How to Obtain Business
Registration Certificate in Vietnam?
Every organization and individual wishing
to set up a foreign owned company in
Vietnam shall need to meet some specifics conditions as
promulgated under the Law on Investment and Law on Enterprise. In specific
areas being considered as conditional investment, the investor shall also need
to consult with the law governing the area of investment. Once the investment
registration certificate is completed, the investor has the obligation to apply
for enterprise registration.
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Business Registration Certificate in
Vietnam
The procedure to register for a
certificate of enterprise registration of a joint stock company or limited liability with two or more
members are herein mentioned:
Dossiers:
i) Application form for enterprise registration
ii) The company’s charter.
iii) A list of founding shareholders and shareholders
being foreign investors/ a list of capital contribution members.
iv) Valid copies of:
Copies of the ID card or other ID papers
of founding shareholders and foreign investors/members being individuals; list
of authorized representatives of foreign shareholders being organizations.
Decision on establishment, certificate of
business registration, or an equivalent document of the organization and the
letter of authorization; the ID card or other ID papers of the authorized
representatives of founding shareholders and foreign investors being
organizations.
If shareholders are foreign organizations,
the copy of the certificate of business registration or an equivalent document
must be notarized, legalized and authenticated.
The Certificate of Investment registration
of the foreign investors as prescribed by the Law on Investment.
State Authority: Business
registration office of the province where the enterprise’s headquarters is
situated.
Period: within 03 working days
from the full receipt of the dossiers
Result: Business registration
office shall issue the certificate of enterprise registration or if the
application is not satisfactory, business registration office shall inform the
applicant of necessary revisions and supplementation to company.
In general, Vietnam government encourages
foreign direct investment. If the investor faces challenges at state authority,
whom do not issue notification or request of supplementation to the application
for enterprise registration, the investor cold lodge a complaint as prescribed
by regulations of law on complaints and denunciation to the state authority to
protect its right in doing business and investment in Vietnam. A law firm in Vietnam with expertise in
both business registration and dispute resolution could assist the investor in
the process.
The enterprise is entitled to do business
from the issuance date of the certificate of enterprise registration. For
conditional business lines, enterprises are entitled to engage in conditional
business lines if they satisfy all conditions and are capable to maintain
fulfillment of such conditions throughout their operation.
With highly professional staff and great
experience in investment in Vietnam, ANT Lawyers would like to support you to
register business registration certificate in Vietnam
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