Different Types of Business Structures

In this article, we will discuss different types of business structures in China available for foreigners. 

WFOE (Wholly Foreign-Owned Enterprise) – Established by foreign parties without direct involvement from a Chinese investor. 

• This is used by 70-90% of Foreign Invested Enterprise.
• Foreign investors solely own and run all affairs concerned with their business under this structure. 
• No third party is needed. 
• A Chinese partner is not required. 
• There is no (MRC) Minimum Required Capital to legally begin running the business. 
• Your trademark will be protected within China. 
• You have total authority of hiring decisions. 
• Ideal for those who wish to establish long-term presence in China. 
• Only registration fees must be paid. 

To apply for a Wholly Foreign Owned Enterprise, you must:

• Get online approval from the Administration for Industry and Commerce
• Open your bank account
• Obtain Corporate seal stamp on the application
• Apply for tax registration certificate 
• Apply for corporate banking account 
  • This is the second most legal structure used by foreigners to set up a company in China. 

JV (Joint Venture) – Established by foreigners who have Chinese business partners. 

• The Chinese partner must have over 50% shares in the company. 
• Minimum Required Capital (MRC) provided by foreigner must not be less than 25% 
• There are two types of joint ventures with a Chinese partner: 
  • Contractual and equity
  • Of the two types, contract is preferred. 
  • Resources for land and equipment are provided for by the Chinese partner while the foreigner provides the funds and technology. 
  • This is a good choice for rapid growth into the Chinese market. 
  • Minimal entry challenges that new businesses often deal with. 

To apply for a Joint Venture, you must: 

• Provide verification of corporate name. 
• Have a corporate office rental. 
• Complete the business’s “Articles of Association”
• Business registration
• Obtain business license
• Corporate seal stamp the application 

RO (Representative Office) – This is a separate legal entity which represents an existing foreign company in China, known as a Hongda. 

• No MRC (Minimum Required Capital) 
• R.O. is only allowed to engage in non-profit making operations such as offering market research and customer support. 
• Has more limitations than other types of business structures. 
• Cannot sign legal contracts or operate a fully functional bank account. 
• An R.O’s core function is really just coordination and communication with locals. 
• Not ideal for companies that want rapid growth in the Chinese market. 
• Most ideal for small companies who want to explore the Chinese market before making an official decision. 
• Ideal for a company that just wants to have a simple presence in the Chinese market for some activities. 

To apply for a Representative Office, you must: 

• Provide verification of corporate name. 
• Apply for R.O. registration certificate
• Corporate seal stamp the application
• Apply for corporate code certificate
• Apply for tax registration certificate

*Please note that it takes an average of 11 weeks for processing after all documents have been fully prepared.

Contact Stamped App today for details on which legal structure is right for your business! 

 Teach English in China in 2023!

Finally, it’s happened! China is open again to those who wish to obtain work visas, and we are so excited to guide you on your journey to teaching in China in 2023. 

Why Teach in China? 

1. China is such a large and beautiful country! With COVID restrictions lessening as time goes on, foreigners are able to travel between cities and explore the country again. 
2. Travel within China by train is also relatively affordable, so exploring on your days off is totally doable with proper planning. 
3. The culture and history of China is historically significant, and the future of Chinese culture and economy is major on the global scale. 
4. To be able to experience the culture, learning the language, and being a part of history first-hand is an experience you will never forget! 

The salary to cost-of-living ratio is great! 

• If you are a qualified teacher on a work visa (Z visa), you will be likely to find a full-time teaching job within the 20,000rmb-35,000rmb monthly salary range. That is about $3,000-$5,000 USD. 
• The average apartments can run from about $400-$1200 USD a month depending on location, and that will be your biggest expense.
•  Many teachers can save well over $1,000 a month, or use the extra money to travel in all of their free time! These are luxuries that many people in Western countries do not have. 

Where Can I Teach in China? 

You can teach at Chinese public schools, international schools, training centers, and even online! 

• Training Centers usually have flexible schedules with most teachers working afternoons and weekends in comparison to public and international schools which are your typical weekday morning to afternoon hours. 

