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Establish a foreign-invested trading company in Hanoi

22/07/2021
A commercial line for foreign-invested trading companies is a conditional business line that must be implemented according to the provisions of Decree 09/2018/ND-CP.

Establish a foreign-invested trading company in Hanoi

There are differences in establishment procedure between a foreign-invested company in Hanoi and a domestic company in other places.

If a domestic company establishes a company, they only need to register to establish an enterprise, then the enterprise can go into operation, but for foreign-invested companies, commercial line is a condition business line that need to be implemented according to Decree 09/2018/ND-CP

Siglaw would like to introduce the process of establishing a foreign-invested company doing commercial business in Vietnam as follows:

Step 1. Apply for an Investment Registration Certificate

1. The procedure for the issuance of Investment Registration Certificate

  • Regulatory agency: Department of Planning and Investment where the headquarter is located.

  • Processing date: 15 working days from the date the investor submits a valid document.

2. Application for Investment Registration Certificate

No

Document Header

Amount

Note

1

Implementing Investment Project Proposal

2

Original

2

Citizen card/identity card or passport for individual investors; The Establish Certificate or other equivalent document certifying the legal status of the investor being an organization, which is a document issued by  authorized agency in the country where the organization is established.

2

Notarized original

3

The investment project proposal includes the following contents: investors implementing the project, investment objectives, investment scale, investment capital and capital mobilization plan, location, duration, and investment progress, demand for labor, proposal for investment incentives, assessment of the project's socio-economic impact and efficiency;

2

Original

4

Documents proving financial capacity: Financial report of the last 2 years of the investor; commitment to financial support of the parent company; financial institution's commitment to financial support; guarantee on the financial capacity of the investor; documents explaining the financial capacity of the investor;

2

Notarized original

5

Office lease contract, Documents proving the lease right of lessor (Certificate of land use right, Construction permit, Certificate of business registration with real estate business function or equivalent documents).

2

Notarized original

Step 2. The procedure for establishing a company after the investor has been issued an Investment Registration Certificate

  • Regulatory agency: Business registration office - Department of Planning and Investment

  • Processing date: 5-7 working days

Step 3: Apply for a business license

  • After the establishment of an enterprise, in case the enterprise has activities of sales of goods and activities directly related to  sale of goods according to Decree 09/2018/ND-CP.

  • For some special goods or for retail distribution activities, enterprises need to implement procedures for the application of a business license at the Department of Industry and Trade.

For comprehensive support, please contact:

Siglaw legal company limited (Siglaw Firm)

Hotline: +84 967 818 020

Headoffice in Hanoi:

Address: Floor 12A Sao Mai building, No. 19 Le Van Luong street, Nhan Chinh Ward, Thanh Xuan District, Hanoi.

Hotline: +84 967 818 020

Email: hanoi@siglaw.vn

Ho Chi Minh City Branch:

Address: 21 N4 street, Commercial service and housing complex at No.16/9 Bui Van Ba street, Tan Thuan Dong Ward, District 7, Hochiminh city.

Hotline: +84 985 982 659

Email: hcm@siglaw.vn 


Xem tất cả
Siglaw legal company limited
Head Office:
Address: Floor 12A Sao Mai building, No. 19 Le Van Luong street, Nhan Chinh Ward, Thanh Xuan District, Hanoi.
Hotline: +84 967 818 020
Email: hanoi@siglaw.vn
 
Branch in Central Area:
Địa chỉ: 177 Trung Nu Vuong Street, Hai Chau District, Da Nang, Vietnam
Hotline: 84 967 818 020
 
Branch in Ho Chi Minh:
Address: 21 N4 street, Commercial service and housing complex at No.16/9 Bui Van Ba street, Tan Thuan Dong Ward, District 7, Hochiminh city.
Hotline: 84 967 818 020
Email: hcm@siglaw.vn
 
Free Consultation 24/7: +84 967 818 020