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Establish a company in Vietnam for land leveling

Every construction project to ensure quality needs to go through a thorough ground preparation stage. If the foundation is strong, the new building will be sustainable. Therefore, the leveling step plays an extremely important role in construction and construction. Therefore, the establishment of leveling companies is becoming more and more popular. In order to keep up with the market trend, Viet An Law would like to summarize and advise customers on the basic procedures and requirements to establish a company in Vietnam for land leveling.

Table of contents

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    Legal basis

    • Law on Enterprise 2020;
    • Land Law 2013;
    • Decree 43/2014/ND-CP detailing the implementation of a number of articles of the Land Law.

    Select the business lines to establish a company in Vietnam for land leveling

    No. Business lines Code
    1 Collapse

    Details: Demolition or demolition of buildings and other structures.

    4311
    2 Prepare surface

    Detail:

    – Cleaning construction site;

    – Soil transportation: digging, filling, leveling and bulldozing at construction sites, digging foundations, transporting stones, blasting…

    – Exploration drilling, inspection hole drilling, taking test samples for geological, geophysical or similar purposes;

    – Site preparation for mining such as: Moving bulky items and other preparation and development activities for sites and mineral assets, except in oil and gas areas;

    – Water supply and drainage system at the construction site;

    – Agricultural and forestry water supply and drainage systems;

    – Mine detection and the like (including detonation) at construction sites.

    Exclusive:

    – Drilling of wells for oil or gas production, under class 06100 (Crude oil extraction), 06200 (Natural gas extraction);

    – Soil decontamination, under class 39000 (Contamination treatment and other waste management activities);

    – Drilling of water wells, under class 42220 (Construction of water supply and drainage works);

    – Digging tunnels into mines, under class 43900 (Other specialized construction activities);

    – Oil and gas exploration, seismic, geophysical and geological investigation, under class 7110 (Architectural activities and related technical consultancy).

    4312

    Procedures for setting up a land leveling company

    Step 1: Establish a business:

    Business establishment dossier includes:

    Single-member LLC Mutiple-member LLC and Joint Stock Company Private enterprise Partnerships
    – Application for business registration.

    – Company charter.

    – Copies of the following documents:

    Legal papers of the individual for the legal representative of the enterprise;

    Legal papers of the individual for the company owner being an individual;

    Legal papers of the organization for the company owner being an organization (except for the case where the company owner is the State);

    Legal documents of individuals for authorized representatives

    – Power of attorney for Viet An Law.

    – Application for business registration.

    – Company charter.

    – List of members, for limited liability companies with two or more members; the list of founding shareholders and the list of shareholders who are foreign investors for joint-stock companies.

    – Copies of the following documents:

    Legal papers of the individual for the legal representative of the enterprise;

    Legal papers of individuals for company members, founding shareholders, shareholders being foreign investors are individuals;

    Legal papers of the organization for members, founding shareholders, shareholders being foreign investors being organizations;

    Legal papers of individuals for authorized representatives of members, founding shareholders, shareholders being foreign investors being organizations

    – Power of attorney for Viet An Law.

    – Application for business registration.

    – Copy of legal papers of individuals for private business owners.

    – Power of attorney for Viet An Law.

     

    – Application for business registration.

    – Company charter.

    – Members list.

    – Copies of the following documents:

    Legal papers of individuals for company members being individuals;

    Legal documents of the organization for members of the company being an organization;

    Legal documents of individuals for authorized representatives

    – Power of attorney for Viet An Law.

     

    Place of application: Department of Planning and Investment where the enterprise’s head office is located.

    Duration: 03 – 06 working days.

    Result: Enterprise Registration Certificate.

    Step 2: Publication the content of Enterprise Registration Certificate

    After being granted an enterprise registration certificate, an enterprise must make a public announcement on the National Business Registration Portal within 30 days from the date of publication and must pay a fee as prescribed by law. the law. The content to be disclosed will include information on the Enterprise Registration Certificate and Business lines, List of founding shareholders, List of shareholders being foreign investors, for joint-stock companies. In case the enterprise is not granted business registration, the enterprise will be refunded the fee for announcing the business registration content.

