Decree 288/2026/ND-CP officially takes effect from July 21, 2026, amending and supplementing several provisions of Decree 122/2021/ND-CP on administrative penalties in the field of planning and investment, significantly increasing the penalties for many violations related to business registration, especially obligation
From July 21, 2026, Decree 288/2026/ND-CP officially takes effect, amending and supplementing several provisions of Decree 122/2021/ND-CP on administrative penalties in the field of planning and investment. Notably, the decree has significantly increased the penalties for many violations related to business registration, especially obligations regarding beneficial owners.
For enterprises established before July 1, 2025, if they have not supplemented beneficial owner information (if any) when carrying out procedures for changing business registration content or the latest change notification, the enterprise may be fined from VND 70 million to VND 100 million. This is a completely new penalty provision added in Decree 288/2026/ND-CP.
When carrying out procedures for enterprise establishment registration, if beneficial owner information or information to identify beneficial owners (if any) is not declared, the enterprise may be fined from VND 50 million to VND 100 million.
The new Decree significantly increases penalties for cases of late registration of changes to business registration content:
| Violation | New Penalty Level |
|---|---|
| Late from 11–30 days | VND 10 – 20 million |
| Late from 31–90 days | VND 30 – 40 million |
| Late from 91 days or more | VND 50 – 6
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