In this Episode of “Advance in Vietnam” Podcast Series, Vlad Savin is discussing with Matthew Lourey, Managing Partner at Domicile Corporate Services, about the key considerations foreign investors should be aware of when entering the market in Vietnam, and how to make sure they commence their operations in a correct and compliant manner.
Advance in Vietnam Podcast, Episode 4: What foreign investors should consider when entering Vietnam and in the first year of activity?
Some of the topics in discussion are:
- What are the most common corporate structures investors chose for their businesses and what should they consider when starting their entity in Vietnam, from a structural perspective?
- What should businesses know about creating bank accounts in a compliant manner, and why are these critical for the newly established companies in Vietnam?
- What are the ways investors can transfer funds in and out of the Vietnamese structure, and what are the procedures companies should follow to be compliant with current regulations?
- Where investors don’t follow their compliance obligations correctly in Vietnam, the corrective actions are extended, costly, and distracting. How important is the compliance factor in the first year of activity, and how should investors mitigate this risk?
Listen to the Podcast on:
About the authors:
Matthew Lourey – Managing Director of Domicile Corporate Services
Matthew is a qualified accountant who has resided in Vietnam for more than 15 years. Matthew leads Domicile Corporate Services, which provides market entry, corporate advisory, compliance and tax advisory to foreign investors in Vietnam. He has extensive experience working in Australia for Big 4 accounting firms and investment funds, and since Matthew relocated to Vietnam, he has spent much of his time advising foreign investors on successfully undertaking business in Vietnam, corporate investment transactions, market entry and corporate finance.
Vlad Savin – Head of Business Development at Domicile Corporate Services
Vlad is a business development and marketing professional, who has resided in South East Asia for the last 5 years. He has wide experience in personal finance and corporate servicing, working with investment firms in Malaysia and Vietnam, while having a strong background in marketing, client service and events with international exposure. Vlad has been developing Domicile’s business strategy and growth, organizing and creating seminars and workshops for the foreign and local investor community in Vietnam, while assisting with client relationships and the overall brand positioning of the firm.