In the context of a widely open economy, a one-member limited liability company is becoming a popular choice. Therefore, it is extremely necessary to understand the incorporation process and related regulations. This article provides detailed information about the dossier and procedures for establishing a single-member limited liability company, making it easy for you to do so.
The charter includes information about the company's name, address, charter capital, line of business, personal information of the owner and legal representative, along with their rights and obligations. If the owner and representative are two different persons, both need to sign at the end of the charter.
The application form must be filled out in accordance with the form Appendix I-2. This form can be downloaded for free on the business registration page of the Department of Planning and Investment.
If there is an authorization for the filing of the dossier, the power of attorney must clearly state the information of the representative and the authorized person, and must be fully signed.
A notarized copy of the passport, CCCD or ID card of the owner, legal representative, and the person authorized to submit the dossier needs to be prepared.
The preparation of important information about the type of enterprise, business line, company name, head office address, capital contributors, charter capital level and legal representative is the first step in the establishment process.
The dossier needs to be drafted in accordance with legal requirements to ensure a smooth incorporation process.
Applications can be submitted directly at the business registration office or online through the national portal.
Within 3 days from the submission of a valid application, the enterprise will be issued an enterprise registration certificate.
After receiving the certificate, the company must publish the registration information on the national portal within 30 days.
The company must design and engrave the seal in accordance with the provisions of the Law on Enterprises 2020.
The company's signage must be hung at the head office, including information such as the company name, address, tax identification number, and phone number.
The company needs to register for electronic tax payment, submit a license declaration and make an initial tax declaration at the district-level tax office.
The entity established must have full civil act capacity, be full 18 years old and not belong to the prohibited subjects.
The charter capital level does not have a minimum provision, but must be committed to fully contribute within 90 days from the issuance of the business license.
Business lines must comply with the provisions of the Law on Investment 2020, with conditional industries will need to meet specific requirements.
A one-member limited liability company is a safe and flexible option for individuals and organizations looking to start a business. A Dong provides services to support all legal procedures at the most reasonable cost. Please contact us for the best advice and support in the process of establishing a business.
If you need more information or support, please contact A Dong Company for detailed advice.
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