To become the foreign investor in Vietnam, the object must have two conditions: – First, individuals with foreign nationally or organizations established under the laws of foreign; – Second, they carry out business investment activities in the Vietnam market; [1] Article 3.19 The Law on Investment 2020
Read article
13. What applications do investor’s children need to prepare to move to Vietnam school? – Admission application which signed by parents; – Resume summary; – Copy and Vietnamese translation of necessary certificates (evidence or confirmation from the competent and authority of the country sending the training is required); – Transcript or school confirmation of academic…
Read article
Continuing Series 1 – Some notices when investors want to bring their family go to investment country – Vietnam, foreign investors and NTLaw will further explore the aspects related to foreign investors engaging in business activities in Vietnam. 7. Agency, processing time for procedures of granting Business Registration Certificate? – After preparing the application, investors…
Read article
When investing in countries, many investors want to save most of the time traveling between the investment country and their home country, so they decide to bring their whole family to the investment country, and that is too rare in the Vietnamese market. It is easy to come across practical situations such as the case…
Read article
Enterprises foreign investment, when operating in Vietnam, must perform 5 types of investment reports each year. A. Reports on invesment activities in Vietnam[1] Periodic reports on a quarterly basis Periodic reports on an annual basic Report form Form A.III.1 Form A.III.2 Report time Before dates April 10th; July 10th September 10th; January 10th the…
Read article
Question: I am a Japanese investor and I intend to invest in a company in Viet Nam. The main activity in the Vietnamese company that I plan to operate is selling foods, such as dried fruits, cashews, etc. to consumers through e-commerce websites, such as Shopee, Lazada in Viet Nam. Then, when buying and selling…
Read article
This is a new detailing of the law for recruiting foreign labor in Vietnam starting from January 1, 2024. Enterprises are only allowed to recruit foreign labor after posting announcements of Vietnamese labor recruitment on the official Website portal of the Ministry of Labor – Invalids and Social Affairs of Vietnam or on the Website…
Read article
Question: I am a foreigner, not residing in Viet Nam but in Singapore. I start to plan to invest capital in a company in Viet Nam. But in order for the company to operate, it needs to be transferred a source of money to carry out the business. So in my case, do I need…
Read article
Question: I am a foreigner having American nationality. I want to set up a business in Viet Nam to make an investment. As far as I know, investing in Viet Nam requires opening an account, called an investment capital account, to conduct money transfers and prepare for investment activities. So, to open that account, what…
Read article
Question: I am a foreigner. I have just established a two-member limited liability company in Viet Nam. I also have an investment certificate. Based on my research, setting up a business means a need for a direct investment capital account (DICA). However, I’m quite unsure whether I can open multiple types of accounts (DICA) or…
Read article