How do I establish company in Vietnam?
To establish a limited liability company, joint stock company or
partnership company in Vietnam, foreign investors may invest 100 percent of
their capital.
To receive investment registration certificates, first-time
foreign investors in Vietnam must have investment projects and complete
investment registration or examination procedures at state investment
agencies. Business registration certificates and
investment certificates must be issued simultaneously. Since the investment
certificate was issued, a company with entirely foreign capital has been in
existence.
A project dossier
to establish company in Vietnam shall
comprise:
-Registration/Request for
issuance of Investment Certificate;
-A report on financial
capability of the investor;
-Draft of the company’s
charter;
-List of members of
company;
-Copy of the people’s
identity card, passport or other lawful personal certification, for individual
members;
-Copy of the
establishment decision, business registration certificate or other equivalent
document, for member organizations;
-Copies of the authorization
document, the people’s identity card, passport or other lawful personal
certification, for authorized representatives.
-Copies of the business
registration certificates of the foreign member organizations must be
authenticated within three months before the date of submission of the business
registration dossier by agencies where such organizations are registered;
-Written authorization of
the investor in case investor is organization and valid copy of the lawful
personal certification of the authorized representative. Documents in foreign
languages must be translated into Vietnamese, notarized and legalized;
-The joint-venture
contract or Business Cooperation Contract (BCC);
-Other documents required
by Vietnam law.
Starting a business in
Vietnam would take anywhere from 30 days. The additional
time may be required on the off chance that the venture region is contingent or
the State government necessities to look at the speculation project. In some
investment projects, minimum capital, special licenses, or other conditions may
be required.
ANT Lawyers would like to
assist you in establishing a business in Vietnam. We have staffs that are
highly skilled and have a lot of experience with foreign investment.
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