Professional and effective business establishment consulting

Consulting on business establishment plays an important role, ensuring business establishment takes place quickly and legally.  Establishing a business in Vietnam requires complex procedures and documents, from choosing the type of company to registering the business line. The article below will help customers clearly understand the process and benefits of using business establishment consulting services at Long Phan.

Types of businesses in Vietnam

According to the Law on Enterprise 2020, currently in Vietnam there are 5 main types of businesses:

• Private enterprise (DNTN): Established by an individual, the charter capital is contributed by that individual and is responsible with all of his or her assets for the business activities of the enterprise.
• Partnership company (CTHD): Established by two or more members, the members are jointly responsible for the company’s debts and property obligations with all of their assets.
• Limited liability company (LLC): Established by two or more members, the members have limited liability for the debts and property obligations of the company within the amount of contributed charter capital. There are two types of LLC: one-member LLC and LLC with two or more members.
• Joint stock company (JSC): Established by three or more shareholders, charter capital is divided into many shares of equal value. Shareholders have limited liability for the company’s debts and property obligations within the amount of capital contributed to their shares.

Choosing the appropriate type of business depends on its size, business goals and investor needs.

Benefits of using business establishment consulting services

Using business establishment consulting services brings many practical benefits, helping customers save time, effort and costs:

• Ensure compliance with the law: advise and support customers in completing documents and procedures for establishing a business in accordance with the law, avoiding unnecessary errors.
• Save time and effort: Instead of learning and implementing complicated procedures yourself, customers can focus on building business plans and developing products and services.
• Cost optimization: Consulting services help customers choose the appropriate type of business, business line and form of capital contribution, thereby optimizing the costs of establishing and operating the business.
• Solve arising problems: During the process of establishing a business, many difficult problems may arise. Our consultants will assist customers in solving problems quickly and effectively.

Process of providing consulting services for establishing a business in Long Phan

With the goal of providing comprehensive and professional business establishment services, Long Phan supports customers before, during and after the company is established. Our 4-step process includes:

Step 1: Consulting before establishing a company

This is an important stage, helping customers determine the correct direction. Consulting services include:

• Consulting on choosing and registering business lines: Identifying the correct industry code, understanding business conditions.
• Consulting on choosing the type of business: Analyze the advantages and disadvantages of each type (private enterprise, LLC, LLC, JSC) to make the most suitable choice for the needs and conditions of customers.
• Consulting on naming and address: Ensure the company name and head office address comply with the law.
• Consulting on charter capital: Provide charter capital appropriate to business scale and industry.

Step 2: Draft business registration documents

After agreeing on the plan with the customer, Long Phan will draft the business registration documents, including:

• Application for business registration (according to the prescribed form).
• Company charter.
• List of members/shareholders.
• Personal identification documents of the owner/member/shareholder.
• Other documents as prescribed.

Step 3: Submit application and business registration fee

Long Phan will represent customers to submit documents to the business registration agency, monitor progress and carry out necessary procedures.

Step 4: Receive business registration results

Long Phan will receive the Business Registration Certificate and transfer it to the customer. Processing time is from 3 to 5 working days. After that, we will carry out procedures to publish the business registration content on the National Business Registration Portal.

>>> See more: Necessary conditions to establish a business in Vietnam.

Prestigious and effective business establishment consulting services in Long Phan

Long Phan provides professional, reputable and effective business establishment consulting services, accompanying customers on their startup path.

Consulting before establishing a business

The pre-establishment consultation stage is an important foundation, helping customers orient themselves properly and avoid errors that affect future business operations.

Long Phan’s consulting services include:

• Consulting on conditions for establishing a business;
• Consulting on choosing the appropriate type of business;
• Consulting and guidance on choosing business lines;
• Consulting on naming and charter capital;
• Consulting on conditions to become a legal representative;
• Consulting and guidance on business establishment procedures.

Consulting and implementing business establishment procedures

With a team of experienced consultants, Long Phan provides professional and effective business establishment services. We will:

• Document drafting: Completely and accurately draft documents in the business establishment profile, including the company charter.
• Submit application: On behalf of the customer, submit the application at the business registration agency.
• Monitor progress: Monitor and update application processing progress for customers.
• Receive results: Receive the Business Registration Certificate and hand it over to customers.

Consulting on tasks after obtaining the Business Registration Certificate

After the business is established, carrying out further procedures is very important to ensure business operations run smoothly.

Long Phan provides consulting services and support for implementing the following procedures:

• Register to engrave the Company seal;
• Post the announcement of the Company’s establishment on the National Business portal;
• Prepare capital contribution documents, member books, company shareholders (depending on the type of business);
• Support connecting with banks to open bank accounts for businesses;
• Detailed instructions on making the first tax declaration for businesses to the Tax Authority.

To make the business establishment process go smoothly and quickly, customers can rely on Long Phan’s business establishment consulting services. We are committed to supporting customers from preparing documents to completing procedures after establishment. For more detailed advice, please contact us via the hotline: 0906735386.