Procedure for Registration of Establishing a New Household Business

I want to establish a household business, could the Editorial Board provide information on the procedures for registering a household business? Looking forward to your response.
  1. Legal Basis:

- Enterprise Law 2020;

- Decree 01/2021/ND-CP;

  1. Procedures and documents include the following papers:

- Business registration application form;

- Legal documents of individuals for the business household owner, family members registering the household business in case family members register the household business;

- A copy of the minutes of the family members' meeting regarding the establishment of the household business in case family members register the household business;

- A copy of the power of attorney from family members authorizing one member to be the owner of the household business in case family members register the household business.

- Upon receiving the dossier, the district-level business registration authority shall issue a Receipt and issue a Certificate of Household Business Registration to the household business within 03 working days from the date of receipt of a valid dossier.

In case the dossier is not valid, within 03 working days from the date of receipt of the dossier, the district-level business registration authority must notify in writing the applicant or the household business founder. The notice must clearly state the reasons and requirements for amendment and supplementation of the dossier (if any).

- If after 03 working days from the date of submission of the household business registration dossier, neither the Household Business Registration Certificate nor the notice of amendment and supplementation request is received, the household business founder or household business has the right to file a complaint or denunciation in accordance with the law on complaints and denunciations.

  1. Resolving authority: District People's Committee where the head office is located.

  2. Time limit for resolution: Within 03 (three) working days from the date of receipt of a valid dossier.

  3. Fees:

- 50,000 VND when submitting the dossier directly.

Sincerely!

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