{"id":9227,"date":"2024-01-31T10:34:57","date_gmt":"2024-01-31T03:34:57","guid":{"rendered":"https:\/\/cdlaf.vn\/?p=9227"},"modified":"2024-05-29T08:07:57","modified_gmt":"2024-05-29T01:07:57","slug":"conditions-for-establishing-a-travel-company-in-vietnam-for-foreign-investors","status":"publish","type":"post","link":"https:\/\/cdlaf.vn\/en\/conditions-for-establishing-a-travel-company-in-vietnam-for-foreign-investors\/","title":{"rendered":"Conditions for establishing a travel company in Vietnam for foreign investors"},"content":{"rendered":"<p>With an increasingly deep international integration on the rise, investing in a country&#8217;s tourism sector is not only an opportunity but also a challenge for foreign investors. Establishing a travel company sometimes becomes a journey full of complex conditions and factors, posing great challenges that those interested in this field must face. For foreign investors, establishing a travel company will be more complicated than for domestic investors as you must understand the specific regulations that Vietnamese law sets out for businesses with foreign investment capital when operating in the tourism industry in Vietnam.<\/p>\n<p>This article will provide you with information about the conditions that you, as a foreign investor, need to meet when doing domestic or international tourism business.<\/p>\n<figure id=\"attachment_8883\" aria-describedby=\"caption-attachment-8883\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-8883\" src=\"http:\/\/cdlaf.vn\/wp-content\/uploads\/2024\/01\/pexels-george-john-7101646-1067x800.jpg\" alt=\"\" width=\"800\" height=\"600\" data-wp-editing=\"1\" srcset=\"https:\/\/cdlaf.vn\/wp-content\/uploads\/2024\/01\/pexels-george-john-7101646-1067x800.jpg 1067w, https:\/\/cdlaf.vn\/wp-content\/uploads\/2024\/01\/pexels-george-john-7101646-534x400.jpg 534w, https:\/\/cdlaf.vn\/wp-content\/uploads\/2024\/01\/pexels-george-john-7101646-768x576.jpg 768w, https:\/\/cdlaf.vn\/wp-content\/uploads\/2024\/01\/pexels-george-john-7101646-1536x1151.jpg 1536w, https:\/\/cdlaf.vn\/wp-content\/uploads\/2024\/01\/pexels-george-john-7101646.jpg 1996w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><figcaption id=\"caption-attachment-8883\" class=\"wp-caption-text\">Source: pexels-george-john<\/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\/conditions-for-establishing-a-travel-company-in-vietnam-for-foreign-investors\/#1_Market_access_conditions\" >1. Market access conditions<\/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\/conditions-for-establishing-a-travel-company-in-vietnam-for-foreign-investors\/#2_Investment_forms_of_foreign_individualsorganizations\" >2. Investment forms of foreign individuals\/organizations<\/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\/conditions-for-establishing-a-travel-company-in-vietnam-for-foreign-investors\/#3_Conditions_of_international_travel_services\" >3. Conditions of international travel services<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/cdlaf.vn\/en\/conditions-for-establishing-a-travel-company-in-vietnam-for-foreign-investors\/#SEND_CONSULTATION_REQUEST\" >SEND CONSULTATION REQUEST<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"1_Market_access_conditions\"><\/span>1. Market access conditions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The first condition that investors need to pay attention to is that Vietnam&#8217;s commitments are recorded in the WTO commitment schedule for the tourism industry. In other words, regulations on marketing restrictions for tourism business activities in Vietnam can be seen in the table below that displays specific content:<\/p>\n<table style=\"height: 400px;\" width=\"509\">\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><b>No.<\/b><\/td>\n<td style=\"text-align: center;\"><strong>Business sectors<\/strong><\/td>\n<td style=\"text-align: center;\"><b>VSIC<\/b><\/td>\n<td style=\"text-align: center;\"><b>CPC<\/b><\/td>\n<td style=\"text-align: center;\"><strong>Limitations on Market Access<\/strong><\/td>\n<td style=\"text-align: center;\"><b>Sub License<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-size: 100%;\"><b>01 <\/b><\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-size: 110%;\">Travel agency<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-size: 100%;\">7911<\/span><\/td>\n<td style=\"text-align: left;\" rowspan=\"3\"><span style=\"font-size: 100%;\">7471<\/span><\/td>\n<td style=\"text-align: left;\" rowspan=\"3\">\n<p><span style=\"font-size: 90%;\">None, except:<\/span><\/p>\n<p><span style=\"font-size: 90%;\">&#8211; The foreign service suppliers are permitted to provide service in the form of joint ventures with Vietnamese partners with no limitation on foreign capital contribution.<\/span><\/p>\n<p><span style=\"font-size: 90%;\">&#8211; Tourist guides in foreign-invested enterprises shall be Vietnamese citizens.<\/span><\/p>\n<p><span style=\"font-size: 90%;\">&#8211; Foreign service-supplying enterprises can only do inbound services and domestic travel for inbound tourists as an integral part of inbound services.<\/span><\/p>\n<\/td>\n<td style=\"text-align: left;\" rowspan=\"3\"><span style=\"font-size: 110%;\">International travel license<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-size: 100%;\"><b>02<\/b><\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-size: 110%;\">Tour operator<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-size: 100%;\">7912<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-size: 100%;\"><strong>03<\/strong><\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-size: 110%;\">Reservation services and support services related to the promotion and organization of tours<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-size: 100%;\">7913<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"2_Investment_forms_of_foreign_individualsorganizations\"><\/span>2. Investment forms of foreign individuals\/organizations<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Foreign investors are not allowed to own 100% capital in a travel company. Therefore, to establish a tourism service company in Vietnam, foreign investors are required to operate according to one of the following models:<\/p>\n<ul>\n<li>A pre-established Vietnamese company providing tourism services. Then the foreign investor can buy shares or capital contribution of a Vietnamese company that has registered to do tourism service business, the acquisition ratio will not be 100% of the capital contribution or capital contribution of the Vietnamese company.