Company Incorporation Services In Vietnam

Conditions on rental service of machinery and other equipment without controller (CPC 83109)

Last modified: 18/02/2021

1. Legal Based. WTO, FTAs, AFAS, VKFTA.

2. Detailing Conditions

2.1. WTO, FTAs: not committed yet.
2.2. VKFTA: None, except for mining equipment and drilling equipment; commercial telecommunications, television and radio equipment.

  • Ratio of foreign investors’ ownership in charter capital of a business organization: not exceeding 51%;
  • Type of investment: joint venture.

Equipment brought into Vietnam must comply with Vietnam’s relevant regulations on import and export management, standards and technical requirements, ensuring no loss of national security or affecting telecom infrastructure. national communication according to Vietnamese regulations and regulations of specialized law on licensing telecommunications and licensing to use radio and frequency equipment.

2.3. AFAS: None, except:

  • Ratio of foreign investors’ ownership in charter capital of a business organization: not exceeding 51%;
  • Type of investment: joint venture.

Equipment brought into Vietnam must comply with Vietnam’s relevant regulations on import and export management, standards and technical requirements, ensuring no loss of national security or affecting telecom infrastructure. national communication according to Vietnamese regulations and regulations of specialized law on licensing telecommunications and licensing to use radio and frequency equipment.

2.4. The Law of Vietnam: No regulation on investment conditions applicable to foreign investors.

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