SBLAW would like to provide clients the legal procedure and attorney fee for setting up company in Vietnam for reference.
| A. Region of Service Coverage | 52 cities in Vietnan |
| B. SERVICE LIST | |
| Service Name | Service Details |
| 1. To establish a Foreign Investor Company to carry out following business activities: import-export of oil and lubricants – The investor is an organization | Step 1: Applying for Investment Registration Certificate (IRC): Within 20 working days;
Step 2: Applying for Enterprise Registration Certificate (ERC): Within 07 working days; Step 3: Applying Business License: 20 working days We can only confirm possibility of success after receiving all Client information. Some Clients may not be granted this License. It depends upon the licensing authority. Service Fee: - For obtaining IRC and ERC: from 3,520USD (Three thousand five hundred and twenty United States Dollar) to 3,960USD (Three thousand nine hundred and sixty United States Dollar); - For obtaining Business License: At least 11, 660USD (Eleven thousand six hundred and sixty US Dollar). We can only confirm the possibility of success after receiving all Client information. Some Clients shall not be granted this License.
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| 2. To establish a Foreign Investor Company to carry out following business activities: import-export of oil and lubricants – The investor is individual | The Vietnamese government does not allow formation of an entity that carries out import-export of oil and lubricants if the foreign investor is an individual. |
| 3. To establish a Foreign Investor Company to carry out following business activities: import-export of goods (not banned and that are not oil and lubricants) – The investor is an organization | Step 1: Applying for IRC: Within 20 working days
Step 2: Applying for ERC: Within 07 working days.
Service Fee: - For obtaining IRC and ERC: from 3,520USD (Three thousand five hundred and twenty United States Dollar) to 3,960USD (Three thousand nine hundred and sixty United States Dollar) |
| 4. To establish a Foreign Investor Company to carry out following business activities: import-export of goods (not banned and that are not oil and lubricants) – The investor is individual | Step 1: Applying for IRC: Within 20 working days;
Step 2: Applying for ERC: Within 07 working days; Step 3: Applying Business License: 20 working days upward. Service Fee: - For obtaining IRC and ERC: from 3,520USD (Three thousand five hundred and twenty United States Dollar) to 3,960USD (Three thousand nine hundred and sixty United States Dollar)
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| 5. To establish a Foreign Investor Company to carry out following business activities: import-export of wholesale oil and lubricants– The investor is an organization | Step 1: Applying for IRC: Within 20 working days;
Step 2: Applying for ERC: Within 07 working days; Step 3: Applying Business License: 20 working days upward. Service Fee: - For obtaining IRC and ERC: from 3,520USD (Three thousand five hundred and twenty United States Dollar) to 3,960USD (Three thousand nine hundred and sixty United States Dollar) - For obtaining Business License: At least 16,060 USD (Sixteen thousand two and sixty United States Dollar); We can only confirm the possibility of success after receiving all Client information. |
| 6. To establish a Foreign Investor Company to carry out following business activities: import-export of wholesale oil and lubricants– The investor is individual | The Vietnamese government does not allow formation of an entity that carries out import-export of wholesale oil and lubricants if the foreign investor is an individual. |
| 7. To establish a Foreign Investor Company to carry out following business activities: import-export of wholesale-retail goods excluding rice, sugar, recorded items, books, newspapers and magazines (not in association with setting up of retail establishment) – The investor is an organization. | The Vietnamese government does not allow formation of an entity that carries out import-export of wholesale-retail goods excluding rice, sugar, recorded items, books, newspapers, and magazines (not in association with setting up of retail establishment) if the foreign investor is an organization. |
| 8. To establish a Foreign Investor Company to carry out following business activities: import-export of wholesale-retail goods excluding rice, sugar, recorded items, books, newspapers and magazines (not in association with setting up of retail establishment) – The investor is individual | The Vietnamese government does not allow formation of an entity that carries out import-export of wholesale-retail goods excluding rice, sugar, recorded items, books, newspapers, and magazines (not in association with setting up of retail establishment) if the foreign investor is an individual. |
| 9. To establish a Foreign Investor Company to carry out following business activities: import-export of wholesale-retail goods excluding rice, sugar, recorded items, books, newspapers and magazines (in association with setting up of retail establishment) – The investor is an organization | Step 1: Applying for IRC: Within 20 working days;
Step 2: Applying for ERC: Within 07 working days; Step 3: Applying Business License: case by case basis Service Fee: - For obtaining IRC and ERC: from 3,520USD (Three thousand five hundred and twenty United States Dollar) to 3,960USD (Three thousand nine hundred and sixty United States Dollar) |
