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Procedure for leasing a sole proprietorship

01. Conditions for application

Within 03 working days from the date on which the lease contract of sole proprietorship takes effect, the owner of the sole proprietorship must submit the file to register the lease.

02. Applicable laws

1. 2014 Law on Enterprise
2. Decree No. 78/2015/NĐ-CP
3. Decree No. 108/2018/NĐ-CP
4. Circular No. 02/2019/TT-BKHĐT

03. Procedure

Step 1: Prepare a set of the following documents

1. Notification on leasing sole proprietorship
2. Notarized copy of lease contract

Step 2: Submit the file to Business Registration Office (“BRO”) where the proprietorship is located.

Step 3: The BRO shall check the validity of the file and change the registration content of the sole proprietorship within 03 working days, or, at the enterprise’s request issue a certificate of leasing sole proprietorship.

04. Processing Time 03 working days

05. Service fee VND 2 million

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