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Joint Stock Company is a form of legal entity with limited liability, established and existed independently for its owners. The capital of the Company is divided into equal portions called shares and issued to mobilize the capital of investors from all economic sectors.
The steps to establish Joint Stock Company:
Step 1: Prepare record
Step 2: Submit record
The adequate record set will be submitted in Business Registration Division of the Department of Planning and investment.
Step 3: Receive the results and make the sign
Step 4: Declare and pay license tax
The Company must comply with tax obligations, as license tax to the State to come into operation at least at the end of month to be issued a certificate of business registration.
License tax rates are specified compared to registered charter capital of Company when establishment.
After fully paying license tax, Joint Stock Company can go into its business activities.
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