Business Suspension for Foreign-Invested Companies

An optimal solution that helps FDI enterprises maintain their legal presence and control costs.

While operating in Vietnam, a foreign-invested enterprise (FDI) may go through periods that call for restructuring its operations, adjusting its investment strategy, pausing project implementation, or waiting for more favorable market conditions. In such cases, business suspension is a suitable solution that allows the enterprise to maintain its legal status, minimize operating costs, and make it easier to resume operations in the future.

Business suspension must be carried out in accordance with the correct procedures and deadlines under current enterprise law. We provide a full-package advisory and filing service for business suspension, helping enterprises complete the dossier quickly, limit legal risks, and ensure compliance with state authority requirements.

Business suspension dossier

Depending on the type of enterprise and the status of the investment project, the dossier may include:

• The notice of business suspension.
• The decision of the owner, the Members' Council, or the General Meeting of Shareholders.
• The minutes of the meeting of the enterprise's governing body (if any).
• A power of attorney for the party carrying out the procedure.
• Documents relating to the investment project and the enterprise's operations, as required by the competent authority.