1. Can a foreign investor open a restaurant in Quang Binh?

2. The forms when you open a restaurant in Quang Binh

• One member liability limited company – the foreign investors hold 100% of the capital.
• Two members or more liability limited company – there are at least two members who put money/property in setting up a company. They share loss and profit under the level of contributing capital.
• Joint stock company - there are at least three shareholders who join the company. They may join the profit and share loss as per the policy of the Two members or more liability limited company but with the joint stock company, it can release stock and be listed on the stock exchange.

3. What are basic licenses when you open a restaurant in Quang Binh?

4. Step-by-step open a restaurant in Quang Binh Vietnam

• Document requesting implementation of investment project, including commitment to bear all costs and risks if the project is not approved.
• Documents on the investor's legal status.
• Documents proving the investor's financial capacity.
• Proposed investment project. In cases where the law on construction stipulates the preparation of a pre-feasibility study report, the investor may submit a pre-feasibility study report instead of the investment project proposal.
• In case the investment project does not request the State to allocate land, lease land, or allow change of land use purpose, submit a copy of land use rights documents or other documents determining the right to use the location for implementation current investment project.
• Explanation content about technology used in investment projects for projects subject to appraisal and consultation on technology according to the provisions of law on technology transfer.
• BCC contract for investment projects in the form of BCC contract.
• Other documents related to the investment project, conditions and capacity requirements of the investor according to the provisions of law (if any).

• After obtaining the Investment Registration Certificate, investors need to prepare documents to open a restaurant, including:
• Application for business registration.
• Company rules.
• List of members/ List of founding shareholders and shareholders who are foreign investors.
• Copy: Citizen identification card or Identity card or Passport of individual members; Establishment decision, Business registration certificate of the organization and authorization document; Legal personal identification documents of the authorized representative of the organizational member.
• Enterprise registration certificate or equivalent document must be consular legalized for organizational members.
• Investment registration certificate for foreign investors

• Working time: 05-07 working days from the date of receipt of complete and valid documents.

• After completing the company registration procedures at the Department of Planning and Investment of Quang Binh City, the next step to set up a company is to announce the business registration content.
• Information on business registration must be published on the National Information Portal within 30 days from the date of issuance of the Enterprise Registration Certificate.
• Implementing agency: Announcement publishing department of the Business Registration Agency.
• Working time: within 30 days

• This is the final step in the process of set up a 100% foreign-owned restaurant. This step is carried out after obtaining the Business Registration Certificate and posting the business establishment announcement.
• The restaurant engraves the seal and announces the use of the seal sample on the National Business Registration Portal. The restaurant has the right to decide the seal model and number of seals.
• Receiving agency: Enterprise registration office - Department of Planning and Investment of Quang Binh city - where the business is headquartered.
• Working time: about 5-8 working days
• Note: Documents issued or certified by competent foreign agencies must be consular legalized and translated and notarized according to Vietnamese law. In addition, depending on the case, you must provide some other necessary documents.

• Application for issuance of Certificate of establishment meeting food safety conditions;
• Copy of Business Registration Certificate;
• Explanation of facilities, equipment and tools to ensure food hygiene and safety conditions;
• Certificate of good health of the facility owner and person directly producing and trading food issued by a district-level medical facility or higher;
• Certificate of training in food safety and hygiene of the establishment owner and of those directly producing and trading food.

• Regulations, prohibition signs, signage, plans or instruction signs concerning fire prevention, fighting and escape are provided in accordance with fire prevention and fighting regulations and standards or regulations of the Ministry of Public Security;
• There are internal and specialized firefighting forces suitable for the facility’s characteristics and having received training in fire prevention and fighting operation, and on-site combat-ready firefighters according to regulations;
• There is a firefighting plan approved by the competent authority.
• Power system, lightning protection system, antistatic system, electrical equipment, spark-generating equipment, heat-generating equipment, and the use of fire sources and heat sources must ensure fire safety in accordance with regulations and standards on fire prevention and fighting or regulations of the Ministry of Public Security;
• There are sufficient and quality traffic system, water supply system and communication system supporting fire fighting, system for management of database on fire prevention and fighting, incident notification system, fire alarm system, firefighting system, fire blocking system, smoke blocking system, fire escape system, other fire prevention and fighting equipment, and rescue equipment in accordance with regulations and standards on fire prevention and fighting or regulations of the Ministry of Public Security;

5. How can you find legal advice when you open a restaurant in Quang Binh?

6. FAQ related to open a restaurant in Quang Binh