VINASC: Set up company in Ho Chi Minh City, Ho Chi Minh business setup

Set up company in Ho Chi Minh city, Ho Chi Minh business setup

Set-up-company-in-vietnam-Vinasc2Because of the dynamism of the Vietnamese economy, set up company in Ho Chi Minh City has become an appealing option for many mutilnationals.

However, entrepreneurs should be prepare for inconsistent regulations, bureaucratic challenges and licensing delays. Vinasc will assist our Clients with in corporating the optimal corporate structure for their company.

There are several ways of doing business in Vietnam, the most common being the setting up of a limited liability company. In some industries still restricted to investment by foreigners, our Clients may however be required to setup a joint venture company with a Vietnamese shareholder.

Our corporate Clients may also open a representative office in Vietnam, or event a branch if they are already ready to expand to this Southeast Asian market.

Foreigners are encouraged to make investment in Vietnam through direct investment by Setting up company in Ho Chi Minh City.

However there are restrictions in some cases in regard to investment capital, investment area, special licenses required. The investor is suggest to consult with a law firm in Vietnam for advice and service offering.

Set-up-company-in-vietnam-Vinasc1Before setting up business in Vietnam, ask yourself the following questions

  • Which business should I invest in Ho Chi Minh City ?
  • What should I name the business in Ho Chi Minh City ?
  • Where should I register the address of the business in Ho Chi Minh City ?
  • What is the legal structure of the company?
  • How much capital is require to set-up a company in Ho Chi Minh City ?
  • Whom will be legal representative and work permit in Ho Chi Minh City ?
  • How long does it take to set-up a company in Ho Chi Minh City ?
  • Whom will be granting the investment license in Ho Chi Minh City ?
  • What are the tax liability in Ho Chi Minh City ?
  • What are mandatory reports submissions requirement in Ho Chi Minh City ?

When foreign investors invest in Vietnam, they could establish company in Vietnam. Foreign investors have the right to choose the appropriate forms of enterprise such as a limited liability company, joint stock company, etc

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