Will an unregistered business be penalized?

Currently, many people love business, are passionate about business, want to increase their income by business but at first they do not like to set up a business or a business because of fear of costs, fear of paying taxes, fear of failure. So do not want to register a business. However, if you are afraid of many things, you will never succeed. Without a start-up there would be no successful start-up. And when our main road operates under the law, we are fully qualified to sign contracts with partners and customers without fear of being doubted about our reputation by customers or fearless. State management agencies fine for violating the regulations.

According to Article 6, DECREE 124/2015 / ND-CP REGULATIONS ON SANCTIONING ADMINISTRATIVE VIOLATIONS IN TRADE, PRODUCTION, TRAFFICKING, PROHIBITED AND PROTECTION OF CONSUMER RIGHTS:
Acts of violation in business activities according to the Business Registration Certificate:
1. A fine of between VND 1,000,000 and 2,000,000 shall be imposed for acts of doing business at the wrong place or head office stated in the business registration certificate.
2. A fine of between VND 2,000,000 and 3,000,000 shall be imposed for acts of doing business in the form of business households without business household registration certificates as prescribed.
3. A fine of between VND 3,000,000 and 5,000,000 shall be imposed for doing business in the form of an enterprise without an enterprise registration certificate as prescribed.
4. A fine of between VND 5,000,000 and 10,000,000 shall be imposed for the act of continuing to do business while being suspended by a competent state management agency or with a business registration certificate revoked. joint.

Nowadays, applying for a license to set up a business or business is very simple, you only need to spend a very small amount of 1 to 2 million VND to get a business license. You just need to sit at the provider with information about company name, address, line of business, capital, ID card of director and capital contributor after 4 working days, you will receive the license, you do not need to do anything. Any application or do not have to file.
Contact TASCO Consulting Company for free 24/7 advice on regulations and procedures. TASCO specializes in providing business establishment services and prestigious professional tax accounting services in Ho Chi Minh City. Please contact Hotline 0975480868 or email: mylinh.tasco@gmail.com.