public company Archives

New regulations on registration and cancellation of public company status: Toward a transparent and sustainable securities market

24/07/2025

On May 5, 2025, the Ministry of Finance issued Circular 19/2025/TT-BTC stipulating the registration of public companies, cancellation of public company status, and audited report on contributed charter capital. Circular 19 provides detailed guidelines for certain provisions of the Law on Securities 2019, as amended and supplemented by Law 56/2024/QH15, and replaces certain articles of Circular 118/2020/TT-BTC providing guidelines for public offerings and issuance of securities, tender offers, share repurchases, registration of public companies and cancellation of public company status.

Some new points of Securities Law 2019

26/02/2021

After nearly 10 years of implementation, the Securities Law 2006 which was amended and supplemented in 2010 has revealed shortcomings and it is now no longer suitable with the development of the economy as well as compatible with the changes of relevant legal documents. Therefore, on November 26, 2019, the National Assembly passed the Securities Law 2019 to replace the Securities Law 2006 amended in 2010 and officially came into effect on January 1, 2021.