
Sign up for consultation
An independent accounting branch is a flexible financial management model, helping businesses allocate resources effectively and optimize cost control processes. Establishing an independent accounting branch not only brings initiative in financial management but also helps businesses improve their ability to control risks. The article below will provide information on how to register to establish an independent accounting branch to help businesses achieve the highest efficiency.
An independent accounting branch is a dependent unit of an enterprise that is allowed financial autonomy and has the right to open its own account. This unit can perform all or part of the business’s functions as authorized. Independent accounting branches have autonomy in recording and monitoring arising economic transactions.
Independent accounting branches have the following main characteristics:
Pursuant to Article 44 of the Law on Enterprises 2020, the branch must ensure that business activities are consistent with the registered profession of the host enterprise. The branch can perform the authorized representative function of the enterprise within its assigned scope.
To register to establish an independent accounting branch, businesses need to prepare documents as prescribed in Article 31 of Decree 01/2021/ND-CP, including:
The registration process for establishing an independent accounting branch is carried out according to the following steps:
Step 1: Submit application at the Business Registration Office where the branch is located
Step 2: Document appraisal:
Within 03 working days from the date of receipt of the dossier, the Business Registration Authority is responsible for reviewing the validity of the dossier and issuing the Branch and Representative Office Operation Registration Certificate.
Step 3: Change GCN content:
Enterprises are responsible for registering changes to the content of the Certificate of registration of branch and representative office operations within 10 days from the date of change;
Step 4: Notify business location:
Within 10 days from the date of deciding on the business location, the enterprise shall notify the business location to the Business Registration Authority.
CSPL: Article 45 of the Law on Enterprise 2020.
When establishing an independent accounting branch, businesses need to pay special attention to the following issues:
Legal conditions and establishment procedures:
Independent accounting:
Organizational structure and personnel:
Management and control:
Comply with tax and legal regulations:
Charter capital and finance:
Rights and obligations of branches:
Choosing to use consulting and support services will ensure that the process of establishing an independent accounting branch goes smoothly. At Long Phan, with a team of experienced experts, we provide support services. specialized.
The services we provide include:
Establishing an independent accounting branch is a process that requires strict compliance with current regulations. To ensure the establishment process goes smoothly and according to regulations, customers can immediately contact our team of consulting experts via the hotline: 0906735386. We will provide detailed instructions on procedures, support in completing documents and help you successfully take the necessary steps to put the branch into effective operation.
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.
Leave your email to receive the latest information from us
CONTACT: 0906 735 386
Copyright 2024 © Tư vấn Đầu tư Long Phan. All rights reserved.