OPEN THE RESTAURANT IN VIETNAM

# Quote (Open a restaurant in Vietnam) 

According to WTO accession commitments, the foreign directly investor with 100% foreign capital (FDI) into Vietnam in the field of distribution must comply with time schedule: From 1/2007, mandatory joint ventures with Vietnamese partners with foreign capital not exceeding 49%. Since 1/2008, it is permitted to joint ventures and not limited to the proportion of foreign capital in the venture. Since 1/2009, there is allowed to set up businesses (DN) 100% foreign investment in the retail sector. And only since 1/2015, the FDI is open restaurants do not need to own the hotel project.

The advantage of investors

The investor has two options below:

-         Set up new business with 100% foreign capital in restaurants, hotels and coffee.

-         Acquisition of chain restaurants, coffee, hotels are in Vietnam.

LHD Law Firm advises to the investor

-       LHD counseling locations by local planning for the opening of the restaurant, coffee, hotel.

-         Apply for guidelines of projects

-         Preparation of documents and explanations of the investment license

-         Apply for investment certificate

-         Apply for certificate of food safety of restaurant, coffee, hotel.

-         Advice and protection of trademarks, brand monopoly

-         Other advice relating to activities of restaurant, coffee, hotel.

Please kindly contact with us if Clients need more information