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Setting up a business in Da Nang

25/07/2022


REGISTRATION OF BUSINESS ESTABLISHMENT

IN DA NANG

Địa chỉ đăng ký thành lập doanh nghiệp tại Đà Nẵng

Figure 1. Thinh Tri Law - Business registration address in Da Nang. 

  • Da Nang city is currently a land attracting a lot of domestic and foreign investors. This is a city with a favorable geographical location which is on the North-South traffic axis so it is convenient in terms of road, rail, and air. Therefore, there are many individuals and organizations here who want to be able to set up businesses to catch up with the trend of business development in what is known as the "worth-living city". In the article, Thinh Tri Law will briefly outline the process and profile of business establishment in Da Nang city.

OUTLINES

1. What to know before drafting a company incorporation dossier in Da Nang.

2. Procedures for setting up a business in Da Nang.

3. Time to establish a company in Da Nang?

Legal basis:

  • Enterprise Law 2020;
  • Decree 01/2021/ND-CP: On business registration;
  • Circular 47/2019/TT-BTC: Regulations on collection rates, modes of collection, payment, management and use of fees for providing enterprise information and business registration fees.

1. What to know before drafting a company incorporation dossier in Da Nang:

  • Choose a name for your business:
  • A business name is a way for customers to distinguish one business from another. Therefore, the business name plays an important role for every business. The law stipulates that naming cannot be identical or confusing to previously registered companies nationwide, but naming is not always easy for businesses that are planning to establish.
  • Thinh Tri Law will advise, at the same time review and compare the name of the business that the customer intends to set, assist the customer in naming the business according to the customer's request but still ensure compliance with the law.
  • Business registration:
  • Based on the industry code table of Vietnam (issued together with Decision 27/2018/QD-TTG), enterprises will register level 4 economic sector codes for the industries that the enterprise intends to register for business. In case, enterprises want to register detailed economic codes, they need to cite relevant legal documents (if any).
  • Select the address of the head office of the enterprise:
  • Due to the establishment of an enterprise in Da Nang city, the address of the enterprise must be located in the area of ​​Da Nang, the head office of the enterprise must be clearly stated. for the business address.
  • To learn more about the address of the business headquarters, please contact us: 1800 6365
  • Choose your business type:
  • According to current law, in Vietnam, there are 05 types of enterprises as follows: Joint stock company, limited liability with 2 or more members, one member limited company, partnership, private enterprise. Each type of business will have its own characteristics and way of operating. Therefore, depending on participants in the business or depending on the business line, the enterprise chooses the type of enterprise. We will support businesses, specific advice should choose which type is suitable for business lines, capital, number of members, etc for businesses.

2. Procedures for setting up a business in Da Nang:

 Thủ tục thành lập doanh nghiệp tại Đà Nẵng

 

Submit an online application to establish a business in Da Nang

  • Step 1: Submit an online application to establish a business in Da Nang
  • To simplify public administrative procedures, customers only need to scan documents at the National Business Registration Portal at: //dangkyquamang.dkkd.gov.vn.
  • This online profile will be processed within 3 to 5 working days, the specialist will issue a notice to amend or supplement the profile in case the profile has errors or lack of documents; individuals and organizations must amend and supplement their dossiers until the experts announce that the dossiers are valid.
  • Step 2: Submit a paper business establishment application to the business registration office of the Department of Planning and Investment in Da Nang province.
  • When the dossier has been duly notified, the customer brings the dossier together with a valid ID/CCCD/Passport directly to the Business Registration Office of the Department of Planning and Investment in Da Nang city.
  • Step 3: Get business registration results, get seal
  • If the application is valid, the state agency will issue a business registration certificate to the enterprise. The enterprise will directly receive the results and contact the seal making agency to register a legal seal for the company.
  • Step 4: Hand over business establishment results and original documents to customers
  • After completing the business establishment procedures, Thinh Tri Law will proceed to hand over the results and documents to customers. At the same time, the tax return will be submitted on behalf of the customer (in case the customer requests it). In addition, issues related to printing invoices, opening bank accounts for businesses, submitting initial tax returns, etc. Thinh Tri Law will all support customers promptly.

3. Time to establish a company in Da Nang?

  • Thời gian doanh nghiệp thành lập tại Đà Nẵng sẽ được chia thành từng giai đoạn khác nhau để thực hiện công việc và dựa vào gói dịch vụ thành lập doanh nghiệp nhanh hay chậm sẽ do khách hàng quyết định. Thông thường, thời gian thực hiện thành lập doanh nghiệp sẽ được tính như sau:The time of business establishment in Da Nang will be divided into different stages to perform the work and depending on the service package of setting up a business quickly or slowly will be decided by the customer. Normally, the time to implement the establishment of a business will be calculated as follows:
  • Prepare business establishment documents: 01 working day
  • Submit the application to the business registration agency in Da Nang: 01 working day after receiving the application from the customer.
  • Apply for an enterprise registration certificate: 03 working days from the date the application is submitted and accepted as valid;
  • Engrave legal entity seal for the company: 01 working day
  • Announce business establishment on the national portal: 01 working day
  • Thus, the total time for setting up a business will take an average of 5 to 07 working days.
  • The above article, Thinh Tri Law will list the basic steps in the process of setting up a company. However, in reality, there will be many other legal issues that will make the time for the establishment of the company will be slower than expected. To limit possible legal risks and shorten the time to register for business establishment; Individuals and organizations should choose the service of establishing a reputable company at law firms.
  • Business establishment service is the main service as well as the strength of Thinh Tri Law Firm. With expertise and practical experience gathered when supporting the establishment of companies for more than 50,000 units across the country, we understand each process and procedure, take the initiative in working with state agencies and especially helping individuals and organizations get their establishment certificates quickly and in accordance with the law.

 More articles:

3 popular types of businesses.

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

 Kinds of c ompany capital? 

Should I set up a joint stock company or a 2 member limited company?

  • For more information about company incorporation services, please contact:

THINH TRI LAW FIRM

Hotline: 1800 6365