Set up foreign invested capital company in Vietnam
1. SET UP FOREIGN INVESTED COMPANY IN VIETNAM
Foreign investors have the right to invest in the form of establishing foreign capital
company in Vietnam according to the Investment Law 2014. Foreign investors can choose
between establishing 100% foreign owned company or establishing joint ventures with
Vietnamese individual or company. Foreign invested companies are established and
operating in accordance with the Enterprise Law 2014 and its guiding documents.
In case of conditional investment in certain business, foreign investors need to meet these
conditions as follow:
- Condition on charter capital ownership of foreign investors in the Company
established in Vietnam;
- Condition on the form of investment;
- Condition on the scope of investment activities;
- Condition on Vietnamese partners participating in the implementation of investment
activities;
- Other conditions as prescribed by specialized law.
To establish a foreign invested company in Vietnam, the procedure need to be carried
out as follow:
- Step 01: Registration of investment project to be granted investment registration
certificate. For some types of large and special investment project according to the
law. Foreign investors need to carried out the procedure to applying for Approval of
investment policy at competent state agencies.
- Step 02: Registration of business to be granted Enterprise Registration Certificate,
announcing the company’s stamp, registration of tax declaration and payment
online, hanging the company sign, contributing the company capital and other
necessary work to carry out the activities of the Company.
In addition, for certain conditional business lines, the established Company need to
meet the conditions before operating the business. The type of conditions to be
ensured may be one of the following type of conditions: License, Certificate of
eligibility, practicing certificate, certificate of professional liability insuarance, written
confirmation, other forms in accordance with the specialized law.
For the best solution, investment and the ensurance for all work can be carried out
rightfully from the beginning, you need a reputate law company in Vietnam, and you can
contact and cooperate with Tri Minh Law Company, With more than 10 year of experience,
head office in Hanoi, branch in Ho Chi Minh city, partners throughout Vietnam, a team of
experienced lawyers of Tri Minh Law Company are honored and willing to be by your side
throughout the investment and development in Vietnam.
Coming to Tri Minh Law Company, the multi-professional law company, investors can
require and satisfiy all legal issues in Vietnam, such as:
2. - Since the invested establishment: Consulting on investment form, type of
company, name of company, location, business lines, legal representative,
managing and using seal, Organization and operation, declaring and paying taxes,
… ;and authorized representative to performing all necessary legal procesdure.
- During company operation: Consulting internal management regulation;
Consulting on brand registration and protection; Consulting on contracts; Consulting
on adjusting and expand the business; Consulting on labor, Work Permit, Visa,
Temporary Residence Card for foreigner; Tax Consultancy and social insurance;
Consulting on dispute settlement, …
- Frequent legal consulting service: Tri Minh Law Company provides legal
consulting and frequent legal consulting services in the course of continuous
operation and development of foreign investors and companies established in
Vietnam.
Please contact us for more detailed consultation and cooperation.