BUSINESS REGISTRATION IN VIETNNAM
PRESTIGE, QUALITY AND REASONABLE PRICE SERVICES
-------------
1- WHAT IS BUSINESS REGISTRATION IN VIETNAM?
According to Clause 1, Article 3 of Decree 01/2021/ND-CP of Vietnam, business registration is the act of the business founder registering information about the enterprise expected to be established, and the enterprise registering changes in registration information. Register your business with the Business Registration Authority and be stored in the National Business Registration Database.
Business registration includes registration of business establishment, registration of branch operations, registration of representative offices, registration of business locations and other registration and notification obligations according to the provisions of Decree 01/2021/ND -CP.
2- BUSINESS REGISTRATION FEES IN VIETNAM
(applies to companies with 100% Vietnamese capital)
|
No |
SERVICES IN VIETNAM |
FEES (VND) |
I |
BUSINESS REGISTRATION FEES IN VIETNAM |
|
|
1 |
Basic package |
1.600.000 |
|
2 |
Advanced package |
2.600.000 |
|
3 |
Full package |
5.800.000 |
|
4 |
Establishment of branches, representative offices... |
1.500.000 |
II |
COMPANY CHANGING FEES IN VIETNAM |
|
|
1 |
Changing business name |
1.200.000 |
|
2 |
Changing legal representative |
1.200.000 |
|
3 |
Changing and adding business lines |
1.500.000 |
|
4 |
Changing charter capital |
1.500.000 |
|
5 |
Transferring capital, changing members |
1.200.000 |
|
6 |
Changing company address (exclusive of tax agency transfer) |
1.200.000 |
|
7 |
Changing company owner |
2.500.000 |
|
8 |
Declaring capital transfer tax |
1.200.000/ Person |
|
9 |
Settlement tax to transfer administrative tax agency |
From 5.000.000/ year |
|
10 |
Updating information |
1.200.000 |
|
11 |
Other contents |
Quote |
III |
COMPANY DISSOLUTION FEES IN VIETNAM |
|
|
A |
Company with no revenue |
|
|
1 |
Company has no revenue and expenses |
4.500.000 |
|
2 |
Company has costs but no revenue |
6.000.000 |
|
B |
Company with revenue |
|
|
1 |
Basic package (consulting) |
From 5.000.000 |
|
2 |
Full package |
From 10.000.000 |
Note:
- Business registration outside Ho Chi Minh City, additional service fee from 1,000,000 VND to 2,000,000 VND.
- The above prices are exclusive of VAT and state fees
3- WORKS OF GOLDEN STAR WHEN PERFORMING BUSINESS REGISTRATION IN VIETNAM
When performing business consulting services in Vietnam, Golden Star will perform the following tasks:
- Consulting on related contents;
- Guiding customers to prepare documents;
- Drafting documents and sending documents to customers for signature;
- Submitting documents to competent authorities as authorized;
- Receiving results as authorized.
4- YOU CHOOSE BUSINESS REGISTRATION CONSULTING SERVICE IN VIETNAM OF GOLDEN STAR BECAUSE?
a) Many years of experience in providing business registration consulting services in Vietnam
With more than 15 years of experience in providing business registration consulting services in Vietnam, Golden Star's professional business registration consulting services have been trusted and chosen by thousands of partners.
b) Dedicated and enthusiastic consulting
Customers will receive dedicated, enthusiastic direct advice from a team of consultants on related issues... in accordance with each customer's requirements.
c) Save time and costs for customers
Do you want to save time and costs when registering your business in Vietnam? Golden Star's professional business registration consulting service will help you save time and costs when carrying out business registration procedures.
d) Quick procedure completion time
You need a company that specializes in providing business registration consulting services, carrying out professional company establishment procedures, with fast resolution times, accurate procedures, and professional and dedicated service, enthusiastic, reasonable price? Golden Star will help you.
e) Support in resolving accounting and tax issues in Vietnam
Company registration procedures are the initial stage but are only a very small part of the operation process of a business in Vietnam. Post-establishment issues, especially taxes, accounting... are important and directly affect business operations.
As a company specializing in the field of tax accounting, Golden Star will advise on tax calculation methods, types of taxes, types of invoices... so that businesses can both operate their business legally and optimize tax must be paid.
5- BUSINESS REGISTRATION CONSULTING PROCESS IN VIETNAM
Step 1: Receive customer requests, quote service fees
- Golden Star Accounting Firm will receive customer requests via phone, email, or zalo.
- After receiving information about the customer's requirements and clearly understanding the customer's problem, Golden Star will quote the service price and agree on the accompanying terms.
Step 2: Sign the service agreement
After agreeing on the work content and service fees, Golden Star and the customer will sign a service agreement.
Step 3: Consult and draft documents
- Golden Star Accounting Firm staff will advise customers on documents and information that need to be provided to Golden Star.
- Golden Star Accounting staff will draft documents and send them to customers to sign.
Step 4: Submit documents and receive results
- Golden Star accounting staff will submit documents and receive results according to customer authorization.
- During the service implementation process, both parties will have regular and continuous exchanges to grasp the directions and ways to resolve the work quickly and most conveniently.
