Services for establishing foreign-invested company in Vietnam

Inrecent years, Vietnam has been emerged as a promising destination for manyinvestors from all over the world. With more than 7 years of experience in thefield of foreign investment, Khanh An has assisted hundreds of clients fromvarious countries in making successful investments in numerous locations acrossVietnam across Vietnam. Through the article below, Khanh An would like tointroduce 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 toestablish foreign-invested company in Vietnam

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

-Establishing a company with foreign capital in Vietnam.

-Buy capital shares in a company established in Vietnam.

Thesetwo both have their own advantages and limitations. Customers can contact KhanhAn to receive specific advice for easily choosing the form of consultation thatsuits your needs and desires.

2. Procedures forestablishing a foreign-invested company in Vietnam

Forthe two forms of investment mentioned above, to establish a foreign-investedcompany in Vietnam, customers need to take specific steps:

2.1.Establishing a company with foreign capital in Vietnam

• Step1: Prepare documents
• Step2: Apply for Investment Registration Certificate
• Step3: Apply for a Enterprise Registration Certificate
• Step4: Open a direct capital shares account, make capital shares through theaccount.

2.2.Buy capital shares in a company established in Vietnam

• Step1: Apply for a Enterprise Registration Certificate for the company in Vietnam. (Note:This company is required to have 100% capital invested in Vietnam)
• Step2: Apply for approval to purchase capital shares at the Department of Planningand Investment of the province/city
• Step3: Open an indirect capital shares account, make payment to buy shares capital
• Step4: Make adjustments to the Business Registration Certificate after purchasingthe capital contribution

3. Essential documents forestablishing a foreign-invested company in Vietnam

Tocarry 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 consularlegalization

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

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

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

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

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

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

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

-The investment capital contribution period is recorded on the InvestmentRegistration Certificate. Accordingly, investors need to make capitalcontributions within the registered period to avoid violations and having toextend the capital contribution time.

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

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

5. Services of Khanh An

Regardingprocedures for establishing foreign-invested companies in Vietnam, Khanh Anwould like to send foreign investors a comprehensive service package includingthe following contents:

-Consulting on contents before investing in Vietnam:

• Consulting on choosing locations to implement investment projects that suitcustomer needs;
• Consulting on choosing investment forms and company forms;
• Consulting on investment fields, business lines and investment capital appropriateto 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 forimplementing procedures.

-Receiving all necessary documents from clients, submit documents to competentstate 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 whencustomers use Khanh An's services

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

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

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

-Using Khanh An's services, customers will receive comprehensive results so theycan 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.

Aboveis Khanh An's consulting article related to Services for establishing aforeign-invested company in Vietnam. If you have any questions or need adviceor 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 serviceexperience.

Contact details:

• KHANH AN CONSULTINGCOMPANY 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

Verypleased to cooperate with you!