Pursuant:
Law 61/2020/QH14 on Investment
Law 59/2020/QH14 on Enterprises
1. Requirements, conditions
1.1. Business fields must be allowed by law:
– Banned business lines [click here]
– Conditional business lines [click here]
1.2. Passport (person), Operating license certificate (company).
1.3. Documents proves investor’s financial capacity:
Vietnam bank confimation letter of investor’s account balance, or other relevant document proving financial capacity.
1.4. Documents to prove investor has rented a place for company’s headquarter, or the place where the project will be implemented:
– Lease Agreement, and
– Documents proving the lessor’s rights to lease the place.
Note: The apartment in the apartment building (to live in) will not be approved by competent authority.
2. Investor’s options:
2.1. The types of enterprise
Investor can choose one of the popular types of enterprises as follows:
– Single-member limited liabilty company (only 1 member).
– Multi-member limited liability company (from 2 to 50 member).
– Joint stock company (unlimited members).
2.2. Chapter capital:
The investor can choose the amount of chapter capital suitable to business fields. However, the legal capital will be applied with conditional business lines.
2. Steps of establishment:
2.1. Step 1: Apply for approval to be granted the investment certificate.
2.2. Step 2: Apply for approval to be granted the business registration certificate.
2.3. Step 3: Making the company seal and Director seal.