Company formation ahead of IRC - Reform effort requires clearer regulations
Vietnam’s proposed amendment to the Investment Law would allow foreign investors to establish a company before obtaining an Investment Registration Certificate (IRC). The reform aims to simplify procedures, align treatment between domestic and foreign investors, and accelerate market entry.
However, without clear implementing guidance and alignment across related laws (investment, enterprise, and foreign exchange), practical challenges and legal uncertainties may arise — particularly regarding capital contribution, bank account opening, and pre-IRC operational status.
Read the full article for detailed analysis of the reform’s implications and key issues that investors should prepare for.
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