- Vietnam’s Decree No. 296/2026/ND-CP, effective 23 July 2026, further digitises and simplifies enterprise registration.
- Founders must personally declare registration details and remain responsible for their accuracy; capital contributions must follow the law and cannot be made on behalf of others.
- Authorities must rely on existing national databases and should not ask for documents they can obtain electronically, unless data is missing or incorrect.
- Enterprise registration can be completed online via the National Enterprise Registration Information System, with electronic submission, authentication, receipt, and result tracking.
- Registration data is automatically shared with tax systems, aiming to reduce paperwork, duplicate requests, and processing time.
Source: fiscal-requirements.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Vietnam"
- Vietnam Issues New VAT Rules for Foreign Digital Platform Suppliers
- Vietnam E-Invoicing Reforms Ease VAT Compliance for Foreign Businesses
- Vietnam Extends E-Invoicing Rules to Foreign Digital Platforms
- Vietnam Overhauls E-Invoicing: Decree 254/2026/ND-CP Takes Effect
- VAT Refund for Foreigners and Overseas Vietnamese
