You are planning to establish a business, you are looking for a reputable unit to provide company establishment services in Quang Ngai for you regarding the entire process of establishing a company and issues related to costs, taxes payable when establishing a company… Viet My is one of the main units specializing in consulting, supporting business establishment and tax accounting. Viet My is a unit that has been operating in this field for many years, in contact with thousands of customers, so we know the difficulties and problems that most business owners encounter in the process of establishing a business as well as the upcoming business operations.

1. Regulations on company establishment in Quang Ngai

Viet My is a company establishment service provider in Quang Ngai specializing in providing company establishment documents in Quang Ngai. With many years of experience in this field, we are proud to be the leading unit providing services related to businesses. If you need to use consulting services for business establishment in Quang Ngai, please contact:

1.1 Conditions for registering to establish a company in Quang Ngai

Based on Article 17 of the Enterprise Law 2020, the regulations related to company establishment are as follows:

Organizations and individuals have the right to establish and manage enterprises in Vietnam according to the provisions of this law but must meet the following conditions:

• Be 18 years of age or older and have full civil act capacity. The capital used to establish a company is legal; No prohibition on providing start-up capital
• The organization providing capital to establish a company must have legal status; Participation in the company charter is not prohibited; You are not prohibited from doing business, you are not prohibited from doing business in these areas; they are not prohibited from participating in the company charter.

1.2 Documents for establishing a company in Quang Ngai

Documents for establishing a company in Quang Ngai require the following documents:

• Application for business registration to apply for a business registration certificate in Quang Ngai.
• Number of shareholders/members
• Charter capital of the company
• ID card/citizen identification card, passport for individuals. Some documents with legal status: business registration certificate, establishment decision, authorization letter, etc.
• Send documents to: Department of Planning and Investment.

1.3 Procedures for registering a company in Quang Ngai

To establish a business in Quang Ngai smoothly, businesses need to fully prepare basic information about the business as follows:

Business type suitable for your business

• Companies in Quang Ngai should determine the correct type of business they are doing business in and then make the appropriate choice, because each type of business has its own characteristics depending on business conditions, capital or number of businesses. personal business wishes… will have a suitable type.
• Currently, there are 5 popular types of companies you can choose from: private companies, partnerships, joint stock companies, LLCs with 2 or more members and LLCs with 1 member.

The company name must not be the same as another company

• When naming a company, the company should note not to write it together or cause confusion with the name of a registered company. Do not use the name of a government agency, a unit of the city’s armed forces, or the name of a political organization, a socio-political organization, or a socio-political-professional organization to set the entire or partial name of a company, except in cases where the agency, unit, or organization permits the use of words or symbols that are contrary to the historical, ethical, cultural, and traditional customs of the nation.
• The business name must have a complete structure, including the type and proper name. Businesses should research the business name before naming it to avoid breaking common rules.

Business field

• For the establishment of a business in Quang Ngai to go smoothly, you need to choose the right business registration industry for your business field.
• In addition, the company should note that if it is a conditional business industry, it can operate immediately after being licensed, but if it is a conditional business industry, the company must comply with the following conditions: such as capital requirements or licensing or certification requirements.

Need to prepare a legal representative for the company

• When establishing a business in Quang Ngai, it is necessary to elect a legal representative with capacity and courage because that person is the important person who decides on matters related to the business.
• The legal representative of the company is an individual representing the company to exercise the rights and obligations arising from the company’s operations. The company representative acts as the plaintiff, defendant, person with rights and obligations before the Arbitration, the Court and others, rights and obligations as prescribed by law.
• Limited liability companies and public companies may have one or more legal representatives. The company charter specifically stipulates the number, management positions and rights and obligations of the company’s legal representative.

