COMPANY IN VIETNAM
LAWFUL CASH-FLOWS AND REQUIRED COMPLIANCES

LAWFUL CASH-FLOWS AND REQUIRED COMPLIANCES

COMPANY IN VIETNAM
LAWFUL CASH-FLOWS AND REQUIRED COMPLIANCES

(Last Updated On: October 28, 2021)
LAWFUL CASH-FLOWS AND REQUIRED COMPLIANCES

LAWFUL CASH-FLOWS AND REQUIRED COMPLIANCES

Vietnam Top Business Opportunities: Vietnam has been developing strongly after joining the World Trade Organization since 2007, has already signed 12 bilateral and multilateral Free Trade Agreements, thanks to the expansion of relations and reform policies.

Local business compliance procedures: Investors in Vietnam can grab more business opportunities in Vietnamese market thanks to the current political and economic context in Vietnam. Properly managing the required local compliance procedures according to local laws and regulations will help to avoid the risks and also enhance your business advantage.

VIVA can support you identify the allowed cash-flows for a foreign investment company in Vietnam and required compliances for the important transactions such as: Oversea bank account of investors | Local investment bank account | Local current – payment bank accounts…

FORMS OF BUSINESS – INVESTMENT CASH-FLOWS – REQUIRED COMPLIANCES

The most common form of legal entities in Vietnam are:

  1. Limited liability company
  2. Joint stock company
  3. Incorporated partnership
  4. Representative office

The list of required business licenses that a foreign invested company shall be granted:

  1. Investment registration certificate (for foreign investors to invest in Vietnam directly).
  2. Enterprise registration certificate (for doing business in line with local business laws).
  3. Business license (for trading activities).
  4. Registration website for providing e-commerce service
  5. Other permits depending on the actual operation (Regarding environmental, fire protection, conditional industries).

The lawful cash-flows that foreign investors shall keep in mind:

  1. Oversea bank account of investors
  2. Local investment bank account
  3. Local current – payment bank accounts
  4. Capital contribution
  5. Loans
  6. Allowed transactions and required compliances
  7. Withdraw profits

 

LAWFUL CASH-FLOWS AND REQUIRED COMPLIANCES

LAWFUL CASH-FLOWS AND REQUIRED COMPLIANCES

DOWNLOAD FLYER

 

REQUIRED COMPLIANCE PROCEDURES

  1. Manage required business records
  2. Manage employment relations
  3. Manage taxation
  4. Accounting – auditing
  5. Acquiring and selling
  6. Transformation
  7. Transferring shares

ABOUT VIVA BUSINESS CONSULTING

VIVA Business Consulting Service: Became the trusted brand name since 2006, where the entrepreneurs can rely on for any local business compliance procedures. We have been successfully providing services for thousands of leading companies from Hong Kong, Japan, US, EU, Singapore, India, China, Korea….

Motivated by our core values of ceaseless improvement, our great insights in local business culture and regulations, as well as the exclusive services, promise to offer you one-stop and tailored-made solutions that optimize every of your business in Vietnam in the lawful manner.

Business Consulting Services

  • Services for Expats in Vietnam: Visa, Work Permit, Temporary residence card, Compulsory Insurances, Personal Income tax, Labor contracts, Employment Records and Relations, Other Secretarial Services.
  • Services for Representative in Vietnam: Establishment, extension of representative office licenses. Required compliance procedures during operation. Rights and obligations of the chief of representative office. Closure of representative office risks management.
  • Services for a company in Viet Nam: Setting up a new company and licensing service. Business records management. Daily business transactions management. Tax management. Accounting and financial statements. Employments, payroll and compulsory insurances. Representative on behalf at competent state agencies for any business administration procedures.

A partner who has comprehensive expertise and experience in local business laws and regulations can help the investors shortcut entry procedures, avoid and prevent most of legal risks, create business advantages and keep their good standing.

Motivated by our core values of ceaseless improvement, our great insights in local business culture and regulations, as well as the exclusive services, promise to offer you one-stop and tailored-made solutions that optimize every of your business in Vietnam in the lawful manner.

We are looking to be your valued business partner and resources in Vietnam as we have been choosing since 2006.

Footer content lv2

Chat with consultants

Read more:

Internal audit plan

Business records management

Doing business in Vietnam – register a company

Managing the required compliances for a company in Vietnam

Enter Vietnam during the covid period – who can grant the entry visa

Limited liability company (p1) – multi-member limited liability company

Limited liability company (p2) – single-member limited liability company

Capital contribution for establishment a company – what you need to know

Account for payment, withdrawals capital of foreigners who invest directly in Vietnam – what you need to know

Requirements for taking foreign loans applied to FDI companies – foreign loans subject to registration with the state bank



error: Alert: Content is protected !!