With experience in establishing 6021 foreign-invested companies in Vietnam (09/2007-09/2023), fdiinvietnam.com understands the difficulties of customers when preparing documents to establish a company themselves. This work will be simpler if you follow the instructions or use the foreign-invested company establishment service of fdiinvietnam.com. We provide services to traders from all countries, such as Chinese, Japanese, American, British, Korean, Singaporean, Malaysian, etc.
Service of establishing a company with Vietnamese capital and then transferring it
Total cost: North – 23,000,000 VND | Central 23,000,000 VND | South 15,000,000 VND
Time: 20 – 25 working days
The process of opening a foreign company with Vietnamese capital and then transferring it is as follows:
- Procedures for registering to establish a company with 100% Vietnamese capital: 5 days
- Transferring capital from Vietnamese shareholders to foreign shareholders: 15 – 20 days
4 things fdiinvietnam.com will do for you when establishing a foreign-invested company include:
- Prepare business establishment documents according to information on industry, capital, and owner;
- Meet customers directly to sign establishment documents;
- Submit company establishment documents to the Department of Planning and Investment;
- Get your business license and legal round seal.
When choosing the service of establishing a foreign company with the form of transfer at fdiinvietnam.com, you only need to provide the following documents and records:
- Proposed establishment information: company name, address, business lines, charter capital…;
- Notarized copy of ID card/CCCD/passport of Vietnamese to establish a 100% Vietnamese-owned company and capital contributing members (2 copies);
- If the investor is an individual: Notarized copy of the foreign investor’s passport to complete the capital transfer procedure from Vietnamese shareholders to foreign shareholders (3 copies);
- If the investment organization: Notarized copy of business registration certificate legalized by consulate (2 copies).
Note:
fdiinvietnam.com supports free consultation on information about planned establishment. Therefore, to avoid unwanted problems, you just need to share with fdiinvietnam.com your industry and intended business goals, fdiinvietnam.com will complete all procedures accurately and quickly for you.
Refer to more foreign company establishment service chain at fdiinvietnam.com:
>> Service of establishing companies with Chinese capital;
>> Foreign invested enterprises (USA, UK, Japan, Korea, Thailand, Singapore…).
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Service of establishing a company with foreign capital directly from the beginning
Total cost: North – 30,000,000 VND | Central – 25,000,000 VND | South – 30,000,000 VND
Total time: 40 – 45 working days
The procedure for establishing a foreign invested company is as follows:
- Investment registration (According to Vietnam’s Investment Law 2020 applicable to foreigners investing in Vietnam): 35 – 40 days
- Registration of establishment of foreign invested company or enterprise: 5 days
Documents to be prepared include:
Note:
Foreign documents must be consular legalized and translated into certified Vietnamese.
For wholesale and retail industries, after being licensed by the Department of Planning and Investment, they must register their business with the Department of Industry and Trade before they can operate.
With the form of direct investment, the enterprise will be granted an investment certificate by the Department of Planning and Investment – a prerequisite for the project to operate. That is the reason, investors are required to choose the form of direct investment in the following 2 cases:
- When planning to carry out large projects or projects related to the state.
- When planning to use legal status in Vietnam to invest abroad.
See details: Procedures for establishing a foreign-invested company.
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Compare the advantages and disadvantages of direct investment and transfer
Both transfer and direct investment have different advantages and disadvantages, details as follows:
In reality, not all foreign investors have Vietnamese acquaintances or relatives. Therefore, the condition of “having a Vietnamese person in the name of the company at the beginning of establishment” in the form of transfer leads to low reliability and high risk.
Some frequently asked questions about companies with foreign INVESTMENT capital
1. Cost of establishing a 100% foreign-owned company at fdiinvietnam.com?
Cost of establishing a company directly with foreign capital at fdiinvietnam.com North – 30,000,000 VND, Central 25,000,000 VND, South 30,000,000 VND . Please contact fdiinvietnam.com at 0978 578 866 (North) , 033 9962 333 (Central) or 033 9962 333 (South) for free consulting support.
2. Procedures for establishing a 100% foreign-owned direct investment company?
When establishing a 100% foreign-owned direct investment company, you need to complete the investment registration procedure to obtain an investment certificate, then apply for a business registration certificate. At each step, you will need to prepare many different types of documents.
See details: Procedures for establishing a company with 100% foreign capital.
3. When establishing a foreign-invested company, in which cases is direct investment required?
If a business has the following plans, it must choose the form of direct investment when establishing a company with foreign investment capital:
- Implement major projects/state-related projects;
- Want to have legal status in Vietnam for foreign investment.
4. Procedure for opening a foreign company?
To open a foreign company you have 2 ways:
- Direct investment with 100% foreign capital;
- Carry out transfers using Vietnamese capital.
Among the types of company establishment, this is the type with quite complicated regulations on documents and procedures. You can refer to the article link below or contact fdiinvietnam.com for free consulting support at 0978 578 866 (North) , 033 9962 333 (Central) or 033 9962 333 (South).
See details: How to establish a foreign invested company.
5. Is it possible to open a foreign company by transferring capital to foreign investors?
Yes. If the enterprise is not required to establish a foreign company through direct investment (question number 3), it can choose to establish with 100% Vietnamese capital and then transfer it to a foreign investor.
Call us at 0978 578 866 (North) , 033 9962 333 (Central) or 033 9962 333 (South) for support.