Notice on the Implementation of Decrees on the Registration of Cooperatives, Cooperative Unions, and Business Registration

MINISTRY OF FINANCE

NO: 11080 /BTC-DNTN

Re: Implementation of Decree No. 295/2026/ND-CP and

Decree No. 296/2026/ND-CP of the Government

Hanoi, July 27, 2026

To: People's Committees of provinces and centrally-run cities

On July 23, 2026, the Government issued Decree No. 295/2026/ND-CP replacing Decree No. 92/2024/ND-CP dated July 18, 2024 of the Government on the registration of cooperative groups, cooperatives, and cooperative unions, and Decree No. 296/2026/ND-CP amending and supplementing a number of articles of Decree No. 168/2025/ND-CP dated June 30, 2025 of the Government on enterprise registration, effective from July 23, 2026.

To ensure the synchronous and effective implementation of the aforementioned Decrees, the Ministry of Finance hereby announces some key amendments and supplements of the said Decrees as follows:

1. Decree No. 295/2026/ND-CP on the registration of cooperative groups, cooperatives, and cooperative unions

1. (1) Supplementing regulations allowing the representative of a cooperative group or an authorized person to register a cooperative, cooperative union, or cooperative group, cooperative, cooperative union to choose to submit applications and receive results at any commune-level business registration authority within the province or centrally-run city where the head office is located. The commune-level business registration authority where the cooperative group, cooperative, or cooperative union has its head office is the authority responsible for processing and resolving the registration procedures for cooperative groups, cooperatives, and cooperative unions; Supplementing regulations on not requiring the submission of copies of application components when information already available in databases has been exploited and used (Article 4);

2. (2) Regulations on the business registration authority resolving registration procedures for cooperative groups, cooperatives, and cooperative unions being a specialized division under the commune-level People's Committee with functions and tasks of registering cooperative groups, cooperatives, and cooperative unions according to the decision of the provincial-level People's Committee (in case the commune-level administrative unit establishes a specialized division) or the commune-level People's Committee (in case the commune-level administrative unit does not establish a specialized division) (Article 5);

3. (3) Supplementing application components for dissolution of cooperatives and cooperative unions (copies of registers of official members, capital-contributing associate members, non-capital-contributing associate members) and applications for notification of termination of operation of cooperative groups (copies of records of contributions of cooperative group members); Supplementing the responsibility of the business registration authority to update and store information about official members, capital-contributing associate members, non-capital-contributing associate members of cooperatives, cooperative unions, and members of cooperative groups in the Database on Cooperative Registration for a period of 06 years from the date the cooperative, cooperative union dissolves, or the cooperative group terminates its operation (Articles 7, 51, and 64);

4. (4) Supplementing regulations on requiring electronic authentication for the authorizing person and the authorized person when authorizing the performance of procedures for: registration of establishment of cooperative groups, cooperatives, cooperative unions; registration of change of legal representative of cooperatives, cooperative unions; notification of change of information about official members, capital-contributing associate members who are economic organizations with foreign investment, individuals who are foreign investors of cooperatives, cooperative unions; registration of change of cooperative group members (Article 12);

5. (5) Completing regulations on online registration of cooperative groups, cooperatives, and cooperative unions via the electronic information network (Article 31);

6. (6) Supplementing specific regulations on the application, order, and procedures for registering changes to the content of the Certificate of Cooperative Registration, notifying changes to the content of cooperative and cooperative union registration according to legally effective court judgments or arbitration awards (Article 40);

7. (7) Supplementing regulations on the maximum total period of business suspension not exceeding 24 months and transitional provisions for cases where cooperative groups, cooperatives, cooperative unions have notified business suspension before the effective date of this Decree; Supplementing a mechanism to confirm the resumption of business operations by cooperative groups, cooperatives, cooperative unions after the announced business suspension period ends (Articles 48, 63, and 68);

8. (8) Amending and supplementing the process for changing legal status, suspending bankruptcy procedures, and annulling decisions declaring cooperatives and cooperative unions bankrupt to ensure compliance with the provisions of the Law on Recovery and Bankruptcy (Article 58);

9. (9) Supplementing the procedure for registering changes to cooperative group members and abolishing the procedure for registering changes to the representative of a cooperative group (Article 61);

10. (10) Supplementing regulations on beneficial owners of cooperatives and cooperative unions (Article 66).

