ESTABLISHING A BUSINESS AT CPA HCM

14:23:4031/10/2023

CPA HCM Audit & Advisory Company Limited not only provides services such as: Accounting and Auditing, we are also a business registration service provider.

CPA HCM Audit & Advisory Company Limited not only provides services such as: Accounting and Auditing, we are also a business registration service provider. We will accompany you in every step of establishing a company: From preparing documents, consulting on the from and establishment process, to carrying out legal procedures. With an experienced and specialized team, we are committed to bringing convenience, speed and quality assurance to you. CPA HCM will be a reliable companion of customers!!

In this article, CPA HCM will provide customers with basic knowledge such as:

  • What is a business establishment service?
  • Advantages and disadvantages of popular types of companies in Viet Nam
  • Working process - Receiving establishment documents of CPA HCM
  • Promotional program when using CPA HCM's services

I. WHAT IS A BUSINESS ESTABLISHMENT SERVICE?

Company establishment service is a service that provides advice and support to businesses and companies on the procedures, legalities and necessary requirements to establish a company. Thank to this service, businesses and companies can save time and effort in preparing for company establishment, while ensuring accuracy and compliance with relevant legal regulations. To business activities .

II. POPULAR TYPES OF BUSINESSE IN VIETNAM:

According to the Enterprise law 2020, there are 5 main types of businesses, including: joint stock companies, one-member limited liability companies, limited liability companies with two or more members, partnerships and joint ventures. private industry. Each type of business has its own advantage and disadvantages, suitable to the needs and capabilities of each organization or individual.

JOINT STOCK COMPANY

A joint stock company is a type of enterprise in which:

  • Charter capital is divided into equal parts called shares;
  • Shareholders are individuals or organizations that own shares;
  • Shareholders are only resposible for the company's debts to the extent of their contributed capital.
  • A joint stock company is a type of enterprise that has legal status, has business autonomy, has its own assets and is responsible for those assets. The joint stock company is eatablished and operates in acccordance with the provisions of the Enterprise Law 2020 and other relevant legal documents.

Characteristics of a joint stock company:

  • Charter capital is divided into equal parts called shares: Shares are the calue of ownership of a portion of the charter capital of a joint stock company. Shareholders can be individuals or organizations. Shareholders who own common shares have the right to vote, receive dividends and other rights according to the provisions of law and the company's charter. Shareholders who own dividend preference shares have the right to receive dividends at a more preferential level than shareholders who own common shares. Shareholders who own redeemable preferred shares have the right to receive their capital contributions back when the company dissolves or goes bankrupt.
  • Shareholders are only responsible for the company's debts within the amount of capital contributed: This is the most important characteristic of a joint stock company. Shareholders are only responsible for the company's debts to the extent of their contributed capital that is, shareholders are not responsible for all of their assets for the company's debts.

Advantages of joint stock companes;

  • Ability to mobilize large capital: Joint stock companies can mobilize capital from many different sources, including:
  • Moibilize capital from shareholders;
  • Mobilize capital from investors through issuing shares;
  • Mobilize capital from credit institutions.
  • Flexibility in management: joint stock companies have a flexible management structure, including:
  • The general meeting of shareholders is the company's highest authority;
  • The board of directors is the company's highest management body between general meetings of shareholders;
  • The supervisory board is the body that controls the activities of the board of directors and the director or general director
  • Transparency in operations: Joint stock companies are obliged to disclose information about the company's financial situation and business results to shareholders, investors and relevant parties.

Disadvantages of joint stock companies;

  • High establishment and operation cost: Establishment and operation costs of joint stock companies are often higher than other types of businesses.
  • Complex management structure: The management structure of a joint stock company is more complex than other types of businesses.
  • Low company stability: A joint stock company may be dominated by a number of large shareholders, leading to the stability of the company being affected.
    ONE MEMBER LIMITED LIABILITY COMPANY

    A single-member limited liability company is a type of business owned by an organization or individual (hereinafter referred to as the company owner). The company owner is responsible for the company's debt and other property obligations within the company's charter capital.

