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Where to register a business license? At which agency?
Where to register a business license according to regulations in 2024?

Where to register a business license is a question that everyone is interested in when doing this issue? A business license is a document that allows individuals and organizations to conduct business when they meet the conditions for business registration according to the provisions of law. Thus, before participating in business activities, individuals and organizations must register for a business license. With different business models, the agencies that receive documents and issue business licenses are also different.

1. Procedures for registering a business license in 2024

A business license is legal evidence proving the right to operate of a business organization, demonstrating the authorization and recognition of the state for the establishment and operation of the enterprise. From there, the state can strictly manage business activities and promote economic development.

In some conditional business fields such as education, health, finance, etc., the business license of a business organization is used as a passport, a certificate of eligibility. to participate in industry activities to protect the rights of consumers as well as related parties.

A business license is a legal document issued by a competent management agency (usually a business registration agency or planning and investment department) to allow a business to operate in a specific industry or with a certain type of business.

1.1 Registering a business license for a company with capital contributed by Vietnamese individuals and organizations

The company registration dossier includes the following documents:

  • 1 copy of the business registration application;
  • Company charter;
  • List of members or list of founding shareholders and list of shareholders
  • Citizen identification card of the legal representative/owner/member/founding shareholder;
  • Authorization document;
  • Documents proving the place of residence: In case of registering a building, during the procedure, the company must present documents proving that the company’s registered office address is not an “apartment”.

How to do it:

The business founder or authorized person must register the business with the Business Registration Authority through the following methods:

  • Submit the application directly to the Business Registration Authority;
  • Submit by post;
  • Submit online via the website.

Processing time:

Within 3 working days, the Business Registration Office will review the validity of the business registration dossier and issue a business registration certificate; In case the dossier is invalid, the Business Registration Office must notify the business founder of the contents that need to be changed or supplemented in writing. In case of refusal to register the company, it must notify the business founder in writing and state the reason.

1.2 Registering a business license for a company with capital contributed by foreign individuals and organizations

The procedure for establishing a company with foreign investment capital with capital contributed by foreign investors is carried out in the following steps:

Step 1: Apply for an investment registration certificate

The management board of export processing zones, high-tech zones, and economic zones shall issue, adjust, and revoke investment registration certificates for the following investment projects:

  • Investment projects in construction and business of infrastructure in industrial parks, export processing zones, high-tech zones, and functional areas in economic zones;
  • Investment projects implemented in industrial parks, export processing zones, high-tech zones, and economic zones.
  • The Department of Planning and Investment shall issue investment registration certificates for investment projects outside industrial parks, export processing zones, high-tech zones, and economic zones.

The Department of Planning where the investor implements the investment project, locates or plans to establish an Executive Office to implement the investment project, issues, adjusts, and revokes the Investment Registration Certificate for the project.

  • Investment projects implemented in 02 or more provincial-level administrative units;
  • Investment projects implemented inside and outside industrial parks, export processing zones, high-tech parks, and economic zones;
  • Investment projects in industrial parks, export processing zones, high-tech parks, and economic zones whose Management Boards of industrial parks, export processing zones, high-tech parks, and economic zones have not been established or are not under the direction of the Management Boards of industrial parks, parks, export processing zones, high-tech parks, and economic zones.

The application for an Investment Registration Certificate includes the following documents:

  • Application letter
  • Documents proving the legal status of the investor;
  • Documents verifying the financial capacity of the investor
  • Investment project proposal;

In case the construction law stipulates the preparation of a Feasibility Study Report, the investor may submit a Feasibility Study Report instead of an investment project proposal;

  • A copy of the land use right certificate or any other document identifying the right to use the location for investment implementation in case the investment project does not require the State to allocate land, lease land or permit relocation of the purpose location.
  • Explanation of the technology used and applied in the investment project for projects subject to technology appraisal and consultancy according to the provisions of the Law on Technology Transfer;
  • BCC Contract
  • Other documents related to investment projects, requirements related to the conditions and capacity of the investor according to the provisions of law (if any).

Step 2: Apply for a Business Registration Certificate

Submit an application for business establishment

If you want to apply for a Business Registration Certificate, you must submit an application for a Business License to the Business Registration Office of the Department of Planning and Investment of the province/city where you want to establish your business. The time limit for registering a Business Registration Certificate is 3 working days;

Processing time: Within 3 working days from the date of receiving the application, the Business Registration Office will review the business registration application and issue a business registration certificate to determine whether it is valid or not; if the application is invalid, the Business Registration Office must notify the business founder of the contents that need to be changed or supplemented in writing. In case of refusal to register the company, the business founder must be notified in writing and clearly state the reasons.

2. Where to register a business license according to regulations?

Where to register a business license is something that businesses need to pay attention to. If you want to apply for a Business Establishment License, you must submit an application for a Business License to the Business Registration Office of the Department of Planning and Investment of the province/city where you want to establish a business. The time limit for registering a business registration certificate is 3 working days;

Where to register a business license according to regulations?
Where to register a business license according to regulations?

3. How much does it cost to apply for a business license?

The cost of applying for a business license may vary depending on the location and type of business. Below are some factors that are often considered when calculating the cost:

The fee for registering a business with the Department of Planning and Investment is VND 100,000;

The fee for registering a business with the Department of Planning and Investment is VND 100,000;

The fee for registering a business establishment declaration on the National Business Registration Portal is 300,000 VND;

The cost of carving a round seal for the company is 450,000 VND (customers can contact the seal shop themselves. According to current company law, a company is allowed to own multiple seals for convenient use in many places);

The cost of pasting a company sign is 200,000 VND;

The fee for purchasing a digital signature (Token) for a 1-year package is 1,530,000 VND.

In addition, there are other packages such as a 2-year package, a 3-year package, depending on the needs of the business, choose the appropriate digital signature package (See more information about the price list of electronic signature services);

The normal deposit fee into a bank account is 1,000,000 VND (this cost is the responsibility of the business but the bank requires that the business account be maintained.

If the account is closed later, this amount will be refunded to the customer);

E-invoice usage fee: If the business chooses to use e-invoices to reduce upfront costs and to comply with current trends, the price will depend on each e-invoice package.

4. Professional and reputable business license application service

You do not have time to do this job, you need to focus on your business, but do not fully understand the complicated legal procedures, if not professional, you will not complete it correctly and completely according to the regulations set by the company. law. To avoid legal and tax troubles and avoid unnecessary heavy fines later if you skip one of the above procedures.

The business license application service at Viet My not only has reasonable costs, quick file completion, but also has 6 distinct advantages that not all service providers have.

6 advantages of the service of applying for a Certificate of Business Registration of Viet My Accounting:

  • Commit to a full package fee and no additional fees;
  • Receive information and complete the file within 120 minutes;
  • Use free home service throughout the process;
  • Commitment to deliver on time (after being granted a business license by the Department of Planning and Investment);
  • Free consultation on legal issues before establishment such as type of establishment, business code, registered capital, conditions for applying for a business license, etc. for each customer;
  • Free consultation on tax issues, to optimize the amount of tax payable while still ensuring compliance with regulations.

Above is the answer to the question “Where to register a business license?”. This is a question that many customers often call Viet My for advice and answers. If you have a need to establish a business or establish a sole proprietorship, please contact VIET MY LAW AND ACCOUNTING for guidance and service provision. With more than 10 years of experience in consulting on business licenses in Vietnam, we are committed to providing quality, professional advice, meeting all customer needs.

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Author

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.

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