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Starting a business in Vietnam

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The legal forms that operate in Vietnam are LLC, LLP, JSC and others. Each of the options has certain features.

Starting a business in Vietnam

Many entrepreneurs are planning to open a business abroad. So, many are interested in the Asian region, which is distinguished by favorable conditions for business. So, every entrepreneur can open a business in Vietnam. It is enough to get acquainted with the peculiarities of doing business in this country.

Favorable conditions for investors

The country encourages investors and offers exemption from taxes and duties on imports, the possibility of obtaining land for rent. Investors are offered to pay taxes with a delay. There are some advantages in terms of jurisprudence - openness to the economy, access to sea routes. The authorities are loyal to non-residents. In Vietnam, you can find many areas for development and business. Each client gets the opportunity to apply for a residence permit.

Types of OPF

The legal forms that operate in Vietnam are LLC, LLP, JSC and others. Each of the options has certain features. So, LLC is the same as a limited liability company, JSC is, in fact, a JSC, for which 3 or more founders are provided.

How to choose the right OPF?

Experts analyzed and found that the best solution is to open an LLC, since it has a small list of requirements. You will need to collect a small package of documents. Also, opening a company in this organizational and legal form provides for the opportunity to own the company by 100%.

In any case, if you decide to open a business in Vietnam, you will need expert advice. They will help in choosing a direction for starting a business, as well as offer profitable taxation systems.

Documents for company registration

The selection of documents depends on which OPF you choose. You will need to prepare a passport, a certificate of good conduct, a list of participants with a dossier and other data. More information about the list of documents can be found on the website. By contacting specialists, you can get not only consulting services, but also full legal support.

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