Conditions for establishing a construction company

You are looking to set up a construction company but do not know the regulations and conditions of establishment? This article of TASCO will provide specific information to entrepreneurs about the conditions to establish a construction company.

1. What is a construction company?

🔰 Construction company is a unit or organization with full construction functions and capabilities, which can directly sign construction contracts with investors, to contract for a whole type of work or the entire work of a work construction investment project.

🔰 Forms of construction companies:

✔ Construction contractors.

✔ General Contractor.

✔ Investor building works.

✔ Project developer.

✔ Professional construction manager.

✔ Program Manager.

✔ Project sponsor.

2. Conditions for establishing a construction company:

2.1. Conditions for founders:

⏩ Being a Vietnamese at least 18 years old, having full civil act capacity, Not falling into one of the following cases:

➥ Organizations and individuals that are state agencies or units of the people's armed forces use state assets to establish profit-making enterprises for their agencies or units;

➥ Being cadres, civil servants, public employees, officers, non-commissioned officers, professional soldiers, professional leaders, and managers in state-owned enterprises;

➥ Being a person who is being examined for penal liability; serves prison sentences; is in the period of being banned from doing business,…

2.2. Conditions for practicing certificates:

⏩ If an enterprise only registers for the group of ordinary civil and industrial construction, there are no requirements or restrictions on capital, qualifications, and experience. However, if the enterprise operates in the following business areas, it is required to have a certificate of capacity for construction activities:

➥ Construction Survey

➥ Construction planning

➥ Design, and verify the construction design of works

➥ Preparation and verification of construction investment projects

➥ Project management consulting

➥ Construction work

➥ Construction supervision

➥ Construction inspection;

➥ Management of construction investment costs.

2.3. Requirements for professional qualifications:

⏩ According to the provisions of Article 157 of the Law on Construction 2014, an organization may practice construction work when it fully meets the following three conditions:

➥ Having the full capacity for construction activities corresponding to types and grades of construction works;

➥ Project chief commanders have the capacity to practice construction work and appropriate practice certificates;

➥ Having construction equipment that meets the requirements on safety and construction quality.

3. Procedures for establishing a securities company

👉 Step 1: Advise business people on the regulations on setting up a company

👉 Step 2: Prepare documents and give them to business people to sign.

👉 Step 3: TASCO will submit the application on your behalf and receive the results.

👉 Step 4: Hand over the registration certificate to entrepreneurs.

👉 Step 5: Post-establishment consultation.

➤ Dossier of the establishment of a construction company includes:

➥ Business registration application form.

➥ Charter of the company.

➥ List of members or shareholders of the company (if it is a limited liability company with two or more members or a joint stock company).

➥ Deciding on capital contribution for members being organizations.

➥ A valid copy of one of the authenticated papers:

• A valid ID card or a valid Passport for individuals;

• Business Registration Certificate/Certificate of Business Registration Certificate for organizations (except in case the organization is a Ministry/People's Committee of a province or city) and enclosed with personal identification papers and authorization decision of the authorized representative of the organization. office.

⇒ Register here for TASCO's earliest advice or contact hotline: 0975480868 (Zalo)

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