Share purchase – Capital contribution – to be a shareholder of local company.

Việt Luật » Tin tức – Kiến thức » Tin Việt Luật » Share purchase – Capital contribution – to be a shareholder of local company.

Vietnam officially became a member of the World Trade Organization (WTO) in 2007. There has been a wave of  M&A activities in Vietnam since then. Vietnam’s M&A market experienced a strong recovery in 2014.

How to obtain control of a local company

The most common means of obtaining control over a local company are as follows:

The acquisition of shares through:

  • Buying shares from the existing shareholders of the company;
  • Buying shares of a listed company on the stock exchange;
  • Through a merger. The 2014 Law on Enterprises sets out the procedures for company mergers by way of a transfer of all lawful assets, rights, obligations and interests to the merged company, and for the simultaneous termination of the merging companies.
  • Through the acquisition of assets.
  • Join in the local company as a new shareholder.

There are restrictions on the purchase of shares of local companies by foreign investors based on the commitment of Vietnam in WTO with the limitation. At this time, almost the activities are permitted for foreign investors who come from the countries that are members of WTO. Some activities like advertisement, logistics and transportation are permitted in joint venture company.

PROCEDURE AND OUR SERVICE 

1. Document requirement:

+ If the investor is an individual:

  • Authenticated copy of passport of the investor
  • Authenticated copy of Business Registration Certificate of local company.

+ If the investor is an organization:

  • Authenticated copy of the representative’s  passport.
  • Authenticated copy of License or Certificate of the investor
  •  Authenticated copy of Business Registration Certificate of local company.

 2. Time for approval and service fee:

There are 2 steps for registration that takes 20 working days based on the law. In practice, it takes longer . However, we can shorten the time with our effort and good relation to the licensing Authority. Please call us or email for details of time for approval and service fee.

We are looking forward to being your legal partner to support all the investors to Vietnam.

Establishment of Foreign Invested CompanyEstablishment of Foreign Invested Company

Mr. Huynh Man

  • Email: [email protected]
  • Phone/SMS: +84-936234777
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Our team  are available to assist all the investors who would like to invest in Vietnam 

Share purchase – Capital contribution – to be a shareholder of local company.
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2017-04-03T09:17:22+00:00