Question:
I want to establish a Limited Liability Company (LLC) with 2 members, with business activities in the spa and office rental fields. Can you please tell me what procedures and documents I need? Also, is it allowed to operate a spa business in Ho Chi Minh City?
Answer:
– The procedures, process, and paperwork for establishing a new limited liability company with two members are carried out in accordance with the regulations in Article 23 of Decree No. 01/2021/NĐ-CP on business registration.
– You can refer to the procedures and forms for establishing a business on the website of the Authority of Planning and Investment: “www.dangkykinhdoanh.gov.vn / news/ latest news/ Sample forms” for business registration according to the regulations of Law on Enterprise No. 59/2020/QH14.
– For business sectors with specific conditions (such as skincare services), it is recommended to contact the Authority of Health for guidance.
– According to Article 3 of Decree No. 76/2015/NĐ-CP guiding the Law on Real Estate Business, “Any organization or individual wishes to conduct real estate trading must set up an enterprise or cooperatives (hereinafter referred to as enterprises) which has an amount of legal capital of not smaller than VND 20 billion.“ Therefore, to operate in the real estate business sector, the company must register a legal capital amount of at least 20 billion VND and ensure the maintenance of this capital throughout its operations.
