VIETNAM DT4 VISA - Business Creation

VIETNAM DT4 VISA - BUSINESS CREATION

Introduction to Vietnam

Vietnam known as a fascinating country with a rich history, beautiful landscapes, delicious cuisine, and a bright future. Furthermore, Vietnam is a rapidly developing country with a growing economy and a vibrant culture. The country has made significant progress in improving living standards for its people.

The investment can be made in an existing Vietnamese company or in a brand-new company set up by the main applicant. Under this stream, the applicant will not need a work permit as he/she will enjoy work permit exemption. Spouse and children under 18 are included in the application. The residence card issued to the investor and his family will be issued for up to 2 years renewable as long as the business activity is maintained.

DT4 VISA - BUSINESS CREATION ADVANTAGES

Long stay visa up to 1 year
Work permit up to 2 years
Possibility of applying for Temporary Residence Card with same validity as the work permit
Right to live and work in Vietnam
No language requirement
No specific requirement on the source of funds

REQUIREMENTS

Incorporate and manage a legal entity in Vietnam where the applicant plans to settle
Obtain Investment Registration Certificate (IRC)
Obtain Enterprise Registration Certificate (ERC)
Certain conditional business activities are subject to specific operation license

INVESTMENT

Make a direct investment of at least USD 70,000
Certain conditional business lines are subject to specific minimum investment requirements

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