Wednesday, March 29, 2017

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Vietnam Business Registration

GBS - Starting a new business in Vietnam is time-consuming and costly, said a recent report released by the International Finance Corporation and the World Bank. According to the report, it would take an investor only three days to complete two business procedures, costing about 0.9 percent of the annual income per capital in Canada and it is almost the same in Australia.

Meanwhile, registering a new business in Vietnam takes nearly 50 days to go through about nine formalities, costing roughly 50 percent of the annual income per capital.

According to a recent survey conducted in the north, businesses must pay at least 13 visits to three kinds of state offices to complete their business licenses.

At the provincial level, the agencies, including departments of planning and investment, taxation and police are responsible for granting business licenses; but they do not effectively cooperate with each other.

As a result, enterprises have to prepare many documents with overlapping content to different agencies.

In addition, they cannot complete several formalities at the same time but have to go through a one-by-one process.

Although some localities are experimenting with online support for registration, most of the formalities are still dealt manually at relevant head offices.

Recommendations

Experts said it would set a good precedent to simplify business licenses if a 'one-door' model is applied for the three relevant offices.

There should be a representative agency where enterprises can apply for permits and completing these permits is the internal responsibility of state offices.

Therefore, we are here to be the representative to assist you on all kinds of registration and the related matters for all types of businesses in Viet Nam such as Representative Office registration, 100% foreign-owned company incorporation, joint-stock company formation...and etc.

Our aim is to make our service well-known worldwide and to provide you a reliable service!

Our services:

 

  • Business registration
  • 100% local-owned companies new company incoporation formation and other related matters.
  • 100% foreign-owned companies new company incoporation formation and other related matters.
  • Representative Office Registration and other related matters.
  • Joint Stock Companies.
  • Tax registration.
  • Trademark registration.
  • Virtual Office Registration, assisting in sourcing for office facilities as well as virtue offices.
For more information, please contact us at: This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call: +84 8 35002828

 

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Contacts

Global Business Service (GBS) Co., Ltd
Hotline | Whatsapp | Viber | iMessage: (+84) 903189033

Head Office
8th Floor, Trade Centre Building
135A Pasteur Khai St, Ward 6,
District. 3, Ho Chi Minh City, Vietnam
Tel: (84 8) 35002828 - Fax: (84 8) 35233894
Mobile No: +84-903189033 (Ms. Thu)
E-mail: info@gbs.com.vn

Hanoi Office (DNAS)
Suite 301, 5 Ba Trieu Str, Hoan Kiem Dist.,
Hanoi, Vietnam
Mobile No: +84-903189033 (Ms. Thu)
Email: hanoi@gbs.com.vn

Malta Office (BT International)
Suite 2, The Penthouse, Capital Business Centre, Entrance C
Triq taz-Zwejt, San Gwann SGN 3000, Malta
Tel: +356 21637778 - Fax: +356 21634383
E-mail: malta@gbs.com.vn

Japan Office (Sarkar Office Japan KK)
No.2 Saiwai Bldg.3F, 2-13-7 Higashi-Mukojima, Sumida-Ku,Tokyo 131-0032, Japan
Tel: (+81 3) 56319127 - Fax: (+81 3) 56319106
Email: japan@gbs.com.vn

Online Support (GMT+7)

Quick Links

Representative Office in Vietnam
How to set-up a Representative Office in Vietnam.
Licenses you may need in Vietnam
Licenses you may need in Vietnam.
Work permit in Vietnam
How to get work permit in Vietnam.

About GBS

GBS is a top 10 best business law firms & outsourcing company in Vietnam with a network of associate firms in South East Asia, Middle East, Japan, HongKong and Poland.

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