Set up a 100% foreign owned language center in Vietnam
DMS Lawyers in Danang, Vietnam advise about conditions for setting up a 100% foreign owned language center in Danang, Vietnam
The establishment of a 100% foreign owned language center in Vietnam is a conditional business line and must satisfy conditions prescribed by Vietnamese law, as follows:
Conditions for setting up a 100% foreign owned language center in Vietnam
1. Investment capital
An investment project to establish a short-term training institution must have an investment ratio of at least VND 20 million per trainee (excluding land use expenses).
For example: Investors are projecting to launch 10 classes, each class consisting of 25 trainees, the required minimum investment capital shall be 250 trainees x 20 million Dong = 5 billion Dong (roughly equivalent to 215,000 USD).
2. Facilities, equipment
Have classrooms with adequate lighting, furniture, teaching tools and devices;
For a short-term education establishment, short-term training institution: the average area for teaching and learning must be at least 2.5 m2 per trainee.
Have directors’ office, teachers’ room, libraries and other functional rooms.
3. Rent of physical infrastructure
A foreign-invested education institution is permitted to rent physical infrastructure on a stable period of at least 05 year.
4. Education programs
Education programs implemented at a foreign-invested education institution must reflect educational objectives, not contain contents detrimental to national defense and security and community interests; not spread religions and distort history; not adversely affect the culture, ethics and fine customs and practices of Vietnam; and assure transferability between educational grades and training levels.
A foreign-invested education institution may provide foreign short-term training and education programs.
5. Teachers
For a short-term training institution:
Teachers must hold at least a collegial degree or equivalent in a discipline or occupation relevant to subjects they are assigned to teach;
The ratio of equivalent learners to teachers is maximum 25 learners per teacher.
Legal bases:
Articles 35, 36, 37 and 38 Decree No.86/2018/ND-CP dated 06 June 2018.
Therefore, you and the foreign investors may consider and assess if they meet the above conditions for setting up a 100% foreign owned language center in Vietnam.
Related topics:
Criteria of a director of a language center in Vietnam
Establish commercial presence of foreign company in Vietnam
Contact us:
Phone: 0914 165 703
Email: dmslawfirm@gmail.com
DMS LAW LLC
Director
(Signed)
Lawyer Do Minh Son
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