{"id":5642,"date":"2023-05-10T13:33:18","date_gmt":"2023-05-10T06:33:18","guid":{"rendered":"https:\/\/cdlaf.az9s.group\/?p=5642"},"modified":"2023-05-10T13:56:18","modified_gmt":"2023-05-10T06:56:18","slug":"foreign-investor-doing-hotel-service-business-in-vietnam","status":"publish","type":"post","link":"https:\/\/cdlaf.vn\/en\/foreign-investor-doing-hotel-service-business-in-vietnam\/","title":{"rendered":"Foreign investor doing hotel service business in Vietnam"},"content":{"rendered":"<p>Vietnam is an ideal destination for foreign tourists due to many factors: safety, friendliness, culture, cuisine, and reasonable service prices&#8230; As tourism develops, it will lead to the development of other industries, including the hotel business, especially with the participation of foreign investors. In this article, we would like to share with you the business conditions and procedures foreign investor shall meet to operate the hotel business in Vietnam.<\/p>\n<figure id=\"attachment_3631\" aria-describedby=\"caption-attachment-3631\" style=\"width: 1067px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-3631 size-large\" src=\"http:\/\/cdlaf.vn\/wp-content\/uploads\/2023\/02\/bai-post-thue-nha-mien-phi-pexel-1067x800.jpg\" alt=\"\" width=\"1067\" height=\"800\" srcset=\"https:\/\/cdlaf.vn\/wp-content\/uploads\/2023\/02\/bai-post-thue-nha-mien-phi-pexel-1067x800.jpg 1067w, https:\/\/cdlaf.vn\/wp-content\/uploads\/2023\/02\/bai-post-thue-nha-mien-phi-pexel-533x400.jpg 533w, https:\/\/cdlaf.vn\/wp-content\/uploads\/2023\/02\/bai-post-thue-nha-mien-phi-pexel-768x576.jpg 768w, https:\/\/cdlaf.vn\/wp-content\/uploads\/2023\/02\/bai-post-thue-nha-mien-phi-pexel-1536x1152.jpg 1536w, https:\/\/cdlaf.vn\/wp-content\/uploads\/2023\/02\/bai-post-thue-nha-mien-phi-pexel.jpg 1920w\" sizes=\"auto, (max-width: 1067px) 100vw, 1067px\" \/><figcaption id=\"caption-attachment-3631\" class=\"wp-caption-text\">Foreign investor doing hotel service business in Vietnam<\/figcaption><\/figure>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of contents:<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #a32411;color:#a32411\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #a32411;color:#a32411\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/cdlaf.vn\/en\/foreign-investor-doing-hotel-service-business-in-vietnam\/#1_Conditions_for_foreign_investor_to_operate_hotel_business_in_Vietnam\" >1. Conditions for foreign investor to operate hotel business in Vietnam<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/cdlaf.vn\/en\/foreign-investor-doing-hotel-service-business-in-vietnam\/#2_Procedures_for_establishing_a_hotel_business_in_Vietnam\" >2. Procedures for establishing a hotel business in Vietnam<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/cdlaf.vn\/en\/foreign-investor-doing-hotel-service-business-in-vietnam\/#SEND_CONSULTATION_REQUEST\" >SEND CONSULTATION REQUEST<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"1_Conditions_for_foreign_investor_to_operate_hotel_business_in_Vietnam\"><\/span>1. Conditions for foreign investor to operate hotel business in Vietnam<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Conditions according to international commitments<\/strong><\/p>\n<p>Vietnam has completely opened up the hotel service industry, and there are no restrictions on the level of foreign investment, applying to both direct investment (establishment of 100% foreign-owned enterprises) and indirect investment (capital contribution, share purchase). According to the WTO commitment document, the hotel service industry is recorded under CPC 64110 &#8211; hotel accommodation services.<\/p>\n<p><strong>Conditions according to Vietnamese law<\/strong><\/p>\n<p>Vietnamese law does not impose any particular conditions for foreign investor; the regulations of Vietnamese law are applied equally to both foreign and Vietnamese investor.<\/p>\n<p>Currently, Vietnamese law classifies hotels into the following types:<\/p>\n<ul>\n<li>Hotel means tourist accommodations built as a unit, ensuring the quality of facilities, equipment, and necessary services to serve customers.<\/li>\n<li>Resort means tourist accommodations built as a unit or a complex of villas, low-rise houses, and apartments, typically located in areas with beautiful natural landscapes, and fresh air, usually near the sea, rivers, or mountains, ensuring the quality of facilities, equipment, and necessary services to meet the needs of vacation, entertainment, and sightseeing of customers.