How To Register Business Vietnam

Include the structure of the legal entity that the business operates under.

How to register business vietnam. The department of planning and investment also issues this certificate. How to register a vietnam company step by step guides we help foreign investors register their own company in vietnam. Foreign or local company set up. Submit the abbreviated name to the companies registry. No company in vietnam should have already used the name you have submitted.

This second step the company license is the key to run your business legally. 3 tax registration and payment of the business license tax. Maybe you have been living in vietnam for a while and want to have your own business and leave the expat life. Companies in vietnam must also get a business registration certificate brc. Global business service gbs co ltd is a leading commercial law firm in vietnam providing business legal services investment consulting and other business support service company formation license arrangement commercial agreements mergers and acquisitions shareholder arrangements and disputes work permit employment contracts tax.

Our corporate establishment and licensing services are designed around simple and practical advice with clear processes from start to finish. In november 2016 vietnam s ministry of information and communications enforced registration rules on sim cards canceling over 12 million cards that had been illegally registered. However companies that operate in energy or mineral resources pay anywhere from 32 to 50 depending on location. All names must be submitted to the trade register in vietnam to make a reservation. Business registration in vietnam.

As a foreigner to vietnam it is important that you register your sim card with an approved provider. We guide investors through the government requirements removing the confusion and providing clarity for what can be an otherwise. Business tax rates in vietnam the corporate income tax rate for businesses in vietnam is 20. In some cases investors must register its investment policy with a provincial people s committee. The brc is also known as the enterprise registration certificate erc.

So you ve been looking around trying to find the best country and city to set up your business and found vietnam was a good choice due to its growing economy. Depending on which type of business you are running there is different pricing and time frames for receiving a company license in vietnam.