REGULATIONS ON SECTORS OF LINES that MUST HAVE LEGAL CAPITAL
WHAT IS LEGAL CAPITAL?
Legal capital is the minimum amount of capital that an enterprise must have sufficient according to the provisions of law for business lines with corresponding capital conditions.
Legal capital under the Investment Law 2014 (effective from July 1, 2015) stipulates 267 conditional investment and business lines, including those requiring legal capital conditions.
And according to the Law on Enterprises 2014 (effective from July 1, 2015) when registering the application for company establishment, the enterprise is not required to declare the legal capital level in the new establishment dossier, but the enterprise must be responsible for the registration of the company. responsible for declaring to the "Management agency related to business lines" of their enterprise.
Thus, depending on you can register 50TR, 100Tr or 1 billion, 10 billion as you like.
LIST OF INDUSTRY SECTORS REQUIRED TO HAVE LEGAL CAPITAL
For ordinary business lines, the law does not stipulate the maximum or minimum amount of registered capital.
Except for the professions on the list below that require a minimum registered capital. If you still have problems that need advice on legal capital, please contact ABA VISA by Hotline: 0938165817 will give you immediate advice and answers.
| No | Career | Document | Legal capital | Object |
| 1 | Security services | Article 11 Decree 96/2016/ND-CP | 1,000,000 USD | A foreign business establishment contributes capital with a Vietnamese security service business establishment |
| 2 | Multi-level sales | Article 7 Decree 40/2018/ND-CP | 10 billion VND | |
| 3 |
Commodity Exchange |
Article 8 Decree 51/2018/ND-CP | 150 billion VND | |
| Article 17 Decree 51/2018/ND-CP | 5 billion dong | Broker member | ||
| Article 21 Decree 51/2018/ND-CP | 75 billion VND | Business member | ||
| 4 | Temporary import and re-export of frozen food products | Article 23 of Decree 68/2018/ND-CP | Deposit 10 billion VND, paid at credit institutions in the province or city where the enterprise has warehouses and yards | |
|
5 |
Trading in temporary import for re-export of goods subject to excise tax | Article 24 Decree 68/2018/ND-CP | Deposit 7 billion dong to be paid at a credit institution in the province or city where the enterprise is granted a business registration certificate or an enterprise registration certificate. | |
| 6 |
Trading in temporary import for re-export of used goods |
Article 25 Decree 68/2018/ND-CP | Deposit 7 billion dong to be paid at a credit institution in the province or city where the enterprise is granted a business registration certificate or an enterprise registration certificate. | |
| 7 | Establishment of a pedagogical secondary school | Article 78 Decree 46/2017/ND-CP | School construction investment capital is invested by lawful capital sources, excluding land value and must be guaranteed at least 50 billion VND. | |
| 8 |
Establishment of a pedagogical college |
Article 78 Decree 46/2017/ND-CP | School construction investment capital is invested by lawful capital sources, excluding the value of land, and must be guaranteed at least 100 billion VND. | |
| 9 | Establishment of a private university | Article 87 Decree 46/2017/ND-CP | Over 500 billion VND | |
| 10 | Labor sub-lease | Article 05 Decree 29/2019/ND-CP | Deposit 2 billion VND at commercial banks or foreign bank branches legally established and operating in Vietnam | |
| 11 |
Employment service |
Article 10 Decree 52/2014/ND-CP | Deposit 300 million dong) at the commercial bank where the enterprise opens the main transaction account | |
| 12 | Real estate business | Article 03 Decree 76/2015/ND-CP | 20 billion dong | |
| 13 | The Office of Dispatch | Article 18 Decree 61/2009/ND-CP | Deposit of 100 million VND for each bailiff or professional liability insurance. Deposits are made at a credit institution | |
| 14 |
Film production business |
Article 03 Decree 142/2018/ND-CP | 200 million VND | |
| 15 | Business travel services | Article 14 of Decree 168/2017/ND-CP | 100 million dong | Domestic travel service business |
| 250 million VND | Business travel services for international tourists to Vietnam | |||
| 500 million VND | Business travel services for tourists going abroad | |||
| 500 million VND | Business travel services for international tourists to Vietnam and tourists going abroad | |||
| 16 | Debt collection service business | Article 13 Decree 104/2007/ND-CP | 2 billion dong | |
