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Do you want to set up a factory for doing manufacturing and production in Ho Chi Minh City in Vietnam?

Sunday - 08/09/2019 22:09
ABS accompanies you to establish a folder in order to obtain the permit from the Vietnamese Government to set up a factory in Vietnam.
Do you want to set up a factory for doing manufacturing and production in Ho Chi Minh City in Vietnam?
 Factory in Vietnam

The investment license and the director position constitute the entirety of the factory in Vietnam.
The investment license
The investment license allows to define the capital amount and to divide the investors's parts within the factory in Vietnam.
The position of director
The position of director represents the legal and financial responsible of the factory in Vietnam.
Set up factory Ho Chi Minh City Vietnam    

Investment into the capital of the factory in Vietnam

The Vietnamese government determines a financial investment according to the activity of the factory in Vietnam.
It represents a guarantee that the foreign investor is capable of financing his project in Vietnam.
Note : The foreign investor has to transfer the financial investment into the bank account of the factory in Vietnam, within the first 90 days of the company's creation.

Use of the investment of the factory in Vietnam

Set up factory Ho Chi Minh City Vietnam    
Buying or renting a personal residence (apartment, house...).
Set up factory Ho Chi Minh City Vietnam    
Buying or renting a workplace for the factory (offices, factories...).
Set up factory Ho Chi Minh City Vietnam
Buying or renting means of transport (cars, scooters, trucks...).
Set up factory Ho Chi Minh City Vietnam    
Buying work equipment, raw materials...
Set up factory Ho Chi Minh City Vietnam
Paying employees and subcontractors of the factory...
Set up factory Ho Chi Minh City Vietnam    etc...

Documents to be provided if the financial investment comes from a company

Set up factory Ho Chi Minh City Vietnam    
The balance sheet of the company for the previous year.
Set up factory Ho Chi Minh City Vietnam    
The audit of the balance sheet certified by an accounting body of the state.
Set up factory Ho Chi Minh City Vietnam
The document concerning the registration of the company.
Set up factory Ho Chi Minh City Vietnam    
The bank certificate of the company's cash.
Set up factory Ho Chi Minh City Vietnam
The passport of the factory's responsible in Vietnam.
Set up factory Ho Chi Minh City Vietnam    
The business visa of the factory's responsible in Vietnam.
Set up factory Ho Chi Minh City Vietnam
The address of the head office of the factory in Vietnam.

Documents to be provided if the financial investment comes from an individual

Set up factory Ho Chi Minh City Vietnam    
The passport of the factory's responsible in Vietnam.
Set up factory Ho Chi Minh City Vietnam    
The business visa of the factory's responsible in Vietnam.
Set up factory Ho Chi Minh City Vietnam    
The certificate of the personal bank account of the foreign investor.
Set up factory Ho Chi Minh City Vietnam
The address of the head office of the factory in Vietnam.
Set up factory Ho Chi Minh City Vietnam    

Address of the factory in Vietnam

It is mandatory to provide the rental agreement of the property in which the factory is located in Vietnam to constitute the file.

The head office

The head office represents a fixed address of the factory in Vietnam.

The service office

The service office represents a temporary address of the factory in Vietnam.
Set up factory Ho Chi Minh City Vietnam    

Price to create a factory in Vietnam

The price depends on the activity of the factory in Vietnam (there is no VAT of 10% if the payment comes from outside of Vietnam).

Set up factory Ho Chi Minh City Vietnam  
 
Delay to create a factory in Vietnam
The delay is between 2 and 4 months.
The delay begins when the file is complete and filed in the Vietnamese government offices.
Set up factory Ho Chi Minh City Vietnam    

Additional costs for a factory in Vietnam

1. The creation of the factory's bank account in Vietnam : the cost depends on the selected bank.

2. The USB key which will allow the relation between the accountant of the factory in Vietnam and the Vietnamese tax : the cost is around 50 USD to 200 USD for 1, 2 or 3 years.

3. The accountant of the factory in Vietnam (mandatory) : the cost is around 25 USD to 50 USD per month.

4. The official stamp of the ministry of foreign affairs of Vietnam : the cost is around 25 USD / folder.

5. The official stamp of the concerned embassy located in Vietnam on the documents constituting the admission file : the cost depends on the embassy of the country and the number of documents to be stamped.

6. The official stamp of a Vietnamese notary on Vietnamese documents : the cost is around 5 USD / page.

7. The translation in Vietnamese of all the documents constituting the admission file : the cost is around 6 USD / page.

8. The replacement in the investment license of the temporary address by the fixed address of the factory in Vietnam : the cost is around 200 USD.

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