Vietnam is one of the fastest-growing economies in the world. The low cost of living and highly qualified population make it an ideal location for foreign companies who are looking to branch out and invest. However, expanding internationally has its disadvantages as well. Not knowing the local laws and regulations makes it a thousand times harder to open a company overseas.
Business Registration Certificate
Business registration certificate |
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Purpose | To legally set up a business entity |
What is it | Certificate |
Who should apply | 00 All domestic organizations and individuals, foreign organizations and individuals registering their business under the Enterprise Law and household businesses |
Where to apply |
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Validity of the License and application fee |
Duration as indicated on the business registration certificate
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Application conditions and documents |
Eligibility of Applicants:
Application file:
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The process |
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How long it will take to process the application? | 10 working days |
Inspecting authorities | Provincial business registration office |
Non-compliance penalty | Stipulated in Decree No. 37/2003/ND-CP of October 10, 2003 provides administrative penalties in the field of business registration |
Legal texts regulating this license |
Law on Enterprises No.60/2005/QH11 dated 29 November 2005
Government Decree ND-CP/2006/88 of 29 August on Business Registraton Circular No.03/2006/TT-BKH date 19 October 2006, Instructing on selected issues in regard of business registration documentation, procedure, and formality in accordance with Government’s Decree No. 88/2006/ND-CP as of 29 August 2006 |
Other useful information |
Liabilities by Legal Form of Enterprise:
Other useful information:
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