| 17 |
Establishment of an insurance limited liability company |
Article 7 Decree 73/2016/ND-CP | Total assets at least equivalent to USD 02 billion in the year immediately preceding the year of applying for a License | Foreign organization |
| Total assets of at least VND 2,000 billion in the year immediately preceding the year in which the application for a License is submitted | Vietnamese organization | |||
| 18 | Non-life insurance and health insurance business | Article 10 Decree 73/2016/ND-CP | 300 billion won | |
| 19 |
Business of non-life insurance and health insurance and aviation insurance or satellite insurance |
350 billion won | ||
| 20 | Business in non-life insurance and health insurance, aviation insurance and satellite insurance | 400 billion won | ||
| 22 |
Life insurance business (except unit-linked insurance, retirement insurance) and health insurance |
Article 10 Decree 73/2016/ND-CP | 600 billion won | |
| 23 | Business life insurance and health insurance and unit-linked insurance or retirement insurance | 800 billion won | ||
| 24 |
Business life insurance and health insurance, unit-linked insurance and retirement insurance |
1000 billion won | ||
| 25 | Health insurance business | Article 10 Decree 73/2016/ND-CP | 300 billion won | |
|
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| No | Career | Document | Legal capital | Object |
| 26 | Non-life reinsurance business or both non-life reinsurance and health reinsurance | Article 10 Decree 73/2016/ND-CP | 400 billion won | |
| 27 |
Life reinsurance business or both life reinsurance and health reinsurance |
700 billion won | ||
| 28 | Trading in all 3 types of life reinsurance, non-life reinsurance and health reinsurance | 1100 billion won | ||
| 29 |
Primary insurance or reinsurance brokerage business |
Article 10 Decree 73/2016/ND-CP | 4 billion | |
| 30 | Primary insurance and reinsurance brokerage business | 8 billion won | ||
| 31 | Air freight business | Article 8 Decree 92/2016/ND-CP | 700 billion won | Operating up to 10 aircraft with enterprises operating international air transport |
| 32 | 300 billion won | Operating up to 10 aircraft with enterprises operating domestic air transport | ||
| 33 | Article 8 Decree 92/2016/ND-CP | 1,000 billion won | Operating from 11 to 30 aircraft with enterprises operating international air transport | |
| 34 | 600 billion won | Operating from 11 to 30 aircraft with enterprises operating domestic air transport | ||
| 35 | Article 8 Decree 92/2016/ND-CP | 1,300 billion VND | Operating more than 30 aircraft with enterprises operating international air transport | |
| 36 | 700 billion won | Operating more than 30 aircraft with enterprises operating domestic air transport | ||
| 37 |
Airport business |
Article 14 Decree 92/2016/ND-CP | 100 billion won | Domestic airport |
| 38 | 200 billion won | International Airport | ||
| 39 | Operating passenger terminal services business | Article 17 Decree 92/2016/ND-CP | 30 billion won | |
| 40 |
Trading in service of operating terminals and warehouses |
30 billion won | ||
| 41 | Petroleum supply service business | 30 billion won | ||
| 42 | Ship demolition company | Article 04 Decree 147/2018/ND-CP | 50 billion won | |
| 43 | Credit information activities | Article 01 Decree 57/2016/ND-CP | 30 billion won | |
| 44 |
Debt trading brokerage services, debt trading consulting services |
Article 06 Decree 69/2016/ND-CP | 5 billion won | |
| 45 | Debt trading business | Article 07 Decree 69/2016/ND-CP | 100 billion won | |
| 46 | Debt trading floor service business | Article 08 Decree 69/2016/ND-CP | 500 billion VND | |
| 47 | Auditing for entities with public interest | Article 05 Decree 84/2016/ND-CP | 6 billion won | |
| 48 |
Stockbroker |
Article 71 Decree 58/2012/ND-CP | 25 billion won | |
| 49 | Securities trading | 50 billion won | ||
| 50 | Underwriting securities | 165 billion won | ||
| 51 | Securities investment consulting | 10 billion won | ||
| 52 | Fund management company in Vietnam, branch of foreign fund management company in Vietnam | Article 71 Decree 58/2012/ND-CP | 25 billion won | |
| 53 |
Public securities investment company |
Article 79 Decree 58/2012/ND-CP | 50 billion won | |
| 54 | Private securities investment company | Article 87 Decree 58/2012/ND-CP | 50 billion won | |
BEYOND THE FIELDS OF LINES that MUST HAVE LEGAL CAPITAL You can refero:
PENALTY ENTERPRISE USING ILLEGAL FOREIGN EMPLOYEES
WORK PERMIT EXemption FOR FOREIGNERS MARRIED TO VIETNAMESE PEOPLE
