Actions to be taken after an enterprise is established in Vietnam
After establishing a company, investors still have some actions to execute to put it into operation. Checking enterprise registration information The information on the Enterprise Registration Certificate and the National Enterprise Registration Information Portal might have shortcomings, lack of information, or mistakes in comparison with the information registered by investors. In case of any incorrect information, investors can […]
How to name your business legally in Vietnam?
Names of foreign-owned enterprises, although entirely within the discretion of business owners, must comply with Vietnamese regulations. Components of a company name When registering to establish a foreign-invested business, investors must also register its names, including: The Vietnamese name; The foreign language name; The abbreviated name. In which the Vietnamese name is a requisite for […]
Sample of Enterprise Registration Certificate
After being approved to establish a wholly foreign owned company in Vietnam, the competent authorities will issue 2 certificates for the investor, namely: Investment Registration Certificate Enterprise Registration Certificate Language of these abovementioned-certificates is Vietnamese. The Investment Registration Certificate is issued prior to the Enterprise Registration Certificate because the Investment Registration Certificate is a condition […]
Investment Registration Certificate sample
When engaging in investment and business activities in Viet Nam, foreign investors will be granted the following: Certificate of Investment Registration; Certificate of Enterprise Registration. These certificates are presented in Vietnamese. The Investment Registration Certificate is granted first since it is the prerequisite to obtain the Business Registration Certificate. Below is a sample of an […]
Procedures for setting up a wholly foreign-owned enterprise in Vietnam
To establish a 100 percent foreign-owned business, foreign investors are required to carry out the following procedures: Note: In addition, other related licenses might be required before going into operation should the investors choose to do business in conditional sectors. For example: Foreign investors aiming to invest in goods import, export and distribution must apply for […]
Advantages and Disadvantages of business entities in Vietnam
Understanding the characters of every single form of enterprise provides the investors advantages in raising capital, managing business, minimize their liabilities, etc. There are 4 forms of enterprises to be established in Vietnam, including: Single-member limited liability company Multiple-member limited liability company Joint-stock company Partnership company Joint-stock company Quantity of members At least 3 […]
Introduction to taxes and fees in Vietnam
The following taxes and fees are applicable to most investment activities in Vietnam: Exchange rate: USD1 = VND23,090 Circular No. 96/2015/TT-BTC Article 9, 10, and 11 of Circular No. 219/2013/TT-BTC Circular No. 302/2016/TT-BTC Decision No. 595/QD-BHXH Appendix No. 01/PL-TNCN, Circular No. 111/2013/TT-BTC M&A Vietnam will assist investors in carrying out their tax obligation in the first […]
Tax Preference upon Investing in Vietnam
Performing the investments with tax preferences can bring considerable profits for investors. Corporate Income Tax Preference Corporate Income Tax (CIT) applied for all activities in Vietnam is 20%. However, some investment activities are subject to tax preference with lower tax rate. Investment activities entitled to CIT tax rate of 10% throughout the investment period: Socialization […]
Investment with land use in Vietnam
Investors investing in Vietnam to establish an economic organization with wholly foreign-owned capital shall be entitled to land use in Vietnam to perform investment project. Land use Forms Land lease from the State with annual payment or one lump-sum payment for the entire lease term. Land allocated by the State for performing projects of […]
Geographical regions of investment incentives in Vietnam
Strategically siting a project in regions of investment incentives presents investors with special preferential policies on taxes, land rental, project duration, etc. Incentives available in locations of investment incentives Preferential Corporate Income Tax rates for a limited time or during the whole operational period; exemption and reduction in Corporate Income Tax. Exemption from import […]
