Company dissolution services in Vietnam 2026 assist enterprises in completing all dissolution procedures, tax settlement, tax code closure, and legal documentation in accordance with the law.
In reality, the enterprise dissolution procedures involve not only submitting dissolution documents but also tax settlement, tax code closure, asset liquidation, and handling various other legal obligations. If not done correctly, the dissolution process can be prolonged, incurring additional costs, or resulting in administrative penalties.
Choosing to cease operations and dissolve a company in Vietnam is never an easy decision for enterprise owners. Besides financial and personnel pressures, many enterprises also face difficulties in handling closure paperwork, dealing with tax authorities, or completing outstanding legal obligations.
Understanding these difficulties, Viet An Law provides comprehensive business dissolution services in 2026, supporting clients from legal consultation, document preparation, dissolution tax settlement to completing procedures at the business registration authority. With a team of experienced lawyers and experts, Viet An Law is committed to assisting enterprises in carrying out procedures quickly, in accordance with regulations, and at optimal costs.
| Criteria | Information |
|---|---|
| Service | Full-package company dissolution services |
| Main procedures | Vietnam company dissolution dossier preparation, tax finalization, and closing of the tax identification number |
| Execution timeline | Approximately 30 – 90 days, depending on the specific status of the corporate dossier |
| Prerequisites for dissolution | The enterprise must have no outstanding debts or unfulfilled financial obligations |
| Critical milestone | Tax finalization for dissolution and closing (deactivating) the corporate tax identification number |
| Processing authorities | Business Registration Office under the Department of Finance |
| Tax obligations | Mandatory to be fully completed and cleared prior to company dissolution |
| Social insurance obligations | Must fully settle social insurance contributions and ensure all employee benefits are resolved |
| Applicable entities | Limited liability companies, Joint stock companies, and FDI enterprises. |
| Service support | Providing corporate dissolution consultancy, handling legal dossiers, and acting as the authorized representative to work with competent state authorities |
Some legal issues regarding business dissolution
According to Article 207 of the Law on Enterprises 2020 (amended and supplemented in 2025), businesses should carry out the procedure for ceasing business operations when they no longer need to continue operating or when they fall under the cases requiring termination of operations as prescribed by law. Consolidating the company at the right time will help enterprises limit legal risks, reduce maintenance costs, and avoid unnecessary tax obligations.
According to Clause 2, Article 207 of the Law Enterprises 2020, enterprises are only allowed to carry out the company closure procedure when they fully meet the conditions stipulated by law. This is a mandatory requirement to ensure the rights of employees, creditors, and related parties before the enterprise officially ceases operations.
The conditions for company dissolution in Vietnam include:
Furthermore, in the event that a business is dissolved by a decision of a competent state authority, the business managers and related individuals may be jointly liable for the enterprise’s outstanding debts and financial obligations.
In practice, fulfilling all the conditions for company dissolution is crucial for enterprises to complete the procedures quickly, avoiding delays in processing documents or legal risks during the company closure process.
| Legal risks | Details |
|---|---|
| Rejection of company dissolution dossier | The enterprise does not clearly understand the legal process or prepares an incomplete dissolution dossier contrary to statutory regulations |
| Prolonged company closure timeline | Errors in tax procedures, asset liquidation, or debt settlement cause the company dissolution timeline to be significantly extended |
| Tax penalties and fines | Errors or mistakes during tax finalization for dissolution or close tax code in Vietnam can lead to administrative penalties. |
| Arising labor disputes | Failure to fully pay salaries, social insurance contributions, or severance allowances to employees |
| Ineligibility for company dissolution | The enterprise has not yet fulfilled its financial obligations, outstanding liabilities, or is still involved in ongoing court disputes. |
| Specific risks for foreign invested company dissolution | Failure to complete customs finalization procedures, terminate the investment project, or settle obligations with management authorities |
| Arising unexpected expenses | Dossiers requiring multiple re-submissions or undergoing intensive tax audits increase the total cost of terminating the legal person status |
| Joint and several liability of the legal representative | The representative may still bear personal liability for unfulfilled debts or outstanding financial obligations after the company closes |
In fact, to mitigate legal risks and save time processing paperwork, many enterprises choose to use company liquidation services to assist with tax settlement, closing the business’s tax code, and shutting down the company in accordance with the law.
