Decree No. 89/2024/ND-CP on the conversion of state-owned enterprises established and operating under the Law on State-Owned Enterprises into limited liability companies with one member operating in accordance with the Enterprise Law.

DECREE

Von the conversion of state-owned enterprises established and operating under the Law on State-Owned Enterprises into limited liability companies organized and operating under the Law on Enterprises

Cbased on the Government Organization Law dated June 19, 2015; the Law Amending and Supplementing Certain Provisions of the Government Organization Law and the Law on Local Administration Organization dated November 22, 2019;

based on the Enterprise Law dated 17 the 6 Pursuant to Decree No. 32/2019/NĐ-CP dated April 10, 2019 of the Government on assigning tasks, procurement or tendering for the supply of products and services using state budget from regular operating expenses;20;

based on the Law on Management and Use of State Capital for Investment in Production and Business at Enterprises dated December 26, 2013; based on the Law on Tax Administration dated June 13, 2019 11 year 2014;

Pursuant to the Law on Tax Administration dated June 13, 2019;

Pursuant to the proposal of the Minister of Planning and Investment;

The Government issues this Decree von the conversion of state-owned enterprises established and operating under the Law on State-Owned Enterprises into limited liability companies organized and operating under the Law on Enterprises.

PART I

GENERAL PROVISIONS

Article 1. Scope of Regulation

This Decree stipulates the dossier, procedures, and formalities for converting enterprises established and operating under the Law on State-Owned Enterprises 1995 and the Law on State-Owned Enterprises 2003 (hereinafter referred to as the Law on State-Owned Enterprises) into limited liability companies organized and operating under the Law on Enterprises.

Article 2. Applicability

1. Enterprises established and operating under the provisions of the Law on State-Owned Enterprises that have not yet been converted into limited liability companies include:

a) Enterprises decided to be established or managed by ministries, ministerial-level agencies, government agencies, provincial people's committees, or centrally governed city people's committees (hereinafter referred to as state-owned enterprises);

b) Enterprises decided to be established or managed by a wholly state-owned limited liability company (hereinafter referred to as unconverted subsidiaries).

2. Organizations and individuals entrusted with the rights and responsibilities of the owner at the enterprise specified in point a and point b of Clause 1 of this Article include:

a) The agency representing the owner as prescribed in the Law on Management and Use of State Capital for Investment in Production and Business at Enterprises;

b) A wholly state-owned limited liability company having unconverted subsidiaries (hereinafter referred to as the parent company).

3. Organizations and individuals related to the conversion of the enterprise as prescribed in this Decree.

Article 3. Principles of Implementation of Conversion

1. Principle of Succession of Rights and Obligations:

a) The limited liability company succeeds all legitimate rights and interests of the state-owned enterprise or unconverted subsidiary; it may use all assets, labor, and land area managed by the enterprise being converted for production and business activities in accordance with the law;

b) The limited liability company is responsible for the obligations of the state-owned enterprise or unconverted subsidiary including: unpaid debts, labor contracts, obligations in land management and use according to the law on land, other obligations and responsibilities;

c) Branches, representative offices, and business locations of the limited liability company succeed all rights and obligations of the branches, representative offices, and business locations of the state-owned enterprise or unconverted subsidiary.

2. Principle of Declaration and Registration of Enterprises:

a) The enterprise has the obligation to declare the enterprise registration dossier in accordance with the information approved by the competent authority in the Decision on the conversion of state-owned enterprises or unconverted subsidiaries into limited liability companies (hereinafter referred to as the Conversion Decision). The authority deciding the conversion is responsible for the information approved in the Conversion Decision.

For information not included in the Conversion Decision, the enterprise is responsible for the legality, truthfulness, and accuracy of the information declared by the enterprise itself.

b) The enterprise is not required to affix its seal on the application for enterprise registration. Sealing of other documents in the enterprise registration dossier shall be carried out in accordance with relevant laws;

c) The person authorized to sign the enterprise registration dossier is the legal representative of the enterprise as prescribed in the Conversion Decision;

d) Delegation to carry out enterprise registration procedures shall be implemented in accordance with the Decree on Enterprise Registration.

3. Principle of Application of Procedures for Enterprise Registration:

a) The business registration agency is responsible for the validity of the enterprise registration dossier and does not bear responsibility for any violations of the law by the enterprise occurring before and after registration;

b) The business registration agency does not resolve internal disputes within the enterprise, between members of the enterprise, or between the enterprise and other organizations or individuals.