• On average, international schools are known to have the higher salaries, but there are training centers with great salaries as well. 

• Teaching online from China has become popular in the recent years. You can find many online English schools that will allow you to be eligible for a work visa to work from your home in China! You will likely be able to create your own schedule and teach while you travel the country without having to do visa runs. 

How Do I know if I Can Teach in China? 

China accepts English teachers from the following English-speaking countries: 

1. Australia
2. Canada
3. Ireland 
4. New Zealand 
5. South Africa 
6. The United Kingdom
7. United States of America. 

You must have:

• A passport from one of these countries
• Bachelor’s degree 
• Recognized TEFL, TESOL, or CELTA certification. 

Please contact us if you have any questions about which certification to get. 

China is an absolutely amazing country and we are excited to guide you on your path to obtaining a work visa! 

Contact us to begin your journey! 

Click here to access our article on China's current entry requirements. 

Starting a Business in China

China is one of the top countries in the world for foreign direct investment, so it seems considering to start a business there is a very smart choice. 

Read below for some answers to common questions regarding starting a business in China. 

Do I need a certain visa to start a visa in China? 

• You will need to obtain a business visa (M Visa) to be eligible to register your company in China. 
• Once your company is registered, you will be able to obtain a work visa (Z visa). 
• If you do not have a bachelor’s degree (requirement of Z Visa), your company will have to have a legal shareholder in order to obtain a work visa. 

Is it easy to start a business in China? 

• The process requires quite a bit of document gathering and paperwork completion. 
• As China is one of the top destinations in the world for foreign companies, you can imagine that the process is not difficult!
• Legalization Help is here to guide you! 

What types of businesses are popular to start in China? 

•  WFOE (Wholly Foreign-Owned Enterprise) – Established by foreign parties without direct involvement from a Chinese investor. This is the most common type of Foreign Invested Enterprise. 
• JV (Joint Venture) – Established by foreigners who have Chinese business partners. 
• RO (Representative Office) – This is a separate legal entity which represents an existing foreign company in China, known as a Hongda. 

                          Click here to learn more about these different business structures in China. 

What are the steps to starting a business in China? 

• Choose a Company structure and location. 
• Prepare all required documents and applications.
• A thorough business plan and budget. 
• Set up an account with a Chinese bank. 
• Get a legal and local address. 
• Register capital and investment. 
• Apply for Approval Certificate. 
• Apply for Business License. 
• Register with the Public Security Bureau. 
• Register at the Tax Bureau. 

How long does it take to register a company in China? 

• Generally, it can take anywhere from a few weeks to a few months. 
•  The time varies based on two things: 
  • Company structure choice
  • How long it takes you to complete all required documents and applications
• Legalization Help can help you get your company registered in as little time as possible!  

How many employees do I have to have to register a business in China?

•  ZERO! 
• You only need to have someone named as the director of your company. 

Is there a financial requirement to start a business in China? 

•  Depending on the business structure you choose, you will need to register a specific amount of capital and have the amount stated in your business plan budget. 
• Generally, this is a minimum of 30,000 RMB.

Are there limitations to the type of business I can start in China? 

•  As a foreigner, yes, there are limitations. 
• Foreigners who have Joint Ventures will have less business restrictions than those who have WFOE. 
• There are restrictions/prohibitions in the following sectors for foreigners:
  • Agriculture, forestry, animal husbandry, fishing
  • Mining 
  • Manufacturing in certain sectors.
  • Electric power, heat, gas, and water generation and supply.
  • Wholesale and retail trade.
  • Transport, warehousing, and postal services.
  • Information transmission, software, and information technology service. 
  • Human health and social work activities.
  • Leasing and commercial services.
  • Scientific research and technical services.
  • Education, cultural activities, sports, and entertainment.

If I start a business in China, will I have 100% ownership? 

•  Yes, if you start up a WFOE. 

Each jurisdiction in China has its own laws regarding foreign-owned businesses, and what you can or cannot do. Please contact us with specific details about the business you are planning to start, and we will comfortably advise you from there.

