Services for establishing a professional management consulting company

Article overview

Establishing a management consulting company helps you exploit opportunities in the field of consulting, supporting businesses to optimize operations, improve strategy and develop sustainably. With professional services, you will help your customers receive dedicated advice on legal procedures, business structures and business lines, thereby ensuring success right from the first steps in the startup journey.

Establish a professional management consulting company in 2024
Establish a professional management consulting company in 2024

What is a management consulting company? Conditions for establishing a management consulting service company

A management consulting company is an economic organization established under the provisions of the Law on Enterprise 2020 and operates in the field of management consulting. Regarding management consulting activities, this is the activity of providing consulting services to organizations to improve operational performance or achieve the goals that the organization desires.

Management consultants are experts with knowledge and experience in the field of management who help organizations solve management problems, improve performance and achieve their goals.

According to the provisions of Decision 27/2018/QD-TTg, establishing a management consulting service company does not require meeting business conditions. Therefore, when establishing a company, depending on the type of service provided, you will meet the conditions related to the professional expertise in the industry in which you provide consulting and management services.

Industry code for management consulting activities

The industry code for management consulting activities according to Appendix 2 issued with Decision 27/2018/QD-TTg is 702 – 7020 – 70200, regulated at the following levels:

  • 702: Level 3;
  • 7020: Level 4;
  • 70200: Level 5.

This industry group includes consulting, guidance and operational assistance activities to businesses and other organizations on management issues such as strategic planning, operational planning, financial decisions, marketing policies, human resource policies, and production monitoring issues.

Industry code when registering for management consulting activities
Industry code when registering for management consulting activities

Procedures for establishing a professional management consulting company

Prepared documents

Depending on the type of company you intend to establish, the documents prepared when establishing a management consulting company will be different, based on Articles 19 to 22 of the Law on Enterprise 2020. The basic documents that need to be prepared will include:

  • Application for business registration.
  • Company charter.
  • List of members (for limited liability companies or partnerships) or list of founding shareholders (for joint stock companies).
  • Copies of personal legal documents for members/shareholders who are individuals or legal representatives.
  • Copy of legal documents of the organization for members/shareholders who are organizations and document appointing an authorized representative (if any).
  • Investment registration certificate for foreign investors (if any).

>>> See more: Comprehensive business establishment registration service in Ho Chi Minh City.

Procedures for establishing a professional management consulting company

Pursuant to Article 26 of the Law on Enterprise 2020, Article 42 to Article 45 of Decree 01/2021/ND-CP, the procedure for establishing a professional management consulting company will include the following steps:

Step 1: Prepare documents.

Step 2: Choose the business registration method.

You can register via the following methods:

  • Register directly at the Business Registration Office.
  • Register via postal service.
  • Register via electronic information network at the National Information Portal on business registration.

Step 3: Declare and verify information:

  • For online registration, the business founder must declare information and upload documents to the system.
  • Business registration documents can be authenticated with a digital signature or Business Registration Account.

Step 4: Submit application and receive Receipt:

After completing the application submission, you will receive a Receipt of business registration application.

Step 5: Review documents and issue Business Registration Certificate:

  • The business registration agency will review the application within 3 working days. If the application is valid, the Agency will issue a Business Registration Certificate.
  • If the dossier is invalid, the Registration Authority will request additions or modifications.

Step 6: Notification and information disclosure:

After being granted the Certificate, businesses need to publish business registration information on the National Information Portal according to regulations.

Step 7: Complete related procedures:

Complete procedures for opening a bank account and tax registration.

Steps to establish a professional management consulting company
Steps to establish a professional management consulting company

Consulting services and support for establishing a professional management consulting company

At Long Phan, we provide services to establish a professional management consulting company, helping you establish a business smoothly, saving time and effort. Long Phan provides services related to establishing a management consulting company as follows:

  • Consulting on choosing the type of business that suits the goals and development strategy of your management consulting company.
  • Consulting and drafting the company charter in accordance with legal regulations and business requirements.
  • Consulting on choosing the appropriate industry code for a management consulting company, ensuring the company operates legally and develops sustainably.
  • Support in preparing necessary papers and documents for the registration application to establish a management consulting company, including application for business registration, list of shareholders, members, copies of legal documents.
  • Support you to carry out business registration procedures via electronic network quickly, easily and ensure legality.

With a team of experienced experts, Long Phan will provide quality consulting services, ensuring you do not have to worry about procedures, paperwork or complicated legal issues. Contact Long Phan immediately via the hotline: 0906735386 for free consultation and support in completing documents to establish a professional management consulting company!