Need-to-know basic business cost for new setting up in Vietnam
The cost of establishing and operating a business in the early stages is always one of the top concerns when Japanese investors invest in Vietnam. With the advantage of being a country with low cost, Vietnam is becoming an attractive destination for Japanese investors in all fields. The following information will provide Investors with an overview of the basic costs of establishing and operating a business in Vietnam. 1. Forming a foreign-invested enterprise No. Procedures Associated Cost 1 Applying for Investment Registration Certificate (“IRC”) at the Department of Planning and Investment $2,500 or more (Depending on business lines that Investors intend to do in Vietnam) 2 Applying for setting up a foreign-invested enterprise at the Department of Planning and Investment (After the IRC is granted) $500 - $800 3 Making a corporate seal ...