ESTABLISHMENT OF A FOREIGN-INVESTED ENTERPRISE IN VIETNAM: ESTABLISHING A FOREIGN-INVESTED INTERNATIONAL SCHOOL IN VIETNAM
The rapid increase in the community of foreign experts and investors living in Vietnam, along with the growing demand for international-standard education among high-income Vietnamese families, has driven strong development in the FDI education market. Investing in foreign-invested educational institutions (commonly referred to as “International Schools”) ranging from preschools and K-12 multi-level general schools to universities represents a high-potential avenue for international educational groups and investment funds.
However, Education is a strictly regulated business line under Vietnamese law. To legally bring an international school into operation, investors must navigate a complex multi-step evaluation process: from securing an Investment Registration Certificate and establishing an enterprise to obtaining a Decision permitting the establishment of the school and an Educational Activity License (allowing student enrollment).
In this article, Dai Quang Minh Consulting provides a detailed analysis of market access conditions, legal regulations, and the procedure for establishing a foreign-invested international school in Vietnam under current regulations.
Prospective investors seeking assistance with establishing a foreign-invested enterprise in Vietnam are kindly invited to contact Dai Quang Minh via Hotline: 0932 191 299; Zalo: 0932 191 299; Email: info@quangminhlawfirm.com; Viber: (+84) 337 926 405; WhatsApp: (+84) 337 926 405; WeChat: (+84) 337 926 405 (ID: pouniverse) for complimentary consultation and comprehensive, efficient, and accurate legal services.
In addition, Dai Quang Minh Company provides a wide range of services, including sub-licenses, business registration, investment, foreign labor, and ongoing legal advisory services for both domestic and foreign enterprises.
Contact:
- Zalo: 0932.191.299
- Gmail: info@quangminhlawfirm.com
- Viber: (+84) 337926405/ (+84) 869672216
- WhatsApp: (+84) 337926405/ (+84) 869672216
- Wechat:(+84) 337926405 (ID: _pouniverse)/(+84) 869672216 (ID:DQM_Verna)
- Telegram: (+84) 337926405/ (+84)869672216
I. Establishment of a Foreign-Invested Enterprise in Vietnam: Market access conditions
- Core Legal Basis:
+ Decree No. 86/2018/ND-CP regulating foreign cooperation and investment in education (amended and supplemented by Decree No. 124/2024/ND-CP);
+ The current Law on Investment, Law on Enterprises, and Law on Education.
- Types of Foreign-Invested Educational Institutions:
+ Short-term training/refresher centers (language centers, life skills centers, etc.);
+ Preschool educational institutions;
+ General educational institutions (primary, lower secondary, upper secondary, and multi-level general schools);
+ Higher education institutions (universities).
- Minimum Investment Capital Requirements (excluding land use costs):
+ Preschool educational institutions: Minimum VND 20 million/child (total minimum capital calculated based on the maximum projected scale, not lower than VND 20 billion).
+ General educational institutions: Minimum VND 50 million/student (total minimum capital not lower than VND 50 billion).
+ Short-term training centers: Minimum VND 20 million/trainee.
+ Higher education institutions: Minimum VND 500 billion.
II. Establishment of a Foreign-Invested Enterprise in Vietnam: Mandatory Conditions for a Foreign-Invested International School
To obtain approval from state education management authorities, investors must fulfill all practical conditions:
- Facilities & Location:
+ Construction Land Area: For preschools and general schools, the average minimum construction site area must reach 10 - 12 m²/student (depending on urban or suburban locations).
+ Premises Lease Term: If renting existing facilities, the lease agreement must have a stable term of at least 05 years.
+ Fully satisfy standards for fire safety, structural load-bearing capacity, lighting, school hygiene, and local educational planning.
- Teaching Curriculum & Vietnamese Student Enrollment:
+ International schools are permitted to teach foreign educational programs or integrated programs combining Vietnamese and foreign curricula evaluated by the Ministry of Education and Training.
+ Ratio of Vietnamese Students: Vietnamese students studying foreign educational programs must not exceed 50% of the total number of students enrolled in that program at the institution (applicable to preschools and general education).