    Note: If the company does not publish the content of business registration on the National Business Registration Portal or does not notify within the prescribed time limit, it may be fined from 10 to 15 million VND. Pursuant to Article 45 of Decree 122/2021/ND-CP on penalties for violations on disclosure of business registration information

    Step 3: Engrave the company seal

    Enterprises can authorize Viet An Law Firm or make seal engraving by themselves. Enterprises can decide by themselves the form, quantity and content of seals but must show the name and enterprise code number. Enterprises do not need to carry out procedures for notifying seal samples on the National Enterprise Portal.

    Procedures to be followed after being granted an Enterprise Registration Certificate

    Hanging signs at the company’s headquarters

    Hanging a sign at the company’s headquarters is a mandatory procedure for newly established businesses. Signboards must not cover fire escape and firefighting spaces; must not encroach on sidewalks, roadways, affecting public transport. The placement of signs must comply with the provisions of the Law on Advertising and technical regulations promulgated by competent authorities.

    Hire or use accounting services

    If the leveling company has not yet hired a tax accountant to declare, complete the books and documents and submit the initial tax returns for the business, it can use the accounting services of Viet An Law to ensure the initial tax declaration in accordance with the provisions of the law.

    Open a business bank account

    The name of the bank account holder is the legal representative of the enterprise. In case the account holder is another person, it is necessary to add the Minutes of the Members’ Council/Board of Directors meeting on the appointment of the account holder with the content of authorizing the person to be appointed as the account holder of the company opened at the Bank.

    Register electronic digital signature to pay electronic tax

    According to the provisions of the Law on Tax Administration No. 38/2019/QH14, all businesses are now required to declare and pay taxes electronically.

    Enterprises can authorize Viet An Law Firm to register an electronic digital signature to make electronic tax payment at the tax office.

    Issuing e-invoices

    Pursuant to the provisions of Article 91 of the Law on Tax Administration 2019, the provisions of Decree 123/2020/ND-CP stipulating invoices and documents and Circular 78/2021/TT-BTC guiding the implementation of some According to the provisions of the Law on Tax Administration, enterprises are required to use e-invoices when buying and selling goods and services from July 1, 2022.

    Contribute capital to the company’s charter

    The enterprise shall make full capital contribution on time within 90 days from the date of issuance of the Enterprise Registration Certificate.

    Some companies provide reputable quality leveling services in Vietnam

    Bac Nam Civil Construction Investment Joint Stock Company

    Bac Nam Civil Construction Investment Joint Stock Company is a reputable Hanoi ground leveling service provider. With more than 10 years of experience, the company is constantly improving the quality to provide customers with the best and most effective services. As a partner of many large-scale projects, this service provider has gradually asserted its position in this field.

    Dang Duong Company – Specializing in construction and leveling

    An address that provides quality construction and leveling services next must include Dang Duong company. With our investment, all from modern machinery and equipment with a team of engineers, skilled mechanics, working experience for many years always ensure the progress of the project, construction is absolutely safe, clean with extremely economical costs compared to other units.

    Truong Sinh Trading And Construction Consultant Co., Ltd

    Truong Sinh Trading And Construction Consultant Co., Ltd always listens to the suggestions of customers to improve and constantly grow every day. With a clear and methodical working process, from receiving customer information, surveying the project to executing construction, handing over, warranty all work with their responsibility, extremely reputable. With the motto “quality creates trust”, this unit is receiving many high praises from customers.

    Boma Professional Construction Demolition Company

    Boma Construction Demolition Company with more than 20 years of establishment has become a ground leveling unit with a reputation and outstanding quality that many partners contract for large and small projects. With many years of experience, Boma always insists to meet all requirements of customers about the projects that it executes. In addition to modern machinery and equipment, a team of staff with professional skills and good handling of situations has made the brand for this unit.

    Dang Phat Construction Company

    Dang Phat Construction Company is a unit with many years of experience in the field of leveling. With 10 years of operation, the company has built a reputation and credibility in the industry. The unit is proud to provide high quality ground leveling services in Ho Chi Minh City.

    With a team of experienced and professional staff, the unit has successfully implemented many important leveling projects. Some outstanding projects that the company has completed include leveling My Phuoc industrial park, leveling artificial football fields, leveling houses. The company is committed to providing customers with accuracy, reliability and meeting the specific requirements of each project.

    Clients wishing to establish a company, change business registration, advise on corporate law, investment law, etc., please contact Viet An Law for the best support!

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