Company Registration Services
Option 1:
Establishing a company with foreigners who are share holders (shareholders are both Vietnamese and foreigners), foreigners are legal representatives, then Vietnamese people completely divest, transferring ownership to foreigners (Applicable to businesses established in Da Nang and Hoi An).
Application requirement
- ID card of Vietnamese people (3 copies)
- Copy of passport of foreigners (3 copies)
Procedures and processes
- Establishment of a company with capital contributors including Vietnamese and foreigners
- Create business profile: capital, business lines, and owners as required by clients
- Submit the documents to Department of Planning and Investment
- Register tax code, company seal
- After a period of 1 to 2 years of business, a capital contributing Vietnamese member proceeds to divest completely and transfer ownership to foreign shareholders
Estimated time of application completion:
30 days
Option 2:
Establishing a company with 100% foreign owned (Applicable to businesses established in Da Nang).
Application requirement
For foreign investors who are individuals:
- A notarized copy of the investor’s passport
- Documents proving financial capability of the investor
- Documents proving the headquarters’ usage in Vietnam and project location (such as office lease contract)
- Articles of incorporation
For investors who are foreign organizations:
- Notarized of business license of the investor
- Authorization letter empowering the individual representing the organization
- Notarized copy of the passport of the representative individual
- Financial report in 2 most recent years of the investor
- Documents proving the headquarters’ usage in Vietnam and project location (such as office lease contract)
- Articles of incorporation
Procedures and processes
- Registered investment certificates for foreign investors
- After getting the investment certificate, register the company as wholly owned by foreigners.
Estimated time of application completion:
03 months
Other notes:
- Because possible changes in the Law in Vietnam, the details and information will be updated continuously
- Foreign documents must be notarized and translated into Vietnamese with notarization.
- With the wholesale and retail industry, registration with the Department of Trade is required after the Department of Planning and Investment registration.