Chapter II

CONVERSION OF STATE-OWNED ENTERPRISES INTO WHOLLY STATE-OWNED LIMITED LIABILITY COMPANIES

Article 4. Authority to Decide on Conversion

The representative body of the owner decides to convert state-owned enterprises established by itself or entrusted to manage into a single-member limited liability company owned 100% by the State.

Article 5. Procedures and Formalities for Conversion

1. The state-owned enterprise shall develop a conversion proposal in accordance with the contents stipulated in point a, Clause 2, Article 7 of this Decree; the articles of association of the single-member limited liability company owned 100% by the State shall be submitted to the representative body of the owner for review.

2. Based on the proposal of the state-owned enterprise, the representative body of the owner shall issue a Decision on Conversion (in the format prescribed in Appendix I attached to this Decree).

3. After the representative body of the owner issues the Decision on Conversion, the state-owned enterprise shall submit the registration dossier for conversion in accordance with Article 6 of this Decree to the Provincial Business Registration Agency where the company's headquarters is located.

4. Within three working days from the date of receiving the dossier, the Business Registration Agency shall be responsible for examining the validity of the business registration dossier and issuing a Certificate of Enterprise Registration to the enterprise, updating information in the National Database on Enterprise Registration. In case the dossier is not valid, the Business Registration Agency shall notify in writing the necessary amendments and supplements to the state-owned enterprise. If the issuance of the Certificate of Enterprise Registration is refused, it must be notified in writing to the state-owned enterprise with clear reasons.

Article 6. Dossier for Registration of Conversion

The dossier for registration of conversion includes the following documents:

1. Application for Enterprise Registration (in the format prescribed in Appendix II attached to this Decree).

2. Decision on Conversion.

3. Articles of Association of the single-member limited liability company owned 100% by the State as prescribed in the Law on Enterprises.

4. Copies of the following documents:

a) Legal documents of the individual who is the legal representative of the single-member limited liability company as specified in the Decision on Conversion;

b) Legal documents of the individual assigned to perform the rights and responsibilities of the state owner at the enterprise as specified in the Decision on Conversion;

c) Certificate of Business Registration or other documents having equivalent legal value; tax registration certificate of the state-owned enterprise.

Article 7. Responsibilities of the Representative Body of the Owner, State-Owned Enterprise, and Single-Member Limited Liability Company Owned 100% by the State

1. The representative body of the owner shall be responsible for:

a) Issuing the Decision on Conversion, including:

Information about the legal representative of the single-member limited liability company based on the proposal of the state-owned enterprise in the conversion proposal. In case the legal representative at the time of conversion has reached retirement age, died, disappeared, is being pursued for criminal responsibility, is under arrest, is serving a criminal sentence, is serving an administrative sanction at a compulsory drug rehabilitation facility, a compulsory education facility, or has fled their place of residence, is restricted or deprived of civil capacity, has difficulty in understanding and controlling behavior, is prohibited by the court from assuming certain positions, practicing certain professions, or performing certain tasks, the representative body of the owner shall designate a legal representative (hereinafter referred to as the legal representative designated by the representative body of the owner) to carry out the procedures for registering the conversion of the enterprise in accordance with this Decree;

Personal information of individuals assigned to perform the rights and responsibilities of the state owner at the enterprise;

List and information of branches, representative offices, and business locations of the state-owned enterprise that need to be re-registered (if any);

Inventory of assets and financial report of the state-owned enterprise in the conversion proposal stipulated in point a, Clause 2, Article 7 of this Decree. The inventory of assets and financial report approved by the representative body of the owner serve as the basis for the single-member limited liability company owned 100% by the State to implement the principle of succession of rights and obligations as stipulated in point a and point b, Clause 1, Article 3 of this Decree.

b) Approving the articles of association of the single-member limited liability company owned 100% by the State as stipulated in Clause 3, Article 6 of this Decree;

c) Guiding and supervising the state-owned enterprise to organize the implementation of the conversion;

d) Completing management positions and directly appointed representatives of the single-member limited liability company owned 100% by the State within six months from the date the Business Registration Agency issues the Certificate of Enterprise Registration to the enterprise;

đ) Exercising the rights and fulfilling the obligations of the representative body of the owner at the single-member limited liability company owned 100% by the State as prescribed;

e) Reviewing and implementing restructuring, ownership conversion, and transfer of ownership representation rights at the single-member limited liability company owned 100% by the State based on the inheritance of policies already approved by competent authorities. In cases where the policy has not been approved or needs to be changed, the representative body of the owner shall require the single-member limited liability company owned 100% by the State to review and propose restructuring plans, ownership conversion, and transfer of ownership representation rights for reporting purposes.

