Services for establishing foreign-invested company in Vietnam

In recent years, Vietnam has been emerged as a promising destination for many investors from all over the world. With more than 7 years of experience in the field of foreign investment, Khanh An has assisted hundreds of clients from various countries in making successful investments in numerous locations across Vietnam across Vietnam. Through the article below, Khanh An would like to introduce our service of establishing a foreign invested company in Vietnam.

In Vietnamese: Dịch vụ thành lập công ty có vốn đầu tư nước ngoài tại Việt Nam

1. Forms of investment to establish foreign-invested company in Vietnam

Currently, when investing in Vietnam, foreign investors mainly choose two main forms of investment:

- Establishing a company with foreign capital in Vietnam.

- Buy capital shares in a company established in Vietnam.

These two both have their own advantages and limitations. Customers can contact Khanh An to receive specific advice for easily choosing the form of consultation that suits your needs and desires.

2. Procedures for establishing a foreign-invested company in Vietnam

For the two forms of investment mentioned above, to establish a foreign-invested company in Vietnam, customers need to take specific steps:

2.1. Establishing a company with foreign capital in Vietnam

• Step 1: Prepare documents
• Step 2: Apply for Investment Registration Certificate
• Step 3: Apply for a Enterprise Registration Certificate
• Step 4: Open a direct capital shares account, make capital shares through the account.

2.2. Buy capital shares in a company established in Vietnam

• Step 1: Apply for a Enterprise Registration Certificate for the company in Vietnam. (Note: This company is required to have 100% capital invested in Vietnam)
• Step 2: Apply for approval to purchase capital shares at the Department of Planning and Investment of the province/city
• Step 3: Open an indirect capital shares account, make payment to buy shares capital
• Step 4: Make adjustments to the Business Registration Certificate after purchasing the capital contribution

3. Essential documents for establishing a foreign-invested company in Vietnam

To carry out the procedure, customers need to prepare the following documents:

- Legal documents of investors:

• For individual investors: Investor's valid passport
• For institutional investors: Business registration certificate with consular legalization

- Documents on the location of the investment project: Certificate of land use rights and lease contract of the location.

- Bank account balance confirmation proving sufficient financial capacity to make investments in Vietnam.

- Passport or Citizen ID of the company's legal representative.

4. Things to consider for establishing a foreign-invested company in Vietnam

- After establishment, the company needs to open a direct or indirect investment capital account to make capital contributions and transfer profits abroad later.

-Enterprises operating under an investment registration certificate are required to submit two types of reports: (1) quarterly online reports through the website of the Ministry of Planning and Investment; (2) a paper report on investment monitoring and evaluation submitted to the Department of Planning and Investment every 6 months and 1 year..

- Except for industries with legal capital requirements, Except for industries with legal capital requirements, in industries without specific requirements, please note that the operating term of the investment project and the investor's application for a Work Permit. In case the investor makes a capital contribution of over 3 billion VND, it will be exempt from the Work Permit according to the provisions of law.

- The investment capital contribution period is recorded on the Investment Registration Certificate. Accordingly, investors need to make capital contributions within the registered period to avoid violations and having to extend the capital contribution time.

- Tax declaration procedures of foreign-invested companies are similar to those of Vietnamese-invested companies. However, foreign-invested companies must audit their financial statements at the end of the fiscal year.

- In case you sell goods retail, you need to apply for a License at the Department of Industry and Trade.

5. Services of Khanh An

Regarding procedures for establishing foreign-invested companies in Vietnam, Khanh An would like to send foreign investors a comprehensive service package including the following contents:

- Consulting on contents before investing in Vietnam:

• Consulting on choosing locations to implement investment projects that suit customer needs;
• Consulting on choosing investment forms and company forms;
• Consulting on investment fields, business lines and investment capital appropriate to the investment field;
• Consulting on choosing a business name in accordance with the law;

- Consulting on current legal regulations when investing in Vietnam.

- Evaluating the validity of documents provided by customers.

- Consulting and assisting customers in drafting necessary documents for implementing procedures.

- Receiving all necessary documents from clients, submit documents to competent state agencies, monitor and handle arising problems if any.

- Receiving and handing over results to customers on behalf of customers.

- Providing post-establishment support such as registering digital signatures, invoices, tax declaration, applying for sub-licenses (if any),...

Advantages when customers use Khanh An's services

- As a professional unit with many years of experience, Khanh An will support customers with a comprehensive view when investing in Vietnam, helping customers make the right and safest choices.

- Customers will be supported with all procedures, without needing to prepare documents themselves or submit documents to competent state agencies.

- Khanh An will support customers to minimize the time compared to performing procedures themselves or using the services of new, fledgling units.

- Using Khanh An's services, customers will receive comprehensive results so they can immediately go into operation, including:

• Investment registration certificate
• Business registration certificate
• Company seal
• Title seal of the legal representative
• Company name plate
• Digital signature for tax declaration, support for license tax declaration
• Electronic envoice
• Internal records include necessary forms during company operations
• Investment project implementation report templates.

Above is Khanh An's consulting article related to Services for establishing a foreign-invested company in Vietnam. If you have any questions or need advice or want to use the service, please contact 02466.885.821 or 096.987.7894.

"PRESTIGE - QUALITY - HIGH EFFICIENCY" are the values Khanh An brings to customers. We look forward to cooperating and giving customers the best service experience.

Contact details:

• KHANH AN CONSULTING COMPANY LIMITED

• Address: 227, Hoang Van Thai, Khuong Trung, Thanh Xuan, Hanoi

• Mobile: 02466.885.821 / 096.987.7894.

• Web: Khanhanlaw.com

• Email: Info@khanhanlaw.net

Very pleased to cooperate with you!