Decree No. 122/2020/ND-CP dated October 15, 2020 of the Government prescribing inter-agency coordination in settlement of procedures for registration of establishment of enterprises, branches and representative offices, declaration of labor use, grant of identification numbers of units participating in social insurance, and registration for use of invoices of enterprises

Inter-agency coordination among business registration agencies and other state management agencies

On October 15, 2020, the Government promulgates the Decree No. 122/2020/ND-CP prescribing inter-agency coordination in settlement of procedures for registration of establishment of enterprises, branches and representative offices, declaration of labor use, grant of identification numbers of units participating in social insurance, and registration for use of invoices of enterprises.

After granting establishment registration certificates, or when there is a change in the contents of registration, of enterprises, branches or representative offices, business registration agencies shall share with social insurance agencies the information on enterprise registration certificates, operation registration certificates of branches or representative offices. For cases of establishment registration certificate grant, sharing expected total number of employees, business lines, methods of payment of social insurance premiums of the enterprises, branches or representative offices with social insurance agencies is also required.

When enterprises pay social insurance premiums, social insurance agencies shall share information on the number of employees who pay social insurance premiums with business registration agencies for performing the state management of enterprises after establishment registration.

Also, business registration agencies shall share information on the name, identification number, address and at-law representative of an enterprise, the head of a branch or representative office, main business lines and expected total number of employees of the enterprise, branch or representative office established in the locality with the Labor, War Invalids and Social Affairs Division or Labor, War Invalids and Social Affairs Department where the enterprise, branch or representative office is located and with the Ministry of Labor, Invalids and Social Affairs to serve the state management of labor.

In terms of tax, tax offices shall share with business registration agencies the information on identification numbers of enterprises, branches or representative offices, and decentralization of powers to managing tax offices which is automatically generated by the tax registration information system.

This Decree takes effect on October 15, 2020.

Source: luatvietnam