Understand the Jurisdictions Setup Requirement Before Proceed Your Company Registration in Vietnam
Vietnam has a dynamic economy which appeals to many foreign investors. However, incorporation of a company in Vietnam might bring a few challenges to the investors. Hence, it best to seek professional consultancy services for company registration in Vietnam. 3E Accounting has a team of experts who handle all the processes for company registration in Vietnam.
Different Ways of Doing Business in Vietnam
There are various business entities through which you can do business in Vietnam. The most common one is foreigners 100% own a limited liability company.
Limited Liability Company
This is the most common form of business entity in Vietnam. One shareholder can set it up and the person need not be a Vietnamese. For LLC, you need to appoint a director who is the legal face of the company and will have to reside in Vietnam. 3E Accounting can help you obtain a work permit and can assist in finding the right candidate.
Vietnam Free Zone Company
Those who want to export their products can establish this company. 3E Accounting can help you in setting up the company in the industrial park by obtaining permission from the relevant authority.
Vietnam Joint Venture Company
A foreigner and a local partner can start a joint venture company. The intention to establish this entity is that the domestic partner’s experience and foreigner’s skill in this country.
Public Limited Company
At least 3 shareholders and one director who needn’t be a local person can set a PLC. 3E Accounting can help in obtaining a work permit for the company’s direction as the person needs to reside in Vietnam.
If a PLC has a share capital of more than USD 475,000 with 100 shareholders, then 3E Accounting can help in listing their company in Ho Chi Minh City stock exchange.
The companies which have been doing business abroad for more than five years can set up a branch office in Vietnam. 3E Accounting can help you in registering a branch office and recommends for sectors such as banking, finance, and insurance.
Representative offices are set up in Vietnam when the parent company has been doing business for over a year. This entity cannot carry any commercial activities. The representative offices are entitled to market research, product promotion.
Get in Touch With Us
3E Accounting helps you in getting organized in this new country. We have a team of experts who can ultimately help you for company registration in Vietnam right from the first step. You can contact us via email or call, and we will do our best to answer all your queries.