Consulting domestic services
Comprehensive company establishment service in Hue from A - Z

Company establishment service in Hue are currently very popular because Hue is a place with many policies and measures to rapidly develop commercial industries and the comfort of the vast coastal landscape has attracted many investors. investors, large and small businesses in trade and production. In order to support startups that are still unfamiliar with the regulations, Viet My provided a package company establishment service at a preferential cost to help people set up companies more easily.

1. What conditions do you need to establish a company in Hue?

  • Private investors/founders must be 18 years of age or older, have full legal capacity and are not prohibited from establishing and managing companies (under the Law on Personnel and Joint Stock Companies), officials, civil servants, etc.
  • Capital contributors/founding members who are individuals and corporations are not prohibited from doing business or operating in certain fields pursuant to the provisions of the Criminal Code 2015.
  • The company headquarters may not be apartment houses or collective houses unless it is proven that the purpose of use under the building plan is an office house used for business.
  • Established capital, Legal capital depends on the business sector and the provisions of specific laws.

2. Process for establishing a company in Hue in 2024

2.1 What are the dossiers of company establishment in Hue?

  • Proposals for company registration in the form specified in Appendix I-4 Circular No. 02/2019/TT-BPI;
  • Company charter (except for private companies); List of foreign founders and investors.
  • List of authorized representatives of foreign shareholders who are organizations (for joint stock companies);
  • List of sample members in Appendix I-6 Circular No. 02/2019/TT-PMPI for limited liability companies, joint stock companies with two or more members, and list of sample members in Annex II. Annex I-9 Circular No. 02/2019/TT-PMI on partnerships;
  • A valid copy of one of the identity documents of the company owner as stipulated in Article 10 of Decree No. 78/2015/ND-CP. A letter of authorization for a representative to complete the procedures for registration of establishment of a company (if any).

2.2 Procedures for establishing a company in Hue

a. Send business registration file via e-mail

In fact, many places still receive paper files directly.

However, in our opinion, this is time-consuming and difficult to check and evaluate.

Therefore, mistakes and confusion can occur, causing problems in the company’s registration results.

Sending documents through the National Enterprise Registration Portal is necessary for the convenience of reading documents, so that experts can receive accurate notifications for operational operators.

b. You will get company registration results online

  • After 3 working days, the Department of Planning and Investment of Thua Thien Hue will have an answer notice about the announcement of registration of the enterprise.
  • If the application is valid, the business registrar will send a valid notification email
  • In case of incomplete documents requiring modification and supplementation, the Registration Department will ask the enterprise to add additional information and detailed instructions on how to fill out the enterprise registration documents.

c. Submit applications and return results directly to the company

  • If the file is valid, you send the file as originally sent at the Business Registration Department (Address: No. 7 Ton Duc Thang, Phu Nhuan, Hue City, Thua Thien Hue).
  • At this time, the receiving specialist approves the paper version and appoints the date of the company’s registration results to be returned to the receipt.
  • Then go to the business session you bring the receipt and receive the result, the result is the business registration certificate.
  • At this point, the main procedure is completed. However, companies have to engrave seals and re-register the test stamp to be completed. In addition, companies make tokens, register bank accounts, purchase digital signatures, and invoices to facilitate transactions.

2.3 Time limit for registering a company in Hue

Normally, the time to establish a company is 3-5 days to apply for a company establishment license or Vietnamese company registration license from the Ministry of Planning and Investment. Thus, the time to establish a domestic company is about 3-5 days.

In the case of establishing a company with foreign elements, the time to apply for an investment registration license is 15-30 days, the time to apply for a business registration license is 3-5 days. The total time to open a company with foreign elements takes about 18-30 days.

There is also time to apply for a business registration license from the Department of Planning and Investment. Companies should note that they need more time to prepare corporate information, documents, procedures and related documents. Therefore, the time needed to establish a company depends partly on the preparation and implementation process of the business.

3. Cost of establishing a company in Hue

When applying to the Department of Planning and Investment, customers also have to pay legal support fees

  • Sending the company registration file to the company registration office: 100,000 VND.
  • Company registration fee: VND 300,000

In addition to the expenses mentioned above, the company must pay a number of other expenses, such as:

  • Round carving price: 450,000 VND
  • Signature fee: VND200,000
  • Purchase price of 1-year subscription package (Token): 1,530,000 VND
  • The cost of sending a bank account is usually: VND 1,000,000.

