New regulations
Roadmap for setting up a foreign-invested company
By LÊ THỊ LỆ DUYÊN — Managing Partner
From the investment approval to the first invoice, how many steps does an investor go through, and how long does it take?
Foreign investors routinely underestimate the time needed for the initial administrative steps. A realistic roadmap makes business planning far more accurate.
Main steps
- Confirm market access conditions for the intended business lines
- Obtain the investment registration certificate
- Obtain the enterprise registration certificate
- Company seal and direct investment capital account
- Tax, e-invoice and labour registrations
Where delays come from
Conditional business lines, financial capacity evidence and consular legalisation of foreign documents are the three most common reasons files take longer than planned.