成立越南公司 - Sino-Aus

Vietnam is located in the eastern part of the Indochina Peninsula, bordering China's Guangxi and Yunnan to the north, and Laos and Cambodia to the west. In the past few years, Vietnam has been one of the fastest-growing economies in the world and one of the most open markets in Southeast Asia. Vietnam has joined the Asia-Pacific Economic Cooperation (APEC) and the Association of Southeast Asian Nations (ASEAN) on the one hand, and multilateral trade organizations such as the World Trade Organization (WTO) on the other. Vietnam has signed several new free trade agreements, especially the Vietnam-European Union Free Trade Agreement (EVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which will now make Vietnam a preferred destination for foreign investors.

A limited liability company is a common investment form for foreign investors to invest and operate businesses in Vietnam. When applying to register a wholly foreign-owned company in Ho Chi Minh City, Vietnam, it is required to provide the identity documents and address proof of each shareholder and director, the proposed registered capital and capital allocation percentage of the Vietnamese company (if there is more than one shareholder), the company's registered address, proof of the investor's financial ability, and the main business scope and business model of the Vietnamese company.

Under normal circumstances, if the business scope of the wholly foreign-owned company does not require additional licenses or permits, it will take about 70 to 90 working days to register a wholly foreign-owned company in Vietnam.

1. Determine the company name
The company name to be used cannot be the same or similar to a registered or reserved company name. We can assist customers in checking the company name to determine the availability of the company name to be used.
2. Prepare documents required for company registration
A wholly foreign-owned company that intends to register in Vietnam needs to submit relevant company establishment documents and registration forms to the Vietnam Department of Planning and Investment (DPI), and pay registration fees to complete the registration application. The Vietnam Department of Planning and Investment (DPI) will conduct a document review. If there are no problems, an Investment Registration Certificate (IRC) and an Enterprise Registration Certificate (ERC) will be issued. The registration number on the business registration certificate is the same as the tax registration number.
3. Open a bank account
After a wholly foreign-owned company is incorporated, it must apply for opening a bank account. Our firm can remotely open a Vietnamese company bank account for clients. Most of the information required for account opening will also be prepared by Huaao.
4.Tax registration
After the above matters are completed, the wholly foreign-owned company in Vietnam must announce the company information on the Vietnam National Enterprise Registration Portal. After that, the wholly foreign-owned company in Vietnam must register with the local tax administration department¹ and apply for a tax registration certificate.
According to legal regulations, newly established Vietnamese wholly foreign-owned companies should apply for tax registration to the Vietnamese tax administration department within 30 days of obtaining the enterprise registration certificate.

To register a wholly foreign-owned company in Vietnam, you need to provide the following documents and information:
1. Two to three Vietnamese wholly foreign-owned companies are to be named in English. The company name cannot be in Chinese or other foreign languages;
2. A photocopy of the passport of the shareholder of the Vietnamese wholly foreign-owned company and proof of address for the past three months (such as water and electricity bills, telephone bills or bank statements);
If the shareholder is a legal entity, the following registration files of the legal entity must be provided:
(1) Company registration certificate;
(2)Articles of Association;
(3) The most recent annual interim report, or the director’s employment certificate for the past six months (or other documents of the same nature describing the corporate structure of the legal entity);
(4) The latest list of directors and shareholders;
(5) A photocopy of the shareholder’s legal representative’s passport and proof of address for the past three months (such as water and electricity bills, telephone bills or bank statements);
3. A photocopy of the passport of the director of the Vietnamese wholly foreign-owned company and proof of address for the past three months (such as water and electricity bills, telephone bills or bank statements);
4. Proof of personal financial resources of the shareholders of the Vietnamese wholly foreign-owned company (i.e., certificate of bank deposit balance). The amount of funds on the deposit certificate should be greater than the amount the investor is prepared to invest in Vietnam to prove that the investor has the ability to invest in establishing a new company; if the shareholder is a legal entity, proof of the company’s financial resources (i.e., credit certificate of foreign bank deposits) is also required. The Vietnam Department of Planning and Investment (DPI) has the right to require legal entities to provide the latest audit report or other supplementary financial information, depending on the situation;
5. The amount of registered capital of a wholly foreign-owned company in Vietnam
6. Basic background information of the wholly foreign-owned company in Vietnam, such as business scope (main business), expected number of employees to be recruited, expected first-year turnover, etc.;
7. The proposed fiscal year of the Vietnamese wholly foreign-owned company (generally speaking, the Vietnamese fiscal year starts from January 1st to December 31st)