| 10. To establish a Foreign Investor Company to carry out following business activities: import-export of wholesale-retail goods excluding rice, sugar, recorded items, books, newspapers and magazines (in association with setting up of retail establishment) – The investor is individual | Step 1: Applying for IRC: Within 20 working days;
Step 2: Applying for ERC: Within 07 working days; Step 3: Applying Business License: 20 working days upward. Service Fee: - For obtaining IRC and ERC: from 3,520USD (Three thousand five hundred and twenty United States Dollar) to 3,960USD (Three thousand nine hundred and sixty United States Dollar) - For obtaining Business License: case-by-case basis. |
| 11. Establish restaurant enterprise | Step 1: Applying for IRC: Within 20 working days;
Step 2: Applying for ERC: Within 07 working days; Service Fee - 3,520 USD (Three thousand five hundred and twenty dollars). This fee is for setting up Enterprise only (not for obtaining Certificate of satisfaction of conditions for fire-fighting and prevention, Environment Protection Commitment and Certificate of Food, Safety and Sanity. This is to be quoted on case-by-case basis). |
| 12. To establish a Foreign Investor Company to carry out construction services | Step 1: Applying for IRC: Within 20 working days;
Step 2: Applying for ERC: Within 07 working days; Service Fee: - For obtaining IRC and ERC: from 3,520USD (Three thousand five hundred and twenty United States Dollar) to 3,960USD (Three thousand nine hundred and sixty United States Dollar) |
| 13. To establish a Foreign Investor Company for manufacture or processing of electronic components | Step 1: Applying for IRC: Within 20 working days;
Step 2: Applying for ERC: Within 07 working days; Service Fee: - For obtaining IRC and ERC: from 3,520USD (Three thousand five hundred and twenty United States Dollar) to 3,960USD (Three thousand nine hundred and sixty United States Dollar) |
| 14. To establish a Foreign Investor Company to manufacture other product(s) inside an industrial zone | Step 1: Applying for IRC: Within 20 working days;
Step 2: Applying for ERC: Within 07 working days; Service Fee: - For obtaining IRC and ERC: from 3,520USD (Three thousand five hundred and twenty United States Dollar) to 3,960USD (Three thousand nine hundred and sixty United States Dollar) |
| 15. Establishment of mechanical processing enterprise | Step 1: Applying for IRC: Within 20 working days;
Step 2: Applying for ERC: Within 07 working days; Service Fee: - For obtaining IRC and ERC: from 3,520USD (Three thousand five hundred and twenty United States Dollar) to 3,960USD (Three thousand nine hundred and sixty United States Dollar) |
| 16. Establishment of plastic processing enterprise | Step 1: Applying for IRC: Within 20 working days;
Step 2: Applying for ERC: Within 07 working days; Service Fee: - For obtaining IRC and ERC: from 3,520USD (Three thousand five hundred and twenty United States Dollar) to 3,960USD (Three thousand nine hundred and sixty United States Dollar) |
| 17. Establishment of software outsourcing enterprise | Step 1: Applying for IRC: Within 20 working days;
Step 2: Applying for ERC: Within 07 working days; Service Fee: - For obtaining IRC and ERC: from 3,520USD (Three thousand five hundred and twenty United States Dollar) to 3,960USD (Three thousand nine hundred and sixty United States Dollar) |
| 18. Establish short-term English training center | Step 1: Applying for IRC: Within 20 working days;
Step 2: Applying for ERC: Within 07 working days; Step 3: Apply for Training License Within 30 working days: Step 4: Apply for Operation License within 20 working days Service Fee: - For obtaining IRC, ERC, and Training License: from 7,040USD (Seven thousand and forty United States Dollar) to 7,480USD (Seven thousand four hundred and eighty United States Dollar) |
| 19. Establish a pre-school | Step 1: Applying for IRC: Within 35 working days;
Step 2: Applying for ERC: Within 07 working days; Step 3: Apply for Training License Within 30 working days: Step 4: Apply for Operation License within 20 working days Service Fee: - For obtaining IRC, ERC, and Training License: from 7,920USD (Seven thousand nine hundred and twenty United States Dollar) to 9,240USD (Nine thousand two hundred and forty United States Dollar) |
| 20. Establishment of supermarket selling goods | Step 1: Applying for IRC: Within 20 working days;
Step 2: Applying for ERC: Within 07 working days; Step 3: Applying Business License: case by case basis Service Fee - case by case basis. |
| 21. Work permit for foreign worker | Step 1: 15 working days for Explanation Letter for Foreign Labor Demand;
Step 2: 05 working days for Work permit Service Fee - 880USD (Eight hundred and eighty United States Dollar) |
| 22. To adjust the Investment Certificate to add following business activities: import-export of oil and lubricants | Step 1: Adjustment of IRC: Within 15 working days
Step 2: Adjustment of ERC: Within 05 working days Step 3: Applying Business License: 20 working days Service Fee
- For obtaining Business License: At least 11,660USD (Eleven thousand six hundred and sixty United States Dollar). We can only confirm possibility of success after receiving all Client information. Some clients shall not be granted this License.
