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Procedures for setting up a shipper company in Vietnam

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Shipper is one of the most popular English words in Vietnam today because of the rapid development of e-commerce sites. Therefore, the desire to own and build a shipper company is not a distant desire. Therefore, in today’s article, Lawyer X will provide readers with some content about “The procedure for establishing a shipper company”. Hope this knowledge will be useful to you in life. Invite your reference.

Investment Law 2020

What does shipper mean?

– In Vietnam, the meaning of the word shipper used to talk about people who carry out the work of transporting goods, delivering goods to service users.
– Consignor means a person who personally or entrusted by another person to deliver goods to the carrier under a contract of carriage of goods by sea. The shipper is the person who hires the carriage in the contract of carriage according to the transport document. This type of contract well-known as a storage contract.

Profile of a shipper company

Required documents include the following documents:

  • List of shareholders and members who have contributed capital to the company.
  • Charter of the enterprise.
  • Application for registration of company establishment.

Procedures for setting up a shipper company

To set up a shipper company, you must carry out the procedures to set up a company. Accordingly, you need to in turn choose and prepare the following issues:

Firstly: Choose the name of the shipper company.

– The name of the company has regulations to comply with such as: must not be duplicated with other companies; must not cause confusion, the name must have enough structure in terms of type and proper name.

– Prohibit the use of names of State agencies or units of the people’s armed forces; name of political organization – socio-political organization, socio-political professional organization; or use words or symbols that violate historical traditions; culture, ethics and fine customs of the nation as the name of the Company.
– The business name can be abbreviated; or use an English name, but make sure it’s not the same as the previously registered businesses.

Secondly: The address of the shipper company.

– The address of the company can be placed in a private house with a clear address.
– The shipper company needs to have a business address to be allowed to register its business.
– The company address must be in the territory of Vietnam and the use of fake addresses is prohibited.

Thirdly: Business registration lines.

Currently, the delivery industry has the following code:

  • 532000: Home delivery service.
  • 5320: Distribution and distribution of letters, parcels, parcels.
  • 532: Receiving, sorting, transporting and distributing collection, mail and parcels of businesses that do not operate under a common service agreement. This activity can use one or more modes of transport. You can use the company’s means of transport or public transport.
  • The business line does not require business conditions, the enterprise can completely go into business after being granted a business license. In case the industry requires business conditions, it must satisfy all necessary conditions and apply for a full license to be able to operate.

Fourthly: The legal representative of the shipper company.

– It is necessary to prepare to choose the right person to be the legal representative of the company.
– The enterprise must ensure that there is always at least one legal representative residing in Vietnam.
– The representative of the shipper company can be the director, president, manager. However, make sure that the person in charge of the role adheres to the general rules of the agent.

Fifthly: Charter capital.

The minimum capital level will depend on the financial capacity of each company as well as the capital regulations of the industry in which the business which registered.

Finally: Type of business.

– Enterprises need to choose the type of company that is suitable for the mode of operation as well as the development conditions of their company.
– For example: The number of employees of the company is 20 people, then you can choose a limited liability company. If there are more than 50 people, you can choose a joint-stock company.
However, each type of business has its own advantages and disadvantages. Readers should consider to choose the most appropriate form.

Related article:

Guidelines for drafting the latest company charter 2022 in Vietnam

Certificate of incorporation established in Vietnam

Frequently asked questions

How to choose a shipping company address?

– Having a company address, new businesses can register to open a company. Therefore, businesses must prepare the correct company address, specifically, located in the territory of Vietnam. Do not use fake addresses.
– It is forbidden to put the address of the shipper company in the apartment building, dormitory; or prohibited area as a business address. To save costs, businesses can use their own independent home or borrow the home address of friends, relatives… as the business registration address when establishing the company.

What is an Investment Registration Certificate?

Investment registration certificate is a type of operation license issued by a competent authority to individuals who are individuals; or organizations that fully satisfy the conditions prescribed by law. Investment registration certificate is one of the necessary documents when you want to set up a foreign company in Vietnam.

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