2. The state-owned enterprise shall be responsible for:

a) Developing the conversion proposal and the articles of association of the single-member limited liability company owned 100% by the State for approval by the representative body of the owner. The conversion proposal shall include the following contents:

Legal basis, objectives, and necessity of converting the enterprise;

Name of the enterprise, in which the naming of the enterprise shall comply with the provisions of the Law on Enterprises;

Management model of the enterprise;

Headquarters location of the enterprise, construction site of production and business facilities and land area used; branches, representative offices (if any);

Information about the legal representative. In cases where the legal representative at the time of conversion has reached retirement age, died, disappeared, is being pursued for criminal responsibility, is under arrest, is serving a prison sentence, is serving an administrative compulsory measure at a drug rehabilitation facility or a compulsory education facility, has fled their place of residence, is restricted or lacks civil capacity, has difficulty in recognizing and controlling their actions, or has been prohibited by the court from holding certain positions, practicing certain professions, or performing certain tasks, report and propose to the agency representing the owner to consider and designate a new legal representative for the enterprise; 

Business sectors and industries; list of products and services provided by the enterprise; 

The registered charter capital recorded on the business registration certificate or other equivalent legal documents closest to the time of drafting the conversion proposal; 

Review, inventory, classify, determine types of capital, assets, debts, labor currently managed by the company, and the area of land under its management, as well as the situation of investment and capital contribution by the company in other enterprises, to complete the Property Inventory Report and Financial Statement of the company at the time of drafting the conversion proposal. The Property Inventory Report and Financial Statement of the company are valid within twelve months from the date the enterprise prepares them until the date the agency representing the owner approves the Decision on Conversion. 

b) Draft the Articles of Association of a state-owned single-member limited liability company with 100% state-owned charter capital in accordance with the provisions of the Enterprise Law, specifying in detail the rights and obligations of the legal representative designated by the agency representing the owner to carry out the procedures for registering the enterprise conversion as stipulated in this Decree. 

c) Complete the registration application for conversion, register the enterprise, publish the enterprise registration content, pay registration fees and charges according to the provisions of the Enterprise Law, the Decree on Enterprise Registration, and this Decree. 

3. A state-owned single-member limited liability company with 100% state-owned charter capital shall be responsible: 

a) To succeed all rights and obligations of the state-owned company in accordance with the principles set forth in Clause 1, Article 3 of this Decree, including the succession of assets listed in the Property Inventory Report and the Financial Statement approved by the agency representing the owner in the Decision on Conversion; 

b) To perform the rights and obligations of the enterprise in accordance with the law. 

Chapter III

TRANSFORMATION OF SUBSIDIARIES THAT HAVE NOT BEEN CONVERTED INTO SINGLE-MEMBER LIMITED LIABILITY COMPANIES

Article 8. Authority to decide on transformation

The Board of Members or the Chairman of the parent company decides to transform subsidiaries that have not yet been converted, which were established or entrusted to manage by itself, into single-member limited liability companies. If the subsidiary that has not yet been converted is a credit organization, the Board of Members or the Chairman of the parent company decides on the transformation after obtaining approval from the State Bank of Vietnam. 

Article 9. Procedures and formalities for transformation

1. Subsidiaries that have not yet been converted draft the Transformation Proposal in accordance with the contents specified in Point a, Clause 2, Article 11 of this Decree; the Articles of Association of the single-member limited liability company are submitted to the Board of Members or the Chairman of the parent company for consideration and proposal to transform into a single-member limited liability company. 

2. Based on the proposal of the subsidiary that has not yet been converted, the Board of Members or the Chairman of the parent company issues the Decision on Transformation (in the format prescribed in Appendix I attached to this Decree). 

3. After the Board of Members or the Chairman of the parent company issues the Decision on Transformation, the subsidiary that has not yet been converted submits the registration application for transformation as stipulated in Article 10 of this Decree to the Business Registration Agency of the province where the company's headquarters is located. 

