Full service of establishing FDI enterprises in Long Phan

FDI enterprises opens up attractive investment opportunities in the Vietnamese market under the framework of the Law on Investment 2020 and new preferential policies. Long Phan is proud to provide comprehensive consulting services for establishing FDI enterprises, accompanying foreign investors from investment registration to completing business licenses. The following article by Long Phan will share effective processes and solutions to help investors quickly realize business plans in Vietnam.

What is an FDI enterprise? Forms of establishing FDI enterprises in Vietnam?

FDI enterprise (Foreign Direct Investment) is an economic organization with direct investment capital from abroad, established and operating in accordance with Vietnamese law. Pursuant to Article 21 of the Law on Investment 2020, investment forms of FDI enterprises include:

• Investing in establishing economic organizations in Vietnam;
• Investing in capital contribution, buying shares, purchasing capital contributions of other enterprises;
• Investment in the form of a BCC contract (also known as a business cooperation contract);
• Implement investment projects;
• New forms of investment and types of economic organizations according to Government regulations.

Some notes when establishing FDI enterprises in Vietnam

When establishing an FDI enterprise in Vietnam, investors need to note a number of important points to ensure the process goes smoothly and complies with legal regulations. Here are the basic notes:

1. Check investment industries to know which industries are prohibited or restricted from investing in Vietnam. At the same time, fully prepare the necessary conditions for conditional business lines or sublicense requirements.
2. Learn about suitable investment forms including direct investment and investment in the form of buying shares and capital contributions.
3. Carry out procedures to apply for an Investment Registration Certificate.
4. Note about investment incentives such as tax incentives as well as conditions for enjoying investment incentives in Vietnam.
5. Post-establishment compliance: After establishment, businesses need to complete initial tax declaration procedures, pay license tax, and register to use digital signatures to perform electronic tax transactions.

Mastering the above notes will help foreign investors establish and operate FDI enterprises in Vietnam effectively and in full compliance with legal regulations.

Our comprehensive, in-depth FDI enterprise establishment service

Service scope

Our FDI business establishment services include all legal, financial, and administrative aspects related to the process of establishing and operating FDI enterprises in Vietnam. Specifically:

1. Consulting before investing

• Consulting on choosing a business model: Evaluate and choose a suitable business model (limited company, joint stock company, joint venture, branch, representative office).
• Consulting on investment fields: Explaining industries with conditions, restrictions, and investment incentives according to Vietnamese law.
• Analyze project feasibility: Evaluate legal, financial factors, and investment opportunities, including tax incentives and other benefits for FDI enterprises.

2. Carry out investment registration procedures

• Draft and submit applications for investment policy approval and investment registration documents: Prepare all necessary documents, including investment plans, financial documents, and environmental protection commitments…
• On behalf of customers, contact and work with competent authorities to ensure procedures are processed quickly and accurately.
• Monitor progress and handle arising problems: Monitor the appraisal and approval process of documents, resolve problems if any.

3. Establishment of FDI enterprises

• Drafting company charter: Creating necessary legal documents for business registration, such as company charter, list of shareholders/members, and other related documents.
• Register for a business code: Carry out procedures to apply for a business code and tax code for new businesses.
• Seal engraving and information disclosure: Support for engraving legal entity seals and publishing business information on the National Information Portal on business registration.

4. Post-incorporation compliance services

• Tax registration and financial procedures: Consulting on tax registration, bank account establishment, and initial tax requirements.
• Customs and import-export support: Consulting on customs regulations, goods inspection, and applying for licenses related to import and export.
• Comprehensive accounting and tax services: Providing accounting, tax, and financial management consulting services for businesses after establishment.

Service provision process

To ensure the process of establishing an FDI enterprise is quick, accurate and effective, the process of providing consulting and support services at Long Phan will be carried out according to the following steps:

Step 1: Receive request and initial consultation

• Identify customer needs: Receive information about investors’ needs and desires, including investment fields, business models and operating locations.
• Preliminary consultation: Answer initial questions about the process of establishing an FDI enterprise, legal conditions, investment incentives, and related costs.

Step 2: Prepare and submit investment registration documents

• Drafting documents: Prepare documents to apply for an Investment Registration Certificate, including detailed investment plans, financial documents, and related commitments.
• Submit application: Customer representative submits application at the competent authority (Department of Planning and Investment, Industrial Park Management Board, or Provincial People’s Committee).
• Monitoring application processing: Continuously monitor application processing progress and resolve additional or adjustment requests from state agencies.

Step 3: Carry out business establishment procedures

• Drafting establishment documents: Prepare necessary documents to register a business, including company charter, list of shareholders/members, and related documents.
• Register a business code: Carry out procedures to apply for a Business Registration Certificate at the Provincial Business Registration Office.
• Engrave the seal and publish information: Engrave the legal entity seal and publish business information on the National Information Portal on business registration.

Step 4: Support in opening capital accounts and contributing investment capital

• Opening a bank account: Support opening direct investment capital accounts at designated banks.
• Implement capital contribution: Consulting and supporting investors to transfer capital to investment capital accounts according to regulations.

Step 5: Complete post-establishment procedures

• Tax declaration and tax account registration: Support businesses with initial tax declaration, payment of license tax, and registration to use digital signatures to perform electronic tax transactions.
• Customs support: Consulting on procedures for importing machinery and raw materials and applying for necessary licenses for import and export activities.

Benefits of using a professional consulting and support unit when establishing an FDI enterprise

Using a professional consulting and support unit when establishing an FDI enterprise in Long Phan, customers will receive many benefits:

• Save time and effort for businesses;
• Limit legal risks due to expert advice;
• Documents are prepared professionally and in accordance with regulations;
• Procedures are handled quickly and effectively;
• Receive support to resolve arising problems;
• Update the latest legal information;
• Reasonable and transparent costs.

With a team of experienced experts, Long Phan is committed to providing high quality services, supporting FDI enterprises to do business in the most convenient way in the Vietnamese market.

Contact now for a free consultation

With experience in consulting on establishing FDI enterprises, Long Phan is committed to supporting foreign investors in completing procedures quickly and legally. Customers who need detailed advice on establishing an FDI enterprise, please contact Long Phan hotline through the following channels for free advice:

☎️ HOTLINE: 0906.735.386

📧 EMAIL: info@longphanpmt.com

📩 Zalo: 0906.735.386 – Long Phan

📌 Website: https://longphanpmt.com/

📌 COMPANY HEADQUARTERS: Lot TM7, Lavita Garden Apartment, 17 Street No. 3, Truong Tho Ward, Thu Duc City, Ho Chi Minh City.