Set up Wholly foreign invested company in Vietnam

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Vietnam-company-registration

In case foreign investor (Client) is willing to engage a law firm on advices regarding obtaining Investment Certificate to set up a wholly foreign invested company in Vietnam, SBLaw is qualified for above mentioned requirements and is willing to advice Client regarding above said requests.

 

1.Our scope of services provided to Client is inclusive of following items:

 

1.1. Preparation of the application documents:

  • Notifying application documents required in accordance with Vietnamese law;
  • Drafting application documents required for submission purpose including application, explanatory statement, power of attorney, board resolutions in English language;
  • Liaising with Real Estate Agent for Office Lease Contract on behalf of Client.
  • Liaising with Client to discuss the draft application documents;
  • Amending the application documents based on Client’ comments;
  • Obtaining preliminary comments from the licensing authority on the draft application documents;
  • Finalizing the application documents following comments from the licensing authority; and
  • Translating the final version of the application documents into Vietnamese for execution.

1.2. Licensing procedures:

  • Submitting the application dossier to the licensing authority on Client’s behalf;
  • Monitoring and following up with the relevant authorities on the approval process;
  • Keeping Client updated on the developments and additional requirements, if any; and
  • Assisting Client in obtaining the investment certificate.

1.3. Post-licensing procedures:

  • Obtaining the seal of the NewCo ;
  • Obtaining the NewCo’s tax code; and
  • Placing an announcement on the establishment of the NewCo in the newspaper.
  • Obtaining Temporary Residence Card for the Legal Representative of the NewCo.

2.Our means of services

  • Documentation
  • Working with the competent authority on Client’s behalf.

 3. Our services period:

– Within 07 working days counted from your delivery of necessary documents and information as provided under legal Contract, SBLaw shall transfer documents to Client to reviewing and signing.

– Within 01 working days counted from reception of signed and sealed documents from Client, SBLaw shall submit application dossier to competent authority.

– Within 25 working days from submission of legitimate application dossiers to the Competence Authority, SBLaw shall obtain the Investment Certificate for Client.

– Within 10 working days from obtaining Investment Certificate, SBLaw shall obtain stamp, tax code registration and place an announcement of establishment for the NewCo.

– Within 15 working days from submission of application dossier for Temporary Residence Card to the competent authority, SBLaw shall obtain the Temporary Residence Card for the Legal Representative of the NewCo.