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A STEP-BY-STEP GUIDE TO ESTABLISHING A LIMITED LIABILITY COMPANY (LLC) IN 2025: LEGAL PROCEDURES AND REQUIRED DOCUMENTS
A Step-by-Step Guide to Establishing a Limited Liability Company (LLC) in 2025: Legal Procedures and Required Documents
Are you planning to start a business? Forming a company is the first step toward turning your business idea into reality. However, to minimize legal risks and save time, it is essential to understand the legal procedures, required documents, and mandatory fees involved.
In this article, Gattaca Law Firm will guide you through the complete process of establishing a Limited Liability Company (LLC) in accordance with the latest legal regulations in Vietnam as of 2025.
1. What is a Limited Liability Company (LLC) and Why Choose It?
A Limited Liability Company (LLC) is a business entity with legal personality, formed by one or more individuals or organizations contributing capital. There are two main types of LLCs:
In this article, Gattaca Law Firm will guide you through the complete process of establishing a Limited Liability Company (LLC) in accordance with the latest legal regulations in Vietnam as of 2025.
1. What is a Limited Liability Company (LLC) and Why Choose It?
A Limited Liability Company (LLC) is a business entity with legal personality, formed by one or more individuals or organizations contributing capital. There are two main types of LLCs:
- Single-Member LLC: Owned by a single individual or organization.
- Multi-Member LLC: Comprising between 2 and 50 capital-contributing members.
Key Advantages:
- Limited liability: Members are only liable within the scope of their contributed capital.
- Streamlined structure: Easier to manage than joint-stock companies.
- Ideal for start-ups or sole proprietors transitioning into formal businesses.
2. Legal Procedure for Establishing an LLC in 2025
The registration process follows the Law on Enterprises 2020 and the most recent guiding legal documents. The procedure involves five fundamental steps:
Step 1: Prepare the Company’s Information
The registration process follows the Law on Enterprises 2020 and the most recent guiding legal documents. The procedure involves five fundamental steps:
Step 1: Prepare the Company’s Information
- Company Name: Ensure name availability by checking on dangkykinhdoanh.gov.vn.
- Registered Address: Must not be located in an apartment building or dormitory.
- Business Lines: Must comply with the 4-digit level classification codes issued by the Prime Minister.
- Charter Capital: No minimum requirement unless operating in a conditional business sector.
Step 2: Prepare the Company Registration Dossier
The dossier includes:
The dossier includes:
- Application for Enterprise Registration.
- Company Charter.
- List of Capital-Contributing Members (for multi-member LLCs).
- Certified copies of ID cards/passports of members; if a member is an organization, submit the Enterprise Registration Certificate.
- Power of Attorney (if Gattaca Law Firm is authorized to handle the procedure).
Step 3: Submit the Application for Enterprise Registration
- Submission Methods:
- Online via the National Business Registration Portal.
- In person at the Business Registration Office of the province/city where the headquarters is located.
- Processing Time: 3–5 working days.
Step 4: Obtain the Company Seal and Publicly Disclose Corporate Information
- Upon issuance of the Enterprise Registration Certificate, the company must engrave its official seal and publish required business registration details on the national portal.
Step 5: Open a Corporate Bank Account and Register for Tax
- This includes registering with the tax authority, ordering electronic invoices, and declaring initial tax information.
3. Key Considerations When Establishing an LLC
- Do not register a company address in apartment buildings or dormitories.
- Ensure accurate business line codes to avoid dossier rejections.
- Declare an appropriate charter capital that aligns with the company's intended business scale and contractual obligations.
Establishing a Limited Liability Company is not overly complicated if you understand each required step. However, to avoid common errors and streamline the process, you are encouraged to engage a professional legal consultancy service such as Gattaca Law Firm.
Beyond incorporation, Gattaca Law Firm is ready to support your business with a full suite of ongoing legal services to ensure compliance and facilitate growth after your Enterprise Registration Certificate is issued.
Beyond incorporation, Gattaca Law Firm is ready to support your business with a full suite of ongoing legal services to ensure compliance and facilitate growth after your Enterprise Registration Certificate is issued.
Anh Tuan
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