4. Why should you use Viet My’s company establishment service in Hue?

Why should you use Viet My's company establishment service in Hue
Why should you use Viet My’s company establishment service in Hue

We provide company establishment services in all districts, towns and cities in Thua Thien Hue province.

4.1 What do customers provide when using Viet My’s services?

Customers using Viet My’s company establishment service in Hue only need to submit the following 2 types of documents:

  • Identification documents of the owner of the domestic tourism business: ID card/passport/certified copy of ID card not older than 6 months and still valid for the legal representative and capital contributors.
  • Documents related to the company preparing to establish:
  • List of capital investments (for limited liability companies with 2 or more members) list of shareholders (for limited liability companies) list of partners (for commercial companies);
  • Copy of identity card (for capital contributors), copy of company registration or establishment decision (for institutional capital contributors);
  • Company authorization or service contract on the basis of which the agent delivers documents;

4.2 Company registration process in Hue of Viet My

  • Advice on legislation relating to company formation (Companies Act 2014) including but not limited to: industry, business (including regulated businesses) provisions such as health, education, minerals, land, etc. , Company location, tax policy, workforce, insurance, wages, salaries…
  • Comprehensive consulting for customers to choose the most suitable and lowest-risk business type, for example: Joint Stock Company, 1-member Joint Stock Company, Joint Stock Company with at least 2 or more members, Partnership, LLC.
  • Consulting on organizational structure and drafting administrative documents: organizational regulations, financial management regulations…
  • Offering over the phone so customers can easily decide whether to work with us or not;
  • Sign the contract and complete the documents within 3 days, if the customer provides us with all the necessary documents;
  • Customers submit documents including business registration license and medical certificate;
  • Receive the company registration certificate and hand it over to the customer;
  • Free consultation support for problems after certification.

In addition, Viet My’s customer support is not only limited to customers with business registration certificates but also advises and supports “newly established companies” in completing required tasks. Tasks required by law after registration, such as tax returns, invoices, signing (digital signature) and social security, employee issues, etc.

It can be said that Viet My is a reputable unit that supports companies in all regions of the country to overcome difficulties. Readers can refer to our company establishment service in District 3!

5. Frequently asked questions related to company establishment services in Hue

5.1 How long is the time needed to complete the company establishment process in Hue?

The time required to complete the company establishment process in Hue depends on many factors, including the type of company, project scale, document preparation, and processing speed of the authorities. . Typically, this process can take 2 to 4 weeks.

5.2 Is it necessary to hire a lawyer or legal consulting service when establishing a company in Hue?

Hiring a lawyer or legal consulting service when establishing a company in Hue is not required but is worth considering. Legal consulting services can help you better understand the processes, conditions and legal requirements related to establishing a company. They provide information, guidance and support in preparing and submitting applications, helping you ensure compliance with legal regulations.

5.3 What is the deadline for submitting annual financial reports?

Even if a domestic travel enterprise does not conduct business activities, it still must prepare and submit a financial report for the year of operation. The latest deadline for submitting the previous year’s financial statements is March 30 of the following year.

5.4 Is it necessary to prove capital contribution after establishing the company?

Proving the capital contributions of members of the company is absolutely necessary. Capital contributing members or shareholders of the company will have to hold documents to prove that they have contributed capital to the company. As well as taking it as a basis for dividing profits later.

5.5 How many industry codes are allowed for businesses to choose as their main business lines?

Enterprises can only choose one industry code to be the main industry code.

Above is a detailed sharing of company establishment service in Hue from LUAT VA KE TOAN VIET MY. It can be seen that the time to establish a company depends on the company’s capital investors. If the capital comes from foreign members and shareholders, the time to establish the company will be longer than usual. Hopefully this article will help enterprises understand the regulations so that they can proactively prepare documents and procedures for starting up the business as quickly as possible and if necessary, contact LUAT VA KE TOAN VIET MY to use our company’s establishment services!

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Nguyen Thanh Phuc

Mr. Nguyen Thanh Phuc has more than 15 years of experience in business administration, consulting, legal support, tax and strategic consulting. Mr. Nguyen Thanh Phuc is a leading expert in the field of Law and Accounting in Vietnam, founder of the Viet My Law and Accounting brand, which has successfully franchised more than 30 branches nationwide. Viet My is the only Vietnamese brand reputable enough to franchise and succeed in the fields of Law and Accounting.