Sinasean would like to point out a professional outline of the procedure to register a Foreign Direct Investment (FDI) company in Vietnam (or similarly in other ASEAN countries), ideal for business consultancy content or advisory presentations.
🏢 Consulting on the Procedure to Register an FDI (Foreign Direct Investment) Company
Establishing an FDI enterprise requires careful navigation of legal, procedural, and regulatory steps. Sinasean provides end-to-end consultancy to support foreign investors in successfully setting up and operating a business in Vietnam and ASEAN countries.
📋 Step-by-Step FDI Registration Procedure in Vietnam
(May vary slightly depending on business sector and location)
1. Pre-licensing Consultation
✅ Evaluate investment project viability
✅ Identify the appropriate legal structure (e.g., LLC, JSC, RO)
✅ Check business lines and WTO/FTA commitments
✅ Conduct location and zoning checks (for specific industries)
2. Apply for the Investment Registration Certificate (IRC)
Issued by the Department of Planning and Investment (DPI)
📄 Includes:
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Investment objectives
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Investor information
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Project location, scale, and capital
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Investment timeline
⏱️ Processing time: ~15 working days
3. Apply for the Enterprise Registration Certificate (ERC)
Issued after IRC approval
📄 Includes:
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Company name, structure
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Business address
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Legal representative
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Charter capital
⏱️ Processing time: ~5–7 working days
4. Post-Licensing Procedures
✅ Carve company seal
✅ Open a capital bank account
✅ Contribute charter capital within 90 days
✅ Register tax code and invoice usage
✅ Register employees and labor contracts
✅ Obtain sector-specific sub-licenses (if required)
5. Additional Licenses or Permits (if applicable)
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Business license (for retail, trading)
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Construction permits
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Environmental impact assessments
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Fire safety approvals, etc.
🤝 How Sinasean Supports to connect the trusted law firrms to This Process:
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Legal advisory and documentation preparation
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Liaison with DPI and local authorities
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Translation and notarization support
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Post-registration services (HR, tax, IP, compliance)
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Continuous updates on regulatory changes