•   Info@gbs.com.vn
  •   Call Us: (+84-8) 3500 2828

 

FAQ

Many expats in Vietnam recognize this growing market as an excellent opportunity to start a business. We normally recommend one of these four types of companies:
Dear Thu Dao,

My Vietnamese girlfriend and I want to open a coffee shop here. We are very excited about the plan and really can’t wait to get started. However, I have little knowledge about the administrative procedures that we will need to go through. Can you give me some advice please?
Vietnam joined the TPP after wave of investment into the distribution sector and export, trading companies in Vietnam maps at AC after the agreement is signed. Car, food, retail, electronics will be very attractive for foreign retailers.

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.

Company formation in Vietnam, with comprehensive and adequate knowledge of legal as well as the business environment in Vietnam. GBS can provide clients with legal advisory opinion most helpful in all areas of investment, established companies with foreign investment capital in Vietnam:

(i) Setting up foreign invested company: You shall be required to obtain an Investment Certificate from the competent authority. It shall take you about 15 working days from submission of application dossier to the competent authority for obtaining the Investment Certificate. For several special case, before obtaining Investment Certificate, you shall be required to obtain in-principal approval from authorities. After obtainment of Investment Certificate, you shall be required to obtain Certificate of Business Registration for Foreign Invested Company. This step shall take you about 5 working days to complete.

In the nominee services, GBS provide, we act upon instructions from the beneficial owners according to the power of attorney given by the client.

GBS - Foreign investors have been flocking to Vietnam in recent years. Close to global supply chains, the country is seen as an attractive alternative to manufacturing in China, where wages are on the rise. Other benefits include its relative political stability and inclusion in the Trans-Pacific Partnership.

With GBS’s comprehensive legal understanding of the international business environment in Vietnam, we can supply clients with fundamentally beneficial legal advice in areas of foreign investments. Whether it is:

Every company in Vietnam is required to have at least one Legal Representative. The Legal Representative engages in transactions that bind the company, acts as the company’s representative in legal proceedings, and exercises all other rights and obligations under the law. Having the sole power to bind and represent the company, the Legal Representative is in many ways similar to the Director or Board of Directors in Western companies.

GBS is one of the best business law firms in Vietnam with a network South East Asia, Middle East, Japan, HongKong, Malta and Poland.

Twitter Feed

GBS - On the coast of central Vietnam, a few minutes from the small town of Hoi An, Cua Dai Beach offers... https://t.co/MfGT7R8uMb
GBS - The International Finance Corporation (IFC), a member of the World Bank Group, has helped Vietnamese... https://t.co/cTRhiAN9qU
GBS - When making an investment in Vietnam, foreign investors must study the feasibility of the project based on... https://t.co/BMaBygHeE3
Follow GBS on Twitter

Contact Info

GBS Co., Ltd
8th Floor , Trade Centre Building, 135A Pasteur Str, Ward 6, Dist. 3, Ho Chi Minh City, Vietnam

Hotline | Whatsapp | Viber | iMessage: (+84) 903189033

This email address is being protected from spambots. You need JavaScript enabled to view it.

(+84 - 8) 3500 2828

 

8.00 am to 5.00 pm