Investor qualification. The investor can be a natural person or a legal person, and must be 18 years old and have full capacity for civil conduct. Require investors to provide identification documents.
Registered capital. The minimum registered capital of foreign-invested companies is US$ 654.38 million, that of limited liability companies is VND 2 billion, and that of joint stock limited companies is VND 10 billion.
Company name. The company name must comply with Vietnamese laws and regulations, conform to the business scope of the company, and be approved by the Ministry of Planning and Investment of Vietnam.
Registered address. The company needs to set up a registered address in Vietnam and obtain the approval of the Ministry of Planning and Investment of Vietnam.
Scope of business. When applying for registration, the company shall specify its business scope, which shall comply with Vietnamese laws.
Treatment process. Investors are required to submit application documents to the Ministry of Planning and Investment of Vietnam, and an investment registration certificate will be issued after approval. With this certificate, investors can go to other relevant departments for business licenses, tax registration certificates and other procedures.
Board member. The company needs at least one executive director, and the number of shareholders of the company shall not be less than 2.
Abide by laws and regulations. After successful registration, the company must abide by local laws and regulations, including labor law, tax law and environmental law.
Articles of association. The articles of association of the company shall comply with the relevant laws and regulations of Vietnam and be approved by the government.
Bank account. After the company is registered, it needs to open a bank account for business management.
There are a series of steps to register a company in Vietnam. First of all, check the name of the company to be established to ensure that the name has not been used by other companies, and obtain the industrial and commercial registration certificate and tax registration certificate from the local industrial and commercial registration under the Ministry of Planning and Investment. Next, make the company seal and submit it to the commercial registration authority for registration. After successful registration, you can open a bank account for the company's financial transactions. At the same time, you need to go to the municipal tax department to buy pre-printed VAT invoices, or obtain and print self-printed VAT invoices for tax declaration. Then, publish the registration content on the national commercial registration portal for public inquiry. Then, pay the business license tax, register with the local labor bureau, and declare employment. Finally, register employee information in the social insurance fund office and pay medical insurance and social insurance for employees.
To sum up, according to different industries, it may be necessary to meet specific additional requirements, such as the specific proportion of shareholders and industry licenses.
Legal basis:
Provisions on examination and approval of overseas investment in establishing enterprises
Article 5
The Ministry of Commerce and the provincial commerce authorities shall examine and approve the establishment of enterprises by domestic enterprises overseas from the following aspects:
(a) the investment environment of the country (region);
(2) National (regional) security situation;
(three) the political and economic relations between the country (region) where the investment is located and China;
(4) overseas investment-oriented policies;
(5) Reasonable distribution of countries (regions);
(six) to fulfill the obligations of relevant international agreements;
(seven) to protect the legitimate rights and interests of enterprises.
Whether it is economically and technically feasible for domestic enterprises to invest and set up enterprises abroad is the responsibility of the enterprises themselves.