Business Incorporation

Why Do You Need Business Incorporation Advisory Services?

The process of establishing a business is not simply about submitting a business registration application. Choosing the right business structure, capital structure, and drafting appropriate company charter documents will directly affect business operations, tax obligations, and the company’s future expansion potential.

On Point provides specialized consulting services to help you analyze your needs and recommend the most suitable business structure for your business model. We commit to preparing accurate documentation, submitting applications online, and monitoring the progress to complete the process within 3–5 working days.

Common Types of Business Entities

1. Limited Liability Company (LLC)

This is the most common type for small and medium-sized enterprises. Members are only liable within the scope of the capital they have contributed to the company.

• Single-member LLC: Suitable for individuals or organizations that want to own 100% of the capital
• Multi-member LLC: Suitable when there are multiple capital contributors

2. Joint Stock Company

Suitable for businesses planning to raise capital from multiple sources, allowing easy share transfers and having the potential to be listed on the stock exchange.

3. Private Enterprise

The simplest form of business entity, where the owner bears full liability with all personal assets. Suitable for small-scale individual businesses.

Business Incorporation Process:

1. Consultation and Structure Selection

Analyze business needs and advise on the appropriate business structure and capital arrangement.

2. Document Preparation

Prepare all necessary documents: Company Charter, Establishment Decision, and list of members/shareholders.

3. Application Submission and Monitoring

Submit the application online via the National Business Registration Portal and track the processing progress.

4. Result Delivery and Post-Service Support

Receive the Business Registration Certificate, company seal, and consultation on the next required steps.

Required Documents

• Depending on the type of business entity, the required documents may vary. However, the basic documents include:
• Notarized copies of ID card/Citizen ID/Passport of members or shareholders
• Documents proving the business address (lease contract, ownership documents, etc.)
• Company Charter (prepared by On Point)
• Establishment Decision/Resolution (prepared by On Point)
• List of members/shareholders (prepared by On Point)