1. Find a professional law firm

Meet with a local law firm to get legal advice on which kind of business is the most suitable for investors’ business planning and choose a location for headquarters or factories in Vietnam.

2. Apply for a business license

After choosing appropriate business lines, an application for business license shall be submitted to Department of Planning and Investment to obtain an Investment Registration Certificate (IRC) and Enterprise Registration Certificate. (ERC)

3. Make a company seal

The company obtains a company seal from a seal maker. The company has the right to decide on the design, content and quantity of its seal.

4. Open a company bank account

Investors open investment capital accounts to transfer money into Vietnam. Investors are entitled to remit profits to foreign countries under the legal conditions.

5. Register initial tax and accounting procedures

The company submits the applicationfor registration of license tax, registration of tax calculation method, issuance of invoice after establishment.

6. Run your business

After meeting statutory conditions, the company can operate normally and look for potentials as well as profitable opportunities in Vietnam.

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GLOBALINK LAW FIRM – LEGAL TEAM