According to the provisions of Decree 80/2021/ND-CP, small and medium enterprises converted from business households will receive the following support:

05 support for small and medium enterprises converted from business households from October 15, 2021 (illustration image)
Support consulting, guiding documents and procedures for setting up a business
– The People’s Committees of the provinces and centrally-run cities (collectively referred to as the provincial-level People’s Committees) assign the Department of Planning and Investment to advise and guide free of charge business households to register to transform into enterprises on:
+ Order, procedures and application for registration of enterprise establishment;
+ Order, procedures and application for certification of business eligibility for conditional business lines (if any).
– Business households that register to convert into enterprises need advice, guidance, and request for support through direct or online form to the Department of Planning and Investment.
Within 03 working days from the date of receipt of the application, the Department of Planning and Investment is responsible for providing free advice and guidance on the above-said contents.
Support business registration, business information disclosure
Small and medium-sized enterprises converted from business households are exempted from the fee for first-time business registration at the business registration office, free of charge for publishing the contents of their first business registration at the National Business Registration Portal. family.
Support for registration of conditional business lines
– Small and medium-sized enterprises converted from business households to continue their production and business activities in conditional business lines without changing their scale, shall send a request to the competent state management agency. to be granted documents related to business investment conditions.
– Within 03 working days from the date of receipt of the request of the enterprise, the competent state management agency shall have to issue documents related to business investment conditions for the enterprise.
License fee support
Small and medium-sized enterprises converted from business households are exempt from license fees for a period of 03 years from the date of being granted the first business registration certificate.
Support consulting, guiding tax administrative procedures and accounting regime
– Small and medium-sized enterprises converted from business households are entitled to free advice and guidance on tax administrative procedures and accounting regimes within 3 years from the date of being granted the first business registration certificate. .
– Provincial People’s Committees assign the Department of Finance to provide free advice and guidance on tax administrative procedures and accounting regimes specified above.
Decree 80 takes effect from October 15, 2021.
Source: Law Library.
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