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Some notices when investors want to bring their family go to investment country – Vietnam (series 3)

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…

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Some notices when investors want to bring their family go to investment country – Vietnam (Series 2)

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…

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Enterprise FDI performs periodic reports on investment activities in Vietnam

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…

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Procedure for opening a direct investment capital account in Viet Nam

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…

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Principles of opening a direct investment capital account in Viet Nam

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…

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Investment capital account of foreign investors in Viet Nam

Investment capital account is a type of payment account in Viet Nam dong or in a foreign currency opened by a foreign-invested enterprise at a bank allowed to carry out income and expenditure transactions related to investment activities in Viet Nam. Currently, there are two types of investment capital accounts, namely indirect investment capital account…

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