So, You Want to Work in China? 

It’s 2023, and China is open for work visa! Although China is on the list of countries with complex visa requirements, Stamped App is here to make it a smooth and painless process for you!

Continue reading for answers to common questions. 

Do I need to learn Chinese to live in China?

• This completely depends on the city that you choose to live and work in! In most cases, foreigners can get by without Chinese language skills in major cities such as Beijing and Shanghai.

• However, learning basic daily Mandarin is highly encouraged as sometimes translation apps are not accurate. It is also a form of respect to the locals to learn their dialect and will enrich your experience in China. 

• If you choose to live in the smaller not-as-international cities, learning Mandarin is absolutely necessary. 

Am I eligible to work in China? 

• You must have the following: 
  1. a valid passport with at least 6 months validity, 
  2. a clean criminal record, 
  3. a bachelor’s degree and, 
  4. an accepted job offer from a Chinese company. 

Can I get a work visa for free in China? 

• There are fees associated with obtaining a work visa. 

• Please contact us for information on fee requirements for your specific country of citizenship. 

Is it easy to get a work visa in China? 

• Once you have all of your documents and necessary fee payments in order, we will handle the process for you! All you have to do is wait for the approval. 

What are the best cities for expats in China? 

• Most expats live in the major cities of China: Beijing, Shanghai, Shenzhen, and Guangzhou. These cities are very modernized in comparison to other cities in China, and have the largest international communities. And, many of the second tier cities like Hangzhou, Chengdu, and Xiamen though smaller, are rich in cultural experiences.

Is it safe to live in China? 

• China is safe for expats. Although the government is known to have arbitrary practices, expats do not have to worry about this if they abide by the laws. 

• As with any country, practice due diligence. Petty theft can happen but violent crimes against foreigners are rare. 

What happens if I overstay my visa? 

• Overstaying fines can range from CNY 500 to CNY 10,000 per day. It is highly recommended that you do not overstay your visa. Always plan ahead. 

• Worst case scenarios are detention camp and being deported while also being blacklisted and banned from re-entering China for up to 10 years. This may affect your visa applications for other countries as well. 

Can I drive in China if my driver’s license is from another country? 

• China does not accept foreign or international driver’s licenses. Regardless of the country you are from, if you want to drive in China, you must apply for a Chinese driver’s license. 

While on a work visa, do I have to pay taxes in China? 

•             For non-resident expats in China, all income earned will be taxed.

Can I retire in China? 

• Yes, you can! Although China does not have a retirement visa the way other countries do, there are still many people from around the world who choose to retire in China. You must choose a path to obtain a permanent resident visa. 

• A popular choice is the F-Class Business Visa, which is for people who have started or funded a company in China. In order for consistent renewal of this visa, you have to prove that you have contributed economically to China. Depending where you live, the general investment requirements are between $500,000 to $2 million USD.  

• China offers spousal support visas to foreigners married to Chinese citizens.  You can qualify for a spousal visa or back-to-back tourist visas. 

If I work in China for a long time, can I become a citizen or have a dual citizenship with China? 

•             Although there are options to obtain permanent residence visas for China, to obtain citizenship is a bit different. 

•             China does not legally recognize dual nationality. In order for a foreigner to become a Chinese citizen, they must meet certain requirements, and must renounce their original citizenship. 

As a foreigner, can I buy property or land in China? 

•  After being on a residence permit for at least one year in China, foreigners are allowed to buy only property for dwelling purposes.  All land is government owned and not available for purchase.   

If you have any questions that we did not answer, please contact us today. 

So, You Want to Start a Business in Vietnam? 

Do I need a special visa to start a business in Vietnam? 

