Since Vietnam joined WTO in 2007, the international integration makes foreign entrepreneur and enterprise treat Vietnam as a potential and emerging economy in Asian, and spend more interesting in doing business in Vietnam. Some advantages could be taken is cheap labor, emerging economic, supportive business environment and favorable geographical location (Read more on: Why should you invest in Vietnam?), however, barriers of language and culture difference, a complex licensing procedure, complicated legal system make a high barriers to entrance Vietnam market for foreigner. We understand the difficulties of any FDI companies when doing business in Vietnam.
With our experiences consultant teams in different approaching industries and expertise in Vietnam, we are offering the service of company establishment service under type of foreign-owned company in Vietnam (we call FDI companies).
A 100% foreign-owned company (100% FOC) is a type of Vietnam business entity which enables foreign investor and entrepreneurs to become owner and start their business/company in Vietnam.
A 100% FOC allows foreign investor to do business officially, implement commercial activities for their product and service. It allows investors to make profits and issue local invoices in VND to its customers, which is crucial as invoices are the basis for obtaining tax deductions in Vietnam; moreover, the profit could be bring back to their home country legally as indicated in Vietnam Law on investment 2014.
At GBEE, our expert teams who have qualified experience in dealing with service, trading and manufacturing company incorporation can assist you in achieving all compulsory certificates for your business in Vietnam within limited times and competitive prices.