Why choose Vietnam and Japan to Invest?

When considering where to invest in Asia there are many options out there. We can suggest two countries in this vast continent which represent great setup opportunities for any global entrepreneur - Japan and Vietnam.

Why invest in Japan?

Japan boasts easy and transparent company setup, with minimal red tape. While for example in many South-East Asian countries local partnership is required to setup a new company, in Japan foreign entrepreneurs may own 100% of a Japanese company with no minimum investment requirement.

The optimal business entity type is The Godo Kaisha . This vehicle is the most common corporate type used for Japanese subsidiaries, when the proposed business does not require a complex capital structure. Alternatively, trading businesses in Japanese free zones can enjoy multiple business setup incentives, including:

• No custom duties on imports and exports;
• Flexible labour laws and
• Faster business incorporation timeliness.

Japan business setup still requires appointing of a local resident director, but this can be easily negated via expert nominee director services.

Why invest in Vietnam?

While Japan is a safe bet for reaching large, profitable clientele, the operational costs of this mature market can be very high. Vietnam, these days, is more cost-efficient than most Asian countries. In 2014 multiple business setups moved their operations in Vietnam, rather than China due to lower business costs.

Vietnam has slower setup procedures which may take up to two months due to significant Government red tape. However, local regulations allow 100% foreign-owned business setups which is the preferred option for almost all foreign investors.

Conveniently, there are multiple advantages to setting up a Vietnamese business, including:

• Only one director of any nationality is required;
• Only one shareholder of any nationality is required;
• Only one US$1 is the required issued share capital;
• There is no travel to Vietnam required;
• Vietnam boasts the lowest labour costs in the region;
• Being part of ASEAN secure no import duties with multiple countries in the region.

Each city in Vietnam that have difference benifits to sett up business such as in Ho Chi Minh city, Ha Noi or Da Nang.

Conclusion

Both Japan and Vietnam offer significant advantages to setting up new business in their territories. From reputable, stable markets such as Japan to cost-efficient, growing solution as Vietnam, foreign entrepreneurs can choose their optimal business setup jurisdiction in Asia!

via Lowtax

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KOREAN COMPANIES CHOOSE VIETNAM FOR DOING BUSINESS

RESULTS OF THE SURVEY OF  KOREA INTERNATIONAL TRADE ASSOCIATION (KITA) ANNOUNCED IN EARLY JANUARY 2015 SHOWED THAT THE MAJORITY OF THE KOREAN COMPANIES WHICH PLANNED TO EXPAND THEIR BUSINESS IN THE EMERGING FOREIGN MARKETS THIS YEAR HAD CHOSEN VIETNAM.

According to KITA, out of about 537 Korean businesses surveyed, 49% said that they planned to develop their businesses or set-up business venture in Vietnam in the year 2015

The surveyed companies can choose from the list of 32 countries with an annual growth rate higher than 3% in the past three years.

Indonesia and Thailand are the No.2 and No.3 preferred markets with 37.4% and 30% of the companies selected to survey respectively, followed by Malaysia with 28.5% and Turkey  with 20.7%.

The survey results showed that among the 15 most popular leading business locations this year, there are 7 countries in East Asia.

More than 53% of  Korean companies surveyed said that they are targeting the local consumer market in countries above, 24.8% said they would use the country as a production facility, and 22, 2% said the expansion was to take advantage of the value of the existing free trade agreements.

If you wish to explore investment opportunities, or set-up company in Vietnam in general or learn thebenefits of setting up company in Ho Chi Minh City or benefits of setting up company in Hanoi, please contact us via email ant@antconsult.vn or call our office number: +848 35202779 (HCMC),+844 39388751 (Hanoi).

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