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.
Complete Guide To Foreign Company Registration In Vietnam, Step By Step
When foreign investors are interested in companies established in Vietnam, they need to know what issues? LHD Law Firm full Complete Guide to foreign Company Registration in Vietnam, step by step...
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When foreign investors are interested in companies established in Vietnam, they need to know what issues? LHD Law Firm full Complete Guide to foreign Company Registration in Vietnam, step by step...
☑ When Expat want invest and Set-up company in Vietnam ► They need Experts (Attorney) at Vietnam for set-up an LLC setup, set-up a wholly foreign-owned entity, joint venture, public limited company, branch or representative office...
When foreign investors are interested in companies established in Vietnam, they need to know what issues?
Provisions of the current law of Vietnam like?
Government policies for foreign investors?
Capacity requirements of foreign investors like?
In the business sector that the Government of Vietnam encourages foreign investors to participate in?
Step 1: What kind of company you started?
► 2-50 Co. Ltd. members or 1 member co.LTD
► JSC company ?
► Branch offices of foreign companies in Vietnam ?
► Vietnam Company has 49% ownership by foreigners?
Issues you care?
☑ What is the yearly tax rate? The rate of income tax on your business be? ☑ There is a special certificate for your next business license company? ☑ Not how long it takes to complete the licensing company? ☑ Is there any legal requirements of Vietnam in ownership of your company? ☑ How to transfer money abroad from Vietnam? How much is the fee and how it works according to the laws of Vietnam? ☑ As with any investment incentives for your business? ☑ How do we take care of the financial statements monthly and yearly? ☑ How to Vietnam laws work in any trade dispute?
LHD Law Firm with 10 years’ experience advising foreign investors in Vietnam We will give you advice and clarify all your concerns and take care of your company license. Moreover, the LHD can help you with financial statements showing the Government of Vietnam and track your business activities and is always around to advise your business.
Price: upon request
Step 2: License Company in Vietnam
Any information you can get in step one is to operate your business better and to ensure that you will not do anything that conflicts with the laws of Vietnam. This second step, the company licenses, is the key to your business legally.
Depending on the type of business you are running, with pricing and different time frames received licenses for companies in Vietnam. All our packages include receiving the tax code and the seal of the company as well.
Price: from 200 USD / Vietnam company, from $ 1,500 up/foreign companies.
Step 3: office space
We service brokerage and leasing virtual office in District 1, you just raised your budget and requirements we will meet your needs.
In addition, we also support you on the internet registration, monthly tax reports; find employees, or other services in Vietnam.
This is just an overview to establish a company in Vietnam, we have a complete package to establish your company with reasonable prices; professional service, fast and great. Please contact us to get started.
Step 4: Publish the content of the business registration
After being granted the certificate of enterprise registration (ERC) and (IRC) , the investor shall disclose information about the enterprise on the national enterprise registration portal within 30 days, including the following information:
i, Business lines;
ii, List of founding shareholders and shareholders being foreign investors for joint-stock companies.
Step 5: Registered business stamp
The enterprise has the right to decide on the form, quantity and contents of the stamp of the enterprise. The content of the stamp must show the following information:
☞ Company’s name (IRC and ERC)
☞ Business code.
☞ Tax code
And two star...
After receiving the legal entity stamp and before using the business stamp, the enterprise must send a notice on the stamp of the enterprise to the business registration office for publication in the National Information Portal on the business registration.
Step 6: Notice of use of stamp
After having stamp made, investors submit notices on use of stamp forms to the Investment registration agency.After receiving the record, the Investment registration agency issues a receipt for the enterprise, publishes the notice of the enterprise on the National Business Information Portal and issues a notice of the posting, stamp samples of enterprises, branches and representative offices for enterprises.
Step 7: Open bank account
Investors need to open two types of bank accounts for use Tax and Token (Tax Department check), namely the investment capital account to receive the investment amount and the transaction account for conducting daily transaction in Vietnam.
Step 8: The post licensing procedures
For the conditional business lines:
Investors investing in conditional businesses lines as regulated in Appendix 4 of the Investment Law 2014 and Apply 1/72015, must apply certificate of business qualification, practicing certificates, professional liability insurance, legal capital requirements..vv. before conducting business in Vietnam.
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LHD LAW FIRM is the Top law firm cosulting for Expat in Viet Nam
According to the rankings of Legal500 and Hg.org, LHD Law Firm is one of the 10 leading legal services in Vietnam for our consultancy of establishing a foreign-owned capital business in our country. With 10-years experience in the field and the office system throughout the country: Ho Chi Minh City, Hanoi, Da Nang, Vung Tau, etc., LHD Law Firm takes pride in our commitment to satisfy our clients as foreign investors in Vietnam.
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