Suspension and dissolution procedures

1/ Business suspension service at GLOBAL TAX Total fee for business suspension service: Only from 700,000 VND.

Maximum 3 - 4 working days for Global Tax to complete the business suspension procedure,details:

- 3 days - Business Registration Office processes the documents;

- From 1 day - Global Tax prepares the entire documents, presents them to the customer for signature, submits the documents to the Department of Planning and Investment, receives and delivers the results on-site.

Note: Global Tax supports free delivery of documents and results on-site during the entire procedure.

Documents required when using the business suspension service at Global Tax Depending on the type of business, the components of the business suspension dossier will be different.

Using the business suspension service at AGlobal Tax is the optimal choice to simplify all procedures. At that time, the information you need to provide only includes: Tax code of the enterprise; Time of temporary suspension of business. New regulations on the period of temporary suspension of business of enterprises

For some reason, enterprises must register for temporary suspension of business, they need to understand the following general regulations: At least 3 working days before the date of temporary suspension or resumption of business before the announced deadline, the enterprise must send a written notice to the business registration authority on the time and period of temporary suspension/resumption of business;

The period of temporary suspension of business of the enterprise for each notification procedure must not exceed 1 year; In case there is a need to continue to temporarily suspend business after the expiration of the announced deadline, at least 3 working days (from the date of continued temporary suspension of business), the enterprise must notify the business registration authority of the period of continued temporary suspension of business; Enterprises are not limited in the number of times of temporary suspension of business, however, they must ensure that the procedures for registering temporary suspension of business operations are carried out in accordance with current legal regulations. 2/ Conditions for dissolving a company or enterprise According to the Enterprise Law 2020, an enterprise may be dissolved in the following cases: 1. Voluntary dissolution: According to the decision of the business owner or when the enterprise does not have a decision to extend the term of operation stated in the charter.

2. Compulsory dissolution:

If the company no longer has the minimum number of members for 6 consecutive months or has its business registration certificate revoked. Whether the enterprise is dissolved voluntarily or compulsorily, the dissolution procedure must still ensure the implementation time according to regulations.

Enterprise dissolution process at Global Tax 3 simple documents and papers that you need to provide when using the company or enterprise dissolution service at Global Tax, you only need to provide the following 3 information: List of employees; Original copy of business license and seal;

Accounting documents and books... In addition to the above information, depending on each specific case, you provide Alpha with the following additional documents (if any): official letter confirming no tax debt; official letter confirming no social insurance debt; official letter confirming no debt to the General Department of Customs (if there is import-export registration); plan to handle other debts.

25 days for Global Tax to carry out company dissolution procedures The average time for company dissolution procedures is from 20 - 25 days, specifically: From 5 - 7 working days, submit the company dissolution notification to the Department of Planning and Investment; From 7 - 10 working days, complete debt closing procedures at the tax authority; From 7 - 10 working days, submit dissolution documents and return the business license to the Department of Planning and Investment.

Note: In reality, depending on the profile of each enterprise, the time to complete the company dissolution procedure can take more than 30 days.