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A branch of a limited liability company with two or more members is a form of expanding a company’s business activities. Establishing a branch of a limited liability company with two or more members helps businesses expand their markets, increase their presence, and facilitate business management. This article will provide detailed instructions on the necessary procedures, documents and processes so that businesses can establish branches quickly, and legally.
A branch of a limited liability company with two or more members is a dependent unit, carrying out the company’s business activities within the scope of registered business lines. According to Article 44 of the Law on Enterprise 2020, branches do not have legal status and must be directly managed by the company. The role of the branch is to expand business scale and optimize costs without establishing a new company.
Article 45 of the Law on Enterprise 2020 stipulates that branches can operate domestically and internationally. This helps the company expand its market and increase competitiveness. Branches must comply with the establishment and reporting process according to the provisions of law, ensuring legality and transparency in operations.
To establish a branch, a two-member LLC needs to meet the following requirements:
Dossier to register to establish a branch needs to fully prepare the following documents:
CSPL: Clause 1, Article 31 of Decree 01/2021/ND-CP.
The registration process for establishing a branch of a limited liability company with two or more members is carried out according to the following steps:
CSPL: Article 32 of Decree 01/2021/ND-CP.
>>> See more: Procedures for establishing a joint stock company branch are quick
After establishing a branch of a limited liability company with two or more members, businesses need to note the following points:
Long Phan provides consulting services and support for establishing branches for businesses in Vietnam. Customers will be supported by a team of experts from preparing documents to completing registration procedures, helping to reduce risks and save time. Our services include:
Establishing a branch of an LLC with two or more members is an important process for the development of the business. If customers need detailed advice on procedures, documents or the process of establishing a branch, please contact Long Phan to receive dedicated support from a team of experts. Please call the hotline immediately 0906735386 for advice and answers to all questions.
Note: The content of the articles published on the website of Long Phan Investment Consulting Company is for reference only regarding the application of legal policies. Depending on the time, subject, and amendments, supplements, and replacements of legal policies and legal documents, the consulting content may no longer be appropriate for the situation you are facing or need legal advice on. In case you need specific and in-depth advice according to each case or incident, please contact us through the methods below. With our enthusiasm and dedication, we believe that Long Phan will be a reliable solution provider for our clients.
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