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According to new guidance from the Ministry of Finance, businesses that have fulfilled their tax obligations will have their status updated to "dissolved" within one working day. This regulation aims to shorten the administrative processing time for business dissolution procedures.

The Ministry of Finance has issued new guidance aimed at tightening the processing time for business dissolution procedures, thereby contributing to an improved business environment. Specifically, under this new regulation, businesses that have fully completed their tax obligations will have their status updated to "dissolved" by the business registration authority within just one working day. This represents a significant step forward in simplifying administrative procedures, reducing the time and cost burden for businesses during the process of ceasing operations. Previously, this process could take longer, causing various inconveniences and expenses for entities wishing to dissolve. Shortening the processing time not only helps businesses quickly complete legal formalities but also facilitates business restructuring or transformation. This guidance reflects the Ministry of Finance's efforts to enhance the efficiency of state management and support the business community.

Key points
* Businesses fulfilling tax obligations will have their status updated to "dissolved" within 1 working day.
* The new regulation was issued by the Ministry of Finance.
* The goal is to tighten the processing time for business dissolution procedures.

Nguồn / Source: VnExpress - Kinh doanh

Ministry of Finance tightens processing time for business dissolution procedures