Question:
Is there any minimum capital requirement for a large-scale project which develops 100% by the foreign investor? If there is no specific amount or percentage of minimum capital, is there any other guideline that would be considered?
Answer:
I am Lawyer of SB Law. I was entrusted to provide you legal advice regarding to following issue.
Under Vietnam Law, except for several conditional investment sectors such as bank, securities, real estate etc, we do not impose any specific amount or percentage of capital. For non-conditional investment sector, foreign investor shall be responsible to account the suitable investment capital for their project in Vietnam in medium or long term. Competent authority shall then review and conclude whether such proposed amount is feasible or not.
In this case, in order to provide you accurace and comprehensive advice, please let us know what business sector that you are interested? However, if you have any further inquiry, do not hesitate to contact us. We are looking forward to hearing from you soon.
