ALL CONDITIONS SHALL BE NECESSARY TO ESTABLISH ENTERPRISE IN VIETNAM
Image source: exactdrive.com
To meet the needs of establishing business in international economic integration as
today, I want to share with readers
about all conditions necessary to establish
the enterprise:
Firstly,
about conditions of entity establishing
business: According to regulations, organizations and individuals have the
right to establish and manage enterprises in Vietnam as prescribed, unless
otherwise specified in Clause 2, Article 18 of the
Law on Enterprises 2014.
Secondly,
about the choice of
business sector: The owner may operate in the industries
and sectors that are not prohibited by law. For these business sector subjecting to conditions,
enterprises must meet
the conditions stipulated by the
Law on Enterprises and relevant laws.
Thirdly, the conditions of enterprise’s charter capital and legal capital: Charter capital can be understood as capital contributed or
pledged by members or shareholders to contribute capital and recorded in the
company's charter. And
the legal capital is the minimum capital required for the establishment of the
company due to legal regulations for each business sector. Members must contribute capital to the
company as right amount
and type of assets as they within
90 days from the date of issuance of business registration certificate.
Fourthly,
the conditions of business name: When employers conduct business name, they
must ensure that it includes two
factors: the type of
business (sole prietorship,
Limited liability company,
Joint stock company or partnership) and the name of enterprise. At the same
time, the business name
must not violate the prohibitions specified in Article 39 of the Law
on Enterprises 2014. Also, business owners also need to be aware of the
business name in foreign language and abbreviation of the enterprise in Article
40 Law on Enterprise in 2014.
Finally,
the conditions of enterprise’s
seal: According to Article 44 of Law
on Enterprise 2014,
the enterprise has the right to decide on the form, amount and content of the
corporate seal, and the State only
support role in the recording and posting
on on the National Business Registration Portal., which helps enterprises solve relevant
disputes.
Comments
Post a Comment