- If any situation arises, Golden Star will discuss and consult with customers to ensure compliance with legal requirements.
Step 5: Hand over documents
Golden Star staff will hand over the results to customers.
6- TIME FOR PERFORMING BUSINESS REGISTRATION IN VIETNAM
To draft documents and carry out business registration procedures, businesses often spend a lot of time and effort. However, with the business registration consulting service at Golden Star, the implementation time is only 3-7 working days.
- From 1 -2 working days for Golden Star to advise, prepare documents, send customers to sign documents, assign staff to submit documents at the Business Registration Office;
- About 3 - 5 working days for the Business Registration Authority to check the documents and issue the Business Registration Certificate.
With a professional and effective working process, we will support customers in receiving the Business Registration Certificate as quickly as possible.
7- EXPERIENCE IN CHOOSING PRESTIGIOUS BUSINESS REGISTRATION CONSULTING COMPANY IN VIETNAM
Before choosing a consulting service provider to register your business, you need to carefully research the information to avoid risks.
Below is some information to identify quality business registration consulting service providers.
a) Choose a consulting service provider that has been operating for many years
Companies that have been operating for a long time will be exposed to a variety of industries and fields, and have more experience when handling difficult documents. On the other hand, over a long period of operation, they will build a scientific and methodical working process and a team of highly qualified and quality staff.
Golden Star Accounting Company with over 15 years of practice in business registration consulting services. Using Golden Star's company establishment consulting services, you can be completely assured of quality.
b) The staff is highly qualified and experienced
The quality of establishment consulting services depends on the qualifications and experience of the staff, especially the key staff.
Therefore, to choose a quality business registration service company, you should choose a company with a team of highly qualified and experienced personnel.
c) Reasonable price
Price often comes with quality, high quality often has high prices and vice versa.
Service quality is determined by the quality of the staff providing the service. Services provided by highly qualified, experienced personnel often cost more than services provided by less qualified, less experienced personnel.
Therefore, choose a unit that provides business registration consulting services with reasonable prices.
8- ANSWERS SOME QUESTIONS RELATED TO COMPANY ESTABLISHMENT IN VIETNAM
Question 1: How do customers who want to use the business registration service of Golden Star Accounting Company start?
Answer:
If you have any needs, please send your request to the email address of Golden Star Accounting Company.
After receiving the request, we will proactively contact the customer.
Question 2: What assets are included in capital contributions to establish a business in Vietnam?
Answer:
Pursuant to Article 34 of the Enterprise Law of Vietnam, regulations on assets contributed as capital to establish an enterprise are as follows:
1. Assets contributed as capital are Vietnamese Dong, freely convertible foreign currencies, gold, land use rights, intellectual property rights, technology, technical know-how, and other assets that can be valued in Vietnamese Dong Male.
2. Only individuals and organizations that are legal owners or have legal use rights to assets specified in Clause 1 of this Article have the right to use those assets to contribute capital according to the provisions of law.
Question 3: Is it necessary to transfer ownership of contributed assets to the company when establishing the company in Vietnam?
Answer:
YES.
When contributing capital to an enterprise, members of limited liability companies, partnerships and shareholders of joint stock companies must transfer ownership of assets contributed as capital to the company according to regulations.
Question 4: When establishing a company in Vietnam, is it necessary to prove charter capital?
Answer:
NO
When establishing a company with 100% Vietnamese capital, it is not required to prove that there is enough capital when registering for establishment.
Question 5: How is the time limit for contributing capital to a company in Vietnam?
Answer:
For limited liability companies with two or more members:
Members must contribute capital to the company in full and with the right type of assets as committed when registering to establish a business within 90 days from the date of issuance of the Business Registration Certificate.
For one-member limited liability company:
The company owner must contribute capital to the company with sufficient and correct assets as committed when registering to establish a business within 90 days from the date of issuance of the Business Registration Certificate.
For joint stock companies:
Shareholders must pay in full for the number of shares registered to purchase within 90 days from the date of issuance of the Business Registration Certificate, unless the company charter or share purchase registration contract stipulates a Other shorter deadlines.
Question 6: After establishing the company in Vietnam, what if the capital contribution is not enough as registered?
Answer:
The Enterprise Law requires members/owners/shareholders of LLCs with 2 or more members, LLCs with 1 member, and joint stock companies to fully contribute capital within 90 days from the date the company is licensed. Business registration certificate.
In case the charter capital is not fully contributed within the above time limit, the charter capital adjustment must be registered with the business registration agency within 30 days from the last day on which the charter capital must be fully contributed.
If at the end of the above time limit, the company still does not change its charter capital, it will be subject to administrative penalties according to regulations.
Question 7: Can a company name be the same as another company in Vietnam?
Answer:
NO
The company name is recognized throughout Vietnam and is unique. Therefore, to avoid confusion, you cannot name your company the same as a previously established and still operating company.
Specifically, the company name includes 3 parts: Company + Type (Limited or Joint Stock) + Personal name. You cannot duplicate this part of your personal name (including other types, but the same name is also not allowed.
Question 8: Can an apartment address be used as a company headquarters?
