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How to Open a Company in Vietnam (Part 1)

Do you want to open a company in Vietnam? Then don't miss this video! In it, we talk with Thuy To, an experienced lawyer from Vietnam who will guide us through the process of setting up a business in the country. From understanding the local laws and regulations to finding investors and partners, Thuy To will share her expertise on everything you need to know about doing business in Vietnam. We are both based in Vietnam and available to assist you with everything relate to the law in Vietnam. ➡️ Watch now! ❤️Contact us: ➡️Thuy To via Linkedin:   / to-thuy-1a29aa75   ➡️Chris via Linkedin:   / vietnamgarmentfactory   Follow Chris at: ⬇️ ✅ Website: https://www.vietnam-factory-tours.com ✅ Facebook:  / vietnamfactorytours   ✅ Instagram:   / vietnamfactorytours   ✅ TikTok:   / sourcingexpertinvietnam   ✅ Twitter:   / vietnam_textile   ✅ YouTube:    / @vietnam-factory-tours   In this video we discussed: 00:00 Start 00:10 Intro 00:24 What point is necessary to open a company in Vietnam? 06:39 Join my webinar 08:51 What are the common types of companies in Vietnam? 15:13 Conclusion Thanks for watching! Opening a company in Vietnam involves several steps and procedures, including registering your business and obtaining relevant licenses and permits. Here are the general steps to follow: Determine the business structure: Decide on the type of company you want to establish in Vietnam, such as a limited liability company (LLC), joint-stock company, or branch office. Choose a business name: Select a unique and appropriate name for your company, and check if it's available for registration with the local Department of Planning and Investment. Obtain an investment certificate: Depending on the type and size of your company, you may need to obtain an investment certificate from the Department of Planning and Investment. This certificate outlines your investment capital, business scope, and other key details. Register your company: Register your company with the Business Registration Office and obtain a business registration certificate. This process typically takes around 3-5 business days. Obtain necessary licenses and permits: Depending on the nature of your business, you may need to obtain additional licenses and permits from the relevant authorities, such as the Ministry of Industry and Trade or the Ministry of Finance. Register for taxes: Register your company for taxes with the local tax authorities, obtain a tax code, and file your taxes regularly. Open a bank account: Open a business bank account to manage your finances and comply with local regulations. It's important to note that the process of opening a company in Vietnam can be complex and time-consuming, especially if you're not familiar with the local regulations and procedures. Therefore, it's recommended to work with a local business consultant or legal advisor who can guide you through the process and ensure compliance with all applicable laws and regulations.

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