<\/li>\n<li>Floating hotel means \u00a0tourist accommodations anchored on the water surface and can be moved when necessary, ensuring the quality of facilities, equipment, and necessary services to serve customers.<\/li>\n<li>Motel means tourist accommodations built near the traffic road, with a parking lot to serve the lodging demand of tourists using road transports (motorcycle, car) to travel or rest between long distances of tourists, ensure the quality of facilities, equipment and services necessary to serve the demand of customers.<\/li>\n<\/ul>\n<p>In addition, Vietnamese law sets minimum conditions for technical infrastructure and services for hotels, specifically:<\/p>\n<ul>\n<li>A minimum of 10 bedrooms; a reception desk, a shared bathroom;<\/li>\n<li>A place to park for guests at resorts and roadside hotels;<\/li>\n<li>A kitchen, dining room, and food service for resorts, floating hotels, and roadside hotels;<\/li>\n<li>Beds, mattresses, blankets, pillows, face towels, and bath towels; replace mattress covers, blankets, pillows, face towels, and bath towels when new customers arrive;<\/li>\n<li>Staff is available 24 hours a day.<\/li>\n<\/ul>\n<p>These are just minimum conditions, based on which and the star rating conditions for the hotel that you can arrange the technical infrastructure of your hotel accordingly.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"2_Procedures_for_establishing_a_hotel_business_in_Vietnam\"><\/span>2. Procedures for establishing a hotel business in Vietnam<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>To operate a hotel business in Vietnam, foreign investors have two options: setting up a 100% foreign-owned enterprise or purchasing shares and contributing capital to invest in the hotel business. Corresponding to each investment form, investor shall perform legal procedures to start their business activities.<\/p>\n<ol>\n<li><em><span style=\"text-decoration: underline;\">With the direct investment form &#8211; setting up a 100% foreign-owned enterprise:<\/span><\/em><\/li>\n<\/ol>\n<p><strong>Step 1<\/strong>: Applying an investment registration dossier to receive an Investment Registration Certificate, the processing time of which is 15 working days.<\/p>\n<p><strong>Step 2<\/strong>: Applying for a Business Registration Certificate, with a processing time of 03 working days.<\/p>\n<p>After receiving the Business Registration Certificate, investor completes the publication of company information on the national business information portal, seal the company and performs tax procedures. At this point, the enterprise \u00a0has the legal status to establish contracts with suppliers, partners, customers, and employees.<\/p>\n<p><em>For the procedures for establishing a 100% foreign-owned enterprise, please refer to the article: &#8220;<\/em><strong><a href=\"https:\/\/cdlaf.vn\/en\/5-crucial-steps-for-the-investors-consideration-in-setting-up-an-enterprise-in-vietnam\/\">5 Crucial steps that Investors need to take to set up a business in Vietnam<\/a>&#8220;<\/strong><\/p>\n<p><em>\u00a0 \u00a0 2. <span style=\"text-decoration: underline;\">With the indirect investment form &#8211; foreign investor contribut<\/span><\/em><span style=\"text-decoration: underline;\"><em>s<\/em><em>e capital to<\/em> <em>purchase<\/em><em> shares in a Vietnamese enterprise:<\/em><\/span><\/p>\n<p>With the complete opening up of the hotel industry, foreign investor is allowed to purchase part or all of the capital contribution and shares in an enterprise in Vietnam.<\/p>\n<p><strong>Step 1<\/strong>: Performing the procedures to obtain approval to purchase shares, and capital contribution, with a processing time of 15 days.<\/p>\n<p><strong>Step\u00a0 2<\/strong>: After receiving the investment registration approval document, the investor proceeds to adjust the information on the business registration certificate.