Why set up a business?

“Establishment of a business can be a familiar concept to everyone. Are you wondering, why set up a business? If you don’t run a free business for comfort, why bother going through the establishment procedure for trouble?”

So why start a business?

Licensed to do business in specific areas

Legally recognized by the State, protected by PL in the process of production and business activities. Have the right to do business in industries that are not prohibited by law.

Not to mention, some business lines also require people to have a practicing certificate to do business if they want to operate independently. Besides, without establishing a company, you will face many difficulties, especially long-term development and growth.

Legal status of the business

Second, when establishing a company, the new business owner has an enterprise identification number, a tax identification number and a certificate of establishment registration as a legal entity. Now, the state has recognized and confirmed the enterprise has capital, business functions and lines have been registered.

This helps to increase the credibility of the Company’s trading activities and products and services. A Vietnamese company with valid legal status will enjoy benefits in accordance with Vietnamese law. .

Invoice

Businesses are allowed to issue invoices, individuals cannot do this. For customers who need invoices as a basis for cost transparency, of course they will use the service and purchase of a business.

Easy to raise capital

When establishing a company, business owners can easily raise capital from individuals who want to do business. In particular, this capital contribution will be proven by State agencies. Therefore, individuals when contributing capital will be guaranteed their rights and obligations.

Clear regulations on the rights and obligations of capital contributors

When an enterprise is established, it will have a clear and transparent organizational and management structure from the rights and obligations of capital contributors as clearly defined in the Law on Enterprise 2020.

Opening a company will bring a big turning point in the process of your own business.

Establishing a business to do business can help your brand and products be known by many people, trusted and used by many people, thereby bringing more profits.

Process – Procedures for Incorporating a Company

Stage 1: Prepare enough information to complete the application for business establishment

 

Step 1: Prepare all the information to complete the business establishment profile

Step 2:  Select the type of business that is suitable for your business including: Private enterprise, partnership, 1-member limited liability company, 2-member limited liability company, joint-stock company.

Step 3: Prepare full ID card or passport for shareholder members

Step 4:  Choose a company name, note that you name the company that is easy to remember, short, easy to pronounce and not duplicate previously established companies.

Step 5:  Determine the address of the headquarters owned by the company’s legal use right. Note: The head office of the enterprise is the contact point of the enterprise in the territory of Vietnam. Must be an exact address including house number, street name, street name, ward, hamlet, commune, ward, town, district, town, central city, phone number, fax number.

Step 6:  Determine the charter capital of the company. This is the amount of capital contributed by members of the company as stated in the company’s charter.

Step 7:  Determine the title of the legal representative of the company.

Step 8: Determine the business line in accordance with the law on business registration.

Stage 2: Completing the company registration documents

Step 1: Draft the company establishment dossier, prepare all the required documents

Step 2:  Submit application at Business Registration Office. After 3 days from the date of receiving the application, if the application is valid, you will receive a business registration certificate

Step 3: Bring a copy of the business registration certificate to the authorities to make a seal for the company

 

Stage 3: Completing post-business procedures

  • After successful business registration, the enterprise continues to conduct its business activities
  • Specifically, the work is performed as follows: Business registration license + corporate tax code
  • Seal of corporate legal entity
  • Post a business establishment statement VAT invoice Notice on the use of printed invoices
  • Notice of opening a bank account to the
  • Department of Planning and Investment
  • Table of registration of the method of depreciation of fixed assets.
  • Notice on the change of VAT calculation method of taxpayers. Notice of application of withholding tax calculation method.
  • Notice of confirmation of electronic tax filing.
  • Notice of invoice issuance
  • Certificate of using digital certificate.
  • Tokens for online tax declaration.

 

We realize that the process of registering and completing the company establishment procedure often takes a lot of time, effort and cost. That is also the reason why many individuals have sought out business establishment services at reputable establishments to authorize this series of procedures.

Coming to Vision’s BUSINESS ESTABLISHMENT service, we will help you answer the following problems:

  • Consulting on specific tasks when implementing business establishment for customers.
  • Edit your profile On behalf of enterprises, carry out procedures for enterprise establishment at competent state agencies.
  • Hand over to the enterprise the documents related to the establishment of the company after the agreed time.
  • Consulting on drafting internal corporate documents after the establishment of the company.
  • Consulting on tax procedures, accounting, and legal issues for businesses after establishing a company.

DIFFERENCE OF COMPANY ESTABLISHMENT SERVICES AT VISION

  1. Reasonable cost, only from 1,500,000 VND Get enthusiastic, detailed advice from legal experts to suit your needs

  2. Fast, accurate, on time with customers

  3. Free home delivery service

  4. Support and advice on tax calculation methods, taxes, and invoices to help businesses operate properly and optimally.

Let VISION help your business realize the dream of success on a solid legal foundation.

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VISION TAX AGENT AGENT JOINT STOCK COMPANY

Head office: 6th Floor – VCCI Building, 91 Nguyen Chi Thanh, Dong Tho Ward, Thanh Hoa City

Hotline: 0389820698

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