Consulting on establishing a construction machinery wholesale and retail company

Article overview

Establishing a wholesale and retail company of construction machinery opens up attractive business opportunities in the rapidly growing construction sector. The supply of specialized equipment and machinery meets the needs of large and small construction projects across the country. The following article by Long Phan will guide customers through the steps, from choosing the industry code to completing the necessary legal procedures, helping you quickly start effective business operations. Please refer here.

Instructions for establishing a construction machinery wholesale and retail company
Instructions for establishing a construction machinery wholesale and retail company

Industry code for construction machinery trading

Choosing the correct industry code is the first step when establishing a construction machinery wholesale and retail company. According to Decision No. 27/2018/QD-TTg, industry codes related to this field include:

  1. 4659 Wholesale of other machinery, equipment and spare parts.
  2. 46591 Wholesale of mining and construction machinery, equipment and spare parts.
  3. 4719 Other retail in general stores.

When registering a business, customers need to choose an industry code appropriate to their expected business activities. Industry code 46591 is most suitable for the wholesale of construction machinery. However, if you plan to expand into retail, you can add code 4719. Choosing the correct industry code will help avoid legal problems later and create favorable conditions for your business operations business.

Procedures for establishing a construction machinery wholesale and retail company

Profile components

To establish a construction machinery wholesale and retail company, customers need to prepare a complete and accurate set of documents. This dossier includes important documents such as:

  • Application for business registration and Draft company charter. The business registration application needs to be filled out with all information about the newly established company, including company name, head office address, business lines and information about the legal representative.
  • The draft company charter must be developed according to the provisions of Article 24 of the Law on Enterprise 2020, including basic content on the company’s organization and operations. In addition, the dossier needs to have a list of company members (for LLCs with two or more members) or a list of founding shareholders (for joint stock companies). Customers also need to provide copies of personal identification documents of founding members or shareholders.
  • For individuals, it is necessary to provide a certified copy of a valid ID card, passport or citizen identification card. For organizations, it is necessary to provide a copy of the Business Registration Certificate and personal identification documents of the authorized representative.
  • In case an organization contributes capital to the company, written authorization is required for the representative of the capital contribution.

Full and accurate preparation of these documents will help the business registration process go smoothly and quickly.

Implementation steps

Step 1: Submit application

Applications can be submitted by one of the two methods below:

  • Submit directly to the Business Registration Office of the Department of Planning and Investment of the province/city where the enterprise is headquartered;
  • Submit your application online at the National Business Registration Portal at: dangkylanhdoanh.gov.vn

Step 2: Process documents and issue certificates

  • The Business Registration Office issues the Business Registration Certificate within 03 working days from the date of receipt of valid documents.
  • In case the dossier is not valid or the business name requested to be registered does not comply with regulations, the Business Registration Office must notify in writing the content that needs to be amended or supplemented to the business founder or enterprise within 03 working days from the date of receipt of the application.

Step 3: Announce the business registration content

  • Information announcing business registration content is posted on the National Business Registration Portal.
  • The request for publication of business registration contents and payment of fees for publication of business registration contents are made at the time the enterprise submits the business registration dossier.
Process of establishing a construction machinery wholesale and retail company
Process of establishing a construction machinery wholesale and retail company

Note some procedures after registering to establish a construction machinery wholesale and retail company

After completing the registration procedures to establish a construction machinery wholesale and retail company, customers need to pay attention to some important procedures to ensure business operations comply with the law.

First, tax issues play a key role. You need to register for a tax code, declare initial tax and fulfill periodic tax obligations according to regulations.

In addition, you need to pay attention to hanging company signs properly, setting up an appropriate accounting system and complying with labor regulations. For the construction machinery business, ensuring labor safety and environmental protection are also important factors that need to be carefully considered. You should learn about regulations related to intellectual property, especially copyright and trademark issues, to avoid legal disputes in the future.

Full compliance with these procedures not only helps businesses operate legally but also creates a solid foundation for long-term development. You should consider consulting with legal and accounting consultants to ensure all aspects of your business comply with the law. This will help your company focus on business development without having to worry about legal issues that arise.

Things to keep in mind after establishing a company
Things to keep in mind after establishing a company

Full service of establishing a wholesale and retail construction machinery company

To ensure the process of establishing a construction machinery wholesale and retail company goes smoothly and legally, many businesses choose to use a full company establishment service. This helps avoid mistakes that could cost you time and money in the future. Long Phan is proud to provide in-depth consulting services in the field of business establishment. With an experienced team, we are committed to supporting you in the process of establishing a construction machinery wholesale and retail company quickly and effectively.

Long Phan’s services include:

  • Consulting on choosing the appropriate type of business.
  • Support for registering business names and industry codes.
  • Drafting business registration documents.
  • Representative to carry out business registration procedures.
  • Support for tax code registration.
  • Consulting on procedures after establishment registration.
  • Business seal engraving service.

Establishing a construction machinery wholesale and retail company opens up promising business opportunities with strong development in the construction sector in Vietnam. Please contact Long Phan immediately via hotline 0906735386 for detailed advice and full support. Long Phan believes that, with careful preparation and compliance with legal regulations, your company will quickly develop strongly in this potential construction machinery business field.