Capital and tax declaration

• Companies should prepare capital to open a business premises in Quang Ngai depending on their financial capacity or industry conditions. However, due to the high start-up costs, you need to have enough capital
• Declaring registered capital is an important task when establishing a business in Quang Ngai, because companies must declare the capital “registered to establish a business in Quang Ngai” according to regulations.
• Usually, for industries that do not require capital, businesses can declare the registered capital level depending on their capabilities, conditions and desires. Because there is no minimum or maximum equity capital requirement here. Just note that reducing social capital sometimes affects the company’s reputation in the eyes of business partners. When a company registers an industry that requires capital, the company’s registered capital must be declared at least equal to the legal capital of this industry. In this case, there are no regulations on registered capital, maximum ratio but there are regulations on minimum registered capital, businesses need to pay attention.

Set up a business address

Businesses in Quang Ngai must have a business location, registered headquarters and business registration according to regulations. The business address must not be located in an apartment building, collective housing area, commercial area, or an area where business addresses are prohibited.

If you want to save on office rental costs, you can use an independent house with a clear and precise address in Vietnam as your business address.

2. What are the advantages of setting up a business in Quang Ngai?

Starting a business in Quang Ngai can bring many benefits to businesses. Here are some advantages of starting a business in Quang Ngai:

Favorable geographical location: Quang Ngai is located in the center of the Central region, bordering the East Sea, with many important seaports and convenient roads and traffic connecting neighboring provinces. Therefore, businesses in Quang Ngai can easily transport goods and access large markets.

Potential for economic development: Quang Ngai develops many industries, services, tourism, especially industries related to renewable energy and smart cities. Companies can exploit this potential to develop their business.

Low investment costs: Compared to large cities such as Hanoi and Ho Chi Minh City, investment costs in Quang Ngai are much lower. This helps companies reduce investment and operating costs.

Government support: The government promotes economic development and investment in key economic zones, including Quang Ngai. Therefore, businesses enjoy many support policies from the state such as tax reduction, financial support, infrastructure investment, etc.

Abundant labor force: Quang Ngai has a large population, abundant, diverse and highly educated labor force. This makes it easier for companies to choose human resources that suit their needs.

Above are some advantages when establishing a business in Quang Ngai, however, to achieve maximum business efficiency, businesses need to carefully research and determine the right business strategy.

3. Company establishment service in Quang Ngai by Viet My

If individuals and organizations are hesitant, hesitant and having difficulty in carrying out the preparation procedures, wondering about the necessary questions to register to establish a company in Quang Ngai, you can also choose to find a unit specializing in providing company establishment services in Quang Ngai.

This party will receive your desired information to complete the company registration procedures on your behalf, you need to pay a fee for the company establishment service.

Viet My is one of the leading units providing business establishment services nationwide. We advise and support business establishment at reasonable costs, with outstanding quality. Therefore, customers who experience the service are absolutely satisfied and become loyal customers.

4. Benefits of using the company establishment service at Viet My

There are many transactions that cannot be carried out by an individual but must be carried out by an organization; especially in industries such as law, real estate, aviation, etc., all of which require business conditions. On the other hand, not registering a company while doing business will cause many major problems for long-term business plans or require many related requirements and procedures. Establishing a business also helps build the business owner’s own brand. When a company’s products and services become popular in the market, it needs a trademark so that consumers can distinguish them from the products and services of other companies.

The first benefit that Viet My’s company establishment service brings to you is to help you ensure accuracy according to legal regulations from the stage of preparing documents, papers, and location of company establishment to the process of working with state agencies. Not only that, but also after the company establishment process, it is necessary to carry out steps such as paying taxes, making invoices… which must be done in accordance with legal regulations to avoid paying fines for violations that affect the company’s operations.

When using our services, you will not have to worry about costs or the implementation process. All activities when implemented will be notified to you and agreed upon by both parties and concluded by a legal contract. You do not have to “run around” or worry about wasting time, just wait according to the announced time and the results will be delivered.

Our services have been trusted by thousands of customers for many years, we have a full grasp of legal knowledge and practical experience. We understand the difficulties customers encounter, the problems that need to be solved. Therefore, we want to bring our customers the best results and also hope to receive full trust from customers.

Above is the answer of VIET MY LAW AND ACCOUNTING about customer questions about company establishment services in Quang Ngai. Hopefully this information will be useful to help you better understand the profile and procedures for establishing a business. If you have any other questions, you can contact us for the most detailed advice.