The market economy is developing day by day, trade activities and integration are expanding. Vietnam is a country with great economic potential and resources, which attracts many investors to open companies in Vietnam.
News: What is required documents to open a company in vietnam?
For domestic investors, when establishing an economic organization, it is necessary to carry out procedures for applying for a Enterprise Registration Certificate.
For foreign investors, before establishing an economic organization in Vietnam, they must have an investment project and carry out procedures for issuance of an Investment Registration Certificate. Then carry out the procedures to apply for a Enterprise Registration Certificate to establish an economic organization or implement a project. This is a license issued to companies operating under the Enterprise Law 2020 and the Investment Law 2020 in Vietnam.
For foreign investors who want to invest directly in Vietnam, they must first have an investment project and carry out procedures for an Investment Registration Certificate. Then carry out the procedures for applying for an Enterprise Registration Certificate to establish an economic organization or implement a project. This is an investment registration certificate issued to a foreign-invested company, according to the Investment Law 2020.
The content recorded on the two types of paper includes the following information:
Enterprise Registration Certificate (ERC) | Investment Registration Certificate (IRC) |
The business identification number is also the tax code | Name of the investment project |
Business name: Vietnamese name, Name of international transaction payment, Abbreviated name | Who are the investors? |
Business address, smartphone number, email, website, fax | Location of the project and the area of land the project will use |
Registered Charter Capital | Objectives of the project being invested, scale of investment activities |
Details of the type of company: For Joint Stock Company: Show the number of Shares For Limited Liability Company with 2 members or more Capital Contributing members For Single Member Limited Liability Company: Company owner | The source of the project investment capital clearly shows the contributed capital and mobilized capital |
Legal representative of the Company | How long is the duration of the investment project? How is the progress of the project in terms of capital contribution, capital mobilization, and project goal implementation progress? If the project operates in phases, it should be clearly shown according to those milestones |
Forms of project incentives, investment support, bases and conditions for application of the project. | |
Contents of conditions, this part is for investors when implementing the project. |
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