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Procedures to establish a domestic travel service company in Vietnam

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The procedure for establishing a domestic travel service business is of great interest to many businesses. Because tourism and travel service bring huge profits to businesses each year. In particular, Vietnam has many tourist attractions for foreign as well as domestic tourists. So, In this article, LSX legal firm would like to introduce to you the Procedures to establish a domestic travel service company in Vietnam.

Conditions to perform domestic travel services

  • Established in accordance with the law on enterprises
  • Deposit for domestic travel service business at the bank
  • The person in charge of the travel service business must have a Secondary or higher degree in tourism. If that person graduated from a Secondary school or higher in another major, then he/she must have a certificate in domestic tourism management and operations.

Dossiers

Dossiers for business establishment

  • Application for business registration.
  • Company charter.
  • List of company members/shareholders (Depends on the type of the company).
  • A valid copy of the ID card/Passport of the legal representative, company owner, members of the company.
  • Authorization letter for the authorized person to carry out business registration procedures
  • A copy of the ID card of the person authorized to carry out the procedures.

Application for travel service business operations

  • An application for a domestic travel service business license.
  • Authenticated copy of Business Registration Certificate.
  • Certificate of deposit for travel service business;
  • Authenticated copy of the decision or the labor contract between the company and the person in charge of the travel service business.
  • Authenticated copy of degree or certificate of the person in charge of travel service business.

Procedure

Step 1: Establish the company

Individuals and organizations cannot perform business in domestic travel services by themselves but must establish businesses in accordance with the Law on Enterprise. The process of setting up a domestic travel business is carried out according to the following steps:

  • Business registration
  • Publication of the registration
  • Engrave and public the seal
  • Perform the post-establish procedure

Step 2: Deposit at a commercial bank

A deposit at a commercial bank is a mandatory condition for a domestic travel company to receive a license to provide travel services.
The deposit level for domestic travel companies is 100,000,000 VND (One hundred million VND).

Step 3: Apply for a business license

In case a company performs domestic travel business, it must be granted a license to operate domestic travel services.
Submit 01 application for a domestic travel service business license to the competent tourism agency of the province where the company is located.
Within 10 days from the day on which the valid application is received, the competent tourism agency of the province shall appraise and grant the domestic travel service business license to the enterprise. In case of refusal, the company must be notified in writing which clearly states the reasons.

When establishing a company, people must carry out the procedure following the law at the competent business registration authority (under the Law on Enterprise 2020). The process of establishing a business includes many different steps and phases. If you are not familiar with the law, this process may take a lot of time.
With a team of experienced, reputable, and professional consultants; The firm is always ready to support and work with clients to solve legal difficulties.
Furthermore, using our service, you do not need to do the paperwork yourself. We guarantee to help you prepare documents effectively and legally.
Also, you will not have to waste time preparing the application, submitting application, or receiving results. At those stages, we will help you do it smoothly.
After all, LSX provides the service with the desire that customers can experience it the best way. Additionally, we guarantee the cost to be the most suitable and economical for customers.

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How long does it take to register the company establishment?

Firstly, it will take you one to two days to prepare basic information and dossiers to set up a company.
Then, you will spend two to three days preparing the necessary documents for the application to submit to the Business Registration Office.
The application can be submitted directly at the one-stop department of the Department of Planning and Investment of the province or city. On the other hand, you can submit online at: dangkykinhdoanh.gov.vn.
Lastly, the time to receive the application for business establishment is a working day. The processing phase takes 3 working days. Accordingly, the total time as prescribed-the fastest for you to get the company registration certificate is 5-7 working days. Besides, there will be cases where the time is extended due to the supplement of the profile.

What is securities issuance?

The issuance of securities is the initial offering of new securities.
Besides, Issuance of securities to the public is a public offering of securities to investors that are not the issuers to mobilize capital from the public.

Contact LSX

Finally, hope this article is useful for you to answer the question about “Procedures to establish a domestic travel service company in Vietnam”. If you need any further information, please contact  LSX Law firm+84846175333 or Email: [email protected]

Conclusion: So the above is Procedures to establish a domestic travel service company in Vietnam. Hopefully with this article can help you in life, please always follow and read our good articles on the website: lsxlawfirm.com

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