The company establishment price is an issue that most customers are concerned about when choosing to use company establishment services at service providers. With the cost of Viet My’s comprehensive company establishment service, we are always highly appreciated by customers for its quality as well as costs suitable to their needs. If you are interested in Viet My’s company establishment services, please refer to the detailed company establishment price list in Viet My below.

1. What is the process of establishing a company?

The process of establishing a company takes place in many stages, below are the basic procedures in the process of establishing a company:

1.1 Procedures for establishing a company

Step 1: Prepare all necessary information and prepare documents to establish a company according to regulations.

Based on Articles 22, 23, 24 of the Enterprise Law 2020 (amended by Decree 01/2021/ND-CP), the dossier includes:

• Application for business registration according to the form prescribed in Circular 01/2022/TT-BKHDT.
• Drafted charter of the company;
• List of all members/shareholders (if it is a 2-member limited liability company or a joint stock company);
• Identity card/citizen identification card/passport of all members/shareholders (within 6 months);
• Authorization document if the company representative does not perform the procedure himself.
• Other documents according to regulations on form and conditions according to the profession you choose.

Step 2: Submit your company registration application online through the national information portal or directly at the Business Registration Office under the Provincial Department of Planning and Investment. After receiving the receipt of valid company documents, submit the original company establishment documents to the Business Registration Office – Department of Planning & Investment of the province or city. In case you receive notice that the application is invalid, you must amend and supplement the completed company establishment application and resubmit it.

Step 3: Receive the result as Business Registration Certificate

1.2 Procedures after establishing a company

• Post the company establishment announcement on the national portal within 30 days after receiving the business registration license.
• Engrave the company’s round seal and register a new seal model
• Make company signs and hang them at the headquarters
• Open a company bank account. Submit notice of use of bank STK to the Department of Planning and Investment
• Register for an electronic digital signature to pay taxes electronically and pay license tax
• Carry out initial tax declaration procedures at the district tax department where the head office is located
• Submit and receive results requesting to apply tax calculation method and use printed invoices
• Print invoices and make invoice issuance notices
• Prepare accounting books for the company.

2. What are the costs to establish a company?

Costs to establish a company will include the following costs:

2.1. Business registration fees are paid at the Department of Planning and Investment

Article 32 of Decree 01/2021/ND-CP stipulates that companies must pay business registration fees and charges at the time of submitting the application for company establishment.

The fee for company registration according to Circular 47/2019/TT-BTC is 100,000 VND/time.

In addition, companies that register their businesses electronically are exempt from business registration fees.

2.2. Fee for publication of business registration contents

According to the provisions of the Enterprise Law 2020, within 30 days, the company must publish the business registration content on the National Business Information Portal.

The fee for announcing the content of business registration according to Circular 47/2019/TT-BTC is 100,000 VND.

2.3. Cost of engraving company seal

The cost of engraving a company’s seal will depend on each unit providing the seal engraving service or the type of seal required by the company. The price for this is about 200,000 – 500,000 VND.

2.4. Cost of making company signs

Depending on the unit making the sign for the company, there will be different prices. On the market, this price ranges from 300,000 VND to 1,500,000 VND depending on the material and size of the sign.

2.5. Fee for purchasing digital signature (Token)

Token digital signature is an encrypted USB format used instead of the signature and seal of the company’s legal representative to sign his/her name on declarations or other online operations to identify all those operations. belongs to the company.

Businesses can contact digital signature providers such as Viettel, Vina, Vinca… to purchase Digital Signature devices.

This cost also depends on the digital signature provider and the number of years of using the service. A digital signature for 03 years of use will range from about 2,000,000 – 3,000,000 VND/1 year (depending on the price of each signature provider and time of use).

2.6. Open a bank account and submit bank account notification

The company must open a bank account to be able to make transactions and use it to pay taxes according to current mandatory legal regulations. The procedure for opening a bank account is currently free of charge. However, companies need to ensure that the balance in this account is 1,000,000 VND (this level may vary due to different banks’ policies).

2.7. Declare and pay license fees

License fees need to be based on the company’s charter capital and are divided into the following two levels:

• Charter capital is less than 10 billion, license fee will be 2,000,000 VND/year.
• If the charter capital is over 10 billion, the license fee will be 3,000,000 VND/year.

