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Establist company in Viet Nam

Updated At: 04:50 PM, 11/16/2009 Establist company in Viet Nam

BUSINESS REGISTRATION CERTIFICATE

Purpose

To legally set up a business entity

Who should apply

All domestic organizations and individuals, foreign organizations and individuals registering their business under the Enterprise Law and household businesses

Where to apply

Provincial business registration offices-if business operates under Enterprise Law
District business registration office or Finance/Economic Division at the District level-if business is a household business

Application conditions and documents

Eligibility of Applicants:
Its line of business to be registered does not fall within the sectors in which business is prohibited;
The name of enterprise complies with the provisions of the Enterprise Law;
Its head office is the place for contact and transaction of enterprise; must be located within the territory of Vietnam, have a definite address, including house number, street name or name of commune, ward, township, district, provincial town, provincial city, province or city under central authority; telephone and facsimile numbers and email address (if any);
Having valid business registration documents in accordance with law;
Having paid in full the prescribed business registration fee in accordance with law.

Application file:

For private enterprises:
Request for business registration in the standard form;
Copy of people’s identity card, passport or other lawful personal identification;
Document of an authorized body or organization certifying the legal capital in respect of enterprises conducting lines of business for which legal capital is required by law;
Legal copy of practicing certificates of the director and other individuals in respect of enterprises conducting lines of business for which a practicing certificate is required by law.
For limited liability company with two or more members, partnerships and shareholding companies:
Request for business registration in the standard form;
Draft charter of the company; Private Enterprises
List of partners or list of shareholders, copy of people’s identity card, passport or other lawful personal identification of each partner and/or shareholder, if they are individuals; copy of establishment decision, business registration certificate or other equivalent document, if they are legal persons;
Document of an authorized body or organization certifying the legal capital in respect of enterprises conducting lines of business for which legal capital is required by law;
Copy of practicing certificates of unlimited liability partners, of the director and general director.
For limited liability company with one member;
Request for business registration in the standard form;
Draft charter of the company with the signature from the company’s owner, or the legal representative;
Copy of the owner’s identity card, if an individual; or establishment decision, business registration certificate or other equivalent document, if a legal person;
List of authorized representatives, enclosed with copies of identity cards.

Letter of authorization of the owner to the authorized person in case the company’s owner is an organization;
Document of an authorized body or organization certifying the legal capital in respect of enterprises conducting lines of business for which legal capital is required by law;
Copy of practicing certificates of director (general director) and others individuals in respect of companies conducing lines of business for which a practicing certificate is required by law.
For business households:
Request for business registration in the standard form;
Copy of people’s identity card.

The process

1. Enterprise’s founders or the authorized people submit the complete dossiers to the provincial business registration offices where the head office is located;
2. When receiving the dossiers, the business registration offices will give the applicants the receipt;
3. In case the dossiers are incomplete or invalid, the business registration office will issue a written notification to enterprise within 10 working days;
4. Within 10 working days from the date of receiving complete dossiers, the provincial business registration offices will issue the “Business registration certificate” for enterprise.

How long it will take to process the application?

10 working days

Detailed license information sheets are provided only for guidance. You must study the legal texts, and you must consult the Vietlink lawyers to decide whether you actually need to apply for any of the listed licenses and permits and to check whether there are new legal requirements, licenses and permits governing your business activities. We cannot be responsible for consequences of errors and omissions

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