When using company liquidation services or consulting company closure services at Viet An Law, clients need to provide certain necessary documents and records to support the process to close the company, settle taxes, and close tax code in Vietnam in accordance with legal regulations.
| Dossier | Specific documents |
|---|---|
| Enterprise Registration Certificate | A copy or the original copy of the ERC |
| Investment Registration Certificate | Applicable to FDI enterprises or foreign-invested companies |
| Corporate tax dossier | Notice of tax finalization, or confirmation of corporate tax identification number deactivation (if any) |
| Foreign investment report | Investment status report for FDI enterprises |
| Information on liabilities and financial obligations | Including loans, outstanding debts, and unfulfilled obligations to partners and employees |
| Accounting books and documents | Invoices, accounting vouchers, financial statements, and other relevant documents |
| Social Insurance dossier | Confirmation of completion of social insurance obligations or other labor-related duties |
| Other legal documents | Official dispatch confirming no outstanding tax debts, no outstanding social insurance contributions, or other relevant papers depending on specific cases |
Based on the client’s provided documents, Viet An Law will assist in consulting, reviewing the legal status of the business, preparing company dissolution documents, tax finalization for company dissolution, and completing the business closure procedures in accordance with current legal regulations.
Viet An Law’s company dissolution service is carried out professionally, assisting enterprises in handling all legal documents, settling taxes, and completing the company dissolution procedures in accordance with the law. Depending on whether the company dissolution is voluntary or mandatory, Viet An Law will advise on the most suitable option to optimize time and costs for the enterprise.
Viet An Law receives information, legal documents, and the actual operational status of the enterprise to assess its feasibility of carrying out the legal entity termination procedure.
The support services include:
Key contents of the dissolution decision include:
During the business closure procedures, the enterprise must liquidate assets and fully settle all debts in the order of priority stipulated in the Law on Enterprises 2020.
Asset liquidation may be carried out by:
carry out the liquidation process directly if the company’s charter does not stipulate a separate liquidation organization.
The company’s debts are paid in the following order:
Viet An Law assists enterprises in handling tax settlement for dissolution, closing the company’s tax code, and reviewing financial obligations before submitting company dissolution documents.
| Dissolution form | Execution process |
|---|---|
| Voluntary company dissolution | Approve the dissolution decision → Liquidate corporate assets → Notify the dissolution → Settle outstanding debts → Submit the dossier for termination of business operations. |
| Compulsory company dissolution | State authority notifies the dissolution status → The enterprise holds a meeting regarding the dissolution → Settle financial obligations → Submit the official company dissolution dossier |
Viet An Law represents clients in working with tax authorities, business registration agencies, customs, and other relevant agencies to support the processing of procedures quickly and in accordance with the law.
After completing the company closure documents, Viet An Law continues to monitor the processing status and support the enterprise until the dissolution status is updated on the national business registration system.
| Stage | Estimated timeline |
|---|---|
| Notification of dissolution status in progress | 07 – 10 days |
| Tax finalization and asset liquidation | Depending on the specific status of the enterprise |
| Completion of company closure procedures | 05 working days from the date of submitting a valid dossier |
| Cases where no dissolution dossier is submitted | 180 days from the date of the dissolution notification, provided that no objections are raised |
In reality, the process of dissolving a company can be prolonged if the enterprise has not yet settled its debts, completed its tax obligations, or if related legal disputes arise.
