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COST OF SETTING UP BUSINESS IN VIETNAM

Last Updated: 6/9/2020

There are conditions for establistment of some hot industries and branches in Vietnam in this table below. There is no legal minimum or maximum capital regardless of the type of business you choose to create in Vietnam, the contributing capital in the table below is our suggestions based on the common investment survey.

➡️If you want to set up a business in Vietnam, you must first learn about the existing legislations in terms of investment as well as the types of businesses allowed to expatriates in the country. You must above all obtain an authorization of entry which will allow you to apply for a business visa to Vietnam.

Types of companies :

➡️➡️There is no legal minimum or maximum capital regardless of the type of business you choose to create in Vietnam. You can invest either in local currency which is the Vietnamese dong or in convertible foreign currency. You must also determine the status of your company, stating the name and address of the head office and branches of your business, mentioning the area in which you intend to invest.

➡️➡️➡️The next step is to register your company with the Provincial People's Committee closest to your company's head office.

On the other hand, you must specify if it is a collective society mentioning the names and nationality of your business partners, have an organizational and management plan for your company.
You will have to hire a legal representative to assist you with the procedures.

We provide all legal services in Vietnam related to consultancy of establishing a foreign-owned capital business in our country with 10-years experience in the field. If you need any helps or further information, please feel free to 

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