Foreign companies in Ho Chi Minh City? List of enterprises ? According to Article 3, Clause 21 of the Investment Law, “Economic organizations include enterprises, cooperatives, cooperatives, trade unions and other organizations established and operated under the provisions of Vietnamese law. It is an organization. The process of business activities as business investment activities.” “A foreign investment economic organization is an economic organization in which foreign investors are members or shareholders.” (Article 22, Article 3 of the Investment Law ) However , many people still do not understand this issue. To know more about this issue, please write below. .
Start your quest to set up a 100% foreign-invested company in Vietnam and learn the key points to keep in mind to succeed in this opportunistic business environment .
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
Mục lục
What is a foreign- affiliated company?
Although the 2020 Investment Law does not have any specific provisions regarding the definition of a foreign-invested company, the following definitions can be used to understand a foreign-invested company . According to Article 3, Clause 21 of the Investment Law, “Economic organizations are organizations established and operated under the provisions of Vietnamese law, including enterprises, cooperatives, cooperatives, trade unions and other organizations . A process activity that conducts business as an investment. ”
On the other hand, “a foreign investment economic organization is an economic organization in which foreign investors are members or shareholders.” ( Article 3 , Paragraph 22 of the Investment Law ) . Investment capital is money and other assets defined in the civil law and international treaties to which the Socialist Republic of Vietnam is a signatory for carrying out investment and business activities (Article 3, Article 23 of the Investment Law ) .
“Foreign investor means an individual with foreign nationality or an organization established under foreign law that carries out the activities of a foreign investor in Vietnam.” (Article 3 , Paragraph 19 of the Investment Law ) .
From the above definition, it can be understood that a foreign-invested enterprise is an enterprise established according to Vietnamese law and established or joined by investors who are individuals or foreign individuals and organizations. We provide funds to carry out business activities in Vietnam .
Characteristics of foreign – affiliated companies.
– About members, shareholders and owners. The members, shareholders, and owners of a foreign investment company are foreign investors. Foreign investor means an individual of foreign nationality or an organization established under foreign law that carries out business investment activities in Vietnam .
–About effective ownership rate. Foreign investors are allowed to own unlimited charter capital in economic entities .
Except in the following cases. Ownership percentage of foreign investors in sealed companies, public companies, securities exchange institutions and securities investment recovery under securities laws .
The proportion of ownership of state-owned enterprises by foreign investors that is recognized or converted into other forms shall be in accordance with the law on capitalization and transformation of state-owned enterprises .
The ownership percentage of foreign investors that do not fall under the above two cases shall be governed by other provisions of the laws to which the Socialist Republic of Vietnam is a party and international treaties .
–Business field Foreign-invested enterprises are not permitted to carry out the activities of business investors in the industries and specialized fields specified in Article 6 and Annexes 1 , 2 and 3 of this Law. For service sectors and sub-sectors that are not yet committed to or designated in Vietnam’s Schedule of Commitments in the WTO and other international treaties on investment, which Vietnamese law provides as investment conditions for foreign investors, the provisions of Vietnamese law shall apply.
WTO member countries conducting investment activities in Vietnam are subject to the same investment conditions as investors from other WTO countries and regions, unless otherwise provided by law or international treaty between Vietnam and that country. have the right to receive region .
– About the procedure for setting and changing activity details. Before establishing a foreign investment company, a foreign investor must implement an investment project and complete the procedures for issuing an investment registration certificate as stipulated in Article 38 of the Investment Law of 2020 . Foreign investors must obtain an investment registration certificate after obtaining an investment registration certificate. Please continue to update your enterprise registration certificate application in accordance with the provisions of the Enterprise Law 2020 .
If a foreign-funded enterprise changes its business registration information, which is investment registration information, during business operations, it is required to register the investment registration information written on the registration certificate with the national competent authority.
Characteristics of foreign companies
– About members, shareholders and owners. The members, shareholders, and owners of a foreign investment company are foreign investors. Foreign investor means an individual of foreign nationality or an organization established under foreign law that carries out business investment activities in Vietnam .
–About effective ownership rate
Foreign investors are allowed to own unlimited charter capital in economic entities .
Except in the following cases. Ownership percentage of foreign investors in sealed companies, public companies, securities exchange institutions and securities investment recovery under securities laws .
The proportion of ownership of state-owned enterprises by foreign investors that is recognized or converted into other forms shall be in accordance with the law on capitalization and transformation of state-owned enterprises .
The ownership percentage of foreign investors that do not fall under the above two cases shall be governed by other provisions of the laws to which the Socialist Republic of Vietnam is a party and international treaties .
–About the business content
Foreign-invested enterprises are not permitted to carry out business investment activities in the industries and specialized fields specified in Article 6 of the Investment Law and Schedules 1 , 2 , and 3 .
For service sectors and sub-sectors that are not yet committed to or designated in Vietnam’s Schedule of Commitments in the WTO and other international treaties on investment, which Vietnamese law provides as investment conditions for foreign investors, the provisions of Vietnamese law shall apply. Apply .
WTO member countries conducting investment activities in Vietnam are subject to the same investment conditions as investors from other WTO countries and regions, unless otherwise provided by law or international treaty between Vietnam and that country. have the right to receive region.
– Procedures for setting and changing activity details .
