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Changing and adding business lines in a limited liability company with two or more members

Changing or adding business lines in a limited liability company with two or more members must comply with current legal regulations. This article will provide detailed instructions on the steps to take, from preparing documents, submitting change notices to completing procedures with the authorities, helping businesses follow the correct procedures and avoid legal risks.

In case of any change or addition to the business line, the company must notify within 10 days from the date of change.

I. Profile components:

1. Notice of change in business registration content (Appendix II-1 form issued with Circular 01/2021/TT-BKHĐT);

2. Decision of the board of members on changing or adding business lines of the company;

3. Valid copy of the minutes of the meeting of the board of members on changing or adding the company's business lines;

4. For companies operating under an Investment License, Investment Certificate or other documents of equivalent legal value, please submit the following:

- Valid copy of Investment Certificate;

- Valid copy of Tax Registration Certificate of LLC with 2 or more members;

- Application for supplementing and updating business registration information (Appendix II-14 form issued with Circular 01/2021/TT-BKHĐT).

5. Authorization letter for the person submitting the application and receiving the results if he/she is not the legal representative. This document does not need to be notarized or authenticated;

6. A valid copy of one of the following personal identification documents of the authorized person performing the procedure (if any):

- For Vietnamese citizens: Valid Citizen Identification Card or National Identity Card or Vietnamese Passport.

- For foreigners: Valid foreign passport or document in lieu of a valid foreign passport.

II. Place of submission:

Submit online: at Website dangkykinhdoanh.gov.vn.
Submit directly: at the Business Registration Office - Department of Planning and Investment where the company is headquartered.

III. Time limit for settlement

Within 03 (three) working days from the date of receipt of valid documents for direct submission.

Note: After being granted a Certificate of Change of Business Registration Content, the company must publicly announce it on the National Business Registration Information Portal (Procedures for changing or adding business lines and procedures for announcing business registration content can be carried out at the same time).