I. Establish a company

Search for land and factories: Each locality has a specific land use plan for production and industrial activities. Industrial parks and industrial clusters also plan products that are allowed to be produced in the area. Investors need to check whether the area they are interested in is in an area where production activities are allowed, ensuring that production activities do not conflict with local legal regulations and environmental protection.

Apply for an Investment Registration Certificate (“IRC”): Before applying for an IRC, Foreign Investors need to have a specific investment project in Vietnam. This project must be proposed and provide detailed information on objectives, implementation methods, investment capital and other related factors. Foreign Investors apply for an IRC according to the provisions of the Investment Law at the Industrial Zones Management Board or the Department of Planning and Investment of the province/city where the factory is located.

Apply for an Enterprise Registration Certificate (“ERC”): After being granted an IRC, the Foreign Investor establishes a Company by applying for an ERC at the Department of Planning and Investment of the province/city where it is located. manufacturing factory. The Company will be responsible for implementing the investment project according to the approved content in the IRC, including investment capital contribution, project implementation schedule and production start time….

Comply with general provisions of the law: like other companies established and operating in Vietnam, foreign-invested companies must comply with and implement legal regulations on taxes and labor,…

II. Meets the conditions for production operations

Investors intending to establish a foreign-invested manufacturing company in Vietnam must meet the following documents and procedures:

• There must be a suitable investment project and project implementation location;
• Ensure financial capacity to implement investment projects;
• Meet the conditions of environmental protection, security and order, fire prevention and fighting according to regulations in the production sector;
• Ensuring conditions on investment form, scope of project activities, Vietnamese partners participating in investment activities and other conditions according to the provisions of international treaties to which the Socialist Republic of Vietnam Nam is a member;
• Ensure to meet the requirements on charter capital ownership ratio when making investments in accordance with Vietnamese law and international treaties to which the Socialist Republic of Vietnam is a member;
• Conditions for establishing foreign-invested enterprises in the manufacturing sector

IV. About Us, Hankuk Law Firm

■ Hankuk Law Firm – Introduction

The goal of the legal services provided by HANKUK LAW FIRM is to support businesses, investors, and people. Our organization employs skilled Korean lawyers, partners, and professionals to provide legal services to businesses related to corporations and litigation.

To support the startup process, our lawyers and staff provide a wide range of services, including business law consulting, tax and immigration law consulting, real estate services, business consulting, marketing and communications, human resources, product distribution, franchise options, etc. We provide expert advice on every aspect of your business needs.

To protect the legitimate rights and interests of our clients and achieve the best results, we provide legal advice and participate in civil lawsuits related to business, labor, marriage, family, and inheritance.

■ Contact us now

For reliable and effective legal advice, please contact HANKUK LAW FIRM now. We are committed to providing you with the best possible answers and our team of experienced lawyers has extensive knowledge in many legal fields. We are always here to provide the most competent and dedicated support, whether you are dealing with contractual issues, commercial disputes or need guidance on foreign investment. HANKUK LAW FIRM is honored to have assisted hundreds of domestic and international clients in skillfully resolving complex legal issues as their trusted legal partner. Do not let legal issues hinder your success. Let us accompany you towards legal achievement and comfort. For prompt guidance and support to ensure your rights are always maintained at the highest standards, contact HANKUK LAW FIRM now.

■ Contact Hankuk Law Firm:

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