4. Within three working days from the date of receiving the application, the Business Registration Agency is responsible for examining the validity of the enterprise registration application and issuing the Enterprise Registration Certificate to update the information in the National Database on Enterprise Registration. If the application is incomplete, the Business Registration Agency is responsible for notifying in writing the necessary amendments and supplements to the subsidiary that has not yet been converted. If the issuance of the Enterprise Registration Certificate is refused, it must notify in writing the subsidiary that has not yet been converted and specify the reasons.

Article 10. Documents for registration of conversion

The dossier for registration of conversion includes the following documents:

1. Application for Enterprise Registration (in the format prescribed in Appendix II attached to this Decree).

2. Decision on Conversion.

3. The charter of a limited liability company with one member as prescribed in the Enterprise Law.

4. Copies of the following documents:

a) Legal documents of the individual who is the legal representative of the single-member limited liability company as specified in the Decision on Conversion;

b) Legal documents of individuals regarding the representative of the parent company's capital at the limited liability company with one member as prescribed in the Conversion Decision;

c) Business registration certificate or other documents of equivalent legal value; tax registration certificate of the subsidiary that has not yet converted.

Article 11. Responsibilities of the parent company, the subsidiary that has not yet converted, and the limited liability company with one member

1. The Board of Members or the Chairman of the parent company shall be responsible for:

a) Issuing the Conversion Decision, which includes:

Information on the legal representative of the limited liability company with one member based on the proposal of the subsidiary that has not yet converted in the Conversion Plan. In case the legal representative at the time of conversion reaches retirement age, dies, goes missing, is under criminal investigation, is detained, is serving a prison sentence, is serving administrative measures at compulsory drug rehabilitation centers or compulsory educational centers, has fled from their place of residence, is restricted or lacks civil capacity, has difficulty in understanding and controlling their actions, is prohibited by the court from holding certain positions, practicing certain professions, or performing certain tasks, the Board of Members or the Chairman of the parent company shall appoint the legal representative of the enterprise (hereinafter referred to as the legal representative appointed by the parent company) to carry out the registration procedures for converting the business as prescribed in this Decree;

Information on the representative of the parent company's capital at the limited liability company with one member authorized in writing by the parent company to exercise the rights and responsibilities of the parent company towards its invested capital in the limited liability company;

List of branches, representative offices, and business locations of the subsidiary that needs to re-register (if applicable);

Inventory list and financial report of the subsidiary that has not yet converted as prescribed in point a, clause 2 of this Article. The inventory list and financial report approved by the Board of Members or the Chairman of the parent company serve as the basis for the limited liability company with one member to implement the principle of succession of rights and obligations as prescribed in point a, point b, clause 1 of Article 3 of this Decree;

In case the subsidiary that has not yet converted is a credit organization, the Board of Members or the Chairman of the parent company shall report to the State Bank of Vietnam for examination and approval of the conversion of the credit organization before issuing the Conversion Decision;

b) Approving the charter of the limited liability company with one member as prescribed in clause 3 of Article 10 of this Decree;

c) Guiding and supervising the subsidiary that has not yet converted to organize the implementation of the conversion;

d) Completing the management position of the limited liability company with one member within six months from the date the Business Registration Agency issues the Business Registration Certificate to the enterprise;

đ) Exercising the rights and fulfilling the obligations of the owner at the limited liability company with one member held 100% by the parent company according to regulations;

e) Reviewing and implementing the restructuring, ownership transfer at the limited liability company with one member held 100% by the parent company based on the inheritance of policies and plans already approved by competent authorities. In cases where the policy or plan has not been approved or must be changed, the Board of Members or the Chairman of the parent company must submit to the competent authority for review, amendment, and supplementation of the approved policy or plan to have a basis for restructuring and ownership transfer for the limited liability company with one member held 100% by the parent company.

2. The subsidiary that has not yet converted shall be responsible for:

a) Building the Conversion Plan and the charter of the limited liability company with one member to be submitted to the Board of Members or the Chairman of the parent company for approval;

The Conversion Plan includes the following contents:

Legal basis, objectives, and necessity of converting the enterprise;

Name of the enterprise, wherein the naming of the enterprise is carried out according to the provisions of the Enterprise Law; - Management model of the enterprise;

Headquarters location of the enterprise, construction site of production and business facilities and land area used; branches, representative offices (if any);

