Vietnam company registration

Registration of Vietnam companies. 

As of July 1, 2015, the Vietnamese Investment Law has entered into force, allowing foreigners or enterprises to set up 100% of foreign direct investment companies in Vietnam. 

I. There are three main forms: 

1. Vietnam Foreign Investment Co., Ltd. Vietnam limited liability company (wholly foreign-owned LLC. 

Need at least one shareholder, no nationality limit (18 years of age). Registered Vietnamese companies need to open bank accounts with local banks, inject equity and trade in and out accounts, and obtain approval from the Foreign Investment Certificate (FIC), with a minimum investment of US $1 billion to US $300000. At the time of registration, the authority is provided with a certificate of bank deposit of the registered address and registered capital of Vietnam. 

2. Vietnam Branch The Vietnam branch: 

Foreign companies may set up branches in Vietnam. The branch may engage in the sale of goods and activities directly related to the sale and purchase, and its function is basically the same as that of a subsidiary. At present, the examination and approval of the establishment of a foreign branch has been suspended. 

3. Viet Nam Office (Representative Office) The Vietnam representative office:). 

A foreign company may set up an office (representative office) in Vietnam to engage in business contact, liaison and development on behalf of its parent company in Vietnam, but it cannot engage in business conduct or issue invoices. Foreign businessmen may set up a number of independent representative offices in Vietnam, but they may not set up general representative offices or branches of representative offices. 


II.Registration process for Vietnamese companies. 

1. Application: prior to the establishment of the company, the founder shall submit an application for the establishment of the company to the people's committee of the province or municipality directly under the Central Government or to the administrative unit at the first level equivalent to the place where the company is located. 

2. Business registration: the company must carry out business registration with the economic extension and adjudication organization of the province and the central municipality directly under the Central Government or the administrative unit at the same level. 

3. Announcement of establishment: according to the relevant laws and regulations, after the establishment of foreign-funded enterprises invested in Vietnam, they must publish three consecutive issues of announcements in the central or local newspapers. 


III. Registration of Vietnamese company documents. 

1. Provide the English names of three Vietnamese companies. 

2. Provide photocopies of passports of all shareholders, directors and legal persons. 

3. Registered address (which can be found locally by us) and scope of business. 

4. Registered capital (capital verification within 90 days of obtaining the certificate of registration of the company) and the share allocation of the shareholders. 

5. Sign the power of attorney, pay the payment, and complete the registration of the company 3 months after receipt of all required documents. 

6. List of shareholders, amount of shares and financial certificate of shareholders (at least 1 shareholder, unlimited amount of shares). 

7. List of legal persons (1). 

8. Passport scan for all shareholders, directors and legal persons (if the shareholder is a company, please provide a certificate of registration,). 

9. The identity and financial certificates of shareholders shall be notarized in China and certified by the Vietnamese Embassy and Consulate in China. 


IV. Cost (Omit)



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