The economic development of Vietnam currently growing stronger and stronger in the modern world. So, many people intend to invest and establish a company of their own. The state has made the procedure to set up an enterprise quick and simple, however, it may confuse people who do not have a clear understanding of this problem. Therefore, in this article LSX legal firm would like to guide you with: “Register for a business certificate online in Vietnam”
Legal grounds
- Law on Enterprise 2020
- Decree 01/2021/ND-CP
Regulations on online business registration
Clause 1, Article 42 of Decree No. 01/2021/ND-CP on business registration has regulations on online business registration as follows:
“Online enterprise registration means the application for enterprise registration which is submitted by the enterprise or its founder via the National Business Registration Portal. Applicants are entitled to use digital signatures in accordance with regulations of the Law on electronic transactions or business registration accounts to apply for enterprise registration online.”
Accordingly, the current enterprise law allows people to conduct business registration via electronic information networks. This implementation will help businesses save time and costs, simplify business registration procedures, and ensure transparency and high accuracy. The automated data processing system will minimize errors and loss of declarations in the process of storing records and documents.
Procedures for business registration
Step 1: Prepare documents to register the business
At this step, for each type of company, the requirements for the profile that you need to prepare differs. However, in general, no matter what type of company, you need to prepare the following basic documents:
- Firstly, the application form submits to the business registration office requesting the certificate to establish a company.
- Secondly, draft of company charter.
- Thirdly, list of founders.
- Fourthly, authenticated legal papers of members.
- Also, valid identification papers of the authorized representative and the legal representative.
- Then, legal capital confirmation document.
- Equally important, certificate of business registration (for organizations).
- Lastly, 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.
- 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. The 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 all, your Company can go into operation.
Procedures to register a business online
In the case of using a public digital signature
Firstly, individuals or organizations send registration documents by downloading electronic documents, declaring information, digitally signing, and paying fees online;
Secondly, after completing the application; individuals and organizations receive the receipt of business registration documents electronically;
Thirdly, If the application valid, the Business Registration Office will send information to the tax office to automatically generate a business code. If the dossier is not valid, it will be notified online for the enterprise to amend and supplement;
Fourthly, after the tax authority provides the tax identification number, the Business Registration Office shall issue the Certificate of Business Registration and notify the enterprise in online.
In the case of using a business registration account
Step 1: Enterprises register for an account, log in to the system and prepare online business registration dossiers.
To use the online business registration page; businesses first need to have an account to log in to the system and to submit documents with an account to register their business.
Enterprises use registered accounts to download electronic documents, declare information, and authenticate business registration documents.
Then, prepare online dossiers according to the provisions of Decree 78/2015/ND-CP on business registration but in the form of electronic documents.
The legal representative of the enterprise or the person authorized to represent signs or authenticates the dossier.
Step 2: Enterprises submit online business registration dossiers.
Enterprises scan documents and papers included in the dossiers and upload them.
After entering the information and downloading the document file contained in the application; the legal representative of the enterprise shall sign for authentication specifying the title and full name and then apply.
Step 3: The business registration office receives and processes the application.
After receiving the application; the business registration office will send the business registration application receipt and payment confirmation receipt to the business via email.
If the application valid; the Business Registration Office will send information to the tax office to automatically open a business code. In case the dossier invalid, the Business Registration Office will notify via email for the enterprise to amend and supplement;
Step 4: Enterprises receive business registration results and receive business registration certificates
After creating the tax code, the Business Registration Office issues the Certificate of Business Establishment Registration and sends an email notification to the enterprise;
After the enterprise receives the notification by email about the issuance of the Enterprise Registration Certificate, the legal representative must submit a hard copy of business registration documents together with the receipt of the online business registration to the Business Registration Office;
Legal service of LSX Legal Firm
LSX legal firm provides legal services to clients in various legal areas. To make your case convenient, LSX will perform:
- Legal advice related to new regulations;
- Representing in drafting and editing documents;
- We commit the papers to be valid, and legal for use in all cases;
- Represent to submit documents, receive results, and hand them over to customers.
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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Related questions
Application fee: 100,000 VND; company information publication fee: 300,000 VND; digital signature purchase fee (1-year package): 1,530,000 VND; company seal engraving fee: 450,000 VND; purchasing electronic invoices and issuing invoices: VND 850,000;…
This type of company has many advantages such as:
Firstly, the biggest advantage of a Single-member LLC is that the owner has the right to decide on all issues related to the company’s operations. So, decisions are made quickly.
Secondly, the owner of a single-member limited liability company is only responsible for the company’s operations to the extent of the capital contributed to the company. As a result, the owner takes little risk.
Thirdly, a Single-member LLC has legal status from the date of issuance of the Certificate of Business Registration.
Fourthly, single-member limited liability companies may raise capital through borrowing and crediting from individuals and organizations. The limited company also has the right to issue bonds. However, the company needs to meet the conditions to do so.
According to Article 12 of Decree 01/2021/ND-CP, the person competent to sign the written request for enterprise registration may authorize another organization or individual to carry out the enterprise registration procedure.
Contact LSX
Finally, hope this article is useful for you to answer the question about “Register for a business certificate online in Vietnam”. If you need any further information, please contact LSX Law firm: +84846175333 or Email: [email protected]
Conclusion: So the above is Register for a business certificate online in Vietnam. Hopefully with this article can help you in life, please always follow and read our good articles on the website: lsxlawfirm.com
