The investor must apply for a certificate of investment in establishing a company with 100% foreign capital in the following cases:
Investment projects of foreign investors.
Having foreign investors holding 51% or more of the charter capital or having the majority of the general partners being foreign individuals if the business organization is a partnership
Having an economic organization specified above holding 51% of the charter capital or more
Having foreign investors and economic organizations mentioned above holding 51% of the charter capital or more.
The application for the certificate is also a lot of papers. Lawyers Luatvn.vn will help you.
Time to issue the certificate: For investment projects not subject to investment policy decision: 15 – 20 working days from the date of receipt of complete application.
For investment projects subject to investment policy decision: 05 – 10 working days from the date of receipt of the decision on investment policies.
Procedures for establishment of companies with 100% foreign investment capital
Enterprises can only open 100% foreign-invested companies when they have completed the application for investment registration. The steps for establishment are as follows:
Prepare documents to establish a company with 100% foreign investment
Application for business registration
Copies of the following documents:
Passport or other legal personal identification of members who are individuals
Certificate of registration of establishment of a 100% foreign owned company or an equivalent document of the organization; Authorization letter; Passport or other legal personal identification of the authorized representative of the member being the organization
+ If the member is a foreign organization, the copy of the Business Registration Certificate or an equivalent document must be consularly legalized.
Certificate of investment registration for foreign investors in accordance with the Law on Investment.
Agency for submission: Business registration agency
Time: 03-05 working days from the date of receipt of a valid application
Post a foreign-owned company establishment announcement
After being granted an enterprise registration certificate, an enterprise must make a public announcement on the National Business Registration Portal according to the order and procedures and pay fees.
Implementing agency: Reporting section of the Business Registration Authority
Enterprise’s seal engraved
– This step is carried out after obtaining the Business Registration Certificate and publishing the enterprise establishment report.
– Enterprise can engrave seal at a unit with seal engraving function. Under the Enterprise Law 2015, businesses have the right to decide on the quantity, as well as the form of the seal.
– Implementing agency: Reporting section of the Business Registration Authority
– Time: 03 working days from the date of receipt of complete and valid documents
Establishing a company with 100% foreign capital will need a lot of papers and procedures. Therefore, the most economical way for businesses to choose an authorized unit does this. Luatvn.vn with many years of experience in supporting company establishment registration is confident that you will be your companion to your business.
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