PROCEDURES FOR BUSINESS REGISTRATION

Jan 25, 2022

PROCEDURES FOR BUSINESS REGISTRATION
I. Execution time
 According to the Enterprise Law 2014, the time to issue an investment certificate is 3 working days from the date of receipt of the application

II. Procedures for applying for a business registration certificate
 (1) For a private enterprise, a registration dossier includes:
- Application for business registration.
- A copy of the individual's legal papers for the owner of a private business.

(2) For a partnership, a registration dossier includes:
- Application for business registration.
- Company rules.
- Members list.
- Copy of personal legal papers for members.
- A copy of the Investment Registration Certificate for foreign investors in accordance with the Law on Investment.

(3) For a limited liability company, the registration dossier includes:
- Application for business registration.
- Company rules.
- Members list.
- Copies of the following documents:
+ Legal papers of individuals, for members being individuals or legal representatives;
+ Legal documents of the organization for members being an organization and the document appointing an authorized representative; legal papers of individuals for authorized representatives of members being organizations.
For members being foreign organizations, copies of legal papers of the organization must be consularly legalized;
+ Certificate of investment registration for foreign investors in accordance with the Law on Investment.

(4) For a joint-stock company, the registration dossier includes:
- Application for business registration.
- Company rules.
- List of founding shareholders; List of shareholders who are foreign investors.
- Copies of the following documents:
+ Legal papers of individuals for founding shareholders and shareholders being foreign investors who are individuals or legal representatives;
+ Legal documents of the organization for shareholders being an organization and the document appointing an authorized representative; legal papers of individuals for authorized representatives of founding shareholders and shareholders being foreign investors as organizations.
For shareholders being foreign organizations, copies of legal papers of the organization must be consularly legalized;
+ Certificate of investment registration for foreign investors in accordance with the Law on Investment.
 

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