Procedures for changing and adding business lines of a new joint stock company is legal content that readers often need to check carefully before implementing it in practice. This article has been systematized by ANT Legal in an easy-to-understand way, helping individuals and businesses understand the main issues, common risks and appropriate solutions.
Joint Company is a large type of enterprise, so expanding the scope of business is very common. Procedures for changing and adding business lines of joint stock companies often take place every year. ANT Legal would like to guide the procedures for changing and adding business lines as follows:
How to look up business lines
To grasp the name and level 4 code of the business line, the company performs the following steps:
Access to website: https://dangkylanhdoanh.gov.vn/vn/Pages/NganhNghe.aspx
Type the industry keyword you want to add into the search box.
Information about the industry name and industry code to search for will appear.
Procedures for changing and adding business lines for joint stock companies
Step 1: Prepare documents
Dossier components include:
- Notice on changing the content of business registration according to form Appendix II-1, issued with Circular 02/2019/TT-BKHDT.
- For registered enterprises grant investment licenses; Investment certificate or documents with equivalent legal value, the enterprise must submit with: A valid copy of the Investment Certificate; Valid copy of Tax Registration Certificate; Application for supplementing and updating business registration information according to the form Appendix II-18 Circular No. 02/2019/TT-BKHDT.
- Decision of the General Meeting of Shareholders.
- Copy of minutes of the General Meeting of Shareholders.
- Authorization to submit documents (if applicable) yes).
Number of documents: 01 set.
Step 2: Submit documents to the competent authority
Receiving and processing agency: Business registration office – Department of Planning and Investment where the company is located Department.
How to submit application: The company submits online through the National Business Registration Portal.
Fee:
Free if applying online.
100,000 VND/time to announce business registration content industry.
Step 3: Receive and process documents
Resolution deadline: Within 03 days from the date of receiving the notice.
Resolution process:
After receiving the application for registration of changes or additions to business lines, the Business Registration Office will issue a Receipt and check the validity of the file:
Change information about the business lines of the enterprise in the National Database on Business Registration. The Business Registration Office issues a Confirmation of changing the business registration content to the company.
In case the notification dossier is invalid, the Business Registration Office notifies the company to amend and supplement the dossier.
Step 4: Announce the business registration content after changing and adding the business line
When receiving the Certificate Business registration, Certificate of change in business registration content related to the content of business lines and professions, the company pays a fee to announce the business registration content. The Business Registration Office uploads business registration content to the National Business Registration Portal.
Service of changing and adding business lines for ANT Legal joint stock companies
When it comes to the service of adding and changing business lines for ANT Legal joint stock companies, we will perform the following tasks: Job:
- Advising customers on necessary documents.
- Consulting and looking up industry and business codes suitable to customer needs.
- Compiling documents according to the prescribed list.
- Supporting customers in copying necessary documents necessary.
- Submit documents to competent authorities.
- Represent customers to pay state fees.
- Receive results on behalf of customers.
- Advise customers on notes after completing procedures.
ANT Legal always proud to be a company providing legal solution consulting services for businesses. With that experience, we are confident in providing additional services in the joint stock company business line.
Note on Applying Current Legal Regulations
This article belongs to the Legal Updates group and is presented for reference purposes, helping readers understand the legal issue at an overview level before preparing a dossier or carrying out a transaction.
Legal regulations may vary depending on the timing, locality, type of dossier and specific circumstances. If you need to determine the exact legal basis applicable to your case, you should contact ANT Legal’s lawyers at 0966.475.966 for review and advice before proceeding.
Common Legal Risks to Note
- Applying legal instruments that have been amended, supplemented or replaced.
- Preparing an incomplete set of documents, materials or necessary evidence.
- Misunderstanding the conditions, procedure, timeline or competent authority.
- Signing, submitting a dossier or carrying out a transaction before fully assessing legal risks.
How Can ANT Legal Support You?
ANT Legal can review the specific circumstances, examine the dossier, identify the applicable legal basis, advise on an appropriate handling plan and represent clients in working with individuals, organizations or competent authorities where necessary.
For prompt advice, you may contact a lawyer at 0966.475.966.
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