Information about the legal representative. In case the legal representative at the time of conversion reaches retirement age, dies, goes missing, is under criminal investigation, is detained, is serving a prison sentence, is serving administrative measures at compulsory drug rehabilitation centers or compulsory educational centers, has fled from their place of residence, is restricted or lacks civil capacity, has difficulty in understanding and controlling their actions, is prohibited by the court from holding certain positions, practicing certain professions, or performing certain tasks, then report and propose to the Board of Members or the Chairman of the parent company for consideration and appointment of the legal representative of the enterprise;

Business sectors and industries; product and service catalog provided by the enterprise;

Registered charter capital recorded on the business registration certificate or other documents of equivalent legal value closest to the time of building the Conversion Plan;

Review, inventory, classify, determine types of capital, assets, debts, labor currently managed by the company, and the area of land under its management, as well as the situation of investment and capital contribution by the company in other enterprises, to complete the Property Inventory Report and Financial Statement of the company at the time of drafting the conversion proposal. The Property Inventory Report and Financial Statement of the company are valid within twelve months from the date the enterprise prepares them until the date the agency representing the owner approves the Decision on Conversion. 

b) Building the charter of the limited liability company with one member, in which it specifically defines the rights and obligations of the legal representative appointed by the Board of Members or the Chairman of the parent company to carry out the registration procedures for converting the business as prescribed in this Decree.

c) Complete the registration application for conversion, register the enterprise, publish the enterprise registration content, pay registration fees and charges according to the provisions of the Enterprise Law, the Decree on Enterprise Registration, and this Decree. 

3. The limited liability company with one member shall be responsible for:

a) Successor all rights and obligations of the subsidiary that has not yet converted according to the principles prescribed in clause 1 of Article 3 of this Decree, including the successor of assets listed in the inventory and financial report approved by the Board of Members or the Chairman of the parent company in the Conversion Decision;

b) To perform the rights and obligations of the enterprise in accordance with the law. 

Chapter IV

RE-REGISTRATION OF BRANCHES, REPRESENTATIVE OFFICES, AND BUSINESS LOCATIONS OF STATE ENTERPRISES AND SUBSIDIARIES THAT HAVE NOT YET CONVERTED

Article 12. Procedure and formalities for re-registration

1. In cases where state-owned enterprises, unconverted subsidiaries with branches, representative offices, business locations, and single-member limited liability companies after conversion have the responsibility to re-register their branches, representative offices, and business locations in accordance with this Decree.

2. Within fifteen days from the date of issuance of the Enterprise Registration Certificate, the single-member limited liability company shall submit the re-registration dossier for its branches, representative offices, and business locations as stipulated in Article 13 of this Decree to the Provincial Business Registration Authority where the branches, representative offices, and business locations are located.

3. Within three working days from the date of receiving the dossier, the Business Registration Authority shall be responsible for examining the validity of the dossier and issuing the Certificate of Branch Operation Registration, Representative Office Registration, updating information about business locations in the National Enterprise Registration Database. If the enterprise requests, the Business Registration Authority shall issue the Business Location Registration Certificate to the enterprise. In case of refusal to issue the Certificate of Branch Operation Registration, Representative Office Registration, the Business Registration Authority shall notify the enterprise in writing and specify the reasons.

Article 13. Dossier for Re-registration

The re-registration dossier includes the following documents:

1. Notification of re-registration of branches, representative offices, and business locations signed by the legal representative of the single-member limited liability company (according to the model prescribed in Appendix IV issued together with this Decree).

2. Decision on conversion, including information about the branches, representative offices, and business locations to be re-registered according to this Decree (according to the model prescribed in Appendix I issued together with this Decree).

3. Copies of the following documents:

a) Legal documents of the head of branches, representative offices, and business locations of the single-member limited liability company;

b) Certificate of Branch Operation Registration, Representative Office Registration, Business Location Registration of state-owned enterprises, unconverted subsidiaries or other documents of equivalent legal value.

In case the content of branch operation registration, representative office registration, business location registration has already been recorded on the business registration certificate of state-owned enterprises, unconverted subsidiaries or other documents of equivalent legal value, the enterprise shall submit the business registration certificate of state-owned enterprises, unconverted subsidiaries or other documents of equivalent legal value instead of this type of document;

c) Tax registration certificate of branches, representative offices of state-owned enterprises, unconverted subsidiaries.

Chapter V

Article 30. IMPLEMENTATION AND ORGANIZATION OF IMPLEMENTATION

Article 14. Effective Date

This Decree takes effect from August 1, 2024. Government Decree No. 25/2010/NĐ-CP dated March 19, 2010 on the conversion of state-owned enterprises into single-member limited liability companies and the organization of management of single-member limited liability companies owned by the State shall cease to be effective from the date this Decree comes into force.