The company dissolution costs in Vietnam are not fixed and will depend on the legal status, financial obligations, and actual documentation of each enterprise. During the business dissolution procedures, the following factors can directly affect the total cost of company dissolution:
| Influencing factors | Details |
|---|---|
| Corporate tax status | Enterprises that have not completed tax finalization, have outstanding tax debts, or have errors in tax declarations usually incur higher handling costs |
| Accounting books and records | Incomplete, unfinalized accounting dossiers or a large volume of arising invoices requiring review will increase the total cost of closing the company |
| Financial obligations and liabilities | Enterprises with outstanding loans, liabilities to partners, or unfulfilled obligations to employees will require additional processing time |
| Type of business entity | Dissolving an LLC, a Joint stock company, or an FDI enterprise involves different levels of complexity. |
| Import-export operational status | It is required to execute additional customs obligation verification procedures before deactivating the corporate tax identification number |
| Actual operational status | Enterprises that have been inactive for many years or have had their tax identification numbers locked typically incur additional handling procedures |
| Scope of dissolution services | Opting for a full-package dissolution service will include comprehensive legal consultation, tax dossier handling, and acting as the authorized representative to work with state authorities |
| Dossier processing time | Dossiers requiring urgent handling or triggering intensive tax audits can increase the overall execution costs |
In reality, the cost of dissolving a company is usually lower for enterprises with clear tax records, few outstanding debts, and full fulfillment of financial obligations. Conversely, enterprises with accounting errors, tax debts, or complex legal documentation will typically take more time and cost more to process when closing down.
As mentioned above, according to Article 207 of the Law on Enterprises 2020, for an enterprise to be eligible for dissolution, it must ensure that all debts and other financial obligations, including tax obligations and social insurance obligations to the State, are fully paid.
Therefore, if the company still owes taxes or social insurance contributions, its dissolution will not be approved according to regulations. In cases where the company is no longer able to pay and the business owner does not wish to continue operating, they can file a petition for bankruptcy proceedings with the competent court.
According to Clause 1, Article 213 of the Law on Enterprises 2020 (amended and supplemented in 2025), branches, representative offices, and business locations of enterprises may cease operations by decision of the enterprise itself or by decision of a competent state agency revoking the ERC, branch operation, representative office operation, or business location.
Although not directly stipulated, it can be understood that the branch or representative office of an enterprise will cease operations before the enterprise is officially dissolved (when the enterprise’s status is updated to “dissolved” on the National Portal for Enterprise Registration). Otherwise, after the company is dissolved, it will not have the authority to issue a decision to terminate the operations of its branch or representative office.
Currently, the law does not restrict business owners from establishing a new company immediately after dissolution. Therefore, business owners have the full right to establish a new company immediately after dissolving the old one, as long as the dissolution process has been carried out in accordance with the law.
Enterprises should use a company closure service when they encounter difficulties in handling tax matters, debts, labor obligations, or lack a dedicated department to handle legal procedures.
The service typically includes advising on dissolution conditions, reviewing the business’s legal status, preparing documents, settling taxes, closing the tax identification number, and representing the business in dealings with government agencies.
No. If the company closure application is incomplete or contains incorrect information, the business registration authority may request amendments, additions, or refuse to process the application.
Yes. However, the enterprise needs to complete the procedures for restoring the tax identification number, settling tax declaration obligations, and settling taxes before completing the dissolution process.
Yes. Even without revenue, the enterprise must still complete the tax settlement procedure for dissolution according to current legal regulations.
No. The enterprise must fulfill its social insurance obligations, pay wages, and other employee benefits before closing the company.
Yes. The consulting unit will assist the enterprise in explaining documents, handling tax issues, and working directly with the tax authorities during the dissolution process.
It depends on the case. If the business used a seal previously issued by the police, it must return the seal according to regulations.
Yes. Enterprises can authorize a law firm or legal consulting firm to carry out the company closure procedures on their behalf.
Yes. The business dissolution service applies to both domestic enterprises and foreign-invested enterprises (FDI), including the procedure for terminating investment projects as stipulated by law.
Contact Viet An Law for advice and support in company dissolution to save time and optimize costs.
