Investment license for residency

Post new topic

smellymooGuest26 April 2014 10:08:11

214245

I have been trying to find out more information on what I actually need to do and what paperwork I need to start a business to get residency. But everywhere gives me different info, and 90+% of is clearly black market, which I don't want, as I don't want to be kicked out of Vietnam.

I want to start a programming business, so there is no need for most pieces of paperwork.

basically:
1) I enter on a 3 month business visa, can get 1 extension of 1 month? (as I have heard so many different versions of this)
2) I get a investment license, what do I need for this?
3) I get a temporary residency permit, how quickly / easy is this? will it be done in the 3 month period?

smellymoo Guest

smellymooGuest26 April 2014 10:13:33

214245

Also how much does the investment license cost? do you get the money back if it fails?

charmavietnam ViP

Member since 17 April 2013

charmavietnamViP26 April 2014 11:02:19

2841

If you appointment some Law Firm they will do everything within 1 month. Their fee is different depends firms and locations. For more details about your company and other certificates, just make an appointment with them and visit directly. So they can give you proper advise and you may choose your suitable package. They will not charge you until you get your documents.

smellymoo Guest

smellymooGuest26 April 2014 12:22:02

214245

oh, they won't charge until I have a valid Investment license... that is good .

How will I know which one to use? I guess that's up to me to figure out. it will be in Da Nang, so I guess you can't help me.

charmavietnam ViP

Member since 17 April 2013

charmavietnamViP26 April 2014 12:33:26

2841

Yes.
That you should consult with a legal firm
If you have some Vietnamese friends there, they can help.

smellymoo wrote:
oh, they won't charge until I have a valid Investment license... that is good .

How will I know which one to use? I guess that's up to me to figure out. it will be in Da Nang, so I guess you can't help me.

Nam_ Serial expat

Member since 04 October 2012

Nam_Serial expat26 April 2014 13:34:21

246

smellymoo wrote:
basically:
1) I enter on a 3 month business visa, can get 1 extension of 1 month? (as I have heard so many different versions of this)

No, you should definitely be able to get two three month extensions (up to 9 months total) without leaving the country. Business or no if you apply for a three month visa I believe they will always give you the "business" visa.

Articles to help you in your expat project in Vietnam

Working in Vietnam
Anyone thinking about working in Vietnam is in for a treat. Compared to many Western countries, Vietnam's ...
Setting up a business in Vietnam
Foreign entrepreneurs from across the globe have been landing across Asia for decades. In August, Harvard ranked ...
Finding a job in Hanoi
With Vietnam's new visa regulations, you will need to secure a job before entering the country. Opportunities to ...
Working in Hanoi
The traditional capital of Vietnam is quickly becoming a professional's paradise. Attracting over 20,000 ...
Internships in Vietnam
Interning can be a wonderful eye-opening way to experience a new country, culture, and work climate in your ...
Working in Vietnam as a digital nomad
Vietnam is emerging as a new popular destination for digital nomads and downshifters. As the prices in most Asian ...
The Vietnamese labor market
Depending on your industry and patience, finding a job in Vietnam can be a challenge. Many companies and local ...
Working in Nha Trang
The city of Nha Trang, located in the province of Khanh Hoa, thrives on tourism. If you are looking for a job in ...