Question: This is Kannan from India, please check first about business flow. the product is garments of kind uniforms
1. Import fabric from China
2. Sewing in Vietnam
3. Export finished goods to France
Our company hopes to make a trading company for importing and exporting but we can not put the company capital enough
so in this case, which kind company is most suitable for this business with lower capital?
Answer: In case your company are unable to contribute enough capital for running the company, you can consider borrowing money from commercial bank.
However, in such case, you must obtain the Confirmation Letter of the Bank stating that they accept to release the loan for you upon establishment of the company in Vietnam.
Otherwise, you can setup a Representative Office of your parent company in India. This option can only be useful if you have a company duly established and operating in India for at least 01 year.
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