Private enterprises are a popular startup model for individuals who want full control over their business operations. With significant changes to legal regulations in 2025, understanding the process and choosing a reputable consulting firm is crucial for a stable business operation. By using a reputable private enterprise establishment service, you not only save time but also minimize future legal risks.
Understanding private enterprises correctly according to the latest regulations.
According to the provisions of the 2020 Enterprise Law and the latest guidelines applicable to 2025, a private enterprise is a business owned by a single individual who is solely responsible for all business activities with their entire personal assets. The most significant characteristic of this type of business is that it lacks legal personality, and the owner has unlimited liability for debts.
Below are the core legal aspects that investors need to be aware of before registering for private enterprise establishment services:
- Each individual is only allowed to establish one private enterprise to ensure their ability to assume personal financial responsibility.
- To avoid conflicts of interest and liability, private business owners cannot simultaneously be owners of household businesses or partners in partnerships.
- Private enterprises are not permitted to issue any type of securities on the capital market.
Why should you use a full-service private enterprise registration service?
Instead of handling complex administrative procedures at government agencies themselves, many business owners prefer to choose professional private enterprise registration services to ensure accuracy. This allows individuals to focus entirely on their core business plan.
The benefits of clients trusting a consulting firm include:
- Minimize travel time and document submission time at the Department of Planning and Investment, reducing the burden of administrative procedures.
- We provide in-depth consultation on how to choose a unique business name that adheres to linguistic and feng shui principles, tailored to the client's requirements.
- Ensure your documents are accurate from the start to avoid them being returned or requiring multiple revisions due to technical errors.
- We provide comprehensive support for post-establishment procedures such as seal engraving, digital signatures, and initial tax filing, helping businesses start operating immediately.
What documents are needed to establish a private enterprise in 2026?
According to current regulations and guidelines in Decree 168/2025/ND-CP (Draft amendments and supplements on business registration), a complete set of documents is the most important prerequisite. An incomplete set of documents will unnecessarily prolong the process.
To prepare for the private business registration service, you need to prepare the following documents:
- Application form for registration of a private enterprise, as prescribed by the Ministry of Planning and Investment.
- A certified copy of the business owner's personal identification document, including a chip-based citizen identification card or a valid passport.
- If authorization is given to a service provider, a written authorization and personal identification documents of the person performing the procedure on behalf of the owner are required.
- Commitment to achieving social and environmental goals if the business registers under a specific form such as a social enterprise.
Professional private enterprise establishment service implementation process
A standardized process helps clients clearly understand the steps needed to obtain a business license quickly. Typically, this process is optimized to minimize waiting times.
The steps involved in our private enterprise establishment service package are as follows:
- Step 1: Receive information and provide advice on issues related to the name, registered address, and business lines that comply with the Vietnamese economic sector codes.
- Step 2: Prepare the business registration application documents according to the prescribed form, ensuring that the terms protect the rights of the owner.
- Step 3: The client's representative submits the application online through the National Business Registration Portal and closely monitors the processing status.
- Step 4: Monitor the processing progress of the application, usually within 3 working days as stipulated in Article 34 of the 2020 Enterprise Law.
- Step 5: Receive the Business Registration Certificate and deliver it to the customer along with the company seal.
Total cost of establishing a private enterprise in 2025
The service fees for establishing a private enterprise are typically divided into different segments based on the level of support the owner desires. We are always committed to financial transparency to give our clients complete peace of mind.
Below is a detailed price list of cost items that you can refer to in order to prepare a suitable budget:
| Cost category | Estimated fee (VND) | Note |
|---|---|---|
| Business registration fees | 50.000 | Submitted in accordance with Circular 47/2019/TT-BTC |
| Registration content publication fee | 100.000 | Mandatory submission via the National Portal |
| Company round seal engraving | 250,000 – 450,000 | Depending on whether it's a regular handle stamp or a Flash stamp. |
| Digital signature (1 year) | 1,200,000 – 1,800,000 | Necessary for filing taxes and conducting electronic transactions. |
| Comprehensive consulting service fee | 1,000,000 – 2,500,000 | This includes preparing documents and delivering results. |
Note: The above service fees for establishing a private enterprise may vary depending on the business location and any additional requirements regarding conditional business sectors. Please contact us directly to receive the most accurate quote at the current time.
Important notes after receiving a business license.
Obtaining a business license is just the beginning of the business journey. To avoid administrative penalties for procedural delays, business owners need to pay attention to their legal obligations immediately after completing the private enterprise establishment service.
Specifically, the immediate tasks include:
- Display a sign at the company's head office in accordance with advertising and business registration regulations.
- Purchase a digital signature (Token) to file tax returns electronically, submit periodic reports, and conduct social insurance transactions.
- Open a company bank account and notify the tax authorities of the account number.
- Register for the use of electronic invoices and complete the initial tax declaration procedures at the regional tax office.
- Pay the business license fee according to current regulations, noting that businesses are usually exempt from the business license fee in the first year of establishment according to Decree 22/2020/ND-CP.
Criteria for selecting a reputable service provider.
To protect your rights and ensure legal sustainability, choosing a professional private enterprise establishment service provider is extremely important. A good provider will not only handle the licensing but also support you throughout the entire operation process.
Prioritize units that meet the following criteria:
- They have a clear and transparent office address and a team of lawyers and specialists with extensive practical experience.
- Complete transparency regarding pricing for private business establishment services, with a written commitment that no hidden costs will be incurred.
- We have standardized workflows and a commitment to delivering results within the agreed-upon timeframe.
- Dedicated after-sales support, ready to advise on accounting, tax, and business management issues after the procedures are completed.
Frequently Asked Questions about Establishing a Private Business
During the process of providing private enterprise establishment services, we often receive common questions from clients. Below are the most accurate legal answers.
Can private businesses hire their own directors? Is it possible to convert a private enterprise into a limited liability company? What is the minimum registered capital for a private enterprise?
Starting a business career with professional private enterprise formation services will help you lay the most solid foundation. Don't hesitate to seek support from experts to ensure your business sails smoothly from the very first day.
Contact information for MAN – Master Accountant Network
- Address: 19A, 43rd Street, Tan Thuan Ward, Ho Chi Minh City
- Mobile/Zalo: 0903 963 163 – 0903 428 622
- Email: man@man.net.vn
Other services
- Auditing: Auditing Services, Construction Auditing Services, Financial statement audit services
- Accounting and Taxation: Tax accounting services, Tax report, Transfer Pricing Advisory. Tax Accounting Services, Tax reporting services, Transfer Pricing Service, Affiliate Trading Service
- Legal: Work permit services, Business registration certification services, Investment Certificate
- Other: Transfer Pricing Service, Affiliate Trading Service, Business Operations Consulting Services
Content production is overseen by: Mr. Le Hoang Tuyen – Founder & CEO of MAN – Master Accountant Network, CPA Vietnam with over 30 years of experience in accounting, auditing, and financial consulting.
