Prepare the information (1-2 days)
Choose a business name and check for duplicates, determine the business sector, and prepare the necessary documents.
Information about members/shareholders, determining the organizational structure.
Enterprise Registration Certificate (ERC) - The first step towards a legal business start.
Fast and simple Enterprise Registration Certificate application service for FDI and domestic businesses.
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Introduction to Enterprise Registration Certificates (ERCs)
Definition of Enterprise Registration Certificate (ERC)
An Enterprise Registration Certificate (ERC) is a legal document issued by the Business Registration Office, confirming that a business has been legally established and has the right to conduct business in accordance with Vietnamese law. The ERC is the "birth certificate" of the business, recording basic information and serving as the basis for conducting business transactions.
The role of ERC
01
Legal personality
Recognizing the independent legal entity and its right to enter into contracts and conduct transactions.
02
Business conditions
Open a bank account, issue invoices, and pay taxes legally.
03
Legal basis
Conditions for applying for sub-licenses and other certifications.
Who Needs to Apply for ERC?
ERC is required:
- Limited Liability Company (1 TV, 2 TVs or more)
- Joint Stock Company
- Partnership Company
- Private enterprise
- FDI enterprises (after the establishment of the IRC)
Special cases:
- Change of business type
- Mergers and consolidations of businesses
- Business division and separation
- Representative office (not required)
- Branch (not required)
Conditions for issuing ERC
Requirements for the founder:
- Individuals aged 18 and above, with full legal capacity.
- Not prohibited from establishing a business according to regulations.
- The organization has legal personality.
Capital requirements:
- Limited Liability Companies (LLCs) and Joint Stock Companies: No minimum capital requirement (except for certain industries).
- Conditional industries: Compliance with statutory capital requirements.
- Commitment to contribute the full amount of capital according to the schedule.
Requirements regarding business name:
- Vietnamese name is required.
- Not identical or confusingly similar.
- It does not violate moral standards or customs.
- It is possible to register a foreign name.
Address requirements:
- Foreign investor 100% capital
- Joint ventures with foreign capital (from 1% onwards)
- Large-scale investment project (capital from 300 billion VND)
- Investing in a conditional industry
- Projects in industrial parks and economic zones.
Application form
No. | Document type | Content details | Legal Note |
|---|---|---|---|
1 | Project proposal document | According to the prescribed form (Form AI1) | Must be signed and stamped by the investor or their legal representative. |
2 | Legal status documents | Copy of Passport/Citizen Identification Card (individual) or Business Registration Certificate (organization) | Foreign documents must be legalized by the consular office and translated by a certified translator. |
3 | Investment project proposal | Objectives, scale, capital, location, timeline, labor requirements, economic impact | Provide a detailed explanation of the feasibility and conformity with local planning regulations. |
4 | Proof of financial capacity | Financial statements for the two most recent years or bank account balance confirmation. | The remaining balance must be equivalent to or greater than the expected capital contribution. |
5 | Documentation regarding the implementation location | Land/factory lease contract or preliminary agreement | The location must have a business function that conforms to the planning regulations. |
6 | Technology explanation | List of machines, process flow diagram | Applicable to projects using technology with restricted transfer. |
7 | Power of attorney | Authorization document for an individual/entity to carry out the procedure. | Must be notarized or properly certified. |
Implementation process
Time and cost
Processing time:
- Typical case: 3 working days
- Submit everything online: 2-3 business days
- There's a complicated problem: 5-7 business days
- Amendments and additions: 3 working days
Service fees:
- Basic Package2.000.000
- Simple license
- Standard time
- Basic support
- Consultation via email
- Progress update
- Most popularProfessional Package5.000.000
- All types of licenses
- Prioritize quick processing.
- Comprehensive support
- Direct consultation
- Document translation
- Post-licensing support
- VIP PackageAgree
- Comprehensive License Package
- Personal Specialist
- Highest priority
- Ongoing legal support
- Strategic consulting
- Internal training
Government fees
- Business registration fee: 100,000 VND
- Registration content publication fee: 300,000 VND
- Tax identification number issuance fee: Free
After ERC was established
Additional licenses (depending on the industry)
Additional licenses (depending on the industry)
- Conditional business license
- Certificate of eligibility for urban safety
- RCCC License
- Environmental permit
Frequently Asked Questions (FAQ)
1. What is a business registration certificate and what is its role?
A business registration certificate is a legal document issued by the Business Registration Office, recording basic information about a business such as its name, registration number, address, legal representative, and charter capital. It establishes the business's legal status and is a mandatory requirement for the business to operate legally.
2. How long does it take to process the business registration certificate application?
Typically, the processing time for applications is 3 to 5 business days from the date the application is deemed valid. With professional support services, the process can be shortened, minimizing the need for additional documents or revisions.
3. What documents does a business need to prepare when using the service?
The basic dossier includes information about the type of business, proposed name, registered address, business lines, charter capital, information of the legal representative, and legal documents of the individual or organization contributing capital. The service provider will assist in drafting the dossier completely and in accordance with regulations.
4. What are the benefits of using a business registration service?
Important note
Thorough preparation is necessary:
- Foreign investor 100% capital
- Joint ventures with foreign capital (from 1% onwards)
- Large-scale investment project (capital from 300 billion VND)
- Investing in a conditional industry
- Projects in industrial parks and economic zones.
Avoid common mistakes:
- Foreign investor 100% capital
- Joint ventures with foreign capital (from 1% onwards)
- Large-scale investment project (capital from 300 billion VND)
- Investing in a conditional industry
- Projects in industrial parks and economic zones.
Advice:
- Foreign investor 100% capital
- Joint ventures with foreign capital (from 1% onwards)
- Large-scale investment project (capital from 300 billion VND)
- Investing in a conditional industry
- Projects in industrial parks and economic zones.
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