Foreign investment Corporate law in Vietnam
1 foreign investment
1.1 foreign owned enterprise
1.2 joint venture
1.3 business cooperation contract
1.4 bot/ bto/ bt
foreign investment
both foreign , domestic investments treated under loi. foreign investors , expatriates working foreign-invested businesses or business co-operation contract can remit investment capital, profits , other assets, , income abroad respectively. there 4 types of foreign investment in vietnam:
100% foreign owned enterprise (foe);
joint-venture enterprise (jv);
business co-operation contract (bcc); and
building–operation–transfer/building– transfer–operation/building–transfer. (bot/bto/bt)
foreign owned enterprise
foreign investors may establish economic organizations or llcs in form of 100% capital of foreign investors.
joint venture
foreign investors may enter joint venture there @ least 1 foreign , 1 domestic investor. operational duration of foreign invested project cannot exceed 50 years; government thinks necessary continue, cannot exceed 70 years. foes recommended on joint ventures , can formed through application of investment licenses. joint ventures face problems such corruption , lack of control on business.
business cooperation contract
foreign investors may invest in contractual agreements vietnamese partners cooperate on specific business activities. form of investment not constitute new legal entity , investors have unlimited liability bcc s debts.
bot/ bto/ bt
a foreign investor can sign such contract state body implement projects expansion , modernization of infrastructure projects in sectors stipulated government.
Comments
Post a Comment