To invest in registered enterprises in Vietnam, these procedures are what you need to go through

        Form of business establishment　　

The forms of investment and establishment of enterprises in Vietnam include: trading company, limited liability company, joint-stock company, etc.

An organization for accepting registered enterprises　

　

The government has delegated approval for almost all foreign-funded projects to provincial authorities, maintaining approval for only a few sectors.

Among them, the planning and investment department is responsible for examining and approving inter-provincial BOT projects; Examination and approval of oil and gas projects by the ministry of industry and trade; To examine and approve projects of financial institutions such as Banks; The ministry of finance approves insurance programs. For major national projects, the congress shall determine the project investment approval and project standards, and the government shall be responsible for formulating project approval procedures and issuing investment licenses.

According to protocol no. 108 of the Vietnamese government dated September 22, 2006, the examination and approval of foreign-funded projects can be divided into registration and examination and approval:

For projects with a total investment of less than 300 billion dong (about us $15 million), foreign investors only need to provide relevant documents to the approval authorities for registration, which takes about 15 working days. For projects with a total investment of vnd300 billion or more, the approval department must solicit opinions from relevant ministries and review the projects, which will take about 25 working days.

Main procedures for registering an enterprise　

　

The registration procedures for [wholly foreign-owned enterprises] are as follows:
　　

(1) application: prior to the establishment of the company, the founder shall submit an application for the establishment of the company to the people's committee of the province, the central municipality directly under the central government or the administrative unit at the same level as the company's office location.

(2) business registration: the company must register its business with the economic arbitration organization of the province, the central municipality directly under the central government or the administrative unit at the same level.

(3) announcement of establishment: according to relevant laws and regulations, foreign-funded enterprises in Vietnam must publish three notices in central or local newspapers after their establishment.

【Representative office】

According to the provisions of Vietnamese law, an enterprise can obtain a license to set up a representative office in Vietnam as long as it has registered and conducted legal business in accordance with the provisions of Chinese law. It should be noted that foreign enterprises can no longer set up representative offices in Vietnam by their branches.

【branch】

To set up a branch, send the materials to the ministry of industry and trade of Vietnam. The documents required by an enterprise to apply for a license to establish a branch include:

(1) the application form for the establishment of a branch of the enterprise (in accordance with the format uniformly prescribed by the ministry of industry and trade of Vietnam);

(2) a copy of the business license;

(3) the relevant documents shall be notarized by the Chinese notary office, and then certified by the consular bureau of the Chinese ministry of foreign affairs (or the consular office of the provincial foreign affairs office), and then certified by the Vietnamese embassy and consulate in China.

All certified materials shall be translated by certified translation agencies.

In this way the document has the force of law.