on change of investment capital of private company owner

a) Implementation order:

·        In case of increasing or decreasing investment capital registered, the private business owner has to send notice on changes to where the enterprise has registered within 10 days from the date of changing.

·        Contents of the notice includes:

a.  Name, Business code, tax code or number of the enterprise registration certificate (excluding company that does not have Business code, tax code)

b.  Investment capital level registered, capital level registered to change and time for changing investment capital;

c.  Full name and signature of the private company owner

·        When receiving the notice, the business registration office shall give the receipt, check the validity of documents, supplement or change the information on the lines of business of the company in the national database of registered company. In case of requirements of the company, the business registration office shall issue Certificate of changing content of enterprise registration to the company.

·        If the notice of supplementing and changing business lines is invalid, the business registration office will notice the company for supplementing and amending the contents of the notice within 03 working days.

·        If the company does not notify these changes, the company will be penalized in according to the law on sanctioning of administrative violations in the field of planning and investment.

b) Implementation method: 

The company or authorized representative submits the Notice of changing content of enterprise registration directly at the business registration office where the company has registered or legal representative submits the Notice of changing content of enterprise registration via internet under procedure defined in National Information Portal of enterprise registration.

c) Documents:

·        Notice of changing content of enterprise registration (Annex II-1, Circular No. 20/2015/TT-BKHDT);

d) Number of documents: 01 set.

đ) Time limit for settlement: Within three (03) working days after receiving valid documents.

e) Implementing agency: The Business Registration Office – The Department of Planning and Investment.

g) Subjects of administrative procedures: Individuals and organizations.

h) Results of administrative procedures: Certificate of changing content of enterprise registration/Notice on amendment and supplement the enterprise registration documents..

i) Fees:

k) Name of form, declaration:

·        Notice of changing content of enterprise registration (Annex II-1, Circular No. 20/2015/TT-BKHDT);

l) Requirements and conditions for procedure implementation: defined in Article 32 of the Law on Enterprises and Article 50 Decree No. 78/2015/ND-CP. 

m) Legal basis of administrative procedures:

·        The Enterprise Law of the Assembly of the Socialist Republic of Vietnam No. 68/2014/QH13 dated 26/11/2014 (The Enterprise Law);

·        Decree No. 78/2015/ND-CP dated 14/9/2015 of the Government on enterprise registration (Decree No. 78/2015/ND-CP);

·        Circular No. 20/2015/TT-BKHDT dated 01/12/2015 of the Ministry of Planning and Investment guiding the enterprise registration (Circular No. 20/2015/TT-BKHDT);