Answer:
NO
For apartments that are only for residential purposes, the company's headquarters cannot be located.
Question 9: Does establishing a company require a degree in Vietnam?
Answer:
NO
Currently, most business registration professions do not require qualifications when registering for establishment.
Except for some conditional business lines, the business conditions must be met as specialized law...
Question 10: Those who are prohibited from establishing a company in Vietnam?
Answer:
Point 2, Article 17, Enterprise Law 2020 stipulates that the following subjects do not have the right to establish and manage enterprises:
- People under 18 years old, without legal capacity and civil acts;
- State agencies, people's armed forces units;
- Cadres, civil servants and public employees according to the provisions of the Law on Cadres, Civil Servants and the Law on Public Employees...
- Officers, non-commissioned officers, professional soldiers and defense workers working at agencies and units of the Vietnam People's Army.
- Professional officers and non-commissioned officers working in agencies and units of the Vietnam People's Police.
- Leaders and professional managers at 100% State-owned enterprises, except for cases authorized to act as representatives to manage the State's capital contribution at other enterprises.
- People who are serving a prison sentence or are banned from doing business by a court.
- Other cases according to the provisions of bankruptcy law.
Question 11: Can I register multiple business lines at the same time in Vietnam?
Answer:
YES
According to the provisions of the Enterprise Law 2020, "enterprises have the right to do business in professions not prohibited by state law, except for conditional business sectors".
Therefore, you can absolutely register many business lines.
Question 12: Should I establish a company or business household in Vietnam?
Answer:
You can refer to some of the criteria below to choose to establish a company or business:
1. Scale of operations:
- Household business: Suitable for small, simple business activities.
- Company: Suitable for large business activities, has many partners, needs to mobilize investment capital.
2. Legal status:
- Business households: There are no legal entities
- Company: Has legal status.
3. Legal responsibilities:
- Business household: The business household owner has unlimited liability for all of the individual's assets.
- Company: Members/shareholders are only responsible for the amount of capital contributed to the company.
4. Registration procedures:
- Business households: Simple and quick procedures.
- Company: Procedures are more complicated, registration time is longer.
5. Operating costs:
- Business households: Low operating costs.
- Company: Higher operating costs due to tax obligations, accounting, etc.
Question 13: Corporate taxes are payable after the company is incorporated in Vietnam?
Answer:
When the company is established, the company must declare and pay the following taxes:
- License fee: From 2,000,000 VND to 3,000,000 VND/year, depending on the registration number as follows:
If charter capital is not more than 10 billion VND: 2,000,000 VND/year.
If charter capital is more than 10 billion: 3,000,000 VND/year.
Currently, newly established businesses will be exempt from license tax until December 31.
- VAT: Declare tax and pay tax according to declaration;
- Corporate income tax: Declare tax and pay tax according to declaration; 20% of total fiscal year profit;
- Personal income tax: This is a tax calculated on the employee's income. Declare tax and pay tax according to declaration.
Taxable income level and tax rate according to personal income tax table.
- Environmental protection tax: This tax applies to companies operating in the fields of petroleum, plastic bags, coal, termiticide, and herbicide;
- Import tax: Applicable to companies importing goods from foreign countries
Question 14: Is there any tax/license fee exemption for the first year of establishment in Vietnam?
Answer:
YES.
Newly established companies will be exempt from license fees until December 31.
During this tax exemption period, branches and business locations belonging to that enterprise will also be exempt from license tax in the first year of establishment.
Question 15: Is it mandatory to purchase a digital signature after establishing a company?
Answer:
YES
After establishing a company, it is mandatory to purchase a digital signature. Only with a digital signature you can submit tax declaration documents according to regulations.
Question 16: After business establishment, if there are no output or input invoices, do I have to submit a tax declaration?
Answer:
YES.
According to Vietnamese law, even if there are no output invoices, businesses still have to submit tax documents, prepare financial statements, and do tax finalization.
Question 17: Our company does not generate output or input invoices, do we have to prepare accounting books and prepare financial reports?
Answer:
YES
According to Vietnamese law, even if there are no output or input invoices, businesses still have to keep accounting books and prepare financial reports.
Question 18: Process of providing business registration consulting services at Golden Star?
Answer:
Below are some basic steps in the business registration consulting service process at Golden Star:
Step 1: Receive customer requests, quote service prices
Step 2: Draft and sign the service agreement
Step 3: Consulting and drafting documents
Step 4: Submit dossier and receive results
Step 5: Hand over documents
Golden Star staff will hand over the Business Registration Certificate, seal and other documents to the customer.
Question 19: Should I use the business registration consulting service of Golden Star Accounting?
Answer:
YES
Because of the following reasons.
a) Many years of practice as a business registration consultant;
b) Have expertise and experience in the field of company establishment;
c) Highly qualified and experienced staff;
d) Dedicated consulting;
e) Reasonable price.
Are you looking for business registration consulting services in Vietnam?
For advice on services and business registration consulting service fees
Please contact Golden Star Accounting Company as follows:
Address, email and contact information (See details)
Golden Star Accounting will meet customers' requirements in a professional, reputable and effective manner
