Company dissolution is a widely recognized concept worldwide in general and in Vietnam in particular. Every day in Vietnam, many enterprises face bankruptcy or are forced to cease operations for various reasons. When ceasing operations, however, an enterprise must proactively complete the statutory dissolution procedures to avoid subsequent legal risks, such as a temporary exit ban imposed on its legal representative, accruing tax liabilities, or deactivation of its tax identification number.

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GUIDE TO THE STEPS FOR SUBMITTING AN ENTERPRISE DISSOLUTION DOSSIER

Pursuant to Articles 207 and 208 of the 2020 Law on Enterprises and Decree 168/2025, the enterprise dissolution process is as follows:

STEP 1

Within 7 working days from the date of the dissolution decision, the enterprise must submit a notification dossier concerning the dissolution decision to the Business Registration Office where it is headquartered. Upon approval, the enterprise’s status will be published on the National Business Registration Portal.

STEP 2

Within 45 working days after completing step 1, the enterprise must submit its tax declarations and financial statements and contact its tax authority to carry out inspection and examination procedures for records covering the period from its establishment to the cessation date or from the most recent inspection or examination to the cessation date (late submission will result in penalties), obtain confirmation that it has no outstanding import or export taxes, and contact the social insurance authority to confirm that it has no outstanding social insurance contributions (if applicable).

STEP 3

After completing step 2 (Notification of Completion of Tax Obligations) and settling any outstanding debts, the enterprise must submit its dissolution dossier to the Business Registration Office where it is headquartered.

*Note:

  • The enterprise must complete the procedures for terminating the operations of its dependent units (branches and representative offices) before dissolving the parent company.
  • The enterprise remains responsible for its debts and other financial obligations (if any). If any pre-existing debts remain unpaid after the enterprise has completed its dissolution, it must continue to settle those debts with its creditors.

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LEGAL DOCUMENTS THE ENTERPRISE MUST PREPARE
For HT Law & Partners to provide legal advice, please provide the following information:
  • Enterprise Registration Certificate / Investment Registration Certificate.
  • Accounting records, invoices, payment documents, and bank statements.
  • Commercial contracts, employment records, and payroll records (if any).
  • Legal documents related to business operations and supporting payment documentation.
LEGAL ADVISORY SERVICE INFORMATION
Dissolution Legal Advisory Services at HT Law & Partners:

We represent and support enterprises throughout the entire process:

  • Provide legal advice, review dossiers, and explain accounting records for tax audits and inspections.
  • Advise on resolving difficulties involving problematic dossiers or lost documents, invoices, and accounting records.
“HT Law & Partners is an independent legal advisory and service provider. We are not a state regulatory authority, the National Business Registration Portal, or a tax authority.”
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