Friday, January 19, 2018

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GBS just completed three projects of setting up 100% foreign invested companies in Vietnam

Global Business Service (GBS) Company Limited  just completed three projects of setting up 100% foreign invested companies in Vietnam for Asia Pacific Outsourcing Ltd (Australia, Sixb-trading Ltd (British Virgin Islands, & QAM Ltd (Singapore, All of these companies offically launched from November 2012.

For this project type, GBS support client to incorporate and register a new firm in Vietnam, the jobs to be completed are:

  • Check the proposed company name; obtain a business registration certificate as well as a tax registration certificate from the local business registration office under the Department of Planning and Investment
  • Make a company seal & Registration of the sea-sample at the Police Department
  • Open a bank account & Publish announcement in a daily newspaper
  • Buy pre-printed VAT invoices from the Municipal Taxation Department or obtain and print self-printed VAT invoices
  • Register with the local labor office to declare use of labor (Municipal Department for Labor, Invalids and Social Affairs).
  • Register employees with the Social Insurance Fund for the payment of health insurance and social insurance.
  • Register for trade union with Vietnam General Confederation of Labour

GBS is one of the leading consulting firms in Vietnam, helping clients achieve their goals by combining the highest global standards with local expertise. The firm is structured around practice areas of Investment Consulting (set up 100% Foreign Company, Joint Ventures, Foreign Representative Office in Vietnam and guiding clients through the numerous Government procedures and regulations.); Corporate Legal Support (Advising and drafting of corporate and commercial agreements); Tax and Employment (Accounting service, Employment Contracts, Work Permit, Personal Income Tax service); Management & Corporate Administration Services.


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