On June 17, 2020, The National Assembly promulgates the Enterprise Law 2020 to apply to enterprises; Agencies, organizations and individuals involved in the establishment, management organization, reorganization, dissolution and related operations of enterprises.

Accordingly, for the regulations on seal of enterprises, the Enterprise Law 2020 stipulates as follows:

• The seal includes the seal made at the seal engraving establishment or the seal in the form of a digital signature in accordance with the law on electronic transactions.
• The enterprise decides on the seal type, quantity, form and content of the seal of the enterprise, its branch, representative office and other units.
• The management and keeping of the seal must comply with the company’s charter or the regulations issued by the enterprise, branch, representative office or other unit of the enterprise with the seal. Enterprises use seal in transactions in accordance with law.

The Law on Enterprises 2020 no longer provides for the notification of the enterprise’s seal sample to the business registration authority for public posting on the National Business Registration Portal after being granted a Certificate of Business registration.

Thus, the enterprise’s seal is decided, managed, and used by the enterprise in compliance with the above provisions of law, without having to notify the business registration agency.

The Enterprise Law 2020 takes effect from January 1, 2021.