Business Line Change Services

To adapt to market changes and development directions, adjusting a company’s business lines is an inevitable necessity. However, this is not only a strategic decision but also a mandatory legal procedure that requires strict compliance with the law.

With over 10 years of specialized experience in corporate legal consulting, Van Phuc Loc Law Firm (VPL) is committed to assisting businesses in carrying out business line change procedures quickly, accurately, and with absolute legal security. We accompany our clients to ensure that all legal procedures are conducted smoothly and in full compliance with regulations, enabling businesses to confidently pursue their development.

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Notes on supplementing business lines

Pursuant to Point a, Clause 1, Article 13 of the amended Enterprise Law 2025, effective from July 1, 2025, businesses must notify the Business Registration Office at the location of their headquarters when changing their business lines.

Although changing business lines may seem simple, it can entail significant risks if not done correctly. When carrying out the procedure to change business lines, businesses should pay attention to the following:

Accurately identify the 4-digit industry code according to the Vietnam Standard Industrial Classification under Decision 27/2018/QĐ-TTg, and ensure that the business line is not prohibited under applicable law.

When changing business lines, a business should amend its company charter to ensure consistency and legal compliance.

According to the Enterprise Law, when there is a change in business lines, businesses must register the change in their enterprise registration within 10 working days from the date of the decision. Failure to do so may result in administrative penalties under the law.

Certain conditional business lines require a statutory minimum capital. Businesses must ensure that their charter capital meets this legal minimum. Failure to do so may result in the business being denied an operation license or encountering difficulties in obtaining related permits.

Obtain the required licenses before commencing operations for conditional business lines.

Adding new business lines may affect the company’s tax obligations, especially if the new lines are subject to different tax rates. Therefore, businesses should review tax regulations to ensure proper declaration and payment, avoiding penalties due to errors.

Save time and effort

VPL will carry out all legal procedures on behalf of clients for adding business lines, from preparing the application, submitting it to the Business Registration Office, processing the application, to receiving the final results, helping businesses save maximum time and effort.

Comprehensive service, optimized process and costs

As a professional law firm with extensive experience in legal procedures, VPL ensures a faster process compared to businesses handling the procedures themselves. In addition, VPL provides business line change services at reasonable and transparent fees.

Ensure accuracy and legal compliance

VPL’s experienced lawyers review, advise, and ensure that clients’ documents are accurately, fully, and validly prepared in accordance with current legal regulations. This helps prevent errors that could lead to returned documents or revisions, saving both time and costs.

Minimize legal risks

VPL’s team of lawyers provides legal advice on matters related to adding business lines, including procedures, conditional business lines, statutory capital (if applicable), potential legal risks during the process, and recommended mitigation measures. This helps businesses avoid unnecessary administrative fines and other complex legal issues in the future.

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High confidentiality

VPL is committed to maintaining absolute confidentiality of all internal business information, business plans, and strategies, ensuring they are fully protected throughout the process of adding business lines.

Scope of VPL’s services

VPL provides business line change services with the following scope of work:

Legal consultation: VPL’s team of lawyers provides detailed advice on legal regulations related to changing business lines, assisting in selecting appropriate industry codes according to the company’s needs while ensuring compliance with the law.

Document preparation: VPL prepares all necessary documents to carry out the business line change procedures in accordance with legal requirements.

Carrying out procedures at state authorities: VPL represents clients in submitting documents to the Business Registration Office under the Department of Finance where the company is headquartered, monitors progress, and addresses any arising issues. In cases where the company holds an Investment Registration Certificate, VPL also handles the adjustment of the certificate in accordance with legal requirements.

Receiving and delivering results: Upon completion of the procedures, VPL will collect the new Enterprise Registration Certificate, the new Investment Registration Certificate (if applicable), and deliver them directly to the client.

Post-change consultation and procedures: VPL assists in carrying out legal procedures after changing business lines, such as amending the Company Charter, obtaining related permits, and handling other relevant legal documents.

Frequently asked questions

What documents are required when changing business lines?

Pursuant to Clause 1, Article 49 of Decree 168/2025/ND-CP, the documents for registering a change of business lines include:

a) Notice of change in business registration content;

b) A copy or the original of the resolution or decision regarding the change of the company’s business lines, issued by the owner for a one-member limited liability company, by the members’ council for a multi-member limited liability company or a partnership, or by the General Meeting of Shareholders for a joint-stock company.

Which authority is competent to handle the procedure for adding business lines?

Pursuant to Clause 1, Article 49 of Decree 168/2025/ND-CP, the provincial Business Registration Office where the enterprise has its head office is the competent authority to handle the procedure for adding business lines.

How many business lines can an enterprise register?

Vietnamese law does not limit the number of business lines an enterprise can register. An enterprise may register one or multiple business lines, provided that none of them are on the list of prohibited business activities.

Is it necessary to amend the company charter when adding business lines?

Pursuant to Clause 2, Article 24 of the 2020 Enterprise Law, business lines are among the essential contents that must be included in a company’s charter. Therefore, when an enterprise changes, adds, or removes business lines, its charter must also be amended or supplemented accordingly to ensure consistency between the company’s internal documents and its legal registration records.

How long does it take to complete the procedure for changing business lines?

The time for VPL to complete the procedure for changing business lines is 5–7 working days from the date VPL receives a complete and valid set of documents.

What is the penalty for failing to register changes in business lines in a timely manner?

If an enterprise fails to register changes to its business registration within 10 working days from the date of the decision to change, it may be subject to administrative fines under the law. The penalty may range from VND 3 million to VND 5 million, depending on the severity of the violation.

Can an enterprise register business lines that are not listed in the official industry classification system?

An enterprise can still register business lines that are not included in the Vietnam Standard Industrial Classification system. In such cases, the enterprise must provide a detailed and specific description of the intended business lines. The legal representative will be responsible for the accuracy and legality of the described business lines. The Business Registration Authority will review and accept them, provided that the business lines are not on the list of prohibited activities. Based on the description, the authority will include the business lines in the Enterprise Registration Certificate.