Question:
My company was suspended from October 1, 2019 to September 31, 2020. Now, can you continue to suspend for one more year (October 1, 2020 to September 31, 2021)?
Answer:
- Under the provisions of Article 200 of the Law on Enterprises and Article 57 of Decree 78/2015 / ND-CP dated September 14, 2015 of the Government on enterprise registration:"When an enterprise or branch/representative office/business location suspends its operation or resumes its operation ahead of schedule, a notification shall be sent to Business Registration Office where the enterprise or its branch/representative office/business location was registered at least 15 days before the date of suspension or resumption. The suspension period must not exceed one year. If the enterprise or its branch/representative office/business location is still suspended after this period, another notification must be sent to Business Registration Office. The total duration of continuous suspension must not exceed two year."
- The order and procedures of dossiers for business suspension are specified in Article 200 of the 2014 Law on Enterprises; Article 57 of Decree No. 78/2015 / ND-CP dated September 14, 2015 of the Government providing for enterprise registration.
Regards./.