Enterprise
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ESTABLISH FOREIGN BRANCH IN VIETNAM
On January 25, 2016, the Government enacted Decree No. 07/2016/NĐ-CP (providing detailed regulations on establishment of representative offices or branches of foreign traders in Vietnam under the Law on Commerce). The Decree No. 07/2016/NĐ-CP replaced the Decree No. 72/2006/NĐ-CP which was enacted on July 25, 2006. The Decree No. 07/2016/NĐ-CP become effective from March 10, 2016. To be granted the Establishment of Branch License, a foreign trader must satisfy the following conditions: The foreign trader was established or registered under the law of country or territory which is a member of any international agreement to which Vietnam is also a member or is recognized by the aforesaid country or territory; The foreign trader has been operated at least 05 years ... -
ESTABLISH 100% FDI ENTERPRISE IN VIET NAM
ESTABLISH 100% FDI ENTERPRISE IN VIET NAM The Law on Investment 2014 has become effective from July 1st 2015. According to these regulations, procedures for establishment of a 100% foreign-owned enterprise include the following steps: Step 1: Register investment policy at the People’s Committees of provinces: Foreign investors who invest in Vietnam shall have to perform procedures for requirement of the Certificate of Investment Registration. However, before performing this, under certain circumstances, investors shall have to register investment policy at the People’s Committees of provinces. Dossier includes: - A written request for permission for investment project execution; - If investor is an individual: a copy of ID card or passport; If investor is an organization: a copy of the Certificate of ...
