Question

Can a foreign company invest to set up a 100% FDI company in Vietnam ? Law firm in Danang, Vietnam advise about establishing a 100% foreign owned company in Vietnam ?

Answer

Invest to set up 100% FDI company in Vietnam ?

Foreign enterprises are allowed to establish commercial presence in Viet Nam in the form of 100% foreign-invested enterprise (Vietnam’s  WTO Commitments on Services, dated October 27, 2006). 

Foreign invetors are allowed to establish company in accordance with the law of Vietnam. Before establishing a company, the foreign investor must have an investment project and apply for a Certificate of investment registration following the procedures in Article 37 of the Law on Investment No. 67/2014/QH13 dated November 26, 2014 and must satisfy the following conditions:

The investor’s share of charter capital satisfies the requirements in Clause 3 Article 22 Law on Investment No. 67/2014/QH13 dated November 26, 2014;

The form of investment, operating scope, Vietnamese partners, and other aspects are conformable with the international agreements to which the Socialist Republic of Vietnam is a signatory (Article 22 Law on Investment No. 67/2014/QH13 dated November 26, 2014)./.

Contact us: 

Phone: 0914 165 703 

Email: dmslawfirm@gmail.com 

DMS Law firm in Vietnam
Director
(Signed)
Lawyer Do Minh Son

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