Legal Consultancy on Business Establishment

The establishment of a business is a crucial first step in realizing a business idea and serves as the foundation for the future development of the enterprise. However, this process is not always straightforward, as business owners are required to comply with a series of legal regulations, administrative procedures, and other legal requirements to ensure the business is established legally.

BNSG Law offers legal consultancy services for business establishments, helping investors avoid unnecessary mistakes and ensuring smooth business operations. Our services include:

1. Consultancy on Choosing the Appropriate Business Structure

Before proceeding with the establishment process, selecting the right type of business is crucial. The common business structures in Vietnam include: One-member Limited Liability Company (LLC) (with a single owner), Multi-member Limited Liability Company (LLC) (with two or more founding members), Joint Stock Company, Partnership, Sole Proprietorship, and Cooperative. Each business structure has its own advantages and disadvantages, and BNSG Law will advise on the most suitable model based on the goals and scale of the business.

2. Business Name Registration

Choosing and registering a business name is one of the first and most important steps. The business name must be distinctive and should not be identical or confusingly similar to other registered business names. BNSG Law will assist in checking the availability of the business name and handling the registration process with the relevant authorities.

3. Drafting the Company’s Charter

The company’s charter is an important document that outlines the principles and operations of the business, as well as the rights and obligations of shareholders or members. BNSG Law will assist in drafting the company’s charter to the legal requirements and the specific needs of the business.

4. Business Registration and Obtaining the Business Registration Certificate

BNSG Law will support you in drafting and completing the necessary documents, as well as applying to the appropriate authorities.

5. Tax Registration and Related Tax Procedures

Every business in Vietnam is required to obtain a Tax Identification Number (TIN) to fulfill its tax obligations to the government. After completing the business registration process, BNSG Law will continue to register the tax number, file initial tax declarations, and carry out related tax procedures to ensure full compliance with tax obligations.

6. Opening a Bank Account and Paying Capital Contribution

One of the requirements for a business to operate legally is to open a bank account and deposit the initial capital into that account. Depending on the type of business, the company will need to follow procedures to transfer the capital into the business’s bank account.

7. Other Legal Procedures

• Registering the company’s seal.
• Reporting to the social insurance authority.
• Obtaining necessary licenses (if applicable).

8. Post-Establishment Legal Consultancy

Once the business is officially operational, any legal issues that arise during business must be addressed promptly and efficiently. BNSG Law commits to being your partner throughout the entire process, providing legal advice on labor issues, tax matters, intellectual property, contracts, disputes, and other related issues.

BNSG Law is dedicated to providing professional and diligent legal consultancy services for businesses. We will accompany your enterprise from the moment of establishment throughout its operations, helping you overcome legal challenges and fostering sustainable growth. Let us help you build a solid legal foundation for your business!