The issue that needs to be considered is the business line.
In order for the company to be able to operate, the company must register the appropriate business lines, related to business activities.
Non-conditional businesses
If the selected line of business does not require conditions, the enterprise can go into operation after the establishment of the company. This is considered non-conditional business area which most of company would do.
Conditional businesses
However, if the investor chooses a conditional business line to start a business in Vietnam, the enterprise must meet the necessary requirements, apply for a business license as prescribed, and then go into operation. This is considered conditional investment area where there are some restrictions being required license, minimum charter capital, foreign ownership ratio…
Read more: How to Start a Business in Vietnam as A Foreigner?
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