For Vietnamese businesses
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.
Support switchboard EXPERIENCEPursuant to Articles 207 and 208 of the 2020 Law on Enterprises and Decree 168/2025, the enterprise dissolution process is as follows:
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.
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).
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.
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We represent and support enterprises throughout the entire process:
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