<\/p>\n<p><em>For the procedures for Foreign Investor to contribute capital, and purchase shares in Enterprise in Viet Nam, please refer to the article: <a href=\"https:\/\/cdlaf.vn\/en\/procedure-to-contribute-capital-purchase-shares-in-enterprise-in-vietnam\/\" target=\"_blank\" rel=\"noopener\">&#8220;<strong>Procedure for Foreign Investor to contribute capital, purchase shares in Vietnam&#8221;<\/strong><\/a><\/em><\/p>\n<p>At this step, the investor shall note that depending on the type of enterprise (joint stock, limited liability), the time of establishment, the percentage of shares, and the capital contribution, the investor&#8217;s information will be reflected or not reflected on the business registration certificate. For instance, in the case of a joint-stock company operating for three years, information about new shareholder shall not be recorded on the Business Registration Certificate unless the investor repurchases \u00a0\u00a0the entire capital contribution and becomes the sole owner of the enterprise in Vietnam.<\/p>\n<p>For direct investment, after completing the procedures to obtain legal status as a Vietnamese legal entity, the investor shall obtain approval from competent state agencies to determine whether the enterprise has met the conditions for security and order; fire safety; food safety, and hygiene certificate; environmental protection, and some other types of licenses depending on the scope of hotel operations.<\/p>\n<p><strong><em>Time of writing:<\/em><\/strong> 03<em>\/05\/2023<\/em><\/p>\n<p><em>The article contains general information which is of reference value, in case you want to receive legal opinions on issues you need clarification on, please get in touch with our Lawyer at <a href=\"https:\/\/mail.google.com\/mail\" target=\"_blank\" rel=\"noopener\"><strong>info@cdlaf.vn<\/strong><\/a><\/em><\/p>\n<div class=\"content-post-nd\">\n<div style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-5519 size-full aligncenter\" src=\"http:\/\/cdlaf.vn\/wp-content\/uploads\/2023\/05\/CHUONG-TRINH-THANG.png\" alt=\"\" width=\"1080\" height=\"600\" srcset=\"https:\/\/cdlaf.vn\/wp-content\/uploads\/2023\/05\/CHUONG-TRINH-THANG.png 1080w, https:\/\/cdlaf.vn\/wp-content\/uploads\/2023\/05\/CHUONG-TRINH-THANG-720x400.png 720w, https:\/\/cdlaf.vn\/wp-content\/uploads\/2023\/05\/CHUONG-TRINH-THANG-768x427.png 768w\" sizes=\"auto, (max-width: 1080px) 100vw, 1080px\" \/><\/div>\n<\/div>\n<div class=\"content-post-nd\">\n<p><strong>Why choose CDLAF\u2019s service?<\/strong><\/p>\n<ul class=\"li-content\">\n<li>We provide effective and comprehensive legal solutions that help you save money and maintain compliance in your business;<\/li>\n<li>We continue to monitor your legal matters even after the service is completed and update you when there are any changes in the Vietnamese legal system;<\/li>\n<li>Our system of forms and processes related to labor and personnel is continuously built and updated and will be provided as soon as the customer requests it;<\/li>\n<li>As a Vietnamese law firm, we have a thorough understanding of Vietnam&#8217;s legal regulations, and grasp the psychology of employees, employers, and working methods at competent authorities;<\/li>\n<li>CDLAF&#8217;s team of lawyers has many years of experience in the field of labor and enterprises, as well as human resources and financial advisory.<\/li>\n<li>Strict information security procedures throughout the service performance and even after the service is completed.<\/li>\n<\/ul>\n<\/div>\n<p><strong style=\"color: #a32411;\">You can refer for more information:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/cdlaf.vn\/en\/reports-that-investors-shall-perform-in-2023\/\">Reports that Investors shall perform in 2023<\/a><\/li>\n<li><a href=\"https:\/\/cdlaf.vn\/en\/establishment-of-enterprise-in-vietnam-what-foreign-investors-need-to-consider-part-1\/\">Establishment of Enterprise in Vietnam, What Foreign Investors Need to Consider (Part 1)<\/a><\/li>\n<li><a href=\"https:\/\/cdlaf.vn\/en\/the-establishment-of-enterprises-in-vietnam-what-investors-need-to-consider-part-2\/\">Establishment of Enterprise in Vietnam, What Foreign Investors Need to Consider (Part 2)<\/a><\/li>\n<li><a href=\"https:\/\/cdlaf.vn\/en\/procedure-for-foreign-commercial-franchising-registration-in-vietnam\/\">Procedure for Foreign Investor to contribute capital, purchase shares in the enterprise in Vietnam.