Foreign1 Investment 1Lawyers1 in1 Vietnam

List of Investment Sectors With Conditions Applied to Foreign Investors

In general, foreign direct investment is encouraged in Vietnam because the economy growth is depending on the attraction of foreign direct investment.  As member of WTO, Vietnam has opened up the economy and welcome investment in most of areas.  There are non conditional investment areas and there are conditional investment areas. The conditions for investment ... Read More
Vietnam solicitor

Renewal of License for the Establishment of Branches Office in Vietnam

How to extend branch license in Vietnam? The extension of the license for the establishment of a foreign trader's branch in Vietnam shall be following the regulation of the commercial law and the relevant guiding decrees and circulars under Vietnam laws. Preparation of dossiers for extension of license for the establishment of branches includes: Application for ... Read More
Close a business in Vietnam

How to Terminate Representative Office in Vietnam

Foreign Traders wishing to terminate the operation of representative office in Vietnam need to complete the procedure at Tax authorities, the Provincial Department of Industry and Trade and the procedure to return the seal at the police. Pursuant to the provisions of the Vietnam laws, the termination of operation of representative offices of foreign traders ... Read More
Set- up-company- in -Vietnam

Which Authority Approves Business Setting up in Vietnam?

Investment projects in Vietnam could be evaluated and approved for business setting-up at top level of the government, at ministerial levels or at the provincial levels. The licensing authorities for business setting up in Vietnam has been divided to distribute workloads at different state agencies with aim to speed up the process and attract more quality investment projects in Vietnam. In practice, ... Read More
Set- up -company- in -Vietnam

How Foreign Entity Could Set-up Representative Office in Vietnam

A foreign business entity or a foreign trader is allowed to establish Representative Office in Vietnam according to the Commercial Law. Representative office of a foreign business entity in Vietnam (referred as “Representative Office”) means a subsidiary unit of the foreign business entity, established in accordance with the law of Vietnam in order to survey ... Read More
set up business in Hau Giang

Hau Giang Reduces 50% Investment Licensing Time

Hau Giang province affirmed to speed up administrative procedures reformation, reducing 50% of the time for granting investment licenses and business registration, creating favorable conditions for investors when they set up business. In which, Hau Giang province is calling for investment in 7 key projects, including industrial zone infrastructure development, hi-tech agriculture and ecotourism… with ... Read More
Register -business -in- Vietnam

Actively Review and Cut-off Unnecessary Business Conditions

Vietnam Prime Minister Nguyen Xuan Phuc asked the Ministries to research, actively self-review to amend or proposed modifications, cutting business conditions which are not reasonable and unnecessary. On August 22nd 2017 , under the chairmanship of Prime Minister Nguyen Xuan Phuc, the Government held a legislative session to give comments on the draft law on ... Read More
Register- business- in- Vietnam-2

Propose to Remove Nearly 2,000 Business Conditions

The Ministry of Planning and Investment has proposed to remove nearly 2,000 business conditions from ministries and sectors that are thought to cause difficulties and obstacles for businesses. According to the report of the Ministry of Planning and Investment submitted to the Government, this agency proposed to remove 1,930 requirements and conditions on business that ... Read More
Set up company in Vietnam

Conditions for Business in Accounting Services of an Enterprise

Legal Based: Law on Accounting 2015; Circular 297/2016/TT-BTC on granting, management and usage of certificates of eligible for providing accounting services. 1. Form of business a. An accounting firm may be established in the form as follows: A multi-member limited liability company; A partnership; A private enterprise. The accounting firm must not contribute capital to ... Read More
Establish company in Vietnam 1

Which Form of Investment – Branch or Company?

Foreign entities can set-up company or branch offices in Vietnam to carry out business activities. There are several main different aspects between opening a branch office or establishing a foreign owned company in Vietnam. Conditions Permits for establishment of Vietnam-based branches of foreign enterprise shall each have a valid term of five years. Foreign enterprise must ... Read More

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