Procedures for business registration in Vietnam
Procedures for business registration in Vietnam:
1. Legal grounds:
- Law No. 68/2014/QH13 – Law on Enterprises
- Decree No. 78/2015/ND-CP on Enterprise Registration
2. Content of consultation:
- Counseling on the Law on establishment and operation of businesses;
- Counseling on choosing the type of business entity;
- Collecting information and documents from customers;
- Prepare necessary documents to apply for business registration;
- Submit the application to the competent State authority and follow up on the processing of records and additional explanations (if any);
3. Profile components:
No. | Type of business | Composition of records |
1 | Private enterprise | – Application form for enterprise registration – Legitimate copy of one of the private enterprises’ owner ID papers |
2 | Partnerships | – Application form for enterprise registration – The Company’s charter – List of members of the partnership – Legitimate copies of ID paper of the founders – Legitimate copies of The certificate of investment registration if the enterprise is founded or co-founded by foreign investors or foreign-invested business organizations according to the Law on Investment and its instructional documents |
3 | Limited liability company | – Application form for enterprise registration – Company’s charter (if the enterprise is a multi-member limited liability company) – List of members of the enterprise (if the enterprise is a multi-member limited liability company) – Legitimate copies of ID paper if the founder is an individual; and The decision on establishment or certificate of enterprise registration or an equivalent document, ID paper of the authorized representative and the letter of attorney if the founder is an organization; – Legitimate copies of The certificate of investment registration if the enterprise is founded or co-founded by foreign investors or foreign-invested business organizations according to the Law on Investment and its instructional documents |
4 | Joint Stock Company | – Application form for enterprise registration – The company’s charter. – List of founding shareholders and foreign shareholders – Legitimate copies of ID paper if the founder is an individual;and The decision on establishment or certificate of enterprise registration or an equivalent document, ID paper of the authorized representative and the letter of attorney if the founder is an organization; – Legitimate copies of The certificate of investment registration if the enterprise is founded or co-founded by foreign investors or foreign-invested business organizations according to the Law on Investment and its instructional documents. |
4. Authority to issue Certificates
Business Registration Authority of the province in which the company’s headquarter is situated
5. The process of granting business establishment certificates:
Step 1: Prepare the documents
Step 2: Submit application to Business Registration Office Form of submitting application:
- Form of paper
- Form of electronic document under website: dangkykinhdoanh.gov.vn
Step 3: Get results and publish business information
Receive directly at the Department of Planning and Investment of the province in which the company’s headquarter is situated.
Fee for publishing enterprise registration information: 50,000 VND/time
6. Time:
Procedures completed within 03 working days from the day on which the application is received.
7. Result
Certificate of Business registration.
If you are having difficulty opening a company in Vietnam, please contact us: LTT & Lawyers is a professional law firm established in Vietnam which has a number of notable practice fields in the legal market such as Labour and Employment, Enterprise and Investment, Legal Traning, M & A, Dispute Resolutions, and Intellectual Property. We are confident to provide clients with legal services optimally and effectively.