Post Licensing Procedures

The issuance of the business registration certificate respectively the investment certificate is the first step to commerce operations.  However, even after the changes in the Vietnam investment law, there are some post-licensing procedures, as listed below, which can be time consuming and therefore should be kept in mind. The following  check-list should be considered: 1/ … Read More

Economic Need Test for Second Retail Outlet for Foreign-Invested Companies

According to Decree 23/2007/ND-CP, a foreign-invested company wishes to open more than two retail outlets will need to pass an Economic Need Test (ENT) except in limited circumstances.  However, there are not specific  definitions on ENT, in which the investor could check it against their capility that could make foreign investors be hesitated on entering Vietnam … Read More

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