Conditions for Business Suspension (Updated in accordance with 2025 regulations)

Under the current legal regulations, an enterprise is entitled to register for business suspension provided that it satisfies certain conditions to ensure transparency and fulfillment of obligations toward the State, business partners, and employees. First, at the time of submitting the application for business suspension, the enterprise must not be in a status where its tax code is suspended or invalidated. In cases where the tax code has been suspended due to serious violations of tax obligations, the enterprise is required to complete procedures for restoring the tax code before registering the suspension.

During the period of business suspension, the enterprise remains responsible for fully paying any outstanding taxes, settling financial obligations, and continuing to perform contracts already signed with customers and employees, unless otherwise agreed in writing by the relevant parties. The registered suspension of business operations of the enterprise shall simultaneously apply to its dependent units, including branches, representative offices, and business locations.

For organizations and individuals that register their tax codes directly with the tax authority, prior confirmation from the tax authority must be obtained before proceeding with the business suspension, in accordance with the prescribed procedures.