Establishing a business is an important first step for organizations and individuals to realize their business ideas and access the market legally. However, complicated legal procedures, compliance risks and corporate governance issues make many people hesitant, time-consuming and costly. Therefore, choosing professional business establishment and business registration consulting services has become an inevitable trend, helping businesses feel secure to develop sustainably.
Why Should You Choose Business Establishment Consulting Services?
Save time
The business registration process requires preparing a lot of documents and going back and forth to complete procedures at the authorities. If you do everything yourself, it can easily take days to weeks for each step such as looking up names, completing documents, making seals, opening bank accounts, declaring taxes, etc. Meanwhile, business consulting services help shorten the process to only 3-5 days with all tasks done by a team of experts.
Cost savings
Most law firms and consulting organizations provide business establishment services with fees ranging from only 650,000 VND to 1,500,000 VND, including all state fees, seal fees, account opening fees, etc., and commit to not incurring additional hidden costs. Compared to doing it yourself (which can easily incur unexpected costs and risks of redoing documents), this is the optimal choice for small and medium-sized enterprises and individual startups.
Ensure compliance with the law
The legal system for business registration is constantly updated, with regulations on industries, conditions, procedures, reporting regimes, etc. If business owners are not sure, they can easily be fined or have their documents returned. Business registration consulting services will assist in drafting and checking documents in accordance with standards; advise on issues related to business law, taxes, insurance, conditional business licenses, etc. to help businesses operate legally and minimize legal risks.
Comprehensive support after establishment
Many business consulting services also provide post-establishment support packages such as initial tax declaration, invoicing, management and operational strategy consulting, ensuring the business operates effectively and develops right from the first days.
Benefits of Using Business Consulting Services
Summary of outstanding benefits:
- Focus on core competencies: Business owners do not have to worry about legal procedures, spending all their time on business strategy.
- Expert support: A team of experienced consultants, knowledgeable about legal regulations and industries, helping to optimize business profiles and types.
- Optimize costs & resources: Procedures and documents are processed synchronously and in accordance with regulations, avoiding unexpected costs and saving internal resources.
- Minimize risks & handle arising issues: Be warned and supported to correct errors and legal risks related to industry, capital, human resources, and taxes.
- Long-term support: Get legal advice during operations, handle arising problems, ensure stable and legal business operations.
- Increase efficiency & productivity: Consulting services often help guide digital transformation, automate financial management tools, accounting, taxes, electronic procedures, etc. to save time on daily execution.
When Should You Use Business Establishment Consulting Services?
You should consider using business formation services when:
- Lack of deep understanding of legal procedures, corporate law, tax law.
- No dedicated personnel or internal legal.
- Want to save maximum time, cost and resources for company establishment procedures.
- Need specialized support in choosing business type, business lines, capital structure, and building business charter.
- To ensure a methodical business development, compliance with the law, and minimizing risks related to procedures, licenses, taxes, social insurance, etc.
- Priority is given to quick return of documents, full handover of business license, seal, tax code, bank account and complete legal documents.
Business Establishment Consulting Service Process at GT Law
Typically, a professional consulting service will:
- Consulting & choosing business type: Joint stock, LLC, private, partnership,...
- Check legal conditions and business lines: Ensure the business line and name are valid.
- Draft and complete all documents: Company charter, shareholder list, registration application, charter capital list, etc.
- Submit application to competent authorities: Department of Planning & Investment, Tax,...
- Receive results, hand over business registration certificate, seal, tax code, etc. and guide the next steps after establishment.
- Support post-establishment procedures: Initial tax declaration, opening bank account, making electronic invoice, establishment announcement, long-term legal advice, etc.
GT Law – Comprehensive Business Establishment Consulting Solution
In the context of a competitive market and increasingly improved laws, business owners need to find reputable legal consulting partners to optimize time, costs, and prevent legal risks. GT Law is committed to providing comprehensive business registration consulting services, helping you start a business smoothly, develop a sustainable business from the very beginning, and save resources to focus on core values.
Let GT Law accompany you to conquer your dream of starting a business and building a strong brand in the Vietnamese market!