PROCEDURE FOR ESTABLISHMENT OF ONE MEMBER COMPANY LIMITED

Definition of a sole limited company:
1. One member limited liability company is an enterprise owned by an organization or individual (hereinafter referred to as the company owner); The company owner is responsible for the debts and other liabilities of the company to the extent of the company's charter capital.
2. A one-member limited liability company has the legal person status from the date of being granted the Enterprise Registration Certificate.
3. One member limited liability company is not allowed to issue shares.

Procedures for the establishment of a one-member limited liability company:

Step 1: Prepare information and papers to conduct procedures for the establishment of a one-member limited liability company

- Prepare company name, company address, legal representative, charter capital, business lines.
- For members who are individuals, it is necessary to prepare: 04 notarized copies of not more than 3 January in ID papers / Passport / Citizen card (ID card not more than 15 years, Passport not more than 10 years ).
- For members who are organizations that need to prepare: Establishment Decision / Business Registration Certificate / Business License, and ID card / Passport / Citizen card of the representative for the organization. (All documents need notarized copy for no more than 03 months).

Step 2: Prepare documents for the establishment of a one-member limited liability company:

An application for a one-member limited liability company includes:

+ Application form for the establishment of 1 Member LLC;
+ Charter of one member limited liability company;
+ And the papers prepared above such as (ID / passport / CCCD, Establishment decision / Business registration certificate / Business license);

Step 3: Submit the application for the establishment of a one-member limited liability company

Submit the drafted documents + ID / Passport / CCCD to the business registration office Department of Planning and Investment directly under the province / city.

Step 4: Receive business registration certificate as a result

After 3-5 days of filing the application, on the date of the appointment to return the result, the legal representative or authorized person will receive the results of the business registration certificate if the dossier is complete and accurate.

Step 5: Publish the content of new business registration on the national portal

After the application is valid and the enterprise is granted an enterprise registration certificate, the company needs to go through the procedure of publishing the enterprise registration content on the national registration portal. The content published includes the contents of the business registration certificate and information about the company's business lines.

Note: The time limit for the enterprise to publish the report on the national portal is within 30 days from the date of being granted the Enterprise Registration Certificate.

Step 6: Engrave the enterprise round seal + Announce the company seal sample on the business registration portal

The company proceeds to engrave the round seal at the establishment that is allowed to engrave the seal and then submits the notice on the use of the seal sample at the business registration office to post the seal sample on the business registration portal.

Step 7: Steps related to Tax, Bank after receiving the business registration certificate and the Seal

1. Open a bank account + Notify the account of the bank account to the business registration office

The company goes to the bank to open a bank account, after having the account number, it shall make a dossier to notify the account number to the business registration agency.

2. Buy digital signatures, electronic tax declaration

3. Register for electronic tax payment with the tax authority and the bank confirming electronic tax registration

The company uses digital signature to register electronic tax payment, after being accepted by the tax and confirmed by the bank to complete the electronic tax payment registration

4. Submit the license return and license tax online

5. Initial tax return at the local district tax office

After 03 working days from the date of receipt, if your application is valid you will be issued a Certificate of Business Registration.
During the application process, if your application contains errors or not in accordance with the regulations, the DPI specialist has the right to refuse and request the enterprise to rework or amend the application according to regulations.

To complete the procedures to establish a One Member LLC you can spend a lot of time and money because you do not have much experience in performing the above procedures.

So in order to save time and money, why don't you choose a service that can do the procedures for the establishment of One Member LLC on your behalf. TASCO Company - specializes in providing company establishment services, will take the steps of setting up a one-member limited liability company on your behalf. In addition, TASCO also provides free support for post-establishment consultation.

TASCO TAX ADVISORY CO., LTD specializes in providing reputable and affordable company establishment services.

Contact Hotline: 097 548 0868 for free consultation on records, procedures, regulations.

⇒ See also Entrepreneur Package