Article 15. Responsibility for Implementation

1. The agency representing the owner, the Board of Members or the Chairman of the parent company shall be responsible for urging, guiding, and supervising state-owned enterprises, unconverted subsidiaries to complete the conversion into single-member limited liability companies within two years from the date this Decree takes effect. In case the conversion is not completed within the specified time, the head of the agency representing the owner, the Chairman of the Board of Members or the Chairman of the parent company shall be responsible for reporting and explaining the objective and subjective reasons, sending them to the Ministry of Planning and Investment for consolidation and reporting.

2. The Ministry of Planning and Investment shall be responsible for monitoring and supervising the implementation of this Decree.

3. Ministers, Heads of Ministries equivalent to Ministries, Heads of agencies under the Government, Chairmen of People's Committees of provinces and centrally-run cities, Board of Members or Chairmen of parent companies which are single-member limited liability companies held 100% by the State shall be responsible for implementing this Decree.

 

 

REGULATIONS ON THE CERTIFICATE DESIGN FOR OUTSTANDING RURAL INDUSTRIAL PRODUCTS

(The attached Decree number: 89 /2024/ND-CP dated July 16, 2024 of the Government ;)

 

 

NOTICE

Regarding the re-registration of branch/representative office/business location

^___________

 

Respectfully submitted to: Business Registration Office of Province/City …

 

Name of the enterprise (written in capital letters): ..............................................

Enterprise code/Tax code: …

 

Re-registering branch/representative office/Notifying establishment of business location with the following contents:

1. Name of branch/representative office/business location:

Name of branch/representative office/business location in Vietnamese (written in capital letters): ........................................................................................................

Name of branch/representative office/business location in foreign language (if there is): ………..................................................................................................

Abbreviated name of branch/representative office/business location (if there is): ........................................................................................................................

2. Address of branch/representative office/business location:

House number, alley, lane, street/ward/village/hamlet: …

Commune/Ward/Town: …

District/County/City under province: …

Province/City: …

Telephone (if there is): …Fax (if there is): ...................

Email (if there is): …Website (if there is): ............

- Branch/Representative office/Business location located within (Mark X in the corresponding box if the enterprise registers the address of the branch/representative office/business location within industrial park/export processing zone/economic zone/high-tech zone):

3. Business industry and activities:

a) Business industry (only declare for branch, business location):

b) Activities content (only declare for representative office): ............

4. Head of branch/representative office/business location:

Full name (written in capital letters): …Gender: …

Date of birth: …/…/…Ethnicity: …Nationality: …

Type of individual legal document:

 

Number of individual legal document:   …

Date of issue: …./…./….Issuing authority: …Expiry date (if there is): …/…/…

Permanent address:

House number, alley, lane, street/ward/village/hamlet: …

Commune/Ward/Town: …

District/County/City under province: …

Province/City: …

Country: …

Contact address:

House number, alley, lane, street/ward/village/hamlet: …

Commune/Ward/Town: …

District/County/City under province: …

Province/City: …

Country: …

Telephone (if available): … Email (if available): …

5. Managing branch (only declare for the case of re-registering business location under branch):

Name of branch: …

Address of branch: …

Branch code/Branch tax code: …

Certificate of registration number for branch activity (in case there is no branch code/branch tax code): … Date of issue …/…/… Issuing authority: ………

6. Request for issuance of Business Location Registration Certificate (only declare for the case of re-registering business location, the enterprise marks X in one of the two boxes below):

   Business Location Registration Certificate records information of all business locations

   Business Location Registration Certificate records information of each individual business location

7. Tax registration information:

 

 

8. Information of branch/representative office/business location               of state-owned company/subsidiary not yet converted

Name of branch/representative office/business location (written in uppercase letters               ): ........................................................................................................................

Tax code: ...

Certificate of registration for branch/representative office/business location activity or other legal equivalent document (only declare if there is no tax code):…Date of issue …/…/…… Issuing authority: …

The enterprise commits:

- The headquarters of the branch/representative office/business location is under the lawful ownership/right of lawful use of the enterprise and is used for the purpose prescribed by law;

- Fully responsible before the law for the legality, accuracy, and truthfulness of the contents of this Notification.

The person signing this Notification commits to be the person authorized and obligated to perform the enterprise registration procedures according to the law and the Company Charter./.