INVESTMENT VISA IN VIETNAM

TYPE AND TIME LIMITS

INVESTMENT VISAS – WHO?

Investment visas are issued to foreign investors to reside in Vietnam for a certain period. The investor may be allowed to get investment visas – temporary residence cards without a work permit.

 “Investor” means an organization or individual that carries out business investment activities. Investors include domestic investors, foreign investors and foreign-invested business organizations. “Foreign investor” means an individual holding a foreign nationality or an organization established under foreign laws and carrying out business investment activities in Vietnam.

INVESTMENT VISAS – TIME LIMITS?

According to the Law on entry, exit, transit, and residence of foreigners in Vietnam has come into force from July 10, 2020, depending on the investment capital, there are 04 types of investment visas, time limits of the cards can be from 1 to 10 years:

1. VISA – ĐT1 has time limits of visa up to 10 years – Issued to foreign investors investing in Vietnam and contributing capital of VND 100 billion or more or investing in business lines benefitting from investment incentives.
2. VISA – ĐT2 has time limits of visa up to 5 years – Issued to foreign investors investing in Vietnam and contributing capital of VND 50 billion to less than VND 100 billion or investing in business lines benefitting from investment incentives treatment decided by the Government.
3. VISA – ĐT3 has time limits of visa up to 3 years – Issued to foreign investors investing in Vietnam and contributing capital of VND 3 billion to less than VND 50 billion.
4. VISA – ĐT4 has time limits of visa not exceeding 12 months – Issued to foreign investors investing in Vietnam and contributing capital of less than VND 3 billion.

INVESTMENT VISAS – COMPLIANCE PROCEDURES ON CHARTER CAPITAL

1. Sources of capital.
2. Capital accounts.
3. Paid-up capital.
4. Remit profits from Vietnam.
5. Transferring capital.
6. Withdraw your capital from Vietnam.
7. Corporate legal documents: Collect the required papers – Review the completions as per local regulations – Hand over standard folders with hard and soft copies of records:
   • Business licenses: Investment registration certificate; business registration certificate; registration certificates for branches, representative offices, business locations, warehouses; operating licenses for specific areas.
   • Property rights: Lease contracts; certificates in the protection of intellectual property rights; property ownership certificates; valuation documents – valuation certificates;
   • Ownership relationship: The right to rent; Company Charter and amendments thereto; administration and management documents of the Members’ Council, the Board of Directors, and the Shareholders’ General Meeting.
   • Other compliance documents: Internal labor regulations, collective labor agreements, regulations on remuneration, environment, fire protection, and occupational safety, etc.

INVESTMENT VISAS – WHY CHOOSE VIVA BUSINESS CONSULTING?

VIVA BUSINESS CONSULTING, the one-stop solution for foreign investors and experts in Vietnam about the required business compliance procedures, thanks to our unique combination of local expertise and global experiences. We are still here, since 2006 because of our thousands of satisfied clients and our employees. Our staying power is a testament to the professional resources, and so much more.

VIVA focuses on business compliance, since 2006, we keep supporting local and FDI enterprises in fully complying with local business laws and regulations, in effective and optimal ways, identifying and preventing most of the common risks in advance.

VIVA is proudly a 100% Vietnamese consulting company and has been chosen by thousands of investors and FDI companies as their confident partner and successful business in Vietnam. Our staying power is thanks to our deep insights, and consistent backgrounds and practice in local business laws and regulations since 2006.

Read more:

• Doing business in Vietnam – Company’s charter
• Vietnam work permit for foreigners – What you need to know
• Temporary Residence Card in Vietnam – What you need to know
• Evisa – new regulation on entry and exit for foreigners in Vietnam
• Visa entry Vietnam, types and time limits – what you need to know
• Limits of investment visas for foreign investors in Vietnam since 2020
• Capital contribution for the establishment of a company – what you need to know
• Vietnam company register – investor’s temporary residence card and time limits
• Account for payment, withdrawals capital of foreigners who invest directly in Vietnam