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Services for Changing the Name of a Foreign-Invested Company

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In the context of rapid globalization and increasingly fierce competition, changing the name of a foreign-invested company is not merely a legal formality but also an important rebranding strategy that helps enterprises enhance brand reputation and keep pace with market development trends. However, this process requires strict compliance with Vietnamese legal regulations as well as coordination across related procedures. With our professional company name change service, we are committed to providing a comprehensive, fast, and efficient solution, helping your enterprise optimize time and costs while ensuring full legal compliance.

Why Foreign-Invested Enterprises Need to Change Their Company Name

Services for Changing the Name of a Foreign-Invested Company

In a globalized business environment with intense competition, changing the name of a foreign-invested company is a necessary strategy to adapt to market trends, reposition the brand, or align with new business objectives. In particular, when expanding scale, merging, or shifting strategic direction from the parent corporation, a name change helps the enterprise create a stronger impression with customers and partners.

Procedure for Changing the Name of a Foreign-Invested Company in Vietnam

Changing the name of a foreign-invested company requires strict compliance with Vietnamese legal regulations, specifically under the Enterprise Law and related legal documents. The process includes the following detailed steps:

Step 1: Preparation of Legal Dossier

The dossier for changing the enterprise name must include the following documents:

  • Notice of amendment of enterprise registration contents: This notice must bear the lawful signature of the legal representative.
  • Decision and minutes of meeting on change of company name:
    • For single-member limited liability companies: Decision of the owner.
    • For multi-member limited liability companies or joint-stock companies: Minutes of the Members’ Council/Board of Directors and Decision.
  • Enterprise Registration Certificate (copy): Along with other relevant documents as required by the competent authority.

Step 2: Submission of Dossier to the Department of Planning and Investment

After completing the dossier, it shall be submitted to the Business Registration Office under the Department of Planning and Investment where the enterprise has its principal office. The processing time is usually 3–5 working days. In cases where the dossier requires supplementation or correction, the enterprise will be notified to complete it.

Step 3: Receipt of New Enterprise Registration Certificate

Upon approval by the Department of Planning and Investment, the enterprise will receive a new Enterprise Registration Certificate reflecting the changed name. This serves as the legal basis for the enterprise to continue operations under the new name.

Step 4: Update of Information Related to the Company Name

After the name change is approved, the enterprise must update the new name with relevant authorities and partners, including:

  • Tax authority: Update the new name on tax documents, VAT invoices, and related materials.
  • Banks: Change account information, credit contracts, and related financial services.
  • Partners and customers: Officially notify the name change to ensure transparency and maintain business relationships.
  • Social insurance authority: Update information to ensure employee benefits.

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Benefits of Using the Foreign-Invested Company Name Change Service

Services for Changing the Name of a Foreign-Invested Company

Changing a company name is not merely an administrative procedure but also involves strategic elements in enterprise development and governance. Using a professional service brings many benefits to the enterprise:

  • Optimization of time and effort: We handle all complex legal procedures, allowing you to focus on core business activities.
  • Full legal compliance: With in-depth knowledge of Vietnamese legal regulations, we ensure the name change process complies fully with current requirements, avoiding errors and legal risks.
  • Brand strategy consultation: In addition to legal procedures, we provide advice on brand repositioning strategy, helping the enterprise not only change its name but also strengthen its market position.
  • Fast and efficient handling: With extensive experience and a wide network, we ensure the name change process is completed quickly, cost-effectively, and time-efficiently for the enterprise.

Frequently Asked Questions When Changing the Name of a Foreign-Invested Company

1. Why does a foreign-invested enterprise need to change its company name?

Changing the company name can help reposition the brand, attract new customers, or align with requirements from the parent corporation. It is also part of a strategy for market expansion and long-term development.

2. What are the legal steps to change a company name in Vietnam?

To change the name, the enterprise must:

  • Prepare the dossier, including notice of name change, decision and minutes of the Board of Directors or Members’ Council, and copy of the Enterprise Registration Certificate.
  • Submit the dossier to the Department of Planning and Investment where the enterprise has its principal office.
  • Upon approval, the enterprise will receive a new Enterprise Registration Certificate with the changed name.

3. How much does it cost to change a company name?

Costs include filing fees at the Department of Planning and Investment, notarization fees, and possibly service fees if a consulting firm is engaged. Total costs are usually quoted on a package basis, but note potential additional fees if any arise.

4. What conditions must be met for a company name change to be approved?

The new name must not duplicate or cause confusion with other enterprises, must not violate language regulations or customs and traditions, and should relate to or be appropriate for the company’s business lines.

5. After name change approval, what additional procedures must the enterprise perform?

After approval, the enterprise must:

  • Update the new name with the tax authority, banks, and social insurance authority.
  • Officially notify partners and customers of the name change to avoid errors.
  • Update the new name on invoices and other legal documents.

6. Does changing the company name affect the tax code or other tax obligations?

No, the tax code remains unchanged despite the company name change. However, the enterprise must notify the tax authority of the new name and adjust related tax documents accordingly.

7. Does changing the company name affect other business licenses?

Yes, the enterprise must adjust relevant licenses to match the new name. If the company operates in conditional business sectors, sub-licenses must also be updated in accordance with the law.

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Why Choose BKC Law’s Service for Changing the Name of a Foreign-Invested Company?

BKC Law is proud to be a leading firm in providing consultation and support services for foreign-invested enterprises in Vietnam. With a team of experienced lawyers and experts, we not only offer legal services but also serve as a reliable strategic partner for your business.

  • Deep expertise: We possess in-depth knowledge of the Vietnamese legal system and extensive experience handling complex company name change cases, especially for foreign-invested enterprises.
  • Comprehensive solutions: From consultation and dossier preparation to post-procedure handling, we accompany you at every step of the process.
  • Competitive and transparent fees: We are committed to providing services at reasonable costs with no hidden fees.

Contact Us

To receive detailed consultation and support on changing the name of a foreign-invested company, please contact us immediately:

  • Address: Branch in District 1: 9th Floor, Diamond Plaza Building, 34 Le Duan Street, District 1, Ho Chi Minh City

Branch in Binh Tan: 41 Ten Lua Street, Binh Tan District, Ho Chi Minh City

  • Telephone: 0901 3333 41
  • Email: info@bkclaw.vn

We are always ready to accompany you in every important step of your enterprise’s development.

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