Service of establishing foreign invested company in Hanoi

The service of establishing a foreign-invested company in Hanoi by fdiinvietnam.com has a total cost of 23,000,000 VND, completed after about 25 – 30 working days.

It can be said that Hanoi is one of the areas that attracts foreign investors extremely strongly, catching the “green eye” of many FDI giants. This can be clearly seen through the report results of the Hanoi City Statistics Office, in the first 9 months of 2022, the whole city attracted 1,019 million USD of FDI capital (an increase of 18% over the same period last year). 

2 ways to establish a foreign-invested company in Hanoi

Currently, depending on specific capital contribution conditions, investors can choose to establish a foreign-invested company in Hanoi in one of the following two ways:

  • Method 1: Register for investment certificate (establish foreign-invested company directly);
  • Method 2: Contribute capital, buy shares, buy capital contributions to a company in Hanoi (establish a foreign-owned company in the form of transfer).

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If you are wondering and do not know how to establish a company, you can refer to the following article to find the appropriate answer.

See also:

>> How to establish a foreign invested enterprise;

>>  Compare the advantages and disadvantages of direct investment and transfer.

Foreign invested company establishment service in Hanoi by fdiinvietnam.com

Establishing a company is the form most chosen by foreign investors when they want to invest and officially carry out business activities in the Hanoi market in particular and Vietnam in general. 

However, in reality, the procedures for establishing a foreign-owned company are not as simple as the procedures for establishing a 100% Vietnamese-owned company. 

1. Total cost of establishing a foreign invested company in Hanoi

Direct investment form Form of transfer
30,000,000 VND 23,000,000 VND

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2. Time to complete procedures for establishing a foreign-invested company in Hanoi by fdiinvietnam.com

Direct investment form Form of transfer
It takes about 40 – 45 working days for fdiinvietnam.com to complete the procedures:

  • Register for investment certificate
  • Register to establish a business, a company with foreign capital
Approximately 25 – 30 working days for fdiinvietnam.com to complete the procedures:

  • Register to establish a company with 100% Vietnamese capital
  • Transfer of capital from Vietnamese shareholders to foreign shareholders
3. Results received
Direct investment form Form of transfer
  • Company seal
  • Investment Certificate
  • Certificate of Business Registration
  • Company seal
  • Notice on meeting the conditions for capital contribution, share purchase, and capital repurchase of foreign investors
  • New Business Registration Certificate

4. The mission of fdiinvietnam.com when providing services to establish foreign-invested companies in Hanoi

With the above all-inclusive service fee, fdiinvietnam.com will complete all necessary procedures for you such as:

Direct investment form Form of transfer
  • Drafting application for investment certificate and registration for establishment of foreign-invested company
  • Document signing with customer
  • Submit application to Hanoi Department of Planning and Investment
  • Get legal round seal and business license
  • Consulting on post-establishment procedures
  • Prepare all necessary documents in the dossier for establishing a foreign-invested company according to information on capital, industry, and owner.
  • Present to customers to sign company establishment documents on site
  • Submit company establishment documents to Hanoi Department of Planning and Investment
  • Get legal round seal and business license
  • Consulting on post-establishment procedures

5. Information provided by customers when using the service of establishing a foreign-invested company in Hanoi of fdiinvietnam.com

Depending on the method of business establishment, the information that customers need to provide to fdiinvietnam.com when using the service of establishing a foreign-invested company in Hanoi is different. Specifically:

➤ For direct investment (establishing a company with 100% foreign capital):

  • Information about the proposed company establishment such as: charter capital, head office address, company name, registered business lines, etc.;
  • Head office lease contract, documents proving the lessor’s right to lease such as notarized red book, business registration certificate with real estate business function of the lessor or other equivalent documents;
  • For individual investors:
    • Bank account statement proving full capital contribution;
    • Valid copy of foreign investor’s passport – 2 copies;
    • Valid copy of Vietnamese citizen’s ID card/passport (in case Vietnamese people contribute capital) – 2 copies;
  • For institutional investors:
    • Notarized passport of the organization representative;
    • Business registration certificate legalized by consulate and notarized translation;
    • Financial statements for the last 2 years have been consularly legalized.

➤ For transfer form:

  • Expected establishment information such as: charter capital, head office address, company name, registered business lines…;
  • Certified copies of documents:
    • ID card/citizen ID card/passport of Vietnamese (to establish a company with 100% Vietnamese capital) and capital contributing members;
    • Foreign investor’s passport – 3 copies (if the investor is an individual);
    • Consularized business registration certificate – 2 copies (if the investor is an organization).

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Basically, the procedures for establishing a foreign-invested enterprise in Hanoi are similar to those in other provinces and cities in Vietnam. Therefore, if investors want to carry out the procedures for establishing a foreign-invested company themselves, they can refer to the detailed instructions on the documents and procedures for establishment in the following article.

See also: 

>> How to establish a foreign-invested company in the form of direct investment; 

>> How to establish a foreign-invested company in the form of transfer.

3 conditions for establishing a foreign-invested company in Hanoi 

To establish a foreign company in Hanoi, you need to meet the following 3 conditions:

Subject conditions Foreign investors are allowed to establish a company in Hanoi when:

  • Not prosecuted
  • Have nationality of WTO member
  • Not in the period of serving a sentence
  • Of legal age and civil capacity
Conditions on business lines The registered business lines of a foreign-invested company must not be included in the list of industries and trades that foreign investors are not allowed to access the Vietnamese market.
Market access conditions for foreign investors
  • Strictly comply with commitment 318/WTO/CK corresponding to the scope of activities and business services of Vietnam
  • In case the registered investment industry or profession is on the list of industries or professions with restricted market access for foreign investors, you need to meet the conditions on scope of operation, form of investment, ratio of charter capital ownership of foreign investors in economic organizations… to be able to conduct business activities in Hanoi. 

 

Frequently asked questions when establishing a foreign-invested company in Hanoi

1. How much is the fee for establishing a 100% foreign-owned company in Hanoi at fdiinvietnam.com?

fdiinvietnam.com provides the service of establishing a 100% foreign-owned company in Hanoi with a package fee of only 30,000,000 VND. 

➨ Contact fdiinvietnam.com at  0978 578 866 (North) – 033 9962 333 (Central) – 033 9962 333 (South)  for free consultation support.


2. How can a 100% foreign-owned enterprise be established in Hanoi?

There are two ways to establish a 100% foreign-invested enterprise in Hanoi:

  • Method 1: Register for investment certificate (establish foreign-invested company directly);
  • Method 2: Contribute capital, buy shares, buy capital contributions to a company in Hanoi (establish a foreign-owned company in the form of transfer).

3. What conditions must foreign investors meet when establishing a foreign-invested company in Hanoi?

To establish a foreign company in Hanoi, you need to meet the following 3 conditions:

  1. Subject conditions;
  2. Conditions on business lines;
  3. Market access conditions for foreign investors.

>> See more: 3 conditions for establishing a foreign company in Hanoi


4. How long does it take to establish a foreign invested company in Hanoi?

The procedure for establishing a foreign-invested company in Hanoi by fdiinvietnam.com is completed within 20 days (depending on the form of direct or indirect investment as well as the specific case file). 


Call us at  0978 578 866 (North) – 033 9962 333 (Central) – 033 9962 333 (South)  for support.

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