Resident Card

Visa exemption for 5 European countries

06

May 2018

Vietnam Continues Visa Exemptions For Five European Countries

Viet Nam will renew visa exemptions for a three-year period for the citizens of five Western European countries, including the UK, France, Germany, Spain and Italy from the first day of July 2018 for a three-year period. The decision was approved by Prime Minister Nguyen Xuan Phuc at the regular Government meeting on May 3. The information was revealed by the Minister, Chairman of the Government Office Mai Tien Dung at the...

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Amendment of Certificate of Investment Registration

07

Feb 2018

Amendment of Certificate of Investment Registration

Cases that investors need to amend the Certification of Investment Registration 1. Project number 2. Name and address of the inventor (Phone number, fax, email, website) 3. Name of the project 4. Location of investment project, area of land use 5. The objectives and scale of the investment project 6. The investment capital of the project (including capital contributed by investors and mobilized capital), schedule...

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Grant and renewal of Certificate of Investment Registration

07

Feb 2018

Grant and renewal of Certificate of Investment Registration

Scope, subjects apply to granting and renewing the Certificate of Investment Registration Projects of foreign investors/foreign-invested economic organizations (having carried out the procedures and being granted the amended Certificate of Business Registration into the Certificate of Enterprise Registration) operating under the Investment License/Certificate of Investment Registration (concurrently a Certificate of Business Registration), including: 1. Projects outside of the industrial parks, export processing zones, hi-tech parks...

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Apply for Certificate of Investment Registration

07

Feb 2018

Apply for Certificate of Investment Registration

Cases need to apply for Certificate of Investment Registration 1. Cases must be carried out procedures for the issuance of Certificate of Investment Registration – Investment projects of foreign investors; – Investment projects of economic organizations: + Having a foreign investor holding 51% or more of charter capital, or a majority of members of the partnerships is a foreign individual for the  economic organization is...

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Setting up a partnership

07

Feb 2018

Setting up a partnership

What is a partnership? According to Article 172 of the Law on Enterprise of Vietnam, a partnership is: 1. A partnership means an enterprise of which: a) At least 02 partners are co-owner of the company who run business together in a common name (hereinafter referred to as general partner). Apart from general partners, the company may have contributing partners; b) General partners are individuals...

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Consultant to establish a joint stock company

07

Feb 2018

Consultant to establish a joint stock company

What is a joint-stock company? Article 110 of the Law on Enterprises of Vietnam stipulated: 1. A joint-stock company is a enterprise of which: a) Charter capital is split into multiple units of equal value called shares; b) Shareholders may be organizations and individuals; the minimum quantity of shareholders is 03; the maximum quantity is not restricted. c) Shareholders are only liable for the enterprise’s...

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Set up a company with 100% foreign capital

05

Feb 2018

Set up a company with 100% foreign capital

1. Investment projects which are outside of the industrial zones with a total investment which is less than 300 billion VND and non-investment conditions. – Written registration/request for issuance of Investment Certificates for cases associated with establishment of enterprise – Draft Charter of the company (select the suitable for established enterprises) – List of members/shareholders founders (select suitable sample with established business type) – Joint...

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Things need to know before setting up a company in Vietnam

02

Feb 2018

Things need to know before setting up a company in Vietnam

Nowaday, although registration procedures have been simplified by authorities but it is still not easy to establish a company in Vietnam . If you are not well-prepared, you cannot establish and run a company smoothly without problems. Following some steps below may help you. Step 1: Information preparation This step helps you reduce errors and lessen the time you spend on later registration process. There...

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02

Feb 2018

How to name your company right according to the law

The name of the company shall be chosen by the business owner but must comply with the following principles: Article 17 of Decree No. 78/2015/ND-CP: used names and confusing names 1. The enterprises or its founder must not use a name that is already used by another enterprise or easily confused with another enterprise’s name that is already registered on National Enterprise Registration Database; except...

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How to set up a multi-member limited liability company?

25

Jan 2018

How to set up a multi-member limited liability company?

What is a multi-member limited liability company? Article 47 of Law on Enterprise of Vietnam stipulated: 1. Multi-member limited liability company is a enterprise where: a) Members are organizations and/or individuals; the number of members does not exceed 50; b) Members are liable for debts and other liabilities of the enterprise up to the value of capital they contribute to the enterprise, except for the...

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