Note: According to Decree 22/2020/ND-CP amendments and additions to Decree 139/2016/ND-CP, companies established in 2021 will be exempt from the subject fee in the first year of establishment.

2.8. Issuing electronic invoices – Value-added invoices

Electronic invoice is understood as an invoice expressed in the form of electronic data created by organizations and individuals selling goods and providing services, recording information about buying and selling goods and providing services. , digitally and electronically sign according to regulations by electronic means, including cases where invoices are created from cash registers that can connect to transfer electronic data to tax authorities. Cost is about 850,000 VND/300 bills.

3. Company establishment price in Viet My

If you want to establish a company quickly and comprehensively, Viet My will offer you two extremely attractive service packages. Viet My Company always provides quality company establishment services with the most reasonable costs. When using company establishment services in Viet My, customers can be completely assured about our quality, costs, time and incentives. If you are interested in Viet My’s comprehensive company establishment service, please refer to the company establishment service price list of the two service packages below.

3.1. Company establishment service details – Basic package only 1,500,000 VND

• The implementation time of Viet My company’s basic package is from 7 to 10 days
• Consulting on choosing company types for customers when using Viet My’s company establishment services
• Consulting on naming the company for customers
• Draft new company charter according to regulations
• Draft business registration documents according to regulations
• Prepare a company shareholder book
• Register for free license fees for customers when first establishing a company
• Gold copy business registration license
• Company round seal
• Issue beautiful MBBank bank account numbers to businesses
• Electronic invoice with 100 numbers

3.2. Company establishment service details – Popular package only 3,800,000 VND

• The implementation time of popular packages in Vietnam is only 5 to 7 days
• Consulting on choosing company types for customers when using Viet My’s company establishment services
• Consulting on naming the company for customers
• Draft new company charter according to regulations
• Draft business registration documents according to regulations
• Prepare a company shareholder book
• Register for free license fees for customers when first establishing a company
• Gold copy business registration license
• Give round stamps and title stamps
• Beautiful bank account numbers MBBank, Techcombank
• Digital signatures are valid for up to 36 months
• Electronic invoice with 500 numbers
• Give a company sign made of mica
• Regular legal support during the first 3 months of company establishment
• On behalf of the company, prepare initial documents for the tax authority
• Consulting on registration of trademark protection, exclusive trademarks right from the beginning for the company such as company name and brand product name
• Give tax management and accounting handbooks to the company when it is first established
• Help with tax declaration, company accounting, social insurance regime

4. Frequently asked questions about the price of establishing a company

4.1 What taxes must a company pay after its establishment?

License tax (according to registered charter capital); Value added tax (according to the balance of output and input); Corporate income tax (only payable when there is profit); Export and import tax (if the company has import and export activities); Resource tax (if the company uses resources); Special consumption tax (if doing business in special industries or restricted businesses).

4.2 How long does it take to file tax returns and issue electronic invoices?

The time for initial tax declaration, registration to use electronic invoices and notification of electronic invoice issuance is 15 – 20 working days from the date the company submits valid documents.

4.3 Are newly established companies exempt from license tax?

Pursuant to Decree 22/2020/ND-CP, from February 25, 2020, companies are exempt from license fees in the first year of establishment.

4.4 Should the company do it itself or use a company establishment service?

If you do not have experience in establishing a company, you should use a service instead of doing it yourself. When using the company establishment service, you will save maximum costs as well as travel time and effort. In addition, you also enjoy many other benefits such as: free consultation on legal issues upon establishment, free notarization of documents, on-site handover of results…

4.5 What information do you need to provide when using the company establishment service?

Identity card/Passport/citizen identification card or Copy of the above documents of: legal representative of the company, founding members/shareholders of the company. Initial preliminary information of the company such as company name, legal representative, head office address, personal business line, desired organization, expected charter capital,…

The detailed price list for establishing a company in Viet My in 2024 has been mentioned in detail above. Many customers and companies have appreciated the cost of establishing a company at Viet My for many years. If you are planning to establish a company, please contact VIET MY LAW AND ACCOUNTING for more detailed advice on establishing a company.