    Characteristics of a one-member limited liability company;

    • Company owner: The company owner is an individual or organization that has full authority to decide on the organization, management and operations of the company. Company owners can be Vietnamese or foreign individuals or organizstions
    • Authorized capital: The charter capital of a one-member limited liability company must be the amount of capital committed by the owner and recorded in the company's charter. The charter capital of a one-member LLC is divided into equal parts called shares 
    • Organizational structure: A single-member LLC can have one or more legal representative of a one-member limited liability company is an individual who has full civil capacity and represents the company in exercising the company's rights and obligations before the law

    Advantages of a one-member limited liability company;

    • Simplicity in establishment and management: A single-member LLC has only one owner, so procedures for establishing and managing the company are simpler than other types of businesses.
    • Flexibility in operations: The company owner has full authority to decide on the organization, management and operations of the company.
    • Stability in operation: A one-member LLC has no disputes between members, so the stability in the company's operations is higher than other types of businesses.
    Disadvantages of a one-member limited liability company;
    • Limited ability to mobilize capital: A single-member LLC has only one owner, so the company's ability to raise capital is more limited than other types of businesses.
    • Transparency in operations: A single-member LLC has only one owner, so the transparency in the company's operations is lower than other types of businesses.

      TWO MEMBERS LIMITED

      A teo-member limited liability company is a type of enterprise established and contributed capital by two or more members who are individuals or organizations. Company members are responsible for the debts and other property obligations of the company within the amount of capital contributed

      Characteristics of a two-member LLC;
      • Mumber of members: Two-member LLC has from 02 to 50 members
      • Membership: Members of a two-member LLC can be individuals or organizations. Members of a two-member LLC cannot be the owner of a sole proprietorship, a partnership, a one-member limited liability company or a member of a partnership
      • Authorized capital: The charter capital of a two-member limited liability company must be the amount of capital committed by the members and recorded in the company's charter. The charter capital of a two-member LLC is divided into equal parts called shares.
      • Organizational structure: A two-member limited liability company has an organzational structure including:
      • Council members: Is the company's highest decision-making body.
      • Director or general director: Is the person who runs the company's business operations
      Advantages of a two-member LLC
      • Ability to mobilize capital: A two-member LLC can mobilize capital from members and other investors through the issuance of bonds or shares.
      • Flexibility in management: A two-member LLC has a flexible management structure, suitable to the needs of its members.
      • Stability in operations: A two-member LLC has no disputes between members, so the stability in operations of the company is higher than other types of businesses.

      Disadvantages of a two-member limited liability company;

      • Establishment and operation costs are higher than that of a one-member LLC: A two-member LLC has more complicated procedures for establishment and operation than a one-member LLC, so The establishment and operation costs of a two-member limited liability company are higher.

        III.  WORKING PROCESS - RECEIVING DOCUMENTS FROM CPA HCM:

        Before getting to the implementation steps, CPA HCM will answer customers when establishing a business will need the following documents:

        1. Company charter, necessary information: Company name, address, business lines,...
        2. Application for business registration: This is an important document that businesses need to fill out in full according to Form Appendix I-2.
        3. Power of attorney for the applicant: The power of attorney for the applicant (if any) must clearly state the information of the legal representative.
        4. Other relevant documents: notarized copy of Passport/ID card

        Step 1: Receive information and advice

        CPA HCM will dedicatedly listen and understand your business goals and legal requirements, in order to give the best advice on the most suitable company type. We will guide you about the appropriate types of companies, along with a clear analysis of the advantages, disadvantages, rights and responsibilities of each type of company, helping you make the smartest decision.

        Step 2: Prepare documents and procedures for business establishment registration

        CPA HCM is committed to supporting clients in preparing documents and necessary documents to establish a company, including company name registration, investment license (in case necessary), and copies of public records. authenticate personal and other documents. We will be meticulous and detailed in the process of preparing documents, helping you avoid errors and ensuring documents are completed completely and accurately.

