GBS – Global Business Services LLC, a business law firm, makes it easier to start a business in Vietnam through its business registration service, the Associated Press (APNews) reported.
According to APNews, the service is now available on the https://gbs.com.vn website. The service supports foreign companies in applying for multiple business and tax registrations. Included in the package: Checking the availability of the company name; Investment Registration Certificate (IRC); Enterprise Registration Certificate (ERC); the company’s seal and seal registration certificate and the company’s tax code; Open a bank account. It means that foreign companies no longer have to go to multiple agencies to register.
Initiatives announced after many foreign investors complained about the business registration process in Vietnam are being improved, but challenges remain.
streamline company registration will benefit foreign investors who need to start their business in Vietnam or add a registration to their existing business.
The Business Registration Service for business and company registration supports companies to register without contacting the agencies individually as GBS contacts agencies on behalf of its clients.
Company Registration in Vietnam
GBS provides all relevant information clearly at the touch of a button. Application form for the IRC; company charter; outline of the feasibility study for the establishment of the company will be prepared and submitted to the agencies after confirmation by companies by GBS. If necessary, GBS will verify the status of the application and collect IRC on behalf of companies.
“Vietnam remains an attractive investment destination for many companies. Despite the impact of the COVID-19 pandemic, foreign direct investment flows to Vietnam rose to a new record in recent years. We are happy to support many foreign companies from all over the world to identify business opportunities and expand their business in the country,” said Sophie Dao, partner of GBS.
The most preferred legal entities to incorporate in Vietnam are limited liability company (LLC) and limited liability company (JSC). Companies can also open a representative office in Vietnam or a branch if they already had business in other countries.
For advice on starting your foreign invested business in Vietnam, please contact Ms. Sophie Dao at: sophie@gbs.com.vn, hotline: +84903189033 or visit the company’s website at: https://gbs.com.vn
