Establishing a Company with Domestic Capital

Why is it necessary to establish a legal company?

When starting a business in Vietnam, establishing a legal company is the first and most important step. A properly registered company helps:

• Recognized by the State as a legal entity.
• Easily sign contracts, open bank accounts, and issue invoices.
• Take advantage of tax incentives, expand markets, and attract investment.

However, if the company establishment documents are inaccurate or incomplete, the business may have the documents returned many times, slow business progress or face legal risks later.

Popular types of domestic businesses

• One-member LLC – owned by one individual/organization, easy to manage.
• LLC with two or more members – flexible, suitable for small groups of investors.
• Joint stock company - easy to raise capital, suitable for large-scale businesses.
• Private enterprise – simple procedures, owner has full decision-making power.

Procedure for establishing a domestic company

Step 1. Receive information & requests from customers

In the first stage, DEDICA will receive and determine customers' needs in detail:

• Desired business type: One-member LLC, LLC with two or more members, Joint Stock Company, Private Enterprise, etc.;
• Expected business line, business name and headquarters location;
• Charter capital, capital contribution ratio between members/shareholders;
• Organizational structure, legal representative, and initial operational orientation.

Step 2. Preliminary consultation & Legal service quote

After receiving the information, DEDICA's team of corporate lawyers will:

• Analyze goals and operating models, help customers choose the appropriate type of business in terms of legal and governance;
• Assess risks and relevant legal regulations, such as industry conditions, legal capital, representatives, or company charter;
• Clearly explain the legal rights and obligations of owners, members, and shareholders;

On that basis, DEDICA sends a detailed service quote, including:

• Scope of work (preparing documents, submitting documents on behalf of the representative, receiving results, engraving seals, tax registration...);
• Implementation time for each stage;
• All-inclusive fee.

Customers only need to confirm their agreement to quote for DEDICA to proceed with the work.

Step 3. Prepare & Submit documents to the competent authority

(a) Prepare documents

After agreeing on the service, DEDICA will:

• Draft all legal documents according to state regulations;
• Coordinate with customers to review information, sign documents and prepare valid paper copies.

(b) Submit application & monitor progress

DEDICA represents customers to carry out:

• Submit documents to competent state agencies;
• Monitor the processing process and respond promptly if state agencies request additional information;
• Continuously update progress for customers until official results are available.

Step 4. Handover of results & Instructions after establishment

After completing the procedure, DEDICA will hand over all original documents and soft copies to the customer;

Benefits of choosing DEDICA

• Accurate advice: choose the optimal type, industry, and charter capital.
• Save time: process documents quickly, limit return of documents.
• Comprehensive support: from establishment to post-establishment legal procedures.
• Long-term companion: providing outsourcing legal services, contract, labor, and tax consulting for businesses to operate safely.