Legal Services for Investors Applying for a Vietnam Temporary Residence Card

For foreign investors and business owners, holding a Vietnam Temporary Residence Card (TRC) is not only convenient for long-term stay but also essential for managing investments and enterprises effectively. A TRC eliminates the need for repeated visa extensions and demonstrates compliance with Vietnamese immigration and investment laws. If you are an investor seeking professional support for your TRC application, contact Apolo Lawyers at contact@apolo.com.vn or Hotline (+84) 903 419 479 for expert assistance.

Legal Services for Investors Applying for a Vietnam Temporary Residence Card

1. Eligibility of Investors for a TRC

According to the Law on Entry, Exit, Transit, and Residence of Foreigners in Vietnam (2014, amended 2019), foreign investors can apply for a TRC if they:

• Have invested in a Vietnamese company through a valid Investment Certificate or Business Registration Certificate.
• Own a charter capital contribution as required by law (the higher the investment capital, the longer the TRC validity, up to 10 years).
• Hold a passport valid for at least 13 months.

Lawyers play a crucial role in reviewing investment documents and ensuring your companys registration aligns with immigration regulations.

2. Required Documents and Common Legal Issues

To obtain a TRC as an investor, you will typically need:

• A valid passport and current visa.
• Business Registration Certificate and Investment Certificate.
• Company seal and confirmation of operation.
• Application forms (NA5/NA8).
• Local residence confirmation from the ward police.

Frequent legal obstacles include:

• Company capital contribution not fully implemented as declared.
• Changes in business registration not updated with authorities.
• Inconsistent information between investment documents and immigration records.

With legal assistance, these issues can be detected early and corrected to prevent rejections or delays.

Legal Services for Investors Applying for a Vietnam Temporary Residence Card

3. Why Legal Support is Essential for Investors

Investors often face more complex requirements compared to employees or dependents, since immigration approval is tied to the companys compliance. Lawyers ensure:

• Verification of Investment Documents: Confirming your capital contribution and business license are sufficient for TRC issuance.
• Coordination with Authorities: Liaising with both the Department of Planning & Investment and the Immigration Department.
• Long-Term Residency Planning: Advising on TRC validity, renewals, and potential upgrades to longer-term residency based on investment value.
• Risk Prevention: Avoiding pitfalls such as expired documents, tax non-compliance, or discrepancies that may cause TRC rejection.

With Apolo Lawyers, investors gain peace of mind knowing their immigration status is fully secured while they focus on growing their business in Vietnam.

>>Read more: https://www.apololawyers.com/bai-viet-chi-tiet/obtaining-temporary-resident-card-for-foreigners-in-vietnam-194.html 

APOLO LAWYERS