Procedures for registering changes in charter capital for liability companies 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.
During operations, companies in general and single-member limited liability companies in particular must carry out procedures to register changes in charter capital in case the charter capital at the enterprise is adjusted. This article provides detailed instructions on how to carry out procedures for registering to adjust charter capital in a single-member Limited Liability Company according to the Law on Enterprises 2020.
1. Documents for registration preparation
- Notification of change in business registration content;
- Decision of the company owner on changing charter capital;
- Authorization document to carry out registration procedures for changes in charter capital (In case of authorization to carry out change registration procedures)
- Valid copy Citizen identification card or valid ID card or passport of the authorized person.
2. Order and procedures for registering changes in charter capital in a single-member limited liability company
1. Application method
- Submit directly to the Business Registration Office under the Department of Planning and Investment (Business Registration Office) of the province/city where the enterprise is headquartered.
- Submit documents via postal service.
- Submit online documents via electronic network at the National Business Registration Portal at the address: https://dangkylanhdoanh.gov.vn).
2. TSequence and procedures for registering changes in charter capital
Case 1: Registering changes directly at the Business Registration Office tSequence and procedures for registering changes in charter capital
Step 1. Submit application
- Within time limit 10 days from the date of completing the change in charter capital, the registrant submits the application to the Business Registration Office.
- The registrant submits the application at the one-stop section at the Business Registration Office.
- The Business Registration Office receives the application and returns to the submitter a Receipt of receipt of the application for business establishment registration.
Step 2. Evaluate and return results
- The Business Registration Office re-issues the Business Registration Certificate within 03 working days from the date of receipt of the application.
- In case the application is not valid, the Business Registration Office shall send a written notice of the contents that need to be amended and supplemented to the registrant within 03 working days from the date of receipt of the application.
In case 2. Register electronically using the Business Registration Account
– The registrant submits documents using the Business Registration Account to declare information, download electronic documents and authenticate the business registration application via the electronic information network and pay business registration fees and charges according to the process on the national information portal on business registration (https://dangkylanhdoanh.gov.vn).
– After completing the submission of the registration application, the applicant will receive a Receipt of registration application to change the business name via the electronic information network.
– The Business Registration Office issues business registration to the enterprise in case the application is eligible and notifies the approval of the change in charter capital.
Note on Applying Current Legal Regulations
This article belongs to the Business & M&A 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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