Before establishing a foreign investment company, a foreign investor must implement an investment project and complete the procedures for issuing an investment registration certificate as stipulated in Article 38 of the Investment Law of 2020 . Foreign investors must obtain an investment registration certificate after obtaining an investment registration certificate. Please continue to update your enterprise registration certificate application in accordance with the provisions of the Enterprise Law 2020 .
If a foreign-funded enterprise changes its business registration information, which is investment registration information, during business operations, it is required to register the investment registration information written on the registration certificate with the national competent authority.
List of top foreign companies in Ho Chi Minh City
1 Visingpack Packaging Industry Limited Packaging, materials
2Aon Vietnam Insurance Co., Ltd.
3 Sino-Pacific Construction Consulting Ltd. Concrete, construction products
4 Vietnam Mixed Concrete Limited Concrete – Fresh Mix
5 Colliers International Apartments for Rent – For Sale
6 Daitan Machine Industry Co., Ltd. Contracting/ Outsourcing
7 Petronas Carigari Petroleum
8 Ace Chemicals Co., Ltd.
9 Chen Xiang & Partners Lawyers
10 Jentech Vietnam Limited Computer – Software Development
12 beable design mattress, mattress
13 Express Delivery DHL – VNPT Postal, Courier Service
14 Michael Weining Asia – Wooden Office, Wooden Equipment Provided
15 Sayap Mas Utama – Cosmetic Chemistry VPDD
16 Korea Institute of Industrial Technology – Machinery Room
17 Kum Kang – Apparel Vpdd
18 Olam Vietnam Agriculture Products Limited
19 Vietnam gold jewelry manufacturing and trading jewelry, jewelry
20 Kakoboko Beauty Salon Limited
21 Rarity Vietnam Trading Limited
22 Top Vision Industries Vietnam Ltd.Painting – Frame
23 RMIT International University Vietnam Training and Education Center
24 Cetana PSB Intellis – International college Training & Education Center
25 keppel land Vietnam Real Estate – Real Estate Vpdd
26 HYDAC Int’l Vietnam – Vpdd Water Purification System
27 maximum Singapore wine 28 stem call Vietnam steel
29 Wallem Kaiun ocean shipping
30 Agfa Asean Sdn Bhd Medical Equipment Supply
31 Chentan Communication Trading Co., Ltd.
32 Hyundai Vinamotor Truong An Ltd. Car for sale
33 Sari Industries Pipe
34 Thang Long Thiet Fire Equipment Co., Ltd., Fire Prevention and Firefighting Sisters
35 Oxford University – Book Sales Office
36 management magazines Magazine Publisher 37 Quang Nam Food & Service Co., Ltd.
38 BK Vietnam Ltd. Survey – Quantitative
39 Union Insurance Co., Ltd. union insurance
40 JS Technical service Petroleum, oil and gas supplies and equipment
Frequently asked questions
What does an investment certificate include?
–Name of investment project. Dear investors. Investment project code. Investment project location, land use area. The purpose and size of the investment project. Investment capital of investment projects (including investor capital and mobilized capital). The operational period of the investment project. Implementation status of investment projects .
What if I need an investment registration certificate ?
– Investment projects of foreign investors. Investment projects in economic entities that are partnerships, where foreign investors owning 50% or more of the charter capital or the majority of the general partners are foreigners. Investment projects with economic organizations that are partnerships that hold more than 50% of the established capital . There are foreign investors and economic organizations that are partnerships that hold more than 50% of the charter capital .
If I lose my investment registration certificate, how can I apply for a replacement ?
shall consider and reissue the written request for reissuance of the investment registration certificate within five business days from the date of receipt .
Can I adjust my license if I lose my investment registration certificate ?
According to the regulations, when a company adjusts an investment registration certificate, it must return the original issued investment registration certificate when receiving the adjusted investment registration certificate. Therefore, if an enterprise discovers that it has lost the original investment registration certificate when adjusting the investment registration certificate, it must carry out the loss reporting procedure in parallel with the investment registration certificate adjustment procedure. .
The above is information about foreign companies in Ho Chi Minh City. We hope that the information provided by Quoc Bao method will be helpful in answering your questions regarding the above issues. If you need assistance, please feel free to contact Quoc Bao Law Firm . Get quick support. Quoc Bao Law is committed to helping our clients have the best possible experience with the services we provide. We are always legally with you .
Foreign invested company establishment service At Quoc Bao Law Office
Quoc Bao Law specializes in foreign investment services
Quoc Bao Law Office is proud to be a leading unit in foreign company establishment consulting services, always ensuring that all legal issues are resolved .
Quoc Bao Law determines that it is not capable of guaranteeing the customer, the project will not be accepted. We always quote package prices and guarantee that there will be no cost to you. Customers who use Quoc Bao Law ‘s services rarely need to travel (from consultation, quotation, contract, document collection, document signing) .
Quoc Bao Law has a dedicated support and on-site service team. Providing your profile is very easy. Quoc Bao Law drafts all documents related to foreign-invested enterprise establishment services on behalf of customers, and our dedicated staff always guides the implementation in accordance with the law, and provides documents at a reasonable and economical cost for businesses.
100% foreign-invested company in Vietnam and learn the key points to keep in mind to succeed in this opportunistic business environment .
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
