For individual business models, it is necessary to register a name according to the latest regulations of Vietnamese law. So what is a business name? How is the naming of an individual business regulated? Let’s find out with MeInvoice in the following content.
Note: Before learning about the name of a business household in this article, you can learn all the information you need to know about a sole proprietorship
by reading the additional article below.
Table of Contents Hide
1. What is the business name?
2. How to name a sole proprietorship
3. Notes when naming a sole proprietorship
4. Frequently asked questions when registering a sole proprietorship name
4.1. Can business households have the same name?
4.2. What is the procedure for transferring a sole proprietorship?
4.3. What is the minimum capital required to register a sole proprietorship?
4.4. What is the procedure for registering a sole proprietorship?
5. Conclusion
1. What is the business name?
As stipulated in Clause 1, Article 79 of Decree 01/2021/ND-CP as follows: “A business household is registered by an individual or household members and is responsible for all of their assets for the business activities of the household. In case household iran telegram data members register a business household, they shall authorize one member to act as the representative of the business household. The individual registering the business household, the person authorized by the household members to act as the representative of the business household is the owner of the business household.”
How to name a sole proprietorship
How to name a sole proprietorship
Regarding naming the capabilities to simplify a business household, Vietnamese law stipulates in Article 73 of Decree 78/2015/ND-CP including the following contents:
Each business household will have its own china data name. The business household’s name includes two elements: the type of “business household” and the business household’s own name. In which, the second element is the business household’s own name written in letters in the Vietnamese table, the letters F, J, Z, W can be accompanied by numbers or accompanying symbols.
Besides the regulation on naming individual business households with two elements in Decree 2015,
there are still some noteworthy points in naming
and registering business households as follows:
The name of a sole proprietorship must not use words or symbols that violate the historical traditions, ethics, culture and customs of the Vietnamese people.
The name of a sole proprietorship must not use the phrases “company” or “enterprise” to name the business because it causes misunderstanding about the type of business.
The business household name must not be the same as the name of a previously registered business household within the district. In case another business household has a similar name within the same district, the file processing specialist will request you to change the name of the individual business household.
As we can see, in order to establish a business household and register a valid individual business household name, the person registering to establish a business household must clearly understand the provisions of the law. The following are some notes to help name an individual business household in accordance with the provisions of Vietnamese law.