For small businesses with less than 10 employees and family businesses, establishing a business household will be very suitable. 

So what are the procedures and processes for establishing an individual business household? Let's find out with CPA HCM through the article below. 

WHAT IS A BUSINESS HOUSEHOLD ?

Individual business households are established by individuals and household members and are responsible for all assets for business activities. In case a family member registers a business, they authorize a member to act as the business representative. The individual who registers as a business household, or the person authorized by family members to act as the business household representative, is the business household owner..

RIGHTS AND OBLIGATIONS OF BUSINESS HOUSEHOLDERS AND HOUSEHOLD MEMBERS PARTICIPATING IN BUSINESS HOUSEHOLD REGISTRATION 

The business household owner shall carry out tax obligations, financial obligations and business activities of the business household in accordance with the provisions of law.

The business household owner represents the business household as a requester to resolve civil matters, plaintiff, defendant, person with related rights and obligations before the Arbitrator, Court and other rights and obligations. according to regulations of the Law.

The business household owner can hire others to manage and operate the business household's business activities. In this case, the business household owner and household members participating in household business registration are still responsible for debts and other property obligations arising from business activities.

The business household owner and household members participating in household business registration are responsible for the business activities of the business household.

Other rights and obligations as prescribed by law.

BUSINESS LINE OF BUSINESS HOUSEHOLDS 

When registering establishment or registering to change the content of business household registration, the business household must write the business line and profession on the Application for Business Household Registration and Notice of Change in Business Household Registration Content. The district business registration agency records information about business lines and professions on the Business Registration Certificate.

Business households are entitled to conduct business in conditional investment and business lines from the time they meet the conditions prescribed by law and must ensure that they meet those conditions throughout the operation process. State management of conditional investment and business sectors and occupations and inspection of compliance with business conditions by business households fall under the authority of specialized agencies according to specialized laws.

In case the district-level business registration agency receives a document from the competent authority regarding a business household conducting a conditional business investment but not meeting the conditions prescribed by law. , the district-level business registration agency issued a Notice requesting business households to temporarily suspend business in conditional business investment lines and at the same time notify competent state agencies for handling according to regulations. under the law.

DOCUMENTS FOR ESTABLISHING AN INDIVIDUAL BUSINESS HOUSEHOLD 

In order for the process of establishing an individual business household to go smoothly, customers need to prepare the following documents 

Application for business household registration. Contents of application for business household registration include:

- Name of business household, address of business location; Phone number, fax number, email (if any);

- Business;

- Amount of business capital;

- Number of employees;

- Copy of ID card of individuals participating in the business household or household representative 

- Minutes of individual group meetings on the establishment of a business household in case the business household is established by a group of individuals.

- The house rental or loan contract between the homeowner and the business owner must be signed directly, without going through an intermediary, and the Land Use Rights Certificate must be a certified copy..

- 02 notarized copies of ID card/CCCD of the household head and household members contributing capital to establish the household business (if any).

- Degree certificates for conditional occupations (notarized copies).

PROCEDURES FOR ESTABLISHING AN INDIVIDUAL BUSINESS HOUSEHOLD

Establishing an individual business household is quite easy and quick. Establishment process and procedures with basic steps as follows:

Step 1: Individuals, groups of individuals or household representatives submit business household registration documents to the district business registration agency where the business location is located.

Step 2: The district business registration agency shall issue a Receipt and issue a Business Household Registration Certificate to the business household within 03 working days from the date of receipt of the dossier, if the following conditions are met:

• Business lines and trades are not on the list of banned business lines and trades;
• Name of business household intended to register in accordance with the provisions of Article 88 of Decree 01/2021 on business registration;
• Pay the registration fee in full as prescribed.

In case the dossier is invalid, within 03 working days from the date of receipt of the dossier, the district business registration agency must clearly notify the founder of the content that needs to be amended and supplemented in writing. household business.

CONSULTING SERVICES FOR ESTABLISHING INDIVIDUAL BUSINESS HOUSEHOLDS OF CPA HCM

For many years, CPA HCM has been trusted by many customers to use the service of establishing an individual business household by a team of experienced experts. CPA HCM work in the customer support process includes:

- Consulting on conditions and procedures for establishing individual business households for customers;

- Drafting documents to establish an individual business household;

- Representing customers to carry out procedures for establishing individual business households at competent state agencies;

- Consulting on issues that arise during the operation of household businesses;

- Support and advise on trademark registration issues, tax issues, and related licenses in the activities of individual business households.

Customers who need advice on establishing an individual business household can contact Hotline 1900 0380 for support.