Foreigner want to setting up own business in Vietnam

Question:  I am Thai aged 45 with Thai passport, ID card, police clearance certificate, university degree, Letter of former employment and skills certificate.............etc.   At present I would like to running a small farm in Hochiminh city for ebidle fungi growing.   By the way can I own the pirvate business, rent the...

Importing Cosmetics to Vietnam

Question: We are USA company and would like to understand clearly the the COSTING of importing over 300 different products from 3 big USA brands. Category:  Skin Care Creams, Lipsticks, Face Powders. Answer: Regarding to cosmetic registration, I would like to brief you key points as follows: - Firstly, you must have...

An introduction to regulations on Enterprise Registration

On January 4th 2021, The Government issued Decree 01/2021/NĐ-CP on Enterprise Registration. Enterprise Registration Dossier Language: Vietnamese In case the dossier contains documents in a foreign language, the dossier must have a notarized Vietnamese translation enclosed with the foreign language document. Personal legal papers: - Vietnamese citizen: Valid Vietnamese citizen Identification card or...
Custom Duty for foreign contractor in Vietnam

Establishment of a representative office in Hanoi of foreign invested company

We refer with thanks to your email today, from which we were requested to advice on establishment of a representative office in Hanoi of foreign invested company in Long An province (hereinafter referred to as “Company” or “Client”). 1.Setting up RePRESENTATIVE OFFICE OF FOREIGN INVESTED COMPANY IN HANOI The establishment...

Amendment of Investment Registration Certificate supplementing business line of non-life insurance

Question: We are FDI company in Vietnam and would like to amend Investment Registration Certificate (“IRC”) and Enterprise Registration Certificate (“ERC’’) in order to reflect supplementing business line of non-life insurance, please advise? Answer: We refer with thanks to your call from which we were requested to assist you regarding amendment of...

Set up company in Vietnam

Question: Currently,  we want to set up a company in Vietnam with 100% capital from Singapore.  As far as what I know, you are a service supplier in this field, please give me a guideline for the regulating conditions, the process in sequence, some notes and expected costs. I am looking...

Formation of Vietnam Joint Venture

1.The establishment of a Foreign invested company (FIC) including Joint Venture Company in Vietnam requires an Investment Certificate from the licensing authority.