How to add conditional business lines?

Types of conditional business lines

• Capital conditions. (For example: Real estate companies must have capital of 20 billion or more)
• Conditions for practicing certificates of practitioners. (For example: For a real estate brokerage consulting company, those who perform real estate brokerage must have a practicing certificate)
• Sublicence conditions are sufficient conditions for the business to operate. (For example: Car transport business, in addition to having to apply for a business registration certificate, must also have a car transport business license)

Sequence and procedures for changing and adding conditional business lines

Dossier components

• Notification on changing the content of business registration according to the form Appendix II-1 issued with Circular 02/2019/TT-BKHDT;
• For businesses that are granted an Investment License, Investment Certificate or documents of equivalent legal value, the business must submit: A valid copy of the Investment Certificate; Valid copy of Tax Registration Certificate; Application for supplementing and updating business registration information according to form Appendix II-18 Circular No. 02/2019/TT-BKHDT;
• Decision of the Board of Members for limited liability companies with two or more members; of the General Meeting of Shareholders for a joint stock company and of the owner for a one-member LLC on additions and changes to the company’s business lines;
• Copy of the meeting minutes on changes and additions to the business lines of the Board of Members for limited liability companies with two or more members; of the General Meeting of Shareholders for a joint stock company and of the owner for a one-member LLC;
• Power of attorney for the person submitting the application.

How to submit application

Enterprises submit online application through: National information portal on business registration.

Notes after adding conditional business lines

Enterprises must ensure they are eligible to conduct new business lines

• License;
• Certificate of eligibility;
• Practice certificate profession;
• Professional liability insurance certificate;
• Confirmation documents;
• Other forms of documents as prescribed by law;
• Conditions that individuals and economic organizations must meet to carry out business investment activities without requiring confirmation or approval in written form mentioned above. (For example, capital conditions, human resources, etc.)

Ensure that conditions are met throughout the operation process

During the process of operating conditional business lines, the company must ensure that the business conditions prescribed by law are maintained.

Note on the term of Sub-Licenses

Note when changing the business registration content

• Advising customers about the code and name of the business they want to add
• Advising customers on necessary documents to add or change business lines;
• Compiling documents to change and add business lines for customers customers;
• Support customers to copy necessary documents;
• Submit documents requesting changes and additions to business lines;
• Represent customers to pay state fees;
• Receive results on behalf of customers;
• Consult for customers customer;
• Customer representative submits application for sublicense;
• Customer representative receives inspection and appraisal team (if any);
• Receive results and hand over to customer