Business codes with additional conditions

 14.04.2019

Business codes with additional conditions for foreigners in Vietnam

Business in Vietnam

When you planning your business you have to make an objective assessment the amount of seed capital, it will influence at the scale of your idea. Make decision based of your skills and abilities. It would better to outline several options and then focus on details, making notes about significant features as a paperwork, select location, equipment and so on. Thereafter you can compare the different options and make your final decision.
   According the law of Vietnam “Of foreign investments” foreign investors can realize the following activities with additional conditions which must be approval by the relevant government authorities:

  1. Real estate;

  2. Special consulting services (legal, accounting, tax, architectural and engineering audit and others);

  3. Computer and related services;

  4. Scientific research and development;

  5. Rental services;

  6. Other activities of service sphere;

  7. Information services;

  8. Audio-visual services;

  9. Construction services;

  10. Trading;

  11. Education, training and related services;

  12. Environment protection;

  13. Medical and Social services;

  14. Tourism;

  15. Entertainment, culture and sport;

  16. Transport;

  17. Production and sale of goods;

  18. Agriculture.

Many activities from this list fall under preferential terms of taxes.

Please contact our consultants for details.

 

Read also:

Start company in Vietnam

Licenses and permits in Vietnam

Accounting and tax issues in Vietnam