中文Short answer: An enterprise may suspend its business operations for no more than 01 year each time, and must notify the Business Registration Office at least 03 working days before the suspension date (Article 206 of the Law on Enterprises 2020). A point many enterprises overlook: suspending in practice without completing the notification procedure is subject to administrative sanctions — the fine for failing to register/notify a suspension or resumption is VND 30–70 million for organizations under Article 44 of Decree 122/2021/ND-CP (amended by Decree 288/2026/ND-CP, effective from 21/7/2026).
Legal basis
- Article 206 of the Law on Enterprises 2020;
- Decree 168/2025/ND-CP on enterprise registration;
- Article 44 of Decree 122/2021/ND-CP, amended by Decree 288/2026/ND-CP (effective from 21/7/2026).
Duration and suspension procedures
- Notify the suspension at least 03 working days before the suspension date;
- Each suspension lasts no more than 01 year; upon expiry it may be extended or operations may resume;
- Submit the notice online via the National Enterprise Registration Portal or directly at the Business Registration Office under the Department of Finance.
Sanctions for failure to notify (updated per Decree 288/2026)
- Failure to register/notify a business suspension or resumption before the notified deadline: a fine of VND 30–70 million for organizations;
- Late notification is also sanctioned under the corresponding bracket based on the number of days late;
- In addition to fines, enterprises may be subject to remedial measures as prescribed.
Obligations to remember during suspension
- Complete tax and insurance obligations arising up to the suspension date;
- No new business activities during the suspension period;
- Monitor deadlines to extend or re-register operations in time;
- Business license tax: collection ceased from 01/01/2026 under Resolution 198/2025/QH15.
If you need to determine the option best suited to your specific situation, you should discuss it with a lawyer in advance for dossier review and advice on the handling plan.
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