Registration Fee
1.Agency on application for investment registration certificate (IRC) and enterprise registration certificate (ERC);
Instructions on the procedures, policies; providing forms and documents required for the process;
Guidance on preparing and filling the documents and files;
Submission on all documents and files at the investment permission department;
Follow-up and explanations related to the registration procedure;
Receipt of IRC and ERC on behalf of the client;
2.Agency on office leasing
Find a suitable virtual office for IRC registration;
Draft/review the lease agreement;
Prepare necessary documents for leasing office;
3.Post-registration service
Engrave and register the company seal
Publish contents of business registration on the national business registration portal
Open a capital account and current bank account
4.Agency for trade license
Prepare files and apply for a trading license (business license) for foreign investors' commercial activities in import, export and distribution industry
5. First-time Tax registration as an agent
Initial tax registration with the local tax bureau
Register the value-added tax invoice
Apply for digital signature, online tax declaration
Submit the business license form to the local tax bureau
Pay the business license tax every year
Apply for digital tax
6.Agency for first employment registration
Prepare documents to use employment opportunities timely with the local employment agencies
Prepare pay slips for registration with the local employment agency as soon as possible
Register for social insurance, unemployment insurance and health insurance
Registration Process
The steps for foreign investors (organizations or individuals) to establish a company in Vietnam are as follows:
1.Apply for investment registration certificate （IRC）
Timeline: 30 working days
2.Apply for the enterprise registration certificate (ERC)
Description: Submit confirmation after obtaining IRC
Timeline: 10 working days
3.Registered commercial seal
Before using the commercial seal, the enterprise must send a sealed notice to the Commercial Registry.
4.Opening a bank account
Investors need to open two types of bank accounts, one is for receiving the investment capital and the other is for general transactions.
5.Tax registration
For a newly established company, the investor shall notify the tax authority of the company's registered address and register with the tax authority.
6.Value-added tax
The company should register for VAT immediately after receiving the business license. There is no registration threshold.
7.Capital subscription
Registered capital must be paid into the company within 90 days after the ERC is issued;
The 90-day period is unchangeable. Failure to complete the procedure will have serious and irreversible consequences.
If the company has insufficient registered capital and fails to register with the authority on time, it will be fined between 10 million to 20 million VND.
Due to the adjustment of local laws and policies and changes in exchange rates, please call +8613851776886 (whatsapp) or send email to seawind-kevin@163.com for the updatest registration process and fees