Yes. There are 3 types of visas for doing business in Vietnam: 

• Business Visa
  • DN1- granted to foreigners who have working duties and responsibilities with certain legal businesses in Vietnam. 
  • DN2-granted to foreigners who arrive to Vietnam with the intention of establishing a commercial presence or entity. 
  • Since the pandemic, the length of time for business visas has fluctuated.
  • Contact us for details on the current length of time for these Business visas. 
• Investor Visa
  • DT1 - foreign investors with a minimum of 100 billion VND contribution, valid for 5 years. 
  • DT2 - foreign investors under 100 billion VND contribution, valid for 5 years. 
  • DT3 - foreign investors with less than 50 billion VND contribution, valid for 3 years. 
  • DT4 – foreign investors with less than 3 billion VND contribution, valid for 1 year. 
• Working Visa
  • LD1 – granted for those who come to Vietnam with a work permit exemption certificate. 
  • LD2 – granted for those who are able to secure work permit in Vietnam. 
  • Both are valid for up to 2 years. 

What are the basic requirements for registering a business in Vietnam? 

• ‘Director’ of the company with a local address. Foreigner or local is okay. 
• Physical local address for the company. 
• Virtual address for some service companies is okay. 
• Obtain IRC (Investment Registration Certificate) and ERC (Enterprise Registration Certificate)

How can I obtain an IRC and ERC? 

You must pay the specific fees for each and meet the requirements to be granted the certificates. 

In order to be granted these certificates your business must adhere to the following: 

• Be in a sector that is legal for foreign businesses. 
• Name of business must comply with Vietnamese laws. 
• Valid enterprise registration dossier
• Paid in full the registration fee. 

Typically, it will take 3 days to receive the certificate if granted. 

How long does it take to register a new company in Vietnam?

• This is all dependent on the type of company. 
• Many people complete their business registration within one month, however, it can extend past that in some cases. 

Are there financial requirements to starting a business in Vietnam? 

In most industries, you can start your business with any amount of money it takes to run it. 

• The financial sector requires a minimum capital ranging from 150 billion VND to 3 trillion VND. 

There are registration fees and tax fees for every registered company in Vietnam. 

• Annually, you will be required to pay BLT-Business License Tax. 
• Depending on the company revenue, you will pay between 2 million VND and 10 billion VND. 
• Estimated costs for registration are different for each company due to licensure requirements. 
• Contact us to get started on registering your business in Vietnam today. 

What does it cost to start a business in Vietnam? 

• Even though there is no minimum capital requirement to register your business in Vietnam, you still need money to fund the business until it becomes self-sufficient. 
• On average, you should prepare a minimum of $5,000, depending on the type of business. 

Am I allowed to start any kind of business in Vietnam? 

No. Not all business industries are accessible to foreigners. 

You cannot start a business in the following industries: 

• Firearms
• Narcotics
• Debt Collection
• Anything considered illegal in the country of Vietnam

If I start a business in Vietnam, will I have 100% ownership of the company? 

• In some cases, yes. 
• Vietnam allows 100% ownership, but not in all industries. 
• Contact us for specific details on the industry you wish to start a business in.

What are popular businesses to start in Vietnam? 

• Restaurants, Bars, Cafes
• Technology Shops/Services
• Schools/Tutoring Centers
• Motorbike Shops
• Garment and Textile Production
• Logistics
• Cleaning Services

Why is it becoming a popular move to start a business in Vietnam? 

• Vietnam’s economy is expanding at a fast rate which provides a stable working environment. 
  • In 2022, the GDP growth was 6.5%. 
• Labor costs are cheap and the majority of the workforce is young and very skilled. 
  • 60% of the workforce in Vietnam is below age 35.
• The geographical location of Vietnam is perfect for business. 
  • Sharing borders with Thailand, China, Cambodia, and Laos can bring many opportunities. 
• The Vietnamese government is dedicated to a long road ahead of infrastructural developments which will improve the economy in many ways. 
• Foreign Direct Investment is stable and appealing with incentives. 

Thinking of starting your business in Vietnam soon?

 Contact us to set up an appointment today! 

So, You Want to Move to the UAE? 

Who wouldn't want to experience living in one of world's wealthiest and safest countries? 

Continue reading for commonly asked questions and answers! 

What is the UAE? 

Located in the southeastern region of the Arabian peninsula, The United Arab Emirates is a country that consists of 7 emirates (states): 

1. The capital: Abu Dhabi
2. Dubai
3. Sharjah
4. Ras Al Khaimah
5. Ajman
6. Umm Al Quwain
7. Fujairah

Do I need to learn Arabic to live in the UAE? 

