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red-check 2020 Law on Enterprises (applicable from January 1st, 2020)

Law No. 59/2020/QH14status2 dated June 17th, 2020 of the National Assembly on Enterprises
Posted: 9/7/2020 7:20:20 AM | Latest updated: 27/8/2022 11:06:42 AM (GMT+7) | LuatVietnam: 4997 | Vietlaw: 474
VietlawOnline

The phrase “doanh nghiệp nhà nước” (“state-owned enterprises”) shall be replaced with “doanh nghiệp do Nhà nước nắm giữ 100% vốn điều lệ” (“wholly state-owned enterprises”) in Point m Clause 1 Article 35 and Point k Clause 1 Article 37 of the Law on State Budget No. 83/2015/QH13status2 ; Point a Clause 3 Article 23 of the Law on Irrigation No. 08/2017/QH14status2 , amended by the Law No. 35/2018/QH14status2 ; Point b Clause 2 Article 74 of the Civil Proceedings Code No. 92/2015/QH13status2 , amended by the Law No. 45/2019/QH14; Point a Clause 2 Article 43 of the Law on Management and Use of Weapons, Explosives and Combat Gears No. 14/2017/QH14status2 , amended by the Law No. 50/2019/QH14; Article 19 of the Law on Denunciation No. 25/2018/QH14status2 ; Articles 3, 20, 30, 34, 39 and 61 of the Anti-corruption Law No. 36/2018/QH14status2 .

Xem Văn bản hợp nhất số 06/VBHN-VPQH ngày 15/7/2020.
Xem Văn bản hợp nhất số 07/VBHN-VPQH ngày 15/7/2020.
Xem Văn bản hợp nhất số 08/VBHN-VPQH ngày 15/7/2020.
Xem Văn bản hợp nhất số 09/VBHN-VPQH ngày 15/7/2020.
Xem Văn bản hợp nhất số 10/VBHN-VPQH ngày 15/7/2020.
Xem Văn bản hợp nhất số 11/VBHN-VPQH ngày 15/7/2020.
Xem Văn bản hợp nhất số 35/VBHN-VPQH ngày 7/12/2020.
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Penalty document

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Information

Effective date 1-Jan-2021
Expired date Unknown
Published Vietlaw's Newsletter No. 474

Files attachment

enflag pdficon LL59_17062020QH14[ENGLISH].pdf

Timeline

Business registration

blue-check Now there is no regulation on early resumption of business activity of cooperatives
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blue-check Regarding cases where an FDI enterprise is exempt from investment registration
blue-check New forms of enterprise registration, applicable from May 1st, 2021
blue-check Process of enterprise registration from 2021
blue-check It is required to obtain a new Certificate of Business registration upon changing legal representative
blue-check It is required to declare employees, social insurance participants and register the use of invoices upon establishment of an enterprise
blue-check Regarding registration for provision of legal consultancy, legal service
red-check 2020 Law on Enterprises (applicable from January 1st, 2020)
blue-check Program for cutting and simplifying business regulations during 2020 - 2025
blue-check [Merged] - Business conditions for 8 sectors under the Ministry of Industry and Trade’s state management
blue-check Measures to improve business environment
blue-check How to determine an enterprise’s name which overlaps with another enterprise’s name
blue-check It is required to initial each page of the application for investment registration
blue-check Issues relating to naming enterprise
blue-check Regarding procedures for acquisition
blue-check Regarding registration to change legal representative of a company
blue-check It is required to make adjustment to investment certificate upon change of location to execute a project
blue-check Regarding order to receive contributed assets of joint stock companies
blue-check Charges for business registration shall be reduced from September 20th, 2019