Foreign direct investment (FDI) enterprise means an organization whose members or shareholders are foreign investors, established and operating in accordance with Vietnam’s laws that carry out business investment activities. Foreign investor means an individual holding a foreign nationality or an organization established under foreign laws and carrying out business investment activities in Vietnam.
Headquarter locations of a company or a representative office is a place where a company is legally allowed to use for the application for the license and its operating activities. In establishing a company in Vietnam, there are 09 important things you should keep in mind:
- A standard required papers for Head address are copies of memorandum of understanding (MOU) or leasing agreements or documents as proof of the right to use a location as the RO office. Copies of documents on the expected location of the office in accordance with related laws.
- Subject to its actual requirements, a company is entitled to choose a business location for its headquarter locations of a company, branch, representative office, showroom – shop, factory…
- Enterprise registration restrictions may apply to certain places which should be avoided such as non-commercial buildings, buildings or factories without completed land-related paperwork, places whose lessors are not licensed to do property business or locations where certain business lines are not permitted to be conducted.
- Foreign Representative offices and FDI companies shall be headquartered at locations that satisfies requirements for security, occupational hygiene and safety and others stipulated in laws of Vietnam. A lawful dossiers of land and house using certificate of the landlord are required.
- There are options between a virtual office for lawful address and physical office for actual daily working places.
- Some locations may enjoy corporate income tax incentives such as four-year tax exemption and 9-to-15-year tax reduction.
- To set up company in Vietnam, the founder must properly review legal matters under consultation before signing a contract, making a deposit or even spending on decoration an office and then, cannot register his business.
- Regarding preparation and signing of the renting contracts, the special attention should be paid to the terms of payment and deposit rights and obligations of the parties – circumstances arising in order to prevent the risks from the lessors during the contract duration.
- The founder of the enterprise may sign the rent contracts, serving the establishment and operation of the enterprise before and during the process of business registration.
If the enterprise establishment is permitted, the enterprise shall keep performing the duties and rights under the concluded contracts, unless otherwise agreed by the parties.
Experienced in local business laws and regulations since 2006, VIVA is always ready with solutions and resources that help our clients in reviewing and managing rental contracts and procedures of establishing a company or representative office in Vietnam. We help the founders to verify any potential risks and prevent its happen in advance. Please contact with our expertise should you have any query or questions.
ABOUT VIVA BUSINESS CONSULTING
VIVA is the local expertise for local business compliance procedures, has been trusted by thousands of foreign investors, multinational companies from Europe, Japan, Singapore, India, Korea, USA… for the required business compliance procedures by local laws and regulations since 2006.
Thanks for consistent of practice expertise in Business laws - Employment relations – Tax and accounting – Corporate finance – Corporate services, VIVA has been successfully providing service for thousands of leading companies in such industries: Garment, energy, pharma, advertising, agricultural…
VIVA keeps its signature by offering one-stop business platform with regard to market entry and the mandatory business compliances. We ensure for our client’s good standing, in lawful and optimal manners whenever they are working and doing business in Vietnam.
VIVA not only manage business required procedures by laws but firstly places client’s compliance and good standing, in the optimal methods when offering any solution, and integrated with our intensive resources that allow us to prevent most of the risks in advance, create more benefits, advantages and business inspiration for entrepreneurs.
The insights and consistent backgrounds in Business Laws – Accounting and Corporate Finance – Tax Management – Labor Relations and Payroll – Serectarial and consistent with our exclusive standard operation processes, consisting of consultation – implementation – pratice operation help us fully protect client interests as one-stop solution.
- An email and a phone call from us
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- An appointment with our experts
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Read more:
- Doing business in Vietnam: how to name the company
- Foreign direct investment in Vietnam: What you need to know
- Enterprise establishment procedures.
- Manage company’s compliance procedures.
- How to set up a company/enterprise in Vietnam?
- Form of enterpise: advantages and disadvantages.
- 05 Steps to Establish and Manage Business Properly
- Restructuring, dissolution, and bankruptcy of enterprises.
- Doing business in Vietnam: General terms and conditions.
- Investment In Vietnam: incentives on Corporate Income Tax (CIT)
- Doing Business In Vietnam – Regulations On The Legal Representative
- Headquarter locations of a company in Vietnam: 09 key things you shall keep in mind