        Step 3: Submit documents and register to establish a company

        CPA HCM will represent customers to submit company registration documents at authorities such as the Department of Planning and Investment, Department of Finance or equivalent agencies. We will handle administrative procedures, document appraisal and licensing for customers. With our experience and reputation, we will ensure the application and processing process goes as smoothly and quickly as possible.

        Step 4: Complete procedures after establishing the company

        After customers successfully establish a company, we in Thuan Thien will assist in completing necessary procedures such as seal registration, opening a bank account, tax code registration and other procedures as required. bridge. We are committed to completing these procedures as accurately and quickly as possible. Once completed, we will deliver it directly to customers to use and continue their business operations.

        Step 5: Consulting and related support

        After using the company establishment service, customers will be provided with consulting and support services related to financial management, accounting, tax and other legal issues. These services will help ensure business operations are conducted smoothly and in compliance with regulations. We are committed to providing customers with the most optimal and professional solutions to help them achieve their business goals.

        IV. INCENTIVE PACKAGE FOR ESTABLISHING A BUSINESS AT CPA HCM:

        PACKAGE FOR ESTABLISHING A CPA BUSINESS IN HCM INCLUDES:

        • Establish business registration
        • Business seal
        • Register for digital signature
        • Issue electronic invoices

        SPECIAL FREE SERVICES:

        • FREE business establishment service
        • FREE initial tax declaration procedures
        • It's FREE to open a business account
        • FREE first quarter tax report
        • FREE accounting book preparation for the first quarter
        • FREE preparation of first year Financial Statements

        (Conditions: NO REVENUE AND SALARY COSTS)

        COSTS INCLUDED:

        • Authorization fee for CPA HCM to submit business registration documents and receive business license on your behalf
        • Stamp engraving fee
        • Fees for announcing business establishment at the National Information Portal
        • Consulting fees on industry, charter capital, type, company name...
        • Fee for preparing all business establishment documents
        • Fee for sending staff to meet customers to sign documents at home
        • Fee for sending staff to submit documents to the Department of Planning and Investment
        • Fee for sending staff to the Department of Planning and Investment to receive business license and seal
        • Fees for paying the license and stamp to the customer's home
        • Support BEST PRICE ever.

        CPA HCM is committed to being a reputable and trustworthy partner of many businesses over the past 15 years.

        • COMMITMENT – No additional fees
        • COMMITMENT – Free consultation from A – Z
        • COMMITMENT – Free delivery to your location
        • COMMITMENT – Put customer interests first
        • COMMITMENT – Free tax and accounting advice

        Using a comprehensive company establishment service is the solution for many individuals and organizations today. Comprehensive services reduce costs and prepare complete documents according to regulations. Thuan Thien Accounting is a professional, full-service joint stock company establishment service provider that will provide you with solutions:

        • Free consultation on regulations related to establishing a joint stock company: Conditions, legal capital, naming the company, related procedures...
        • Draft and prepare all documents and records according to regulations and submit to the Department of Planning & Investment. Complete the application according to the department's requirements, if there are any errors.
        • Customer representative submits application and receives business license.
        • Customers are handed over their home business license, upon request.
        • Fulfill the following requirements after receiving a business license according to regulations: Publish information on the national portal, post in newspapers, make signs, buy digital signatures as required, engrave round marks, register codes taxes, purchase invoices...
        • Providing accounting, financial reporting and tax services after the company is established.
        • Support in resolving legal issues and consulting during the company's operations.
        • Customers will be advised to understand the established procedures according to regulations, arising issues, especially naming and looking up other business names. Drafting documents and obtaining representative signatures will be done at home, bringing convenience and saving time for customers. Receiving documents at home will be done completely free of charge.

         ---------------------

        CPA HCM AUDIT & ADVISORY COMPANY LIMITED

        Website: https://cpahcm.com.vn/

        Hotline: 1900 0380

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