VIETNAM DT4 VISA
Business Creation
VIETNAM DT4 VISA - BUSINESS CREATION
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.
ADVANTAGES
- Work permit valid up to 2 years subject to satisfaction of eligibility conditions;
- Renewable Temporary Residence Card same validity with the work permit;
- Right to live and work in Vietnam;
- No language requirement, no age limits;
- No specific requirements on source of funds and path of funds;
- No minimum requirement of investment amount.
- No language requirement, no age limits;
- No specific requirements on source of funds and path of funds;
- No minimum requirement of investment amount.
REQUIREMENTS
- Conduct the activities as opened for foreign investors;
- Certain conditional business activities are subject to specific operation license;
- Register the investment project in Vietnam;
- Incorporate a legal entity in Vietnam or take over an existing legal entity in Vietnam;
- Contribute a minimum of USD 150,000 to the charter capital in such legal entity;
- Be the owner/shareholder of such legal entity.
- Conduct the activities as opened for foreign investors;
- Certain conditional business activities are subject to specific operation license;
- Register the investment project in Vietnam;
INVESTMENT
- Make a direct investment of at least USD 70,000;
- Certain conditional business lines are subject to specific minimum investment requirements.
WHY WE SHOULD CHOOSE VIETNAM DT4 VISA - BUSINESS CREATION?
- No specific requirements for education, language proficiency, or age;
- Flexible conditions regarding the source and flow of investment capital;
- Access to Vietnam’s fast-growing economy and diverse business opportunities;
- Strategic location in Southeast Asia, ideal for regional business expansion;
- Supportive government policies and incentives for entrepreneurs and business creators.
PROCESS (4 – 6 months)
FAQ
WHAT IS THE VIETNAM INVESTMENT VISA PROGRAM – DT4 Business Creation ?
Vietnam DT4 Foreign Investor Visa program–Business Creation(“DT4 Program”) is a program offered to foreign investor who plans to create and operate a business in Vietnam
IS IT REQUIRED FOR SETTING UP OF A COMPANY IN VIETNAM?
The foreign investor can create a new legal entity or acquire an existing company in Vietnam for conducting business
IS IT POSSIBLE TO APPLY FOR A TEMPORARY RESIDENCE CARD ?
It is possible to apply for a temporary residence card with the work permit.
WHAT IS THE VALIDITY PERIOD OF THE WORK PERMIT?
Up to 2 years.
WHAT IS THE VALIDITY PERIOD OF THE TEMPORARY RESIDENCE CARD?
Same validity with the work permit.
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