Easy registration of a Vietnamese company
Registering overseas Vietnamese companies has advantages such as superior geographical location, tax incentives, low labor costs, great market potential, political stability and safe investment environment, extensive trade relations and abundant human resources. These advantages provide companies with better development opportunities and market prospects.
Advantages of registering a company in Vietnam
Tax incentives
To attract foreign investment, the Vietnamese government has provided tax incentives, such as corporate income tax exemptions and import tariff concessions. These policies help reduce corporate operating costs and improve competitiveness.
Huge market potential
Vietnam has a population of nearly 100 million, with a high proportion of young people and huge consumption potential. With the growth of Vietnam's economy and the improvement of people's living standards, market demand will continue to expand, providing companies with a broad market space.
Rich human resources
Vietnam has a large number of well-educated laborers with increasing skills. This makes it easier for companies registered in Vietnam to recruit suitable talents and improve production efficiency and product quality.
Superior location
Vietnam is located in the center of Southeast Asia, close to China and other important markets, which facilitates import and export trade. Its seaports and airports are well-equipped, which helps reduce transportation costs and time.
Extensive trade relations
Vietnam is a member of the Association of Southeast Asian Nations, the ASEAN Free Trade Area and the World Trade Organization, and has signed free trade agreements with many countries. This allows companies registered in Vietnam to enjoy a wider range of trade preferences and conveniences, and promote the development of international trade.
Political stability and safe investment environment
Vietnam is politically stable and has a relatively safe investment environment, providing a stable operating environment for enterprises. The government has made efforts to improve the legal and institutional framework, and has established an open business environment, transparent investment policies, and policies that encourage the development of enterprises.
Information required for registering a Vietnamese company
Establishing a foreign-funded production company in Vietnam
1
:Company name verification: Please confirm the name of the company to be registered. It can be used after checking the register for no duplicate names;
2
:Confirm the identity and shareholding ratio of shareholders, provide personal identification and contact information, and sign a commission registration contract;
3
:Sign a complete set of company registration documents (submitted to the Vietnam Company Registry);
4
:Pay the deposit/full payment for the registered company;
5
:Prepare registration materials and conduct double diplomatic certification at the location;
6
:After the notarization materials are reviewed and found to be correct, send the originals to Vietnam for translation + notarization (10-15 working days);
7
:Use the translated + notarized materials to apply for an investment license in Vietnam (15-20 working days);
8
:After obtaining the investment license, apply for a business license and publish the seal (5-7 working days);
9
:Apply for a tax number.
Establishing a foreign-funded production company in Vietnam
1
:Business license of foreign company (notarized + double certification);
2
:The financial report of foreign company in the last 2 years has been audited (notarized + double certification);
3
:The full scan of the passport of the legal representative of the foreign company;
4
:The full scan of the passport of the legal representative of the company to be registered in Vietnam; ;
5
:If the investor is an individual, it is necessary to provide the bank deposit certificate of the foreign investor (the bank deposit of each investor is equivalent to the committed investment capital);
6
:Office rental contract;
7
:Legal documents related to the office;
8
:Project information: investment project name, target (industry), project implementation address, joint venture ratio of each joint venturer/shareholder (if any), project scale, number of workers.
9
:Equipment, machine list, production process.
Vietnamese company-related services
Tax filing service
Specific details may vary depending on the type, size and region of the company
Tax Registration
First, the company needs to register for tax in Vietnam to obtain a corporate income tax number (Tax ID).
Open a bank account
The company should open a bank account and synchronize sales revenue and expenditure with the account records.
Prepare tax return materials and submit them
Before filing taxes, you need to prepare and organize all relevant tax filing materials, such as financial statements, tax returns, corporate tax number documents, tax returns, etc.
Pay tax
Within the prescribed period, pay the calculated tax to the tax authorities.
Registration related fees
Company registration fee:
Bac Ninh Haiphong 48,000; Fangchenggang 75,000.
Address:
450 US dollars/month; deposit two and pay six.
Processing cycle:45-60 working days (including notarization and certification time).
Service Deliverables
Registration Certificate
Articles of Association
A set of seals
Company tax number documents
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