Decree 288/2026/ND-CP: Administrative Sanctions for Planning and Investment
*Vietnam’s higher enterprise registration fines are already in effect.*
Decree 288/2026/ND-CP took effect on 21 July 2026, amending Vietnam’s administrative sanctions for planning and investment. For companies, some of the most immediate changes concern beneficial ownership disclosures, registration filings and corporate records.
* *Inaccurate filings.* Inaccurate or untruthful declarations in covered filings, including beneficial ownership information, can attract fines of *VND 30–70 million*.
* *Missing beneficial ownership disclosures.* Failure to declare required information on establishment can attract fines of *VND 50–100 million. For companies established before 1 July 2025, fines of **VND 70–100 million* can apply if required information was omitted at their most recent procedure to register or notify a change to enterprise registration information.
* *Incomplete corporate records.* Specified record-keeping violations, including incomplete member or shareholder registers and failure to retain required documents such as the beneficial owner list, can attract fines of *VND 40–70 million*.
These are administrative fines for organisations. The ceiling for enterprise registration violations is *VND 100 million per violation*. Conduct that constitutes a crime may give rise to separate liability under the Criminal Code.
A practical starting point is to reconcile beneficial ownership information with your latest filings, check member and shareholder registers for gaps, and clear overdue notifications. An omission that continued after 21 July 2026 may be subject to the higher fines.
DN Legal’s full update sets out the penalty ranges, corrective measures and practical steps for businesses.
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