- Management & Teaching Staff:
+ Principal / Director: Must meet qualifications regarding professional expertise (Bachelor's/Master's degree in education) and educational management experience under Vietnamese law.
+ Foreign Teachers: Must hold a bachelor's degree in pedagogy or a suitable bachelor's degree with a pedagogical training certificate, possess minimum teaching experience, and obtain a legal Work Permit in Vietnam.
Why choose Dai Quang Minh Company?
With years of practical experience in legal consulting, Dai Quang Minh Company is a pioneer in corporate support services, specializing in fast and affordable company formation. Below are the reasons to choose business registration services at Dai Quang Minh Company:
Human Resources: Gather a team of corporate legal experts and project legal experts with a long working history at domestic private economic groups; large foreign-invested enterprises operating in Vietnam.
Consulting Policy: Clients are gifted a completely free legal consulting package when using services at Dai Quang Minh Company.
Professionalism and Experience: Dai Quang Minh Company has a workforce with in-depth knowledge of business formation, ensuring a swift and accurate consulting process.
Time-Saving: Using Dai Quang Minh Company 's services helps you save precious time as we handle the entire process and related procedures.
Legal Insight: Dai Quang Minh Company ensures that all relevant legal regulations are strictly followed in accordance with the law.
Customization: Our consulting services are highly adaptable to your specific needs, allowing you to choose options suitable for your business.
Trusted Partner: Dai Quang Minh Company has built a reputation for providing affordable business setup consulting to many enterprises and individuals nationwide.
Confidentiality Assurance: Dai Quang Minh Company is committed to the absolute protection of your personal and business information.
Detailed Support: Dai Quang Minh Company provides detailed advice and support regarding the process and requirements to help you better understand business formation.
Process Optimization: Our consulting helps optimize the business setup process, minimizing potential risks and difficulties.
Excellent Customer Experience: Dai Quang Minh Company is dedicated to providing the best customer experience through professional advice and enthusiastic support.
Focus on Business Plans: By utilizing our registration services, you can focus on developing your business plans and core activities instead of worrying about legal procedures.
III. Establishment of a Foreign-Invested Enterprise in Vietnam: Procedure for Establishing a Foreign-Invested International School
- Step 1: Apply for the Investment Registration Certificate (IRC): Foreign investors forming a new enterprise must execute investment project registration procedures to obtain an Investment Registration Certificate (IRC).
- Step 2: Apply for the Enterprise Registration Certificate (ERC): Upon receiving the IRC, the investor submits an enterprise registration dossier to the Department of Finance to obtain the Enterprise Registration Certificate (ERC).
- Step 3: Obtain the Decision Permitting the Establishment of the Educational Institution (This step does not apply to short-term training centers).
- Step 4: Obtain the Decision Permitting Educational Activities (Enrollment License). Upon completing facility construction and staffing, the investor submits an application for an educational activity license.
Prospective investors seeking assistance with establishing a foreign-invested enterprise in Vietnam are kindly invited to contact Dai Quang Minh via Hotline: 0932 191 299; Zalo: 0932 191 299; Email: info@quangminhlawfirm.com; Viber: (+84) 337 926 405; WhatsApp: (+84) 337 926 405; WeChat: (+84) 337 926 405 (ID: pouniverse) for complimentary consultation and comprehensive, efficient, and accurate legal services.
In addition, Dai Quang Minh Company provides a wide range of services, including sub-licenses, business registration, investment, foreign labor, and ongoing legal advisory services for both domestic and foreign enterprises.
Contact:
- Zalo: 0932.191.299
- Gmail: info@quangminhlawfirm.com
- Viber: (+84) 337926405/ (+84) 869672216
- WhatsApp: (+84) 337926405/ (+84) 869672216
- Wechat: (+84) 337926405 (ID: _pouniverse)/ (+84) 869672216 (ID: DQM_Verna)
- Telegram: (+84) 337926405/ (+84) 869672216
During the course of operations, should you have any questions or require any assistance, please contact Dai Quang Minh Company. We are always ready to provide support and accompany you throughout the process of construction, operation, and development.
We wish you sustainable development and breakthrough success.
Sincerely thank you./.
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