A complete set of documents required for submitting an application for establishing a private company. This will facilitate a quick and easy registration process. But how can the approval process for registering a private company be expedited? And what should one pay attention to when completing registration procedures? Let’s explore how to register a private enterprise right now.
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Documents for establishing a private company
According to Decree 01/2021/ND-CP: When submitting a registration dossier for establishing a private company, the following documents must be prepared:
- Application form for company registration
- Valid copies of personal identification documents such as: ID card, passport, citizen card
- Decision issued by a competent authority to allow the conversion of social welfare, social protection, charitable funds into a social enterprise
Process/procedures for establishing a private company
After preparing the complete set of documents for registration, the next step is to follow these procedures to establish a private company:
Step 1: Submit documentation
After preparing the full set of necessary documents, the authorized representative or delegate will submit the application via two methods:
- Direct submission at the business registration office of the Department of Planning and Investment where the business is headquartered.
- Online submission through the national business registration portal.
Step 2: Process the documentation
Once the documents reach the Department of Planning and Investment, the processing phase begins, which typically takes about 3 working days from the date of receipt. During this period, the business registration office will complete all necessary processing. Afterwards, the results are returned to the business registration office for delivery to the private company registration applicant.
Step 3: Receive the result
For valid applications, businesses will receive the business registration certificate directly at the business registration office or via postal service.
Conditions for establishing a private company
Since a private company is owned and invested in by one owner, who has full decision-making authority regarding all issues of the enterprise. Therefore, this business form is very common in the market.
However, to establish a private company, the following conditions must be met:
- The business name must not cause confusion with other companies and must not duplicate existing names.
- The headquarters of the company must be from the lawful owner, with a clear address, not located in apartments or restricted local areas.
- The business lines of the company must fall within the system of national economic sectors or comply with specialized legal regulations. Business sectors prohibited from investment are excluded.
- The invested capital of the enterprise must meet the legal capital requirements for sectors that require minimum charter capital.
Apecdoc.org provides reputable private company registration services
To facilitate clients in completing the private company registration procedures, service providers like Apecdoc.org have emerged. These services are seen as a solution not only to handle dossier preparation and registration procedures but also offer:
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Free consultancy and support
To assist clients in understanding business law, an experienced team of consultants with deep knowledge of enterprise law and Vietnamese legal regulations is available. They will help address all concerns and meet client needs.
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Cost-effective full-package private company registration
For clients unfamiliar with enterprise law or Vietnamese legal requirements, Apecdoc.org’s complete or budget-friendly registration services are suitable. Clients can confidently delegate authority without worrying about individual service package costs.
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Providing full and lawful registration dossiers
To expedite approval from the Department of Planning and Investment, contact Apecdoc.org for support. With a team of professional advisors well-versed in enterprise law, they help not only select the appropriate business type but also provide a complete dossier as per regulations.
Therefore, with the procedures and steps outlined above, you will soon receive your company registration certificate. However, to comply fully with legal standards, contact Apecdoc.org for dedicated consultation.