• More than 88% of UAE residents come from abroad, and many are non-Arabic speaking.
• Per United Nations statistics, there are over 120,000 expats form the UK and over 50,000 from the US living in the UAE. If you don’t know Arabic, you won’t be alone. 
• Although it is not a necessity to learn Arabic, it is highly encouraged in order to gain better understanding of the culture, more job opportunities, and easier interactions with the local community. 

What is the best place in the UAE for expats? 

• Although we love all of the UAE, the most popular cities by far for expats are Dubai and Abu Dhabi. 
• The international communities are biggest in these two cities which means you will likely transition much more smoothly to the new lifestyle. 

Is it safe to live in the UAE as an expat? 

Many cities in the UAE have claimed top spots for the safest cities in the world of 2023. 

Top 7 safest cities in the world according to Numbeo: 

1. Abu Dhabi, UAE
2. Doha, Qatar
3. Taipei, Taiwan
4. Ajman, UAE
5. Sharjah, UAE
6. Quebec City, Canada
7. Dubai, UAE

What are popular jobs for expats in the UAE? 

The 10 most in demand jobs for expats in the UAE are: 

1. Accountants
2. Cybersecurity Specialists
3. Web developers
4. Administrative Assistants
5. Data Entry Specialists
6. Digital Marketing Specialists
7. Human Resource Manager
8. Teachers
9. Nurse
10. Physicians

Video sent in to us by a former client now working in the UAE, who was able to easily travel to Qatar to experience the FIFA World Cup in 2022! 

Do I have to have a work visa to work in the UAE? 

Yes, you need a work visa and residence permit to legally work in the UAE. 

How do I get a UAE residence permit? 

• You must get a residence permit before obtaining a work visa for UAE. 

You will need the following: 

• Proof of work contract or job offer from a company within the UAE 
• Entry permit issued by the Ministry of Labor
• Emirate ID card
• Residence Visa
• Several Passport Photos
• Original Passport plus Photocopy
• Valid Commercial License of the Company
• Medical Check and Health Certificate

How do I get a UAE work visa? 

The work visa, also known as a labor card, can be obtained once you have received: 

• Entry permit
• Emirate ID card
• Residence Visa

Labor cards take about 10 days to be issued and usually are valid for 2 years. 

• Please contact us for more information on the visa process.

Is it free to get a work visa for the UAE? 

• It is not free to get a UAE work visa. 
• Costs are dependent on the category of your company and whether you are a skilled or unskilled worker.                       
  • Read  here for more details. 

Is it easy to get a work visa for the UAE? 

• Yes! Once you gather all necessary documentation, let us at Legalization Help handle the rest! 

What happens if I overstay my UAE visa? 

• If you overstay your visa, you will have to pay AED 50 per day. 
• Depending on the type of visa you have, you may be given a ten-day overstay grace period. 

• Click here for more details. 
•  

Can I retire in the UAE? 

Yes. The UAE offers a 5-year renewable retirement visa for those 55+ years of age. 

• Click here for specific details on UAE retirement visa. 

If I work in the UAE for a long time, can I become a permanent resident or citizen? 

• The UAE offers a variety of long-term visas. 
• Expats who are eligible can obtain 5-year or 10-year permanent residence visas. 

For citizenship, there are 4 ways: 

• Being a descendent of specified Arab groups
• Marrying a UAE resident (after 7 years with children, 10 years without)
• Naturalization (30 years)
• Exceptional Merit

Does the UAE recognize dual citizenship? 

• Yes, the UAE recognizes dual citizenship. 

Is it easy to get health insurance in the UAE? 

• Yes. Although it is not free, if you are employed in the UAE, your employer is required to provide health insurance.

Can I start a business in the UAE? 

• Yes! Expats are allowed to own fully their on-shore businesses in the UAE. 
• Requirements vary from emirate to emirate.

• Click here for more information. 

