Many new regulations regarding business registration.

From July 1st, Government Decree 168/2025/ND-CP (Decree 168) officially came into effect, bringing about many changes in business registration procedures. With the goal of administrative reform, supporting startups, and promoting digital transformation, Decree 168 is expected to create favorable conditions for individuals and organizations in the process of establishing and operating businesses.

Many fundamental changes

According to Mr. Nguyen Duc Thanh, Deputy Director of the Ca Mau Provincial Department of Finance, compared to the previous Decree 01/2021/ND-CP, Decree 168 brings about many fundamental changes to support businesses in more easily registering their establishment and changing their operational information. One of the highlights is the shift in management authority and stronger decentralization. Currently, the provincial-level business registration agency (Business Registration Department) under the Department of Finance directly receives and processes business registration applications in the province. At the commune level, the authority to issue business registration certificates for cooperatives and household businesses is handled by the Economic Department or the Economic - Infrastructure and Urban Department of the commune People's Committee, instead of the district-level Finance - Planning Department as before.

In addition, online business registration is encouraged and implemented synchronously. From July 1st, businesses can complete the entire registration process through the National Public Service Portal using an electronic identity account. “When submitting applications online, businesses no longer need to include copies of personal documents as before. Electronic documents have the same legal validity as paper documents, saving time and costs and encouraging the use of online public services,” Mr. Thanh stated.

Notably, Decree 168 also reduces the requirement for seals in registration documents and clarifies regulations on beneficial owners, in line with international practices in anti-money laundering.

At the commune level, the authority to issue business registration certificates for cooperatives and household businesses rests with the Economic Department or the Economic - Infrastructure and Urban Department of the commune People's Committee. (In the photo: People carrying out administrative procedures at the Da Bac Commune Public Administrative Service Center).

Reduce costs, shorten time.

One significant reform highly appreciated by many businesses is Decree 168, which allows the use of a single set of documents for multiple administrative procedures. “Businesses no longer have to prepare multiple sets of documents for each individual management agency. One set of documents can simultaneously serve purposes such as business registration, tax registration, social insurance, etc. Thanks to this, businesses save time preparing documents, printing costs, travel expenses, and avoid risks arising from complex procedures,” Mr. Thanh shared.

According to Mr. Thanh, this regulation not only helps businesses enter the market sooner but also contributes to improving the efficiency of the state administrative apparatus, creating a more transparent and favorable business environment.

Regarding preparations in Ca Mau province, Mr. Thanh said that online business registration had been proactively implemented by the province in previous years as part of the administrative reform and digital transformation program. However, to meet the new requirements of Decree 168, the Department of Finance has proactively coordinated and guided businesses to adapt to online registration. “We provide direct support at the counter, offering specific guidance from account creation to application submission. In addition, we offer flexible support via Zalo, email, video call, and maintain a hotline outside of business hours, especially during peak times or when the system experiences technical errors,” Mr. Thanh said.

The Department is also coordinating with the Provincial Public Administration Service Center, as directed in Official Letter 1791/UBND-CCHC dated March 13, 2025, to provide maximum support to citizens and businesses in accessing online public services in the most efficient and convenient way.

From July 1st, businesses can complete the entire registration process through the National Public Service Portal using their electronic identification account.

Simple, consistent, and effective.

Another notable new feature of Decree 168 is the use of a single business registration number for business registration, tax, and social insurance. According to Mr. Thanh, businesses only need to complete one procedure when establishing themselves, and the data will be interconnected between agencies. As a result, businesses do not need to re-declare information, do not have to submit copies of the Business Registration Certificate, avoiding errors and duplication of information.

Data interoperability simplifies procedures, reduces paperwork, shortens the time it takes for businesses to become operational, and contributes to the modernization of public administration.

"Decree 168 is an important step in administrative reform, promoting digital transformation, creating a dynamic and transparent business environment, in line with the orientation of sustainable socio-economic development. With the proactive efforts of the local government and the cooperation of the functional agencies of Ca Mau province, I believe that the people and businesses will soon enjoy the practical benefits from Decree 168," Mr. Nguyen Duc Thanh commented.

Phuc Duy

Source: https://baocamau.vn/nhieu-quy-dinh-moi-ve-dang-ky-doanh-nghiep-a120814.html