HCMC activates online business registration

January 02, 2014 | 15:45

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In early 2014 those who want to set up a new business in Ho Chi Minh City are able to register online with the municipal Department of Planning and Investment (DPI).

The department was due to start receiving business registration dossiers on January 2, DPI deputy director Tran Thi Binh Minh told VIR. The move aims to lessen paperwork, save time and cost for enterprises and the regulator, as well as make life easier for entrepreneurs.

Minh explained the system would lessen the load on entrepreneurs by allowing them to complete registrations at home without having to go back and forth to the office several times to complete the paperwork. “This system will instruct them on how to complete the entire registration,” she added. The new system is expected to reduce overcrowding at the DPI office.

While the online system is available to all, individuals and enterprises can still select any of the three registration processes – filing online and receiving results by courier, submitting dossiers at the department and receiving results by courier, or submitting dossiers at the department’s office and receiving results also at the office.

The DPI expects to see 20 per cent of new enterprises registering at home in 2014, and half by 2015.

The city’s online business registration pilot programme was carried out through 2011 but was then put on hold due to a technical problem after the Ministry of Planning and Investment launched the unified National Business Registration Portal.

By By Tuong Thuy

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