Conditional Business Investment Licensing

CONDITIONAL BUSINESS INVESTMENT LICENSING

In Vietnam, enterprises have the right to enjoy freedom in the sectors and trades that are not banned by law and to fully meet all business conditions when conducting business in sectors and trades subject to business investment conditions prescribed in the List promulgated together with Law No. 03/2016/QH14 amending the Law on Investment.

Conditions for business investment in the sectors and trades subject to business investment conditions shall be prescribed in laws, ordinances, decrees and treaties to which the Socialist Republic of Vietnam is a contracting party and are applied in one or several of the following forms:
a/ License;
b/ Certificate of eligibility;
c/ Practice certificate;
d/ Certificate of professional liability insurance;
e/ Written certification;
g/ Other forms of document as prescribed by law;
h/ Conditions without having to obtain any written certification or consent.

Enterprises that meet the conditions for business investment have the right to be issued with documents stipulated in points a, b, c, d, e and g (collectively referred to as licenses or conditional business licenses). Queenlaw provides consulting services and implements procedures for requesting conditional business licenses (aka sub-licenses) as follows:

I FIELD OF PUBLIC SECURITY
1 Making seals 56 days ₫ 46.000.000 Legal documents:
– Law on Investment
– Decree No 96/2016/ND-CP
– Circular No 218/2016/TT-BTC
Business registration certificate 06 days ₫ 1.000.000
Advice on ensuring fire prevention and security conditions direct ₫ 10.000.000
Draft the fire protection record 10 days ₫ 6.000.000
Draft the security file ₫ 9.000.000
Support to implement administrative procedures at agencies: FPFRP, DJ, PC and ASSP. Including: Hanging Regulations, Orders, 02 fire extinguishers; Judical records, Confirmation and Evaluation fees. 20-40 days ₫ 20.000.000
2-month warranty Free
Results: Certificate of eligibility for security and order to be a seal maker
2 Pawn services 66 days ₫ 51.000.000 Legal documents:
– Law on Investment
– Decree No 96/2016/ND-CP
– Circular No 218/2016/TT-BTC
Business registration certificate 06 days ₫ 1.000.000
Advice on ensuring fire prevention and security conditions direct ₫ 10.000.000
Draft the fire protection record 10 days ₫ 10.000.000
Draft the security file ₫ 10.000.000
Support to implement administrative procedures at agencies: FPFRP, DJ, PC and ASSP. Including: Hanging Regulations, Orders, 02 fire extinguishers; Judical records, Confirmation and Evaluation fees. 30-50 days ₫ 20.000.000
3-month warranty Free
Results: Certificate of eligibility for security and order to be a pawn house
3 Printing services 81 days ₫ 54.000.000 Legal documents:
– Law on Investment
– Decree No 96/2016/ND-CP
– Circular No 218/2016/TT-BTC
– Decree No 60/2014/ND-CP
– Decree No 25/2018/ND-CP
Business registration certificate 06 days ₫ 1.000.000
Advice on ensuring fire prevention and security conditions direct ₫ 10.000.000
Draft the fire protection record 10 days ₫ 5.000.000
Draft the security file ₫ 8.000.000
Support to implement administrative procedures at agencies: FPFRP, DJ, PC and ASSP. Including: Hanging Regulations, Orders, 02 fire extinguishers; Judical records, Confirmation and Evaluation fees. 20-40 days ₫ 20.000.000
6-month warranty Free
Results: Certificate of eligibility for security and order to be a printer
Advice on ensuring operation conditions direct ₫ 5.000.000
Draft the dossier of application for printing license 05 days ₫ 2.000.000
Support to implement administrative procedures at provincial People’s Committees 10-20 days ₫ 3.000.000
Result: Print operation license
4 Trading in paint spray guns (Similar)
5 Debt collection services (Similar)
6 Security services (Similar)
7 Accommodations services (Similar)
8 Massage services (Similar)
9 Karaoke or ballroom services (Similar)
10 Cosmetic surgery services (Similar)
II OTHER FIELDS
1 Wine and liquor trading 20-50 days ₫ 10-200.000.000 Decree No 105/2017/ND-CP
2 Pharmaceutical trading 30-50 days ₫ 20-100.000.000 Law No 105/2016/QH13
3 Travel services 30 days ₫ 30.000.000 Law No 09/2017/QH14
Decree No 168/2017/NĐ-CP
4 Job placement services 21-36 days ₫ 10.000.000 Law No 10/2012/QH13
5 Production of cosmetics 30-45 days ₫ 20.000.000 Decree No 93/2016/ND-CP
6 Transportation 1,5-4 months ₫ 100-200.000.000 Decree No 86/2014/ND-CP
7 Foreign language center 45-60 days ₫ 28.000.000 Decree No 46/2017/ND-CP
8 (The list is continuously updated)  —  —

 

Please do not hesitate to contact Queenlaw for advice on sectors and trades banned from business investment, sectors and trades subject to conditional business investment and conditions for business investment in such sectors and trades.


Read more
»  Vietnam Standard Industrial Classification (VSIC)
»  List of 243 sectors and trades subject to conditional business investment of the Law on Investment of Vietnam