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What Do You Need to Establish a One-Member LLC

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Requirements for establishing a one-member LLC is a question you often have when you want to quickly complete the registration process for establishing a one-member LLC. To prepare all necessary documents for the registration process. Let’s review some important information and essential issues before registering to establish a one-member LLC.

What is needed to establish a one-member LLC

What is needed to establish a one-member LLC is a question you must answer when you want to promptly complete the registration procedures for setting up a one-member LLC.

What is needed to establish a one-member LLC

  • Prepare documents for establishing a one-member LLC

According to the regulations of the Enterprise Law. Any type of business when wishing to register must prepare the essential documents according to the regulation. The set of documents needed to establish a one-member LLC includes:

1: Application for business registration

2: Company charter

3: Valid copies of personal identification documents of the owner or the legal representative, including: ID card, citizen identification.

4: If the owner is an organization, you need to submit a business registration certificate, or a decision on establishment, or other equivalent documents along with valid copies of personal identification documents.

5: Investment registration certificate for businesses established by foreign investment or foreign-invested economic organizations.

6: Power of attorney from the owner to the authorized person

7: Power of attorney for the organization or individual to conduct registration procedures

  • Determine conditions for establishing a one-member LLC

Determine conditions for establishing a one-member LLC

1: The owner of the one-member LLC: According to Article 13 of the 2014 Enterprise Law, the owner of the LLC can be an individual or an organization that meets the regulations. However, cases where the owner cannot be a state agency, public servant, civil servant, etc.

2: Company name: must ensure meaningfulness, have Vietnamese and English names, and abbreviations for convenient transactions. Also, the name must not cause confusion or duplicate registered companies.

3: Company headquarters: must have a clear, owned address or legitimate use to ensure business activity.

4: Business lines: allowed to conduct any business not prohibited by law.

5: Charter capital: no minimum capital amount is specified by law, but you can decide on an amount within your capacity.

  • Cost of establishing a one-member LLC

The costs include:

1: Fees for issuing the business registration certificate

2: Fees for publishing company information post-establishment

3: Fees for embossing the company’s legal seal.

Additional costs may include other service fees related to the post-establishment activities or operational expenses.

Services for establishing a one-member LLC

Services for establishing a one-member LLC

To understand what is needed to establish a one-member LLC? You can contact reputable service providers for company registration to get assistance. These service providers are legal entities specialized in enterprise law. They possess in-depth understanding of the legal provisions in Vietnam’s business law and enterprise regulations, which will provide clients with comprehensive insight during the registration process.

Especially at apecdoc.org, with years of experience supporting many clients and organizations in completing registration documents swiftly. Clients using the company setup service here will not only be assured of the timely completion but also satisfied with the quality.

Moreover, supported service packages offer various benefits and advantages. Customers can choose a package that suits their needs, ensuring both reliability and ease in obtaining the right services.

Thus, the shared information above will help you understand what needs to be prepared when registering to establish a LLC. To learn more about the conditions for establishing a one-member LLC, you can contact apecdoc.org. Their consulting team will provide dedicated, free support for customers.