In a dynamic and flexible economic landscape, many entrepreneurs discover new business opportunities or resolve internal difficulties after filing for termination, leading to a desire to maintain their existing legal entity. However, can a company that has already filed for dissolution reverse the process, and how does the current legal framework govern this issue? In the following article, Viet An Law will provide a detailed guide on the latest regulations to cancel company dissolution status in Vietnam 2026: procedure & guide, helping clients swiftly restructure and stabilize their business operations.
The answer is yes. Business law always creates the most favorable conditions for economic organizations to maintain and develop. However, resuming operations is not automatic; it must be accompanied by strict conditions regarding time and legal status.
A business is only allowed to resume operations when its status in the national business registration database is still at “In the process of dissolution”. If the system has updated its status to “Resolved”, then the company’s dissolution process has completely ended and cannot be resumed.
According to Articles 64 and 65 of Decree 168/2025/ND-CP, enterprises have the right to revoke company dissolution status if they meet the following conditions:
(ảnh: Conditions for restoring business operations in Vietnam)
Conversely, if the above conditions are not met, the enterprise will lose the right to restore its status in the following cases:
To resume operations, businesses need to prepare a set of documents to submit to the Business Registration Authority under the Department of Finance where the business is headquartered, including:
When deciding to cancel business dissolution, customers need to follow the procedure for notifying the business dissolution in the following order:
Note: Currently, the business registration application process is being implemented synchronously online. Therefore, businesses will submit 100% of their applications through the National Business Registration Portal.
Does a company undergoing dissolution have to pay a fine if it wants to resume operations?
According to Article 64 of Decree 168/2025/ND-CP, the act of notifying the cancellation of the dissolution decision (if submitted within the 180-day deadline) is a right of the enterprise and does not incur any penalties.
However, if during the “in dissolution” period, the enterprise commits tax violations (late filing of tax returns, failure to pay all outstanding taxes, etc.) or other unresolved violations, the enterprise will still be subject to corresponding administrative penalties from state agencies.
After the Business Registration Authority restores the legal status and the Tax Authority restores the tax identification number, the enterprise can continue its operations, sign contracts, issue invoices, and fulfill its rights and obligations as usual.
Note: Enterprises should review their subsidiary licenses to see if any have expired or been revoked during the temporary suspension/dissolution process and apply for renewal.
| Comparison criteria | Cancellation of enterprise dissolution status | Establishing a new company |
| Tax code & business registration number | Maintain the old number; preserve the operating history and seniority of the legal entity. | Issued a completely new business registration number and tax code. |
| Processing time | 01 working day | From 03 to 05 working days |
| Company name | Restore the former name without the risk of it being registered by other business entities. | Must be searched from scratch; carries the risk of being identical or causing confusion with other brands. |
| Asset dossiers & specialized licenses | Retain ownership rights over assets, trademarks, and sub-licenses (provided these licenses remain legally effective). | Must re-execute all new registration procedures or perform procedures to transfer assets from the old legal entity. |
| Financial & tax obligations | Must perform tax finalization and fulfill all outstanding tax obligations incurred previously (if any). | Subject to new establishment fees, stamp engraving fees, purchase of digital signatures, e-invoices, and initial tax declaration obligations. |
| Credit history & capability profile | Retain the capability profile, as well as the transaction history with banks and commercial partners. | The capability profile starts from zero; faces more difficulties when participating in project bidding that requires seniority. |
| Recommended cases | Enterprises with long-standing brand reputation in the market that wish to retain the old legal entity status to continue business. | The old enterprise has incurred excessive tax debt, faces complex internal disputes, or wishes to completely change its strategic direction. |
Yes, an enterprise undergoing complete dissolution can resume operations. However, the business must follow the procedures for notifying the authorities of the company’s dissolution as analyzed in the section above.
Once a company has completed the dissolution process and its tax identification number has been closed/blocked pending final settlement, it is not permitted to use or issue commercial invoices. The dissolution cancellation procedure and restoration of the tax identification number are required before invoices can be issued again.
If the tax identification number is terminated due to the business completing voluntary dissolution and the Business Registration Authority has recorded it as “dissolved”, it cannot be restored. However, if the tax identification number is deactivated while awaiting dissolution or due to administrative violations (abandoning the business address), the business still has the opportunity to apply for restoration of the tax identification number according to the regulations of the Law on Tax Administration.
If you have any questions or require assistance regarding the cancel company dissolution status in Vietnam 2026: procedure & guide, please contact Viet An Law Firm for prompt support.
