SET UP FOREIGN INVESTED CAPITLAL COMPANY IN IMPORT, EXPORT AND DISTRIBUTION BUSINESS IN VIETNAM - TriMinh Law

SET UP FOREIGN INVESTED CAPITLAL COMPANY IN IMPORT, EXPORT AND DISTRIBUTION BUSINESS IN VIETNAM

7:05:19 13/06/2017
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SET UP FOREIGN INVESTED CAPITLAL COMPANY IN IMPORT, EXPORT AND DISTRIBUTION BUSINESS IN VIETNAM

Foreign investors have the right to invest and establish foreign capital company to implement the business of import, export, wholesale, retail sale in Vietnam. Foreign investors can choose between establishing 100% Singapore owned company or establishing joint ventures with Vietnamese individual or company. Foreign capital company are established and operating in accordance with the Enterprise Law 2014 and its guiding documents

Import, export, wholesale and retail sale is the condition business for foreign investors. Accordingly, foreign invested company must carry out the procedure for granted Business License in accordance with the law of Vietnam.

To set up foreign capital company doing import, export, distribution business in Vietnam, the procedure need to implement includes:

  • Step 01: Registration of investment project to be granted investment registration certificate.
  • Step 02: Registration of business to be granted Enterprise Registration Certificate, announcing the company’s stamp, registration of tax declaration and payment online, hanging the company sign, contributing the company capital and other necessary work to carry out the activities of the Company.
  • Step 3: Implementing the procedure to apply for Business License. In the case when the company establishes a retail sale outlet, it shall carry out the procedure for for applying Retail establishment permit for each retail outlet.

In addition, the company should carry out procedure to announce the quality of products and goods before putting the goods into circulation at the Vietnamese market in accordance with the law of Vietnam.

For the best solution, investment and the ensurance for all work can be carried out rightfully from the beginning, you need a reputate law company in Vietnam, and you can contact and cooperate with Tri Minh Law Company, With more than 10 year of experience, head office in Hanoi, branch in Ho Chi Minh city, partners throughout Vietnam, a team of experienced lawyers of Tri Minh Law Company are honored and willing to be by your side throughout the investment and development in Vietnam.

Coming to Tri Minh Law Company, the multi-professional law company, investors can require and satisfiy all legal issues in Vietnam, such as:

  • Since the invested establishment: Consulting on investment form, type of company, name of company, location, business lines, legal representative, managing and using seal, Organization and operation, declaring and paying taxes, … ;and authorized representative to performing all necessary legal procesdure.
  • During company operation: Consulting internal management regulation; Consulting on brand registration and protection; Consulting on contracts; Consulting on adjusting and expand the business; Consulting on labor, Work Permit, Visa, Temporary Residence Card for foreigner; Tax Consultancy and social insurance; Consulting on dispute settlement, …
  • Frequent legal consulting service: Tri Minh Law Company provides legal consulting and frequent legal consulting services in the course of continuous operation and development of foreign investors and companies established in Vietnam.

Please contact us for more detailed consultation and cooperation.

Email:contact@luattriminh.vn / Hotline (+84)961.683.366 / www.triminhlaw.com

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