Q: How much will cost to incorporate trade and service company?
What are the taxes?
Could we incorporate a company with nominee resident director, and then , after opening account, change the director?
Is it poossible?
Could you offer such a services?
A: For incorporating a trade company in Vietnam, our fee shall be at least 7,000USD. The fee is exclusive of 10% VAT and cost for translating documents prepared by your side from English into Vietnamese (10USD/150 words) and actual cost for travelling and accommodation of our lawyer if client locates company in cities other than Ho Chi Minh City or Hanoi.
For incorporating a service company in Vietnam, our fee shall be at least 4,000USD. The fee is exclusive of 10% VAT and cost for translating documents prepared by your side from English into Vietnamese (10USD/150 words) and actual cost for travelling and accommodation of our lawyer if client locates company in cities other than Ho Chi Minh City or Hanoi.
We can only provide you an accurate legal service quotation upon receipt of full information of your business plan in Vietnam.
The Corporate Income Tax in Vietnam for all companies shall be from 20-22% of benefit. Value added Tax shall be from 0-10%.
You can setup a company with a nominee resident director, and then, after opening account, you can change the director. However, such change of director needs to be registered with competent authority.
For recording change of director, our fee shall be 1,000USD. The fee is exclusive of 10% VAT and cost for translating documents prepared by your side from English into Vietnamese (10USD/150 words) and actual cost for travelling and accommodation of our lawyer if client locates company in cities other than Ho Chi Minh City or Hanoi.
We do hope that the above information is helpful for you. If you have any further inquiry, please feel free to contact us.
