List of conditional business sectors

Conditional business lines have a few restrictions when registering a business. Accordingly, businesses and companies that want to do business need to fully meet the conditions prescribed by law. So let's take a look at the latest list of conditional business sectors in 2020 with Yes Office.

What is a conditional business sector?

According to regulations, conditional business lines are industries and professions when carrying out business investment activities in that industry or profession, the business owner needs to meet the set conditions. Because of reasons related to national defense, security and order, social safety, social ethics or community health.

The list of conditional business industries is clearly stated in Appendix 4 of the Investment Law 2014. All conditions have been checked. approved in accordance with the Law. If you want to register a business line, you should research carefully in advance.

List of conditional business lines

According to the latest state regulations, conditional business lines include yes:

• Seal production.
• Trading in support tools (including repair).
• Trading in fireworks, except manufacturing fireworks explosion.
• Trading in all kinds of software and equipment used for camouflage, audio recording, video recording, positioning.
• Trading in paintball guns.
• Trading in military equipment and supplies for the domestic armed forces and the types of military weapons, technical equipment, weapons, specialized vehicles used in the military and police...
• Pairing service business map.
• Massage service business.
• Trading in signaling devices of priority vehicles.
• Trading in demand services debt.
• Insurance service business
• Fire prevention and fighting service business.
• Law practice.
• Public practice certificate.
• Property auctioneer.
• Business of accounting services.
• Business of check-in service tax.
• Lottery business.
• Debt trading services.

Source

Along with many other conditional industries and professions listed fully and clearly in the Investment Law 2014. Please learn more, or look up Is the industry or profession you intend to do on this list so that you can prepare all relevant procedures and documents? SEE MORE:

• Establishing an individual business household
• Registering a business online

Basic conditions that need to be met to do business in conditional industries

If you have questions about the conditions Conditions need to be met when doing business in a conditional industry, so please refer to the following information.

About business license

For any legal business, a business license is required by a competent state agency. rights. Especially for industries on the conditional business list, applying for a business license is even more mandatory.

Certificate of eligibility for business

Depending on the business fields, business entities need to apply for a qualified license, which can be for facilities, equipment, and labor such as types of licenses: food safety and hygiene certificate, certificate of eligibility to perform fire protection work, certificate of eligibility to maintain security and order... For professions that require a certificate of conditions, you need to complete registration procedures to legally do business.

Certificate of practiceprofession

Similarly, with some specific professions, business subjects and individuals need a practice certificate to be allowed to do business. Any business related to any profession must have a practicing certificate according to regulations.  Some examples of practice certificates include: Director's practice certificate, construction practice certificate, law practice certificate, accounting practice certificate, supervisory practice certificate, medicine practice certificate, practice certificate securities

Regulatory capital

Business lines that require high property liability must be accompanied by legal capital. Specifically, business lines that require large facilities.

Example for industry Real estate business requires legal capital of up to 20 billion VND. And that business must have a charter capital of 20 billion VND to go into business.

Accompanying conditions

Besides the above conditions, there are still some other specific conditions attached. like:

• Document confirming work experience.
• Approved project and investment policy, completed procedures for applying for investment registration certificate before establishing the company.
• Other conditions to meet the requirements for carrying out business activities.

Thus, when choosing a business line With conditions, you need to meet all the prescribed conditions to legally start a business. For advice on establishing a business, advice on choosing a suitable career and related procedures, please contact Yes Office for detailed answers.

View more : 

• List of individual business lines
• Distribution business conditions

In addition, if you want to establish a company, you need the following preparation steps:

•  You doCompany registration procedures with the Department of Planning and Investment.  
•  You need an address to register as a company headquarters. This must be a private home or virtual office address, cannot use an apartment address.
•  After establishing the company company, you need to periodically declare taxes to the General Department of Taxation (quarterly), regardless of whether your company generates revenue or not.
• You need to invest in marketing, to find new customers and develop a sustainable business. You need a brand identity (name, logo, colors, symbols, slogan...) and supporting digital marketing solutions (setting up a website, running Google, Facebook ads, SEO, investing in Content Marketing, Email Marketing...).

Yes Office virtual office service always accompanies you to solve the above problems.

• When completing company registration procedures, Yes Office helps you complete the procedures The state is cumbersome and complicated. You just need to pay us the correct amount as the business registration fee with the General Department of Taxation (there is a red invoice from the Tax Department if you need to compare). As for the service fee, we would like to give it to you.
• You don't need to rent a large space, you just need to rent a virtual office to establish a company. The cost of renting a virtual office is very reasonable. Yes Office is located in a prime location, right on Nguyen Hue flower street, district 1, with the address 68 being a feng shui number.
• Yes Office always has tax experts with many years of experience to provide FREE consultation. FEES for your fledgling company. When you rent a virtual office at Yes Office and also use our tax services, every tax declaration process becomes even more convenient.  
• We have many years of experience in designing SEO-standard websites, building brand identities, and implementing effective digital marketing activities through Google and Facebook channels, bringing great economic efficiency to businesses.

Please contact us immediately for free consultation via hotline: 0942 688 339.