Service of establishing Chinese company in Vietnam – Full package

Service of establishing enterprises and companies with Chinese capital at fdiinvietnam.com from only 35,000,000 VND (transfer form), contact for quote (direct investment form).

Conditions for establishing foreign companies and Chinese-invested companies in Vietnam

Foreign-invested enterprises, specifically Chinese investors, wishing to establish a company in Vietnam must meet the following conditions:

➤ Do not do business or invest in prohibited areas, including:

• The project is harmful to national defense, security, as well as public interests;
• The project harms Vietnam’s relics, culture, ethics, and customs;
• Projects that affect human health, destroy resources, and damage the environment;
• Projects to treat hazardous waste brought from other countries into Vietnam or to produce toxic chemicals/use toxic agents prohibited by international treaties.

➤ Comply with regulations on investment fields, including:

• Have a suitable project location;
• Ensure environmental conditions, security and order;
• Have sufficient financial capacity and experience to carry out the project;
• Prepare full legal documents and information to establish a Chinese-invested company in Vietnam such as: company name, business type, business lines, etc.;
• If Chinese investors operate in conditional industries, they need to meet the requirements of that industry to apply for a sub-license and a certificate of eligibility to operate in accordance with the law.

Chinese company establishment service in Vietnam by Online Accounting

Online Accounting provides 2 service packages for establishing foreign-invested companies for Chinese investors to choose from:

1. Establish a Chinese company directly with Chinese capital;
2. Establish a company with Vietnamese capital and then transfer it to Chinese people.

1. Service of establishing a company with Chinese capital directly from the beginning

If the Chinese investor falls into one of the following two cases, he/she should choose the service of establishing a Chinese company in the form of direct investment (investment with Chinese capital) to obtain an investment license (*).

• Plan to implement large projects, projects related to the state;
• Intend to use legal status in Vietnam to invest abroad.

(*) Investment registration certificate is a mandatory condition for the above 2 cases.

➨ Total package cost: Contact fdiinvietnam.com for detailed quote!

➨ Total completion time: 40 – 45 working days;

➨ Results received include:

• Investment registration certificate;
• Certificate of business establishment, company seal.

➨ Information to provide to fdiinvietnam.com:

1. Chinese Investor Passport;
2. Contract for leasing location to implement investment project; 
3. Bank account statement of Chinese investor;
4. Profile of capacity and experience of Chinese investors;
5. Copy of Vietnamese ID card/passport (if there are Vietnamese capital contributors).

If the Chinese investor is an organization, please send more to fdiinvietnam.com:

1. Copy of financial statements for the last 2 years;
2. Copy of business registration certificate or other documents of equal value.

Note:

• All documents must be consular legalized and translated into certified Vietnamese;
• For the wholesale and retail sectors, after being licensed by the Department of Planning and Investment, business registration must be done at the Department of Industry and Trade before being allowed to operate;

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However, when providing company establishment services to Chinese people, fdiinvietnam.com often receives questions such as:

• Can Chinese investors use passports with notarized nine-dash lines?  
• Can a passport with the nine-dash line be used to register a business in Vietnam? 

Please contact Online Accounting immediately for free and quick consultation on issues related to establishing a Chinese-invested company in Vietnam. 

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2. Service of establishing a Vietnamese company and then transferring it to a Chinese person

➨ Total package cost: Only from 35,000,000 VND;

➨ Total completion time: 20 – 25 working days;

➨ The process of establishing a company with Vietnamese capital and then transferring it to a Chinese person at fdiinvietnam.com will take place as follows:

• Within 5 days: Carry out procedures to establish a 100% Vietnamese-owned enterprise;
• From 15 – 20 days: Carry out procedures to convert capital from Vietnamese shareholders to Chinese shareholders.

➨ Results received include: 

• Certificate of Business Incorporation;
• Company seal.

➨ Information to provide to fdiinvietnam.com:

1. Proposed establishment information: company name, address, charter capital, industry…;
2. Copy of ID card/passport of Vietnamese representative establishing 100% Vietnamese-owned company and capital contributors (2 copies);
3. For capital contributing organizations: Consularized copy of business registration certificate (2 copies);
4. For individuals contributing capital: Passport of Chinese investors to carry out procedures for transferring capital from Vietnamese shareholders to Chinese shareholders (3 copies).

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Procedures for establishing a Chinese-invested enterprise

As fdiinvietnam.com has shared, there are 2 ways to establish a company with Chinese capital in Vietnam, you can refer to the implementation procedure below.

1. Procedure for establishing a 100% Chinese-owned company from scratch

➤ Step 1: Apply for investment registration certificate.

Chinese investors can refer to the procedures and download the full set of documents to apply for an investment license for free in the article:

>> Procedures for applying for investment certificate for Chinese people.

➤ Step 2: Register to establish a Chinese-invested enterprise (business registration certificate).

Competent authority to issue business registration certificate

The Department of Planning and Investment where the Chinese-invested company has its headquarters will receive and review the application for business registration. 

Within 3-5 working days, if the application is valid, the Department of Planning and Investment will issue a business registration certificate to the Chinese investor. If it is not valid, a written request will be sent for supplementation and modification.

>> Detailed instructions: Company establishment process.

2. Procedures for opening a Vietnamese capital company and then transferring it

➤ Step 1: Establish a 100% Vietnamese-owned enterprise;

>> See more: Instructions for company registration.

➤ Step 2: Carry out procedures to transfer capital to Chinese people.

>> See more: Procedures for transferring capital contributions to Chinese people.

Questions about foreign company establishment service with Chinese capital

1. Cost of establishing a Chinese company in Vietnam by fdiinvietnam.com?

Depending on whether the customer chooses to establish a company with Chinese capital directly from the beginning or establish a Vietnamese company and then transfer it to a Chinese person, the service cost at fdiinvietnam.com will vary.

➨ Call fdiinvietnam.com at 0978 578 866 (North),  033 9962 333 (Central)  or  033 9962 333 (South) for free consultation.

2. How long does it take to complete the service of establishing a company with Chinese capital at fdiinvietnam.com?

• From 20 – 25 days for the service of establishing a company with Vietnamese capital and then transferring it to a Chinese person;
• From 40 – 45 days for the service of establishing a company with Chinese capital directly from the beginning.

>> See details: Service of establishing Chinese companies in Vietnam.

3. Procedures for opening a Chinese company in Vietnam?

There are 2 ways to register a Chinese-invested company in Vietnam:

• Method 1: Direct investment with 100% Chinese capital;
• Method 2: Transfer using Vietnamese capital.

>> See more: Procedures for establishing a business with Chinese investment capital.

4. Conditions for establishing a company with Chinese capital in Vietnam?

Chinese investors wishing to open a company in Vietnam must ensure that they meet the following conditions:

• Do not invest or do business in prohibited fields in Vietnam;
• Comply with investment regulations.

>> See details: Conditions for establishing a Chinese-invested company in Vietnam.

5. Which Chinese enterprises are required to make direct investments?

Chinese companies in the following two cases are required to establish a 100% Chinese-owned company directly from the beginning:

• Planning to implement large projects or projects related to the state;
• Want to have legal status in Vietnam to invest abroad.

Contact fdiinvietnam.com at 0978 578 866 (North),  033 9962 333 (Central)  or  033 9962 333 (South) for free consultation on the service.