Can I drive in the UAE if my driver’s license is from another country? 

• If you have an international driver’s license, you are allowed to use it to drive in the UAE. 
• Once you get the UAE residence permit, you can transfer your license to a UAE driver’s license.

• Click here to see if your country’s driver’s license is accepted in the UAE. 

While working in the UAE, do I have to pay taxes? 

• The UAE is a tax-free haven! 
• Whether you own a business or are working for a company on salary, you will not pay any taxes on your income. 
• There is a 5% VAT on goods and services, however. 

As a foreigner to UAE, can I buy land or property there? 

• Yes, expats are allowed to own property in the UAE. 
• There are different types of contracts that allow you to own your property from 25-99 years, with option to renew. 

• Click here for more details. 

Let Legalization Help guide you on your journey to the UAE! Contact us today to set up an appointment. 

So, You Want to Work in China? 

It’s 2023, and China is open for work visa! Although China is on the list of countries with complex visa requirements, Stamped.app is here to make it a smooth and painless process for you!

Continue reading for answers to common questions. 

Do I need to learn Chinese to live in China?

• This completely depends on the city that you choose to live and work in! In most cases, foreigners can get by without Chinese language skills in major cities such as Beijing and Shanghai.
• However, learning basic daily Mandarin is highly encouraged as sometimes translation apps are not accurate. It is also a form of respect to the locals to learn their dialect and will enrich your experience in China. 
• If you choose to live in the smaller not-as-international cities, learning Mandarin is absolutely necessary. 

Am I eligible to work in China? 

• You must have the following: 
  1. a valid passport with at least 6 months validity, 
  2. a clean criminal record, 
  3. a bachelor’s degree and, 
  4. an accepted job offer from a Chinese company. 

Can I get a work visa for free in China? 

• There are fees associated with obtaining a work visa. 
• Please contact us for information on fee requirements for your specific country of citizenship. 

Is it easy to get a work visa in China? 

• Once you have all of your documents and necessary fee payments in order, we will handle the process for you! All you have to do is wait for the approval. 

What are the best cities for expats in China? 

• Most expats live in the major cities of China: Beijing, Shanghai, Shenzhen, and Guangzhou. These cities are very modernized in comparison to other cities in China, and have the largest international communities. And, many of the second tier cities like Hangzhou, Chengdu, and Xiamen though smaller, are rich in cultural experiences.

Is it safe to live in China? 

• China is safe for expats. Although the government is known to have arbitrary practices, expats do not have to worry about this if they abide by the laws. 
• As with any country, practice due diligence. Petty theft can happen but violent crimes against foreigners are rare. 

What happens if I overstay my visa? 

• Overstaying fines can range from CNY 500 to CNY 10,000 per day. It is highly recommended that you do not overstay your visa. Always plan ahead. 
• Worst case scenarios are detention camp and being deported while also being blacklisted and banned from re-entering China for up to 10 years. This may affect your visa applications for other countries as well. 

Can I drive in China if my driver’s license is from another country? 

• China does not accept foreign or international driver’s licenses. Regardless of the country you are from, if you want to drive in China, you must apply for a Chinese driver’s license. 

While on a work visa, do I have to pay taxes in China? 

•             For non-resident expats in China, all income earned will be taxed.

Can I retire in China? 

• Yes, you can! Although China does not have a retirement visa the way other countries do, there are still many people from around the world who choose to retire in China. You must choose a path to obtain a permanent resident visa. 
• A popular choice is the F-Class Business Visa, which is for people who have started or funded a company in China. In order for consistent renewal of this visa, you have to prove that you have contributed economically to China. Depending where you live, the general investment requirements are between $500,000 to $2 million USD.  
• China offers spousal support visas to foreigners married to Chinese citizens.  You can qualify for a spousal visa or back-to-back tourist visas. 

If I work in China for a long time, can I become a citizen or have a dual citizenship with China? 

•             Although there are options to obtain permanent residence visas for China, to obtain citizenship is a bit different. 
•             China does not legally recognize dual nationality. In order for a foreigner to become a Chinese citizen, they must meet certain requirements, and must renounce their original citizenship. 

