Foreign and local investors have shown a significant interest in establishing businesses in Ho Chi Minh City. When starting a corporation, foreign investors are free to pick from various legal structures, including limited liability companies, joint stock companies, etc. A foreign investor planning to set up company in hochiminh City is well advised to seek the counsel of a legal firm in Vietnam. Time is saved, and the most comprehensive and expert data is obtained.
Whatever kind of business did you set up?
Foreigners possess 49% of a Vietnam firm if there are between 2 and 50 members in the Co., Ltd., or if the Co., Ltd., has just one member.
License Company:
As a first step, gathering as much relevant information as possible can help you run your company more efficiently and avoid breaking any Vietnamese regulations. The second step is acquiring a business license, which is necessary for operating lawfully.
Licenses for establishments in Vietnam may be obtained for various sums of money and in varying amounts of time. The tax ID and official business seal are included in all of our shipments.
Office Space:
You’ve recently increased your budget and expectations, and we can still fulfill them, since we handle brokerage and leasing virtually in district 7. We can also help you with your monthly tax reporting, bookkeeping, and other business needs in Vietnam.
Publish the business registration content:
Within 30 days after receiving the ERC and IRC, the investor must post the following information about the business to the national enterprise registration portal:
First, the kind of businesses that make up a joint-stock company; second, a list of the original owners and any foreign investors in that company.
Business stamp and stamp notice:
The business may create its own stamp in any shape, size and with whatever information it sees fit. The following details must appear on the stamp’s content:
Business code, IRC and ERC:
Before an organization may begin using its legal entity stamp, it must first submit a notification on the stamp of the organization to the business registration office for inclusion in the National Information Portal on the registration of businesses.
Ho Chi Minh City firm creation requires a bank account:
A capital investment account to receive the investment amount and a transaction account to perform daily transactions in Vietnam must be opened by investors in order to utilize Tax and Token (Tax Department check).
According to the aforementioned procedures, VINASC offers comprehensive services for set-up business in Ho Chi Minh City.
Certificate of Investment Registration
Certificate of Business Registration
Office Space
Rubber Stamp
Business Bank Account Opening
We will consult with companies and offer them services and solutions at the same time we are putting in place the processes necessary to officially launch the firm. When compared to other consulting firms, Vinasc excels in many areas. These include auditing, accounting, and tax advisory services.
What paperwork is necessary to form an LLC?
When registering a limited liability company (LLC), you’ll need to submit a few different paperwork. In addition, the list might be other depending on the investment proposal and whether or not the firm will be held entirely or substantially by foreign investors. Below is a list of some of the needed papers.
- Document confirming the minimum needed amount of capital investment;
- Articles of Association certificate
- Proof of Registered Address
- Information on the Shareholders or Members of the LLC
- Business Plan is containing the Investment Project and the Amount of Money Invested
- Information on Company Director or Legal Representative and Power of Attorney.
- The previous papers need to have their Vietnamese versions notarized and translated.
