Determine the type of LLC
To limit tax-related issues or problems that force you to convert your business type, you need to determine the type of business before establishing it.
Based on the registered capital and number of members contributing capital, LLCs are divided into:
- One-member LLC: Owned by 1 individual with 100% of his/her capital.
- Limited liability company with two or more members: The minimum number of capital contributing members is 2 and the maximum is 50 people.
Note: In case the enterprise has 3 or more members, depending on the business purpose, you can consider choosing between the type of LLC with 2 or more members or a joint stock company. If you have not determined the appropriate type of enterprise, please contact fdiinvietnam.com for free consultation or see the information in the article below.
See more: Advantages and disadvantages of business types.
Total cost of establishing a limited liability company at fdiinvietnam.com
Total package cost: 1,000,000 VND . Including:
State fee: 750,000 VND
- 200,000 VND authorization fee to submit documents at the Department of Planning and Investment;
- 450,000 VND for round seal engraving fee;
- 100,000 VND fee for publishing the announcement of establishment of a limited liability company.
Service fee at fdiinvietnam.com: 250,000 VND
(*) Service fee applies to both single-member LLCs and LLCs with two or more members.
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What are the 3 information you need to prepare when establishing a limited liability company?
fdiinvietnam.com will complete all the documents and registration forms for you. You only need to provide fdiinvietnam.com with 3 pieces of information:
- Expected company information: name, address, industry;
- Notarized copy of ID card/CCCD/passport of owner/capital contributor and legal representative;
- Company charter capital and capital contribution ratio of each member (if it is a limited liability company with 2 or more members).
(*) Free support for copying and certifying ID card/CCCD/passport if you do not have one.
(*) You just need to provide the desired business line. fdiinvietnam.com will advise and register the detailed and complete industry code for you.
Time to complete the procedure for establishing a limited liability company
After receiving the above 3 information, fdiinvietnam.com will proceed:
- Complete the application, have it signed and submit it to the Department of Planning and Investment;
- Within just 3 days, the Department of Planning and Investment will review and issue a business license.
- fdiinvietnam.com will quickly deliver the business license and seal to you.
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What are the 8 things fdiinvietnam.com will do for you when establishing a limited liability company?
With a service fee of 250,000 VND, fdiinvietnam.com will help you complete the complicated legal procedures, which if you do not have experience, will take you a lot of time to research, prepare, draft and submit documents, including:
What are you required to do after receiving your business license?
To avoid administrative penalties or affecting your business operations, after receiving your business registration certificate and announcing your company’s seal sample, you need to immediately do the following 5 things:
1. Prepare and submit initial tax declaration: Ho Chi Minh City – 500,000 VND, Hanoi – 1,000,000 VND.
Free 500,000 VND when using accounting services of fdiinvietnam.com.
2. Buy digital signature (token) to declare initial tax, submit tax reports, declare and pay social insurance…
Refer to Viettel network’s digital signature from 900,000 VND.
3. Register to open a bank account.
Currently, fdiinvietnam.com has cooperated with major banks to support opening free business accounts at home such as: Vietcombank, Vietinbank, UOB…
4. Make company signboard – Cost: 200,000 VND/signboard (size 20cm x 30cm).
5. Purchase and process invoice issuance notification
fdiinvietnam.com will support consulting on appropriate forms and types of invoices. At the same time, support introducing and linking reputable electronic invoice providers with reasonable costs for businesses.
Frequently asked questions when establishing a limited liability company
What is the total cost of establishing a limited liability company at fdiinvietnam.com?
The total cost of establishing a limited liability company at fdiinvietnam.com is 1,000,000 VND, including:
State fee is 750,000 VND; Service fee for fdiinvietnam.com to complete all documents, procedures, hand over business registration certificate and seal on your behalf is 250,000 VND. fdiinvietnam.com commits to not incur any additional costs.
What will fdiinvietnam.com do with the cost of 250,000 VND?
fdiinvietnam.com will prepare and draft all documents for you in accordance with state regulations; Sign documents at home (you do not need to go to fdiinvietnam.com office); Travel to submit documents at the Department of Planning and Investment for you; Wait and deliver the business registration certificate and seal at home.
At the same time, support free consultation on related issues: name (is it duplicated/in violation of regulations); address (is it legal to use); industry (is it suitable for the industry code system); charter capital (is it suitable for the scale/purpose of business); publish the announcement of company establishment.
What must be provided when establishing a limited liability company at fdiinvietnam.com?
When using the establishment service at fdiinvietnam.com, you only need to provide information about the proposed company such as name, address, industry; charter capital and capital contribution ratio of members; ID card/CCCD/passport of the owner and capital contributing members.
How many days does it take for fdiinvietnam.com to complete the registration process?
Within 4-5 days, you will receive your business registration certificate and seal at home without having to go directly to the fdiinvietnam.com office.
If a company has 3 or more members, what type should it be established?
If the business has 3 or more members, consider choosing between a limited liability company with two or more members or a joint stock company. Please contact fdiinvietnam.com if you still have not made a suitable choice and need consulting support at 0978 578 866 (North) , 033 9962 333 (Central) or 033 9962 333 (South) .
You can refer to related articles on conditions for establishing a limited liability company, here.
Call us at 0978 578 866 (North) , 033 9962 333 (Central) or 033 9962 333 (South) for support.