As a foreigner, can I buy property or land in China? 

•  After being on a residence permit for at least one year in China, foreigners are allowed to buy only property for dwelling purposes.  All land is government owned and not available for purchase.   

If you have any questions that we did not answer, please contact us today. 

So, You Want to Work in Vietnam?

Being one of Asia's fastest growing economies, Vietnam is currently an amazing place to experience! Read below for answers to some common questions. 

Do I need to learn Vietnamese to live in Vietnam?

• Like most other countries with large expat communities, you are very capable of getting by without knowledge of the local language. 
• If you live in popular cities for expats such as Hanoi, Saigon, Nha Trang, or Da Nang, you will be okay with just knowledge of English. 
• However, if you plan to go to smaller and less popular towns, you should definitely learn Vietnamese. 
• As always, we encourage learning at least basic conversation to elevate your experience and connect with locals no matter which city you move to. 

Am I eligible to work in Vietnam? 

• To obtain a legal work visa in Vietnam (LD Visa), you must meet the following basic requirements: 
  • 18+ Years old
  • Bachelor’s Degree
  • Clean criminal record
  • Signed work contract

Can I get a free work visa for Vietnam? 

• Work visas are not free in Vietnam. In some cases, the company you plan to work for will handle the visa process for you. 
• This is not guaranteed. 

Is it easy to get a work visa for Vietnam? 

• As long as you meet the basic requirements and have an offer from a Vietnamese company, yes! Gather your paperwork and let Stamped App do the rest. 

What are some jobs that foreigners can get in Vietnam?

• Teaching
• Marketing 
• Freelance Creative Work 
• Starting your own business

***video***

What are the best cities for expats in Vietnam? 

Vietnam is an amazingly beautiful country. Expats are welcome everywhere, however the most popular cities for foreigners are:

• Saigon
• Hanoi
• Nha Trang 
• Da Nang
• Da Lat
• Vung Tau

Is it safe to live in Vietnam? 

• Yes! 
• Vietnam has low crime rates. However, exercise caution in populated tourist areas as pickpocketing can happen. 

What happens if I overstay my visa in Vietnam? 

• Different consequences for different visas/number of days of overstay. 
• Regardless, you will be fined. 
• Worst case scenario, blacklisted, deported, and banned from re-entry. 
• Do your best to avoid overstaying in Vietnam. 

Can I drive in Vietnam with a foreign driver’s license? 

• Some ASEAN countries’ driver’s licenses are recognized in Vietnam. 
• However, in general, foreign driver’s license, even those accompanied with international driving permit, are not valid in Vietnam. 
• If you wish to obtain a Vietnamese Driving License, please contact us for details. 

Can I retire in Vietnam? 

• Yes! There are many expats from all over the world who come to Vietnam just to retire! 
• Although Vietnam does not have a retirement visa, there are ways to still live your retirement years in Vietnam. 
• Many people choose to pay for the longest-term visa possible, then do visa runs when the time comes. 
• Contact us for details on what visas you are eligible to apply for based on your country of citizenship. 

Can I become a permanent resident in Vietnam? 

• It is possible for a foreigner to obtain Permanent Resident status in Vietnam. 

The most common way is to have sponsorship from their family or spouse in addition to: 

• Having a stable and legitimate job +salary
• Legitimate place of residence
• Needs to have resided in Vietnam for 3+ years consecutively

Does Vietnam allow dual citizenship? 

• Vietnam does not recognize dual citizenship. 

As a foreigner, can I buy property or land in Vietnam? 

• Foreigners cannot buy/own land in Vietnam. 
• Foreigners can buy or invest in landed properties such as apartments, villas, and town homes. 

While on work visa in Vietnam, do I have to pay taxes? 

• Yes, individuals who are working in Vietnam legally must pay PIT-Personal Income Tax.

Can I start a business in Vietnam? 

• Yes! 
• Vietnam’s economy is growing rapidly and it is a great place for starting your business. 
• Stamped App is here to guide you on your journey to starting your business in Vietnam. Contact us for details.