Fee for establishing a company with 100% foreign capital in Vietnam? Establishing a company with foreign capital is currently an attractive choice for investors when investing in Vietnam. It can be seen that this is a quite popular form and brings many advantages. However, many people are still wondering how much it costs to establish a foreign-invested company? Or what is the process of establishing a foreign-invested company? What documents need to be prepared? The following article of Quoc Bao Law will help you answer these questions in detail.
Begin your journey of discovery regarding investment procedures in Vietnam, where opportunities await and success is not far away !
Do you need advice or support on what you are looking for ? For help setting up a business in Vietnam, investing, applying for temporary residence cards and visas, entry permits and work permits, please contact Vietnam Contact Luật Quốc Bảo .
Please contact hotline /zalo : 0763387788 .
Address : 528 Le Van Sy , District 14 , District 3 , Ho Chi Minh City
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Mục lục
- 1 Process of establishing a foreign invested company
- 2 Documents customers need to prepare when establishing a foreign invested company
- 3 Cost of establishing a foreign invested company
- 4 Documents for establishing a foreign invested company
- 5 Services for establishing foreign invested companies at Quoc Bao Law
Process of establishing a foreign invested company
Before considering the current cost of establishing a foreign-invested company , we must also learn about common issues when establishing this type. The current process and time for establishing a 100% foreign-owned company will be carried out in the following order of steps to establish a company:
Step 1 : Carry out procedures to apply for an investment certificate from a competent state management agency. This procedure takes 30 – 45 working days.
Step 2 : Apply for a license to carry out business registration and establishment procedures for companies and enterprises. This procedure usually takes 3 – 5 days.
Step 3 : Announce to the state agency the content of business registration on the national portal, this procedure usually takes 1 day.
Step 4 : Engrave the seal, and carry out procedures to apply for a seal sample; The time to carry out this procedure is usually 3 working days.
Step 5 : Apply for a tax code with the state agency. This procedure usually takes 5-7 working days.
Step 6 : Open a bank account for a foreign invested company within 1 working day
Step 7 : Carry out procedures to declare license tax , this procedure usually takes 5 – 10 working days.
Documents customers need to prepare when establishing a foreign invested company
Many customers wonder what documents need to be prepared when using the service as well as finding out the costs of establishing a foreign-invested company. When registering to use US Law’s service to establish a 100% foreign-owned company, customers need to prepare the following documents:
- Legal passport according to the provisions of law of the foreign investor if the foreign investor is an individual
- The company’s legal business license, accompanied by the company’s 2-year financial statements, audited and copied, has been consularly legalized for institutional investors.
- Agreement/contract on office rental and implementation address as the company’s headquarters.
- Confirmation from a competent bank about the balance in the bank account of the individual investing in Vietnam.
So when coming to Quoc Bao Law, customers only need to prepare the above documents, and we will advise and guide you on the issues of documents and procedures as well as the costs of establishing a foreign-invested company. specifically for customers.
Cost of establishing a foreign invested company
The cost of establishing a company depends on the industry in which the company or individual investor registers the business. Below are the costs of establishing a 100% foreign-invested company that the National Security Law provides for your reference:
- Industry related to the service sector: 1,000 USD
- Industries related to trade activities – Import and export: 1,700 USD
- Occupations related to the manufacturing sector: 2,500 USD
- Conditional business lines: 3,000 USD
- Business projects with capital over 300 billion: Costs for establishing a foreign-invested company will be agreed upon.
=> Cost Establishing a company with foreign investment will include payment costs to state agencies and service costs for the company.
Documents for establishing a foreign invested company
To establish a business with 100% foreign investment in Vietnam, in addition to paying attention to the costs of establishing a company, investors also need to pay attention to obtaining an investment certificate before proceeding. Carry out procedures related to business establishment activities in the usual order.
4.1 Application for investment registration certificate
When implementing a business project produced in Vietnam by investors from abroad, it is necessary to carry out the procedures prescribed by law to be granted an investment registration certificate according to regulations. determined. Documents required for investment registration procedures include:
- A request for a competent authority to grant an investment license to foreigners according to the form issued by the state.
- Propose specific details about projects intended to invest in Vietnam.
- Legal proof from documents from competent authorities about the financial capacity of foreigners.
- ID card or passport of the investor in case the foreign businessman is an individual or relevant legal documents such as decision on establishment, license to carry out business registration…
=> The agency submitting the application for this procedure is the Investment Registration Agency.
- What documents are needed to establish a foreign-invested company in 2023?
- What are the procedures and procedures for establishing a foreign-invested company in 2023?
Documents for establishing a foreign invested company
In addition to the cost of establishing a foreign-invested company, many people pay attention to the documents to carry out the procedures. Individual businesses investing need to prepare dossiers including the following components:
- The charter of the enterprise depends on the type of company registered for establishment.
