In the realm of business registration, ensuring that your company’s branch accurately reflects its industries and professions is essential for compliance and operational clarity. This often necessitates the submission of a supplemental registration file. In this discussion, we will delve into the concept of the supplemental registration file for branch registration of industries and professions. We will explore its significance and the process involved in making sure that your company’s branch aligns seamlessly with its activities.
Question:
The parent company has industry code 4690, and now the branch wants to operate according to industry code 4690. Do they have to submit additional documents for the industry and profession for it?
Answer:
– Pursuant to Article 44 of the Enterprise Law 2020, a branch is a dependent unit of the enterprise, responsible for performing the whole or a part of the functions of the enterprise, including the function of representation under authorization. The business sector of the branch must be consistent with the business sector of the enterprise.
– Therefore, in case the enterprise wishes to register additional industry and profession for the branch, it is requested that the enterprise submit a notification of change in form II-13- Circular 02/2019/TT-BKHDT. In case the applicant is not the legal representative, they must provide a Power of Attorney for the applicant. This should be accompanied by a valid copy of the applicant’s identification card/citizen identification card/passport.
Conclusion
In conclusion, the supplemental registration file for branch registration of industries and professions plays a vital role. It ensures that your business operates within the boundaries of the law and accurately represents its activities. By understanding the importance of this process and the requirements involved, companies can navigate the regulatory landscape with confidence. This fosters growth and clarity in their branch operations.
HMLF is always available to offer assistance in understanding the procedures with authorities.
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