To help Clients start business in Vietnam, ANT Consulting
introduces the service to assist in setting up business venture in
Vietnam.
Foreign investors could
make direct investment in Vietnam through setting up one hundred per cent
(100%) capital of foreign investors, or establishing joint venture between
domestic and foreign investors, or investing in the contractual
forms of: BCC, BO, BTO, and BT
Types of enterprise for
foreign investors to invest in Vietnam are as following:
A limited-liability
company may not issue securities to mobilize capital.
The main difference
between Joint Stock Company and Limited Liability Company is the Joint Stock
Company can raise funds by offering shares or securities. In addition, an
enterprise tends to join the Stock exchanges or public company must be a Joint
Stock Company. Management system of Joint Stock Company is more
complicated than Liability Company.
c) Partnership
Unlimited liability
partners must be individuals who shall be liable for the obligations of the
company to the extent of all of their assets. Limited liability partners
shall only be liable for the debts of the company to the extent of the amount
of capital they have contributed to the company.
Representative Office is
not allowed to directly conduct profit making activities in Vietnam (i.e: the
execution of contracts, direct payment or receipt of funds, sale or purchase of
goods, or provision of services)
The Branch is permitted
to conduct activities being the purchase and sale of goods and other commercial
activities consistent with its license for establishment in accordance with the
law of Vietnam and any international treaty to which the Socialist Republic of
Vietnam is a member.
Business co-operation
contract (BCC) means the investment form signed between investors in order to
co-operate in business and to share profits or products without creating a
legal entity.
Build-operate-transfer
contract (BOT) means the investment form signed by a competent State body and
an investor in order to construct and operate commercially an infrastructure
facility for a fixed duration; and, upon expiry of the duration, the investor
shall, without compensation, transfer such facility to the State of Vietnam.
Build-transfer-operate
contract (BTO) means the investment form signed by a competent State body and
an investor in order to construct an infrastructure facility; and, upon
completion of construction, the investor shall transfer the facility to the
State of Vietnam and the Government shall grant the investor the right to operate
commercially such facility for a fixed duration in order to recover the
invested capital and gain profits.
Build-transfer contract
(BT) means the investment form signed by a competent State body and an investor
in order to construct an infrastructure facility; and, upon completion of
construction, the investor shall transfer the facility to the State of Vietnam
and the Government shall create conditions for the investor to implement
another project in order to recover the invested capital and gain profits or to
make a payment to the investor in accordance with an agreement in the BT
contract.
Foreign investors may
sign BOT, BT and BTO contracts with a competent State body to implement
infrastructure construction projects in Vietnam. Typically, the contracts are
for projects in the fields of transportation, electricity production, water
supply, drainage and waste treatment.
ANT Consulting is here
to assist you from the outset; providing corporate intelligence, risk advisory, management consulting services
that assist market entrance, and ensure efficient business start-up operation
We strive to save your
cost by guiding you towards economical solutions that comply with local
legislation and procedures. We support you through early logistic solutions and
carry you through as your business grows. We aim to bridge the gap
between international best practices and local cultures and assist foreign
companies and organizations entering Vietnam market to overcome commercial and
regulatory issues.
We could be reached at email: ant@antconsult.vn or
tel: +848 3520 2779 . To learn more about us, please visit
www.antconsult.vn
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