- Documents requesting company registration.
Copies of the following documents:
- Certificate of registration to carry out business establishment procedures or other corresponding legal documents of the organization, or can use the Passport, in addition, there must also be a power of attorney or personal authentication. Other legal investments of persons represented under the authorization of members investing in Vietnam are organizations.
- Passport or other legal personal identification of individual participants.
- For foreign investors, according to current law, an investment registration certificate is required.
- In cases where the members are foreign organizations, a copy of the business establishment registration certificate or corresponding legal document is required and must be legalized by the consulate.
- List of members participating in the establishment of the company.
- The procedure takes 3 to 5 working days from the time the complete and valid documents are received.
- The agency for individuals and organizations to submit applications is the business registration agency.
Services for establishing foreign invested companies at Quoc Bao Law
Company establishment services in general and for foreign-invested companies in particular are always considered the strength of Viet My Law. Nam Viet Luat’s company establishment procedures and processes as well as establishment costs are always followed according to a strict legal process, ensuring the best quality and service for customers and no errors. leftover. The service of implementing procedures for establishing foreign-invested companies at our company not only complies with current legal obligations and regulations, but our company establishment costs also ensure improved efficiency. proceed and save costs when making long-term investments by foreign investors in Vietnam. Specifically, Quoc Bao Law’s company opening service brings many advantages such as:
- Consulting on the model and organizational structure of company establishment;
- Legal advice on relationships between management positions;
- Consulting on methods of managing operations and operating the company;
- Consulting on rates and methods of implementing capital contribution procedures when establishing a foreign company;
- Consulting on the Rights and obligations of members contributing capital to the company;
- Consulting on profit sharing plans and handling obligations arising during the company’s operations;
- Consulting on other contents related to other operational processes at the request of customers.
- Detailed advice on the necessary costs of establishing a 100% foreign invested company that customers need to prepare.
Check and evaluate the legality of consulting requirements as well as thoughtful documents provided by customers
- Based on the requirements and documents provided by customers when establishing a foreign-invested company, Quoc Bao Law’s lawyers will analyze and evaluate the issues and legality, in accordance with the requirements. required to comply with work regulations;
- If a client needs our lawyers to participate in negotiations, meet and discuss with partners in establishing a company with foreign capital, Quoc Bao Law is always ready to arrange and take the time to ensure participation according to the law. according to customer requirements;
- Quoc Bao Law will represent customers to conduct notarized translation procedures for relevant documents.
In addition, when coming to us, the cost of establishing a company is always guaranteed to be reasonable and affordable compared to the market.
Customers across the country who are looking for a cheap company establishment unit , to establish a reputable and professional business, please contact us using the information below. It’s pleasure to serve you!
“Establishing 100% Foreign-Owned Companies in Vietnam – Quoc Bao Law Firm”
Quoc Bao Law Firm takes pride in offering professional and reliable services for the establishment of 100% foreign-owned companies in Vietnam. This process requires an in-depth understanding of the legal regulations and procedures associated with foreign-owned businesses in Vietnam. We are committed to assisting you in ensuring that all procedures are conducted in a lawful and expedient manner.
Our services encompass:
1. **Legal Consultation:** Our team of lawyers and experts will provide you with comprehensive legal advice regarding the regulations and conditions pertaining to the establishment of a 100% foreign-owned company in Vietnam. We will help you understand the process, document requirements, and specific timelines involved.
2. **Document Preparation:** We will assist you in gathering and preparing all necessary documentation to meet the requirements for establishing your foreign-owned company. This includes verifying the legality of documents and information required for the registration process.
3. **Company Establishment:** Quoc Bao Law Firm will handle the essential procedures for company establishment, including registration with the relevant authorities. We will act on your behalf throughout this process to ensure that all steps are completed accurately and within the specified timeframe.
4. **Follow-up and Updates:** After the company has been successfully established, we will continue to monitor the progress and inform you of any developments or changes related to your business operations in Vietnam.
Quoc Bao Law Firm is dedicated to accompanying you in ensuring a smooth and legally compliant process for establishing your 100% foreign-owned company in Vietnam, allowing you to enjoy a prosperous and secure business environment in this vibrant country.
Begin your journey of discovery regarding investment procedures in Vietnam, where opportunities await and success is not far away !
Do you need advice or support on what you are looking for ? For help setting up a business in Vietnam, investing, applying for temporary residence cards and visas, entry permits and work permits, please contact Vietnam Contact Luật Quốc Bảo .
Please contact hotline /zalo : 0763387788 .
Address : 528 Le Van Sy , District 14 , District 3 , Ho Chi Minh City
Facebook fan page : https://www.facebook.com