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| 23. To adjust the Investment Certificate to add following business activities: import-export of goods (that are neither banned, nor oil and lubricants) | Step 1: Adjustment of IRC: Within 15 working days
Step 2: Adjustment of ERC: Within 5 working days Service Fee: - 2,200USD (Two thousand and two hundred United States Dollars)
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| 24. To adjust the Investment Certificate to add the business activity of wholesale oil and lubricants | Step 1: Adjustment of IRC: Within 15 working days
Step 2: Adjustment of ERC: Within 5 working days Step 3: Applying Business License: 20 working days upward
Service Fee
- For obtaining Business License: At least 11,660USD (Eleven thousand six hundred and sixty United States Dollar). We can only confirm possibility of success after receiving all Client information. Some clients shall not be granted this License.
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| 25. To adjust the Investment Certificate to add the business activity of wholesale goods (that are neither banned nor oil and lubricants). | Step 1: Adjustment of IRC: Within 15 working days
Step 2: Adjustment of ERC: Within 5 working days Step 3: Applying Business License: 20 working days upward
Service Fee
- At least 3,740USD (Three thousand seven hundred and forty United States Dollars). |
| 26. To adjust the Investment Certificate to add the business activity of retail goods excluding rice, sugar, recorded items, books, newspapers and magazines (not in association with setting up of retail establishment). | The Vietnamese government does not allow adjustment to the Investment Certificate to add the business activity of retail goods excluding rice, sugar, recorded items, books, newspapers, and magazines (not in association with setting up of retail establishment). |
| 27. To adjust the Investment Certificate to add the business activity of retail goods excluding rice, sugar, recorded items, books, newspapers and magazines (in association with setting up of retail establishment). | Step 1: Adjustment of IRC: Within 15 working days
Step 2: Adjustment of ERC: Within 5 working days Step 3: Applying Business License: Case by case basis Service Fee
- case by case basis. |
| 28. To adjust the Investment Certificate to add the business activity of retail goods such as rice, sugar, recorded items, books, newspapers and magazines (this is only possible if FDI enterprises already have retail outlets in the form of supermarkets, mini supermarkets, and convenience stores to sell the above goods) | Step 1: Adjustment of IRC: Within 15 working days
Step 2: Adjustment of ERC: Within 5 working days Step 3: Applying Business License: Case by case basis Service Fee
- case by case basis. |
| C. Any Add-on Services | |
| Obtaining Temporary Residence Permit | $484 USD |
| Bank Account opening, if charged | N/A |
| Preparing, reviewing and negotiation for contract | $178USD/01 working hour |
| D. Any Special Terms and Conditions |
| - Our fee is exclusive of translation cost for translating documents provided by Client from other language into Vietnamese; travelling and accommodation if it is required our lawyer to travel out of Hanoi or Ho Chi Minh City.
- We reserve our right to re-quote our legal service fee in case there is any change of policy from Vietnam Competent Authority. - SB Law shall let INDAH know of any change to government fee in a timely manner. |
Note: All the service fee includes government fees.
