Basically, input the presence in Vietnam market by either establishing a company or other investment vehicles is an important step for many foreign investors, and hopefully the beginning of a successful business undertaking.
Foreign investor(s) must carry out the procedure following Law on Investment (LOI) & Law On Enterprise (LOE), named licensing procedure, in order to obtain (i) Investment Registration Certificate (“IRC”) and (ii) Enterprise Registration Certificate (“ERC”).
IRC acts as an official approval from Vietnam authority for investment project in Vietnam whilst ERC presents as existence of legal entity under paper form, being established to manage investment project.
Certain conditions are required to be satisfied for doing business in Vietnam in terms of investment objectives, business lines, registered capital etc. On the other hand, the newly established enterprise is required to undertake post-licensing procedure, mainly involve with (i) arranging Company’s stamp specimen; (ii) opening bank account for daily transaction and (iii) registering initial with tax office and purchasing e-tax token.
With in-country knowledge and on-the-ground support, we will help to eliminate burden in such arenas for your business and get it moving forward.
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Address: District 7, Ho Chi Minh City, Vietnam (70000)
Email: support@n2ncconsulting.com