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Info needed to start a business in Vietnam

13 years ago
I have recently been to Vietnam and I am very keen on finding out how to start a business there. Therefore I am currently researching on what it takes get one started.

I'm particularly interested in what kind of business structure to create based on the requirements.

Here are some of the questions I currently have:

1. My business will be involved in the food and beverage industry (maybe setting up a cafe) and exporting Vietnamese coffee. Based on this, which of the two is recommended? A 100% foreign owned company or a Vietnamese Joint venture company? (or is there another alternative?)

2. What kind of incentives does the government provide for foreign investments?

3. How big of a difference in terms of benefit between the foreign owned company and the joint venture?

4. Will there be any restrictions in my line of business in terms of ownership percentages?

5. What would be the tax rate for a business in the food and beverage industry (e.g, setting up a café) and exporting coffee?


I am also interested in these factors

1. What location do you recommend? I have been to Nha Trang and Hoi An and I see potential there. Saigon is also another possibility due to the expat community there.


2. What is the initial start-up to open a cafe?

3. What kind of cost and paperwork is involved to export Vietnamese coffee?

Any advice or resource would be greatly appreciated!

Thank you!

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AGS Worldwide Movers

SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB Global
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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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Help others in Vietnam by answering questions about the challenges and adventures of living in Vietnam.

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