Foreign investors establishing or operating a company in Vietnam may require assistance in appointing a director, manager or legal representative who is available in Vietnam and capable of performing the relevant statutory functions. The expressions “nominee director” and “nominee legal representative” are sometimes used commercially to describe this type of support. However, under Vietnamese law,…
How much is Fee of forming company in Vietnam and What is procedure of company formation in Vietnam? Procedure of company registration: To open company in Vietnam for foreign-invested enterprise , there will be two steps involved in the procedures as follows: Ø Step 1: Applying for the Investment Registration Certificate (“IRC”) at Department of Planning and Investment or Authority of industrial…
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