Market entry

Entering the Vietnamese market requires a foreign investor to assess market-access conditions correctly under investment law and the international commitments Vietnam has entered into (WTO, CPTPP, EVFTA), and on that basis to choose the right investment form and legal entity — a wholly foreign-owned company, a joint venture, a branch or a representative office. The establishment process runs through the Investment Registration Certificate (IRC) and the Enterprise Registration Certificate (ERC), together with any sub-licences where the business line is conditional. An inaccurate file, or an overlooked market-access condition, can delay licensing or force repeated amendments.

• Assessing market-access conditions by business line and against international commitments (WTO, CPTPP, EVFTA)
• Advice on the investment form and legal entity to use (100% foreign-owned, joint venture, branch, representative office)
• Preparing and filing the application for the Investment Registration Certificate (IRC)
• Preparing and filing the application for the Enterprise Registration Certificate (ERC)
• Advice on the capital structure and support in opening the direct investment capital account (DICA)
• Obtaining sub-licences for conditional business lines where applicable
• Registering the tax code and company seal and making the initial labour declaration
• Support with post-establishment formalities (e-invoicing, social insurance and others)