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Changing Your Company Name in Vietnam: A Guide to Online Registration | Dezan Shira & Associates

postedĀ 1 yearĀ ago

Investors may choose to change their company name in Vietnam due to various reasons, which can be challenging and time-consuming. However, understanding Vietnam’s regulations on business name changes can help alleviate some of these challenges.

Some common reasons for changing a company name include:

  • A change in activities such as goods being produced or services that will be changed;
  • A company being acquired or merged and going through an M&A process;
  • Re-branding; or
  • Current name is not suitable or confusing.

Investors will also need to notify the relevant government agencies as well as update official documents, which include:

  • Changing the company’s Memorandum and Articles of Association;
  • Notifying relevant government agencies in Vietnam as well as partners, clients, suppliers, and vendors;
  • Updating the new company name to E-VAT invoices; and
  • Changing the name on all official documents and company seal.

Typically, the general procedure to update the company name is:

(1) amend the enterprise registration certificate (ERC); and

(2) amend the investment registration certificate (IRC). This is true, especially if the company name is indicated on the IRC as well.

In the case of the M&A process, a pre-approval for the M&A is required before going through steps (1) and (2) as aforementioned.

In this article, we will highlight how to change the company name in the ERC as a base for updating the IRC in a general case.

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