Question: We would like to establish short-term English training center. Please quote.

Answer:

1. Documents to be provided:

  • Certificate of Incorporation of the Parent Company
  • Articles and Memorandum of Association of the Parent Company
  • Bank reference on the account balance of the Investor
  • Bank’s Reference provided by an appropriate Bank certifying the balance of the investor’s account no less than the contributed capital of the investor to the FIC’s charter capital.
  • Audited Financial Statement for years of 2016 and 2017
  • Detailed Brochure/Catalogue and business plan
  • Passport of Legal Representative of FIC
  • Memorandum of Understanding or Contract on leasing office in Vietnam
  • Business Registration Certificate or Investment Certificate of the lessor
  • Certificate of land use right and asset on land ownership of the lessor.

2. Timing (working days)

– Step 1: Applying for Investment Registration Certificate: Within 20 working days;

– Step 2: Applying for Enterprise Registration Certificate: Within 07 working days;

– Step 3: Apply for Training License: within 30 working days

3. SB Law net fee (USD), Exclusive of VAT (10%) and cost for translating of documents from English into Vietnamese (10USD/150 words) and actual travelling and accommodation cost (if Client setup companies outside of Hanoi or Ho Chi Minh City)

–  For obtaining Investment Registration Certificate and Enterprise Registration Certificate, Training License from 8,000USD (Eight thousand US Dollar) to 8,500USD (Eight thousand and five hundred US Dollar);

 

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