Legal & Compliance Essentials
🟠 Enterprise Law 2020
Provides the legal foundation for voluntary dissolution, ensuring a smooth closure while avoiding member disputes.
🟠 Decree 01/2021/ND-CP
Streamlines filing procedures with the Department of Planning and Investment (DPI), keeping the dissolution process efficient and compliant.
🟠 Tax Administration Law 2019
Governs finalization of Corporate Income Tax (CIT) and VAT obligations, reducing audit risks and ensuring tax compliance.
🟠 Labor Code 2019
Mandates settlement of employee entitlements, including job-loss allowances, for a responsible and lawful exit.
🟠 Social Insurance Law 2014
Regulates Social Insurance (SI), Health Insurance (HI), and Unemployment Insurance (UI) settlements, minimizing post-closure liabilities.
Comprehensive Services & Compliance Solutions
VINA TPT provides end-to-end business dissolution for FDI companies and SMEs. We handle planning, compliance, and deregistration to ensure a smooth, worry-free exit.
🔵 Consulting & Dissolution Planning
Expert advisory to design a dissolution roadmap aligned with Enterprise Law, cutting planning time in half. Includes bilingual guidance and early debt–asset assessments for seamless compliance.
🔵 Complete Legal Documentation & Tax Finalization
Prepare and submit all dossiers, finalize CIT, VAT, and PIT with authorities to fulfill financial obligations. Accurate VAS/IFRS-compliant reporting helps avoid fines and cut costs by up to 25%, covering both tax audits and customs confirmations under Decree 01/2021/ND-CP.
🔵 Debt Settlement & Asset Liquidation
Assist in settling obligations with creditors, employees, and partners while optimizing asset liquidation. Ensure priority payments to minimize losses and enable a clean transition, including job-loss allowances and insurance compliance under the Labor Code 2019.
🔵 Tax Code Closure & Business Deregistration
Execute final steps to close tax IDs and deregister with BRO/DPI, officially confirming business cessation. Accelerate closure to under 6 months, freeing capital for new investments, with IRC returns for FDI ensured under the Investment Law 2020.
🔵 Frequently Asked Questions
How long does business dissolution take in Vietnam?
Typically 6-12 months for FDI companies, varying by tax audits; we streamline to 4-6 months with expert planning.
What are the conditions for company liquidation?
Must settle all debts, have no disputes, and comply with Enterprise Law—ensuring full payment capability.
Can I apply for dormant status instead of dissolution?
Yes, for temporary suspension up to 1 year, relieving compliance but not permanent closure.
What fines apply for non-compliance during dissolution?
Up to VND 150 million for tax errors or late filings, plus 20% penalties on unpaid amounts.
Do FDI firms need bilingual support for dissolution?
Essential for accuracy; our services provide it to prevent miscommunications.
Schedule a 30-minutes call
with our consultant and get solutions for your
business in Vietnam.
CONTACT US
VINA TPT COMPANY LIMITED
Tax Identification Number: 0315968958
THE CLASSLIB COMPANY LIMITED
Tax Identification Number: 0313916707
Tel: +8428 730 40 790 | Email: infor@vinatpt.com
Office: 5th Floor, More Building, 83B Hoang Sa Street, Tan Dinh Ward, Ho Chi Minh City, Vietnam