11. (11) Abolishing the Appendix and forms attached to Decree No. 92/2024/ND-CP. Forms for the registration of cooperative groups, cooperatives, and cooperative unions shall comply with the provisions of Circular No. 43/2025/TT-BTC dated June 17, 2025 of the Minister of Finance promulgating forms used in the field of state management for business households, cooperative groups, cooperatives, and cooperative unions when local governments are organized at two levels.

2. Decree No. 296/2026/ND-CP amending and supplementing Decree No. 168/2025/ND-CP on enterprise registration

1. (1) Supplementing regulations on not requiring the submission of copies of application components when information in the National Enterprise Registration Database and other national databases, specialized databases has been fully and accurately exploited, and principles for applying enterprise registration procedures for single-member limited liability companies with 100% state-owned charter capital (Article 1);

2. (2) Completing regulations on requiring electronic authentication for the authorizing person and the authorized person when authorizing the performance of procedures for: enterprise establishment registration, registration of change of legal representative, owner, members of limited liability companies, information of founding shareholders, shareholders who are foreign investors of joint-stock companies that are not listed companies and companies registered for securities trading, owners of private enterprises, general partners (Article 2);

3. (3) Amending and supplementing regulations clarifying beneficial owners and the declaration and notification of information about beneficial owners of enterprises (Articles 3 and 4);

4. (4) Amending and completing regulations on the business registration authority resolving business household registration procedures: The business registration authority resolving business household registration procedures is a specialized division under the commune-level People's Committee with functions and tasks of registering business households according to the decision of the provincial-level People's Committee (in case the commune-level administrative unit establishes a specialized division) or the commune-level People's Committee (in case the commune-level administrative unit does not establish a specialized division) (Article 5);

5. (5) Completing regulations on the order and procedures for dissolution of joint-stock companies that are not listed companies and companies registered for securities trading, and the responsibility of the provincial-level business registration authority to update and store information about shareholders of joint-stock companies that are not listed companies and companies registered for securities trading after these companies dissolve (Articles 6 and 13);

6. (6) Amending regulations on enterprise establishment registration dossiers to ensure consistency and synchronicity with new regulations in the Investment Law 2025 (Article 7);

7. (7) Completing regulations on enterprise registration via the electronic information network (Article 9);

8. (8) Supplementing regulations on the maximum total period of business suspension for enterprises not exceeding 24 months; obligations to register changes, notify changes during the suspension period; a mechanism to confirm the resumption of business operations and transitional provisions for cases where enterprises have notified suspension before the effective date of this Decree (Articles 11 and 21);

9. (9) Amending and supplementing regulations on the legal status of enterprises to ensure compliance with the provisions of the Law on Recovery and Bankruptcy (Article 14);

10. (10) Reducing enterprise registration dossier components (list of authorized representatives), reducing processing time from 03 working days to 02 working days for some procedures (stopping enterprise registration procedures, business household registration, registration of changes of enterprise's affiliated units, termination of business locations, rectification of enterprise and business household registration information) (Article 19).

The Ministry of Finance hereby informs and requests the People's Committees to direct specialized agencies and commune-level People's Committees to organize the implementation of the Decree and to disseminate, popularize, and guide the people, enterprises, cooperative groups, cooperatives, and cooperative unions in the locality.

In case of difficulties during implementation, specialized agencies are requested to contact the Ministry of Finance (Department of Private Enterprise and Collective Economy Development) for support and guidance./.

Recipients:

• - As above;

• - Minister (for report);

• - Deputy Minister Nguyen Duc Chi (for report);

• - Stored: Office, DNTN.M