Investor: Can you tell me what the requirements are to set up a company that will provide HR Service in Vietnam? What criteria do we need to meet and is there a minimum investment level?
Lawyer: Vietnam Law does not impose any minimum investment capital for setting up a HR Service Company in Vietnam.
However, the investment capital shall be important one criterion in appraisal process of licensing authority.
It means that the bigger registered Investment Capital, the success possibility is bigger.
In our experience, your company should invest an amount of 300,000 USD.
Besides, your company must lease the office in Vietnam before setting up the Company.
Those above are criteria that your company must meet to set up the HR Service Company before set up.
We hope our consultancy is helpful for you.