Procedures to establish company trading leather shoes & bags in Vietnam
Trading in fashion – leather shoes & bags is a strong and attractive industry for investors. This business has no complicated requirements and especially easy to make profits. So, many entrepreneurs now doing business in this market. In this article, LSX legal firm will give you an insight into: “Procedures to establish company trading leather shoes & bags in Vietnam”
Legal grounds
- Law on Enterprise 2020
- Decree 01/2021/ND-CP
Notes for company trading leather shoes & bags in Vietnam
The trend of leather business becoming more and more popular and many people have started their business by opening a store selling leather goods. To perform this business effectively, you need to learn carefully about the product, the market, and the experiences of those who have operated in this market.
Firstly, to get a reputable, quality, and cheap leather goods supplier, you must visit the place to see the details of the source, and the factory and check the quality of the goods you want to trade.
You should work directly with the factory to accurately assess the quality and negotiate the price. And at the same time, save money paying for intermediaries.
Secondly, make a marketing plan for your business.
A marketing plan will be an important step in the success or failure of your business. Importantly, you need to understand the market, customer base, geographical location, and communication methods. Then, come up with a business plan and perform each step.
Business lines‘ codes for production of leather-related products
1511 – 15110: Tanning and preliminary processing of leather; Preliminary processing and dyeing of fur skins.
1512 – 15120: Manufacturing suitcases, bags, and relevant products; manufacturing saddle cushions.
152 – 1520 – 15200: Manufacture of footwear.
…
Procedures to establish company trading leather shoes & bags
Step 1: Prepare dossiers
- The application form submits to the business registration office requesting the certificate to establish a company trading leather shoes & bags.
- Draft of company charter.
- List of founders as well as members.
- Authenticated legal papers of members.
- Valid identification papers of the authorized representative and the legal representative.
- Legal capital confirmation document.
- Certificate of business registration (for organizations).
- Investment registration certificate for foreign investors.
Step 2: Submit dossiers
Submit the application at the Business Registration Office of the Department of Planning and Investment at the province level where you plan to locate the head office of your Company.
Currently, there are two forms to submit an application:
- Register directly: apply at the “one-stop” department of the Business Registration Office. However, in Hanoi, this method is no longer applied.
- Besides, online business registration: submit your application on the National Business Registration Portal (Address: https://dangkykinhdoanh.gov.vn). After the online application is valid, you will have to go directly to the “one-stop” department to return the scanned copy (hard copy) when submitting it online. However, this method is relatively complicated, requiring you to have skills and knowledge about registering a business account.
Once you have submitted your application, you will receive a receipt for your application. Then, usual processing time for applications will be 3 working days.
Step 3: Receive result
According to the schedule on the appointment, you return to the “one-stop” department of the Business Registration Office to receive the results. There are two possible scenarios:
- Dossiers valid: You will receive a Certificate of Business Registration as a result and a notification to the tax authorities.
- In contrast, dossiers invalid: The Business Registration Office will have a document instructing you to amend the dossiers in accordance with the provisions of the law. After the amendments and supplements to your application according to this guide, then resubmit your application as in Step 2.
Step 4: Post-establishment procedures.
Receiving a Business Registration Certificate is just the first step in putting your company into operation. After that, you have to do the following series of procedures:
- Notice the use of the company’s seal sample.
- Bank account notice (if your company registers a bank account).
- Tax procedures such as license declaration and payment of license fees, Tax on corporate headquarters inspection,…
- Trademark protection (if you need it).
- …
After carrying out these procedures, your Company can go into operation.
LSX legal firm’s service on company establishment
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.
Related articles
Which establishments in Vietnam are required to install fire protection systems?
Procedures to establish a media company in Vietnam
Procedures to establish company selling electrical appliances in Vietnam
Related questions
A legal practicing certificate is a certification granted by the Ministry of Justice in association with Lawyer Organizations after passing the law practice test.
According to the old regulations, the maximum duration of business suspension is 2 years. However, Decree 01/2021/ND-CP no longer stipulates this provision. Therefore, each time suspending business is up to 1 year. However, businesses can suspend their business many times in a row (no time limit).
Contact LSX
Finally, hope this article is useful for you to answer the question about “Procedures to establish company trading leather shoes & bags 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 company trading leather shoes & bags in Vietnam. Hopefully with this article can help you in life, please always follow and read our good articles on the website: lsxlawfirm.com
