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
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…
Read article
With the pace of modern life, means of transportation becomes more advanced, the economy is growing day by day. Also, the need for discovery, travel, business, and life in foreign countries arises considerably. Accommodation is one of the issues that draw much attention to foreigners when they come to Viet Nam. A question was sent…
Read article
In the context of business and investment activities constantly developing, the number of investment projects that need to carry out procedures for approval of investment policies from competent state agencies is becoming more and more common. Meanwhile, the Law on Investment 2020 has many amendments in the order and procedures for approving investment policies, making…
Read article
– Foreign investors can sign the investment contract (PPP Contract). This investment method is carried out on the basis of term-term cooperation between the State and the investor. – BCC contract is a form of investment signed between investors for business cooperation, profit sharing, and product division without establishing a new legal entity. BCC contracts…
Read article
– After preparing the application, investors will submit to the Business Registration Office – Department of Planning and Investment – Processing time is within 05-07 working days, from the date of receipt of complete and valid documents. Explore additional information about investing in Vietnam for investor: – Do investors submit the tax for the authorized…
Read article
– Application for business registration; – Company charter; – List of members/ List of founding shareholders and shareholders who are foreign investors; – Establishment decision, Business registration certificate of the organization and authorization document; Legal personal identification documents of the authorized representative of the organizational member – Copy: + Passport of individual members; + Business…
Read article
1. Before applying for an Investment Registration Certificate, in some cases investors must register their investment policies under the authority of the National Assembly, the Prime Minister or the People’s Committee provincial people. After the investment policy has been approved. The investment registration agency issues Investment Registration Certificates for investment projects subject to investment policy…
Read article