Question: I am interested in opening a business in Vietnam which would be run on ground. That requires obtaining a residence permit with the business license.

I like to know if you offer this type of service and the procedure.

Looking forward to hearing from you soon.

Answer: Thank you for your information. We understand that you intend to setup a trading company for purchasing goods in Vietnam for exportation.

For this purpose, Vietnam Law shall require you to declare in detail what kind of products that you intend to export. Such products must also indicate HS Code. The more product you would like to involve, the more capital you have to inject into the company.

Due to that you have not yet had clear idea on the proposed business activities, we are of opinion that you should consider setting up trading company for exporting tea, pepper from Vietnam.

Our fee for setting up such company shall be 4,000USD. The fee is exclusive of 10% VAT and actual cost for translating documents from English into Vietnamese (10USD/150 words).

It shall take us about 19 working days to obtain the Investment Certificate and additional 7 working days to obtain the Certificate of Business Registration.

We do hope that the above information is helpful for you. If you have any further inquiry, please feel free to contact us.

If you would like further information on Business Formation in Vietnam, please either email to our Partners at: info@sblaw.vn or call to our Office:

Ha Noi Office: +84 (4) 62 62 0246

HCM Office: +84 (8) 35 208 101.

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