<\/a><\/li>\n<li><a href=\"https:\/\/cdlaf.vn\/en\/enterprises-with-the-opening-and-using-of-direct-investment-capital-account\/\">The enterprise with opening and using direct investment capital account<\/a><\/li>\n<li><a href=\"https:\/\/cdlaf.vn\/en\/avoiding-the-risk-when-leasing-the-office-in-vietnam-some-recommendations\/\">Avoiding the risks when leasing the office in Vietnam \u2013 some recommendations<\/a><\/li>\n<li><a href=\"https:\/\/cdlaf.vn\/en\/foreign-investors-provide-employment-services-in-vietnam\/\">Foreign Investors provide Employment Services in Vietnam<\/a><\/li>\n<li><a href=\"https:\/\/cdlaf.vn\/en\/franchise-in-viet-nam-part-1\/\">Franchise in Vietnam (Part 1)<\/a><\/li>\n<li><a href=\"https:\/\/cdlaf.vn\/en\/franchise-in-viet-nam-part-2\/\">Franchise in Vietnam (Part 2)<\/a><\/li>\n<li><a href=\"https:\/\/cdlaf.vn\/en\/tax-preference-when-trading-business-in-service-and-software-product-in-vietnam\/\">Tax preference when trading business in service and software product in Vietnam<\/a><\/li>\n<\/ul>\n\n<div class=\"wpcf7 no-js\" id=\"wpcf7-f2681-o1\" lang=\"en-US\" dir=\"ltr\" data-wpcf7-id=\"2681\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\"><\/p> <ul><\/ul><\/div>\n<form action=\"\/en\/wp-json\/wp\/v2\/posts\/5642#wpcf7-f2681-o1\" method=\"post\" class=\"wpcf7-form init\" aria-label=\"Contact form\" novalidate=\"novalidate\" data-status=\"init\">\n<fieldset class=\"hidden-fields-container\"><input type=\"hidden\" name=\"_wpcf7\" value=\"2681\" \/><input type=\"hidden\" name=\"_wpcf7_version\" value=\"6.1.5\" \/><input type=\"hidden\" name=\"_wpcf7_locale\" value=\"en_US\" \/><input type=\"hidden\" name=\"_wpcf7_unit_tag\" value=\"wpcf7-f2681-o1\" \/><input type=\"hidden\" name=\"_wpcf7_container_post\" value=\"0\" \/><input type=\"hidden\" name=\"_wpcf7_posted_data_hash\" value=\"\" \/>\n<\/fieldset>\n<h2 class=\"tt-form\"><span class=\"ez-toc-section\" id=\"SEND_CONSULTATION_REQUEST\"><\/span>SEND CONSULTATION REQUEST\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><label>Full name<\/label><br \/>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"full-name\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"text\" name=\"full-name\" \/><\/span><br \/>\n<label>Email<\/label><br \/>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"email\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-email wpcf7-validates-as-required wpcf7-text wpcf7-validates-as-email\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"email\" name=\"email\" \/><\/span><br \/>\n<label>Phone Number<\/label><br \/>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"phone\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-tel wpcf7-text wpcf7-validates-as-tel\" aria-invalid=\"false\" value=\"\" type=\"tel\" name=\"phone\" \/><\/span><br \/>\n<label>Message<\/label><br \/>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"coment\"><textarea cols=\"40\" rows=\"10\" maxlength=\"2000\" class=\"wpcf7-form-control wpcf7-textarea\" aria-invalid=\"false\" name=\"coment\"><\/textarea><\/span><br \/>\n<input class=\"wpcf7-form-control wpcf7-submit has-spinner btn-yellow\" type=\"submit\" value=\"Send\" \/>\n<\/p><div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div>\n<\/form>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Vietnam is an ideal destination for foreign tourists due to many factors: safety, friendliness, culture, cuisine, and reasonable service prices&#8230; As tourism develops, it will lead to the development of other industries, including the hotel business, especially with the participation of foreign investors. In this article, we would like to share with you the business&#8230;<\/p>\n","protected":false},"author":4,"featured_media":4510,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[64],"tags":[],"class_list":["post-5642","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles"],"acf":[],"_links":{"self":[{"href":"https:\/\/cdlaf.vn\/en\/wp-json\/wp\/v2\/posts\/5642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cdlaf.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cdlaf.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cdlaf.vn\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cdlaf.vn\/en\/wp-json\/wp\/v2\/comments?post=5642"}],"version-history":[{"count":0,"href":"https:\/\/cdlaf.vn\/en\/wp-json\/wp\/v2\/posts\/5642\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cdlaf.vn\/en\/wp-json\/wp\/v2\/media\/4510"}],"wp:attachment":[{"href":"https:\/\/cdlaf.vn\/en\/wp-json\/wp\/v2\/media?parent=5642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cdlaf.vn\/en\/wp-json\/wp\/v2\/categories?post=5642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cdlaf.vn\/en\/wp-json\/wp\/v2\/tags?post=5642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}