Will I be able to hold 100 percent ownership of a foreign-owned company?

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Home FAQs Company Formation

Most probably yes. The Vietnamese law enables foreigners to open foreign-owned companies in most business sectors except for six business fields mentioned in the Negative List, namely:

Drugs and narcotics.
Hazardous chemicals and minerals.
Range of specimens of endangered flora and fauna.
Prostitution.
Human trafficking, sale of human body parts and tissue.
Human cloning or asexual reproduction.

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