Investors who want to set up businesses in the food and beverages industry in Vietnam have several options. They can choose to establish food shops, catering businesses, restaurants or fast foods. For the last three types of businesses, the requirements are the same.
Most investors will usually choose to open Vietnam restaurants because these are also sought by the many tourists who visit the country all year long. Our company formation consultants in Vietnam can offer detailed information on the requirements related to starting a restaurant business in this country.
There are several laws which must be respected by local and foreign enterprisers who open companies in the food sector in Vietnam. Among these the Companies Law and the Food Act are the most important ones.
If the Companies Act provides for the company registration process in Vietnam, the Food Law provides for:
The first requirement to set up a restaurant in Vietnam is to register a company, a procedure which can be handled by our local company formation agents.
Restaurant owners in Vietnam must apply for several licenses and permits when opening their companies, however the food and the beverages licenses are the most important ones. In order to obtain a food license, the applicant must submit the following documents with the Ministry of Health:
For full information on the requirements related to starting a restaurant, please contact our Vietnam company registration advisors. Besides offering you services regarding opening a restaurant in Vietnam, you can also get in touch with our lawyers if you need legal assistance with any other matter. For instance; if you are planning to open a company complying with Vietnamese legal requirements, you will need the services of a Vietnamese accounting firm in this regard. After the initial accounting setup is complete, our accountants can offer the company monthly assistance with the following range of tasks: deliver monthly reports in both English and Vietnamese that include the following: balance sheet, profit, and loss, trial balance, cash flow, general ledgers, etc.