One of the most profitable type of business foreign investors can set up in Vietnam nowadays is a fintech company which is characterized by offering innovative financial solutions. Vietnam is one of the most advanced economies in Southeast Asia and investors who want to start fintech companies here will have various benefits.
Below, our company formation agents in Vietnam explain the requirements for registering a fintech business in this country.
Both local and foreign investors are allowed to set up fintech companies in Vietnam as long as they respect a few requirements imposed by authorities. These requirements are:
Our Vietnam company formation advisors can offer more information on the requirements related to opening a fintech company.
Those who want to register fintech companies in Vietnam can choose one or more of the following activities:
There are also other types of companies one can establish in the fintech sector in Vietnam.
The fintech sector is not subject to specific laws in Vietnam, however the Central Bank has been working on a legal framework which can give a direction to those who wan to operate in this industry. The National Bank is also encouraging investments in the fintech sector through the following measures:
If you want to open a company in Vietnam in the fintech sector , please contact us. Besides helping you incorporate a fintech company, our lawyers can also assist you in other matters. Vietnam Accounting Standard (VAS) compliance is mandated by law for all domestic and foreign-owned businesses conducting business inside Vietnam. Our accountants can guide you in detail if you want to open a company and comply with the accounting requirements. With the assistance of our accountants in Vietnam, your business can run in a better way without facing any unnecessary troubles.