How to establish a company in Tan Kim industrial park

When investor decide to do business in Vietnam, the first question is how to establish a company?

Vinasc is known as a famous brand of providing consulting services for domestic and foreign businesses. Our solutions are implemented and accompanied to help businesses comply with the law, effectively in business. (establish a company in Tan Kim)

In order to conduct business activities, the company need an investment registration certificate or business registration certificate, some fields need to meet certain conditions before conducting a business.

Vinasc shall guide how to establish a company in Tan Kim industrial park so that foreign investors shall do business in Vietnam legally and efficiently.

Foreign investors may invest in the form of 100% capital to establish a limited liability company, joint stock company, partnership company or other forms in investment in Vietnam.

Foreign investors that invest in Vietnam for the first time must have investment projects
Carrying out investment registration procedures at state agencies in charge of investment in order to be granted investment registration certificates.

According to Vietnam Law on investment and Vietnam WTO’s Commitments, it is possible for you to establish wholly foreign invested company in Vietnam.

However, we would like to note that during the licensing process, the competent authority might examine carefully some following points:

Location of company: Investor is required to provide accurate address of location where the company is based. Also, competent authority shall require investor to provide physical lease contract of location and other related documents of the location.
Charter capital of company: Vietnam Law does not imply a minimum amount of investment capital to establish a company operating in your company’s field. However, the foreign investor must prove that amount of investment capital is sufficient to establish the company. In order to prove the sufficient financial capacity before establishing company, it is requried the investor to provide bank statement certifying balance in the bank. After the company is establish, investor is required to transfer such amount to the company’s account.
Some business lines remain restricted to foreigners in Vietnam (for example, real estate and finance). Some of these other fields remain subject to case-by-case review or conditional approvals (eg. trading), caps on foreign ownership (eg. tourism) or require licenses and sub-licenses (eg. F&B).