On October 19, 2015, the Government issued the Decree No. 96/2015/NĐ-CP providing guidelines some articles on Law on Enterprises related social enterprises; enterprise’s seals and restriction on cross-ownership among companies. The guidance on enterprise’s seals is the outstanding content and gets many enterprises interested in. Enterprise’s seals are managed and used as follows:
- Enterprises established before July 01, 2015 may keep using their seals without notifying the seal sample to business registration authorities. Any enterprise that makes additional seals or changes the ink color of the seal shall follow the procedures for notifying the seal sample under regulations on enterprise registration.
- In case an enterprise established before July 01, 2015 makes a new seal, the old seal and the certificate of seal registration must be returned to the police authority that issued the certificate. The police authority shall issue a note of receipt when receiving the enterprise’s seal.
- In case an enterprise established before July 01, 2015 loses its seal or certificate of seal registration, it may make a new seal in accordance with this Decree and must concurrently notify the loss of the seal or certificate to the police authority that issued the certificate.
- Enterprises themselves will decide quantity of its seal and each enterprise shall have a seal model with uniform content, design and dimensions.
The Decree 96/2015/NĐ-CP comes into force from December 08, 2015 and replaces the Decree No. 102/2010/NĐ-CP of the Government.
