Business household registration costs and implementation steps

Article overview

Business household registration fees is the responsibility that the registrant must carry out. Full payment of registration fees is also one of the conditions for granting a certificate. In the article below, we will provide detailed information on the costs of business household registration and the order and procedures for implementation.

Business household registration costs and implementation steps
Business household registration costs and implementation steps

Who has the right to register to establish a business household?

According to Article 80 of Decree 01/2021/ND-CP, the right to register business households is strictly regulated to ensure that individuals and households have sufficient capacity to conduct business activities. Specifically, subjects with the right to register business households need to meet the following conditions:

  • Individuals and household members are Vietnamese citizens with full civil act capacity and do not fall into the following cases:
  • Minors and people with limited civil capacity; people who have lost their civil act capacity; people with difficulty in cognition and behavior control;
  • People who are being prosecuted for criminal liability, are detained, are serving prison sentences, are serving administrative measures at compulsory detoxification facilities, compulsory education establishments or are being banned by the Court holding positions, prohibiting practicing certain professions or doing certain jobs;
  • Other cases as prescribed by relevant laws.

Steps to register a business household

The process of registering a business household in Vietnam requires compliance with the correct procedural steps to ensure legality and avoid future risks. Steps include:

Step 1: Prepare registration documents:

Registration documents need to include:

  • Application for business household registration;
  • Personal legal documents for business household owners and household members registering business households in case household members register business households;
  • Copy of the meeting minutes of household members on the establishment of a business household in case household members register a business household;
  • Copy of the household member’s authorization document for a member to be the business owner in case household members register their business.

Step 2: Submit application

Submitting documents to the management agency: Documents are submitted to the Economic Department or Finance – Planning Department of the district People’s Committee (People’s Committee).

Step 3: Process documents

  • Issue Business Household Registration Certificate to business households within 03 working days from the date of receipt of valid documents.
  • In case the dossier is invalid, within 03 working days from the date of receipt of the dossier, the registration agency must notify in writing the person submitting the dossier or the business household founder.
Business household registration certificate
Business household registration certificate

Total current business household registration costs

According to the provisions of Clause 7, Article 3 of Circular 85/2019/TT-BTC, the cost of business household registration is decided by the Provincial People’s Council. Therefore, each different province and city may have different household registration costs.

For example, in Ho Chi Minh City, the business household registration fee is 100,000 VND/time/registration.

What should you keep in mind when naming your business?

Business household names must comply with prescribed standards and avoid cases that violate customs or cause confusion. According to Article 88 of Decree 01/2021/ND-CP, requirements for business household names are as follows:

  • Name structure: The business household name must include two elements: the phrase “Business household” and the personal name of the business household. For example: “Nguyen Van A Business Household”.
  • Valid languages ​​and characters: Personal names can use letters in the Vietnamese alphabet and the letters F, J, Z, W, and are allowed to include numbers and symbols. This helps businesses use unique names and clear identification.
  • Do not violate customs and traditions and do not cause confusion: Business household names must not use words or symbols that violate the cultural and historical values ​​of the nation, and must avoid being identical to other business household names in the same district level area. This is to prevent situations that cause confusion or lose the uniqueness of business households.
What should you keep in mind when naming your business?
What should you keep in mind when naming your business?

Consulting services and support for quick and economical business household registration

Long Phan provides services to support individuals and households in quickly and accurately carrying out business registration procedures. Services include:

  • Consulting on conditions for registering to establish business households;
  • Consulting on cases where it is impossible to establish a business household;
  • Consulting on preparing application documents to establish Business Households;
  • Instructions on the order and procedures for quickly registering business households;
  • Authorized representative carries out business household registration procedures;
  • Consulting on difficulties and problems during implementation.

To be granted a business household registration certificate, you must fully meet and follow the correct process. Professional support services from Long Phan will help customers master the procedural steps, saving time and costs. To start the registration process quickly and effectively, please contact the hotline 0906735386.