Because of the dynamism of the Vietnamese economy, set up a company in Vietnam has become an appealing option for many multinationals. However, entrepreneurs should be prepared for inconsistent regulations, bureaucratic challenges, and licensing delays. Vinasc will assist our Clients with incorporating the optimal corporate structure for their company. There are several ways of doing business in Vietnam, the most common being the setting up of a limited liability company. In some industries still restricted to investment by foreigners, our Clients may, however, be required to set up a joint venture company with a Vietnamese shareholder. Our corporate Clients may also open a representative office in Vietnam. Or event a branch if they are already ready to expand to this Southeast Asian market.
Foreigners are encouraged to make an investment in Vietnam through direct investment by Setting up a company in Vietnam.
However there are restrictions on some cases in regard to investment capital, investment area, special licenses required. The investor is suggested to consult with Vinasc’s setup company in Vietnam services for advice and service offering.
Setting up a business in Vietnam services of Vinasc will advise you
- kind of business should invest in Vietnam
- register the address of the business in Vietnam
- the legal structure of the setup company in Vietnam
- capital required to set up the company in Vietnam
- legal representative and work permit in Vietnam
- timeline to set-up a company in Vietnam
- tax liability and accounting requirement
- mandatory reports submissions requirement
When foreign investors invest in Vietnam, they could establish a company in Vietnam. Foreign investors have the right to choose the appropriate forms of enterprise such as a limited liability company, joint-stock company, etc