<\/li>\n<li>Conduct joint venture cooperation with Vietnamese partners (registered in the tourism industry). Foreign investors are to contribute capital to the joint venture at any rate less than 100%.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"3_Conditions_of_international_travel_services\"><\/span>3. Conditions of international travel services<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>International travel service businesses serve international tourists coming to Vietnam and tourists going abroad. This is also what investors want to achieve when conducting tourism business in Vietnam. To carry out this activity, in addition to establishing a company with the function of providing tourism services, that company must also meet the conditions to apply for a Certificate of International Travel Services.<\/p>\n<p><strong>Conditions of international travel services<\/strong> include:<\/p>\n<ul>\n<li>The enterprise is established as prescribed by the Law on Enterprises;<\/li>\n<li>The enterprise has paid a deposit to a bank;<\/li>\n<li>The person in charge of the provision of travel services holds a college degree or higher in travel; in case he\/she holds a college degree or higher in another major, a certificate of training in international tour operation is required.<\/li>\n<\/ul>\n<p>After determining that the enterprise meets the above conditions, the enterprise <strong>prepares a set of application documents for a License for the Provision of International Tours<\/strong>, including:<\/p>\n<ul>\n<li>An application form for issuance of the license for the provision of international tours according to the specimen prescribed by the Minister of Culture, Sports, and Tourism;<\/li>\n<li>A certified true copy of the business registration certificate or investment registration certificate issued by a competent authority;<\/li>\n<li>A certificate of deposit payment;<\/li>\n<li>Certified true copy of qualifications of the person in charge of the provision of travel services;<\/li>\n<li>A certified true copy of the decision on appointment or employment contract between the travel service provider and the person in charge of the provision of travel services.<\/li>\n<\/ul>\n<p><strong>The procedures, and authority <\/strong><strong> for issuance of the License for Provision of International Tours<\/strong> are prescribed as follows:<\/p>\n<ul>\n<li>The enterprise applying for the license for the provision of international tours shall submit 01 application to the General Department of Tourism;<\/li>\n<li>Within 10 days from the day on which a valid application is received, the General Department of Tourism shall assess and issue the license for the provision of international tours to the enterprise and inform the tourism authority of the province where the enterprise is located. In a case of refusal, a written response stating relevant reasons must be given.<\/li>\n<\/ul>\n<p>While investing in a country&#8217;s tourism sector can bring many business opportunities, foreign investors also need to face many challenges and factors that are not easy. Conditions for establishing a travel company are not only a matter of legal regulations but also require acumen and flexibility in shaping business strategies based on a deep understanding of the market and local culture.<\/p>\n<p>While these challenges can increase difficulty, they also present opportunities for innovation and creativity. For investors who are adventurous and willing to learn, investing in foreign tourism not only brings profits but is also the key to opening the door to diverse experiences and international relationships.<\/p>\n<p><strong><em>Time of writing:<\/em><\/strong> 31\/01<em>\/2024<\/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\/foreign-investors-who-want-to-do-business-with-mining-and-purchasing-minerals-in-vietnam\/\">Foreign investors doing business in mining and purchasing minerals in Vietnam<\/a><\/li>\n<li><a href=\"https:\/\/cdlaf.vn\/en\/when-is-an-arbitration-agreement-unenforceable\/\">When is an Arbitration Agreement Unenforceable?<\/a><\/li>\n<li><a href=\"https:\/\/cdlaf.vn\/en\/procedures-for-vietnamese-enterprises-regarding-outward-investment\/\">Procedures for Vietnamese Enterprises Regarding Outward Investment<\/a><\/li>\n<li><a href=\"https:\/\/cdlaf.vn\/en\/transferring-profits-to-vietnam-and-how-to-handle-violations-in-outward-investment-activities\/\">Transferring Profits to Vietnam and how to handle Violations in Outward Investment Activities<\/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\/9227#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>With an increasingly deep international integration on the rise, investing in a country&#8217;s tourism sector is not only an opportunity but also a challenge for foreign investors. Establishing a travel company sometimes becomes a journey full of complex conditions and factors, posing great challenges that those interested in this field must face. For foreign investors,&#8230;<\/p>\n","protected":false},"author":4,"featured_media":8884,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[64],"tags":[],"class_list":["post-9227","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\/9227","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=9227"}],"version-history":[{"count":0,"href":"https:\/\/cdlaf.vn\/en\/wp-json\/wp\/v2\/posts\/9227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cdlaf.vn\/en\/wp-json\/wp\/v2\/media\/8884"}],"wp:attachment":[{"href":"https:\/\/cdlaf.vn\/en\/wp-json\/wp\/v2\/media?parent=9227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cdlaf.vn\/en\/wp-json\/wp\/v2\/categories?post=9227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cdlaf.vn\/en\/wp-json\/wp\/v2\/tags?post=9227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}