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blue-check Business Registration Offices hold the right to accept or reject names of enterprises

Official letter No. 7724/BKHDT-QLKTTW dated November 9th, 2021 of the Ministry of Planning and Investment regarding name of enterprise
Posted: 11/11/2021 1:56:08 PM | Latest updated: 23/11/2021 12:41:54 PM (GMT+7) | LuatVietnam: 5333 | Vietlaw: 538
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The naming of enterprises is regulated at Articles 37, 38, 39 and 41 of the Law on Enterprises No. 59/2020/QH14status2 , in which name of type of enterprise is regulated in details at clause 2 Article 37 as follows:

- For limited liability companies, it is allowable to name “công ty trách nhiệm hữu hạn” or “công ty TNHH”;

- For joint stock companies, it is allowable to name “công ty cổ phần” or “công ty CP”;

- For partnerships, it is allowable to name “công ty hợp danh” or “công ty HD”;

- For sole proprietorships, it is allowable to name “doanh nghiệp tư nhân”, “DNTN” or “doanh nghiệp TN”.

Notably, according to Decree No. 01/2021/ND-CP, a Business Registration Office has the whole right to accept or reject the names selected by enterprises in order to avoid the use of used or confusing names of enterprises and decision of the Business Registration Office will be final. If disagreeing with the decision given by the Business Registration Office, the enterprises may file a lawsuit in accordance with regulations of the Law on administrative procedures.

Ms Phuong Thao (VietlawOnline.com)
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Published Vietlaw's Newsletter No. 538
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