KEY POINTS TO NOTE ON ENTERPRISE'S BENEFICIAL OWNER REGULATIONS

Recently, the National Assembly passed the Law Amending and Supplementing a Number of Articles of the Law on Enterprises and Decree No. 168/2025/NĐ-CP, marking a major step forward in the identification and disclosure of information regarding the Beneficial Owner ("BO"). This is the first time this concept has been clearly recognized under Vietnam's enterprise law, aiming to enhance business transparency, prevent opaque ownership structures, ensure compliance with global governance trends, and fulfill Vietnam's anti-money laundering commitments.

Through this newsletter, W&A analyzes key legal matters related to the identification and declaration of the BO under current legal regulations, including:

• Criteria for Identifying the Enterprise's Beneficial Owner;

• Enterprises Required to Declare, Notify, and Retain BO Information;

• Cases for Declaring Beneficial Owner (BO) Information and Information to Identify the Enterprise's BO;

• Responsible Entities for Declaring, Notifying, and Identifying BO Information and Information to Identify BO;

• Timeline for Declaring, Notifying, and Retaining BO Information and Information to Identify BO;

• Retention of BO Information.

👉 Access the full newsletter here:

W&A NEWSLETTER - KEY POINTS TO NOTE ON ENTERPRISE'S BENEFICIAL OWNER REGULATIONS (EN).pdf

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If you have questions or wish to discuss the new regulations, the W&A Consulting team is ready to support you.