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Establishment of affiliated units help businesses expand their markets and develop their business in accordance with the law. Establishing a branch, representative office or business location helps businesses optimize resources, increase competitiveness and reach customers in many different geographical areas. Please follow Long Phan’s article to better understand the benefits and detailed procedures when establishing a subsidiary.
According to Article 44 of the Law on Enterprise 2020, businesses can establish affiliated units including branches, representative offices and business locations, each with separate roles and functions. Specifically:
To establish these affiliated units, businesses need to carry out procedures according to relevant legal instructions. And the procedures for registering branch and representative office operations and notifying the establishment of business locations will be carried out in accordance with Article 31 of Decree 01/2021/ND-CP, as follows:
Profile components
Place to submit application
Resolution deadline
Note:
Profile components:
Place to submit application
Deadline and implementation steps
Profile components
Place to submit application
Resolution deadline
Note
Long Phan provides comprehensive solutions for businesses in establishing branches, representative offices and business locations with the following specific benefits:
With rich experience and extensive understanding of business law, Long Phan is confident to bring optimal solutions to your business. And Long Phan’s professional and comprehensive services include:
Establishing a subsidiary for a business is a strategic step in the process of developing and expanding business activities. With a team of experienced experts, Long Phan will provide customers with comprehensive solutions regarding professional processes and reasonable costs. If you need advice, please contact Long Phan via hotline 0906735386 for the fastest and most effective support.
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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