SET UP A BUSINESS IN VINH PHUC PROVINCE
Figure 1. Thinh Tri Law - Consulting for registration of business in Vinh Phuc.
- Vinh Phuc is a province located in the planning area of Hanoi capital, this is the key economic region of the North. Therefore, Vinh Phuc province has many advantages for attracting investment and developing the economy. In this article, Thinh Tri Law will reveal the conditions and procedures for establishing an enterprise in Vinh Phuc province.
KEY CONTENT
1. Procedures for setting up a business in Vinh Phuc.
2. Procedures after receiving the business registration certificate.
3. Enterprise establishment dossier.
4. Frequently Asked Questions.
4.1. How long does it take to set up a business in Vinh Phuc?
4.2. Is it possible to switch from a household business to an enterprise?
1. Procedures for setting up a business in Vinh Phuc.
When setting up a business, you need to take the following steps:
- Step 1: Prepare the necessary documents
- Determining the type of business: There are 5 types of enterprises today, including private enterprises, single-member limited liability companies, limited liability companies with two or more members, partnerships, joint stock company.
- Name the company: The name of the company will include 02 elements: Type of company and the company's own name. Accordingly, the proper name of an enterprise must not be duplicated or confused with the names of previously registered companies nationwide.
- Information about the address of the company's head office.
- Line of business: Briefly list the expected industry/occupation/field of operation of the company.
- Charter capital of the company: Depending on the needs of members or shareholders or prescribed by law (there are some conditional business lines) to set appropriate charter capital.
- Legal representative: This is the person who represents the company and is responsible before the law for the business activities of the enterprise.
- Certified copies of legal documents of founding members/shareholders (valid ID card/chip- based citizen ID /Passport).
- Bước 2: Tiến hành làm các thủ tục thành lập doanh nghiệp
- Step 2: Carry out the business establishment procedures
- Enterprises can submit their registration documents online or in person at the one-stop section of the Business Registration Office of the Department of Planning and Investment where the enterprise intends to locate its head office. After that, the business waits for a response from the business registration agency. Compare records with hard copies and get results.
- Engrave the legal entity's seal, open a bank account for the business, register electronic invoices and actively buy digital signatures to serve the tax declaration process in accordance with the law.
Explore more:
→ Can I issue securities after setting up a private enterprise.
→ Rights and obligations of shareholders in a joint-stock company.
2. Procedures after receiving the business registration certificate::
- After the enterprise has been granted an enterprise registration certificate, it is necessary to carry out the following activities:
- Hanging and placing the company's signboard at the registered office of the company in accordance with the law.
- Submit the license fee declaration.
- File a notice of value added tax calculation. Open bank account for business, bank account notification.
- Buy digital signatures and e-invoices.
- With the support of lawyers to review and draft internal documents in accordance with the law.
Image 2. Thinh Tri Law - Business establishment dossier.
Business registration documents of different types of enterprises:
- Dossier for registration of a sole proprietorship
- Dossier for registration of establishment of a private enterprise includes:
- Business registration application form.
- Certified copies of legal documents of the private business owner (ID card/Chip- based citizen ID/Passport).
- Dossier for registration of joint stock company
- The following documents need to be prepared:
- Business registration application form.
- Charter of joint stock company.
- List of founding shareholders of the company, foreign investors.
- Copies of the following documents:
- Personal legal papers of founding shareholders and shareholders being foreign investors who are individuals and legal representatives.
- Legal documents of the organization for shareholders; is the organization and document authorized representative; personal legal papers of the authorized representative of founding shareholders, shareholders being foreign investors and organizations. For shareholders being foreign organizations, provide copies of legal papers of the organization that needs "Embassy Consular Legalization".
- Investment registration certificate for foreign investors.
- Application for registration of a limited liability company
- The following documents need to be prepared:
- Business registration application form.
- Charter of the company.
- List of limited liability company members.
- Copies of the following documents:
- Legal papers of individuals for members being individuals or legal representatives.
- Legal documents of organizations for members being organizations and documents of authorized representatives. Personal legal papers of authorized representatives of members being organizations. For a member being a foreign organization, a copy of the legal papers of the organization that needs "Embassy Consular Legalization".
- Investment registration certificate for foreign investors.
- Application for registration of a partnership company
- The following documents need to be prepared:
- Business registration application form.
- Charter of the company.
- List of partnership company members.
- Copies of members' personal legal papers.
- Copy of Investment Registration Certificate for foreign investors.
More articles:
→ Things to know before setting up a company.
→ 05 Steps to establish and manage a business.
4. Frequently asked questions::
4.1. How long does it take to set up a business in Vinh Phuc?
- After preparing all the documents, submit them to the Business Registration Office about 3 days to receive the business registration certificate. It takes a short time to complete procedures such as: Opening a bank account, paying taxes, buying invoices, etc (based on the progress of each stage).
4.2. Is it possible to transfer from a household business to an enterprise?
- If the business household has registered for establishment and has been operating continuously for at least 1 year since the date of receipt of the business household certificate, the customer can convert the business household into an enterprise. This transformation will bring businesses many advantages for business operations.
- In this article, Thinh Tri Law has detailed the profile of 04 types of enterprises. Hope this article will bring useful information to you.
More articles:
→ What is the company's charter capital? In which cases does the company charter capital increase or decrease?
→ What kind of capital does the company include?
For more information about registering a business in Vinh Phuc, please contact us:
THINH TRI LAW LIMITED LIABILITY
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Hotline: 1800 6365
