Tips to optimize the cost of FDI company establishment services - "all-in" package without worrying about additional costs

```html 💡 Tips to Optimize the Cost of FDI Company Establishment Services: Navigating "All-In" Packages Without Hidden Charges As a foreign business owner contemplating investment in Vietnam, you likely face a common dilemma: the need for reliable, comprehensive support versus the fear of unpredictable costs and legal complexities. The promise of an "all-in" service package for establishing your Foreign Direct Investment (FDI) company often seems like the ideal solution. This article, presented from the perspective of an experienced legal advisor, aims to demystify "all-in" packages and provide actionable strategies to ensure your investment journey in Vietnam is as transparent and cost-effective as possible. Our goal is to empower you with the knowledge to make informed decisions, ensuring your "all-in" package truly delivers comprehensive value without the worry of hidden charges. Key Insights: ...

Business Registration in Vietnam: How to Choose the RIGHT Business Code—A CRUCIAL Step for Foreign Investors!

 


Are you a foreigner planning to set up a company in Vietnam? ✨ The business registration procedure is your very first step, and within that, selecting the correct business code is absolutely critical! Making a mistake at this stage can lead to unnecessary legal complications down the road. ⚠️

The business code is not just a number on your license—it clearly defines the legal scope of your company’s activities in Vietnam. ✅

Choosing the right code will help you:
✅ Strictly comply with Vietnamese legal regulations
✅ Easily determine whether your business line is “conditional” (requires extra permits or certificates)
✅ Build a solid foundation for long-term business operations


So, How Do You Choose the Most Suitable Code for Your Planned Activities in Vietnam?

This process requires careful attention and understanding of the Vietnam Standard Industrial Classification (VSIC), especially as regulated by Decision No. 27/2018/QD-TTg.

Here are the basic steps you need to follow:
List in detail ALL your intended business activities
Consult the Vietnamese economic sector classification to find the most suitable code
Read carefully the descriptions, including “Includes” and “Excludes” sections for each code to ensure accurate selection
Prioritize selecting a 4-digit code or more detailed codes if available
Cross-check your chosen code with the list of “conditional” business sectors in Vietnam to know if you need to meet additional requirements


This process can be complicated, especially for foreigners unfamiliar with Vietnam’s legal system. Getting it right from the very beginning is essential to avoid problems later on. 🌸


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