The corporation that foreign investors establish in Vietnam is a limited liability company and a corporation, There are two types of limited liability companies in Vietnam: one limited liability company and two or more limited liability companies.
Vietnam Incorporation Process
Documents for establishment of general corporation
Corporate investment
Private investment
Business Certificate
Certified copy of corporation registration
Financial Statement for the last two years
Corporation[Korea] Article of Incorporation
Copy of passport of representative [Korea]
Minutes or Documents based on it
Local corporation legal appointment
Corporate seal certificate
Copy of passport of investors [if severalinvestors ]
Proof of financial ability of investor [Certificate of bank balance (within 3 months)]
Lease, rental agreement [workplace]
Land use right certificate of lease, tenancy site
Fire Fighting License / Food Safety License / Accounting Aid and Accounting Report (VAT, Income Tax, Personal Income Tax), Financial Report Preparation and Reporting, Year-End tax adjustment, Closing Declaration / Employee Insurance / Visa / Labor Permit / Residence Permit.
Service, Trade (Import and Export), Trade (Distribution), Production / Manufacturing, Construction
Conditional Industry
In the fields of restaurants, wholesale and retail, lodging, academies, construction and etc., it is essential to provide proof of eligibility and sub-license.
Vietnam Incorporation Process
100% Foreign Owned Company
Process
1Document Preparation
2Vietnam notarization / translation. Opening investment bank account in Vietnam
3Preparation / Submission of Established Documents
4Result
5Remittance the investment amount to a Vietnamese investment account in a foreign corporation account. Transfer money from Vietnamese investment account to Vietnamese bank account.
Time required
30-45 Days
Requirements
Investment Registration Certificate
Business Certificate
Seal
Company founder records (2 or more)
Register company information
Report to the tax bureau
Company bank account
Electronic signature certificate
Token usb (for tax return)
Report tax invoice
Representative Office
Process
1Document Preparation
2Vietnam notarization / translation
3Preparation / Submission of Established Documents
4Result
Time required
About 1 month
Requirements
Representative Office license
Seal
Register company information
Report to the tax bureau
Company bank account
Branch
Process
1Document Preparation
2Vietnam notarization / translation. Opening investment bank account in Vietnam
3Preparation / Submission of Established Documents
4Result
5Remittance the investment amount to a Vietnamese branch account in a foreign corporation account.
Time required
About 1 month
Requirements
Investment Registration Certificate
Branch Certificate
Seal
Register Branch information
Report to the tax bureau
Branch bank account
Electronic signature certificate
Token usb (for tax return)
Report tax invoice
100% local corporation investment
Process
1Opening a Vietnamese investment bank account
2Remittance the investment amount to a Vietnamese investment bank account
3Submission of Documents regarding change
4Result
Time required
About 1 month
Requirements
Business Certificate
Local 51% - Foreign 49% Corporate
Process
1Opening a Vietnamese investment bank account
2Submission of Documents regarding incorporation
3Result
4Remittance the investment amount to a Vietnamese investment bank
Time required
About 1 month
Requirements
Business Certificate
Seal
Company founder records (2 or more)
Register company information
Report to the tax bureau
Company bank account
Electronic signature certificate
Token usb (for tax return)
Report tax invoice
Local - Foreign companies joint
Process
1Document Preparation
2Vietnam notarization / translation
3Preparation / Submission of Established Documents
4Result
5Remittance the investment amount to Vietnamese bank account
KR
