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Which regulations in setting up of foreign enterprises does the investor need to undertake in Vietnam?

The Enterprise Law 2014 taking effect from July, 1st 2015 specifies 4 forms of foreign investment in Vietnam

1/ Investment to enable the establishment of economic organizations: For the medium-scale and small-scale company.

2/ Investment in the form of a contribution of capital, buying stock, the capital invested in an economic organization: For the medium-scale and small-scale company.

3/ Investment in the contractual form of PPP – Public Private Partnerships: For the large-scale company

4/ Investment in the contractual form of BCC – Business cooperation contract: For the large-scale company

Procedures a foreign investor need to conduct to establish a company in Vietnam:

1/ Prepare company documents

2/ Documents translation/ embassy notarization

3/ Checking the proposed Vietnam company name

4/ Prepare the M&A and application form

5/ Evaluation of investment project by related authorities

6/ Issuance of the enterprise registration certificate

7/ Seal registration, open bank account

8/ Tax, customs, and environmental protection registration

With many experienced-years in setting up foreign companies in Vietnam, ASCTAX consults types of companies under the needs of the investor, certain sectors which Vietnam encourages foreign investment, procedures of establishing the foreign company with the fastest, most economical and most trusted way.

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