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How to register a business in Quang Nam province

25/07/2022


HOW TO REGISTER BUSINESS ESTABLISHMENT

IN QUANG NAM PROVINCE

Tư vấn cách đăng ký thành lập doanh nghiệp tại tỉnh Quảng Nam

Figure 1. Thinh Tri Law - Advice on how to register a business in Quang Nam province.

  • Quang Nam province is a coastal province in the central key economic region with extremely convenient geographical position to connect other provinces in Vietnam. This is the first locality in the country to deploy the model of an Open Economic Zone operating in many fields and industries, and at the same time with famous scenic spots such as Hoi An Ancient Town, Cu Lao Cham, and the My Son beach, etc. Quang Nam is a province with great opportunities for strong development in the future. In order to support and accompany individuals and organizations wishing to establish a business in Quang Nam province, the following article, Thinh Tri Law will summarize the basic steps in the business establishment process so that individuals, organization has a more objective view on this issue.

OUTLINES

1. Detailed instructions on the preparation of information before establishment of an enterprise.

2. Procedures for setting up an enterprise in Quang Nam province.

1. Detailed instructions on preparing information before registering for business establishment::

  In order to carry out the procedures for setting up an enterprise, the company owner only needs to prepare the following information for 3S Law to compile a company establishment dossier:

  • Choose your business type:

Currently, in Vietnam, if you want to set up an enterprise, you need to choose one of the following five types of businesses: Joint Stock Company, One Member Limited Company, Limited Company with 2 or more members, Partnership, Enterprise. private. Each type of business will have its own characteristics and operating methods, so based on its size and business strategy, investors can choose the type of business. Currently, in Vietnam, if you want to set up an enterprise, you need to choose one of the following five types of businesses: Joint Stock Company, Single Member Limited Company, Limited Company with 2 or more members, Partnership, Enterprise. private. Each type of business will have its own characteristics and operating methods, so based on its size and business strategy, investors can choose the type of business.

More articles: Consulting on 3 popular businesses types.

  • Name your business:

  • Naming of an enterprise does not affect the line of business but also depends on the type of business, specifically as follows:
  • Joint stock company + private name;
  • Limited company + own name (regardless of 1-member limited liability company or 2-member limited liability company).
  • Therefore, individuals and organizations can choose a name suitable for their business products, their own name, etc., which must absolutely not be the same or cause confusion with other businesses in the territory of Vietnam that have been registered in advance.
  • The business line
  • The business lineis one of the important factors in the business activities of the enterprise, it will greatly influence other factors. Therefore, enterprises should prepare all the business lines they intend to operate and the lines of business in which they plan to do business in the future. In case an enterprise registers for this business line but later on it wants to do another business, it can conduct additional business lines.
  • Select the level of charter capital
  • Currently, the law does not stipulate the minimum capital (except in the case of businesses with legal capital requirements) or minimum capital. This capital will be registered by the business itself and the business does not need to prove cash or account or any other form. However, the person establishing the business needs to be responsible to the extent of the registered charter capital.

More article: How much capital does it take to set up a private business?

  • Company address
  • The address of the company must be complete and accurate. Address information has 4 levels and is located in a house or an office apartment (with documents proving that the registered office building is used as an office, also known as an apartment with business functions), companies are not allowed to stay in group houses or residential apartments.

2. Procedures for setting up a business in Quang Nam province:

 Thủ tục thành lập doanh nghiệp tại tỉnh Quảng Nam

Figure 2. Thinh Tri Law - Procedures for setting up a business in Quang Nam province.

  • Step 1: Prepare documents
  • To complete the company establishment procedures, customers only need notarized or certified copies of valid IDs/CCCDs/Passports of members, founding shareholders of the company, legal representatives of the company. .
  • Step 2: Prepare a company profile
  • Business registration application form;
  • Draft corporate charter (Except for private enterprise);
  • List of members, for limited liability companies with 2 or more members, founding shareholders, for joint stock companies;
  • Notarized or authenticated copies of the following papers: For individuals: Copy of valid ID card/CCCD/Passport. For organizations that are members: A document appointing an authorized representative; legal papers of individuals for authorized representatives of members being organizations.
  • Decision on capital contribution for company members, company shareholders being organizations;
  • Other documents in special cases (Thinh Tri Law will advise customers to prepare according to the provisions of law);
  • Legal service provision contract (Authorization contract) to authorize Thinh Tri Law Firm to perform business establishment services.
  • Step 3: Submit an application for a business registration certificate in Quang Nam province
  • Submit your application at the Business Registration Office of the Department of Planning and Investment of Quang Nam province
  • Address: No. 2 Tran Phu, Tam Ky City, Quang Nam
  • Website: //www.dpiqnam.gov.vn/
  • Step 4: Engrave the seal of the legal entity
  • Step 5: Announce business registration information
  • After being granted an enterprise registration certificate, it is necessary to submit an application for disclosure of information on business establishment at the National Portal on business registration in accordance with the law. Contents that an enterprise must disclose specifically are the contents of the enterprise registration certificate and the following information:
  • Business line and sector
  • List of founding shareholders and shareholders being foreign investors for joint-stock companies.
  • Time limit for announcing business registration contents: Within 30 days after being granted business registration certificates, enterprises must publish business registration contents on the national portal on business registration. business registration.
  • Implementation time: from 4 days to 6 working days.

Hope this article will provide useful information for you.

More articles

Do I need a degree to start a business?

What is the company's charter capital? Cases of increase or decrease in charter capital of the company.

What types of capital are included in the start-up capital of a company?

  • For more about the conditions, procedures and registration process in Quang Nam province, please contact us directly via:

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