New Text Notification

Conditions for issuing business licenses to foreign investors in Vietnam

08:23, 19/01/2018

Below is a notable content in Decree 09/2018/ND-CP on guidelines for the Law on Commerce and the Law on Foreign Trade Management regarding sale of goods and other activities directly related to sale of goods of foreign investors and foreign-invested business entities in Vietnam.

The 04 following cases required different conditions for issuing business licenses to foreign investors in Vietnam:

A foreign investor from a country or territory which has acceded to a treaty to which Vietnam is a signatory and under which Vietnam has committed to open its market for sale of goods and other related activities

A foreign investor not from a country or territory which has acceded to a treaty to which Vietnam is a signatory

Case of services for which Vietnam has not committed to open its market as specified in international treaties to which Vietnam is a signatory

Case of goods for which Vietnam has not committed to open its market as specified in international treaties to which Vietnam is a signatory, including: Lubricants; rice; sugar; recorded items; books, newspapers and magazines

More details can be found in Decree 09/2018/ND-CP effective from January 15, 2018 and replacing Decree 23/2007/ND-CP.

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