VSICdata
VSIC 2018 · Sub-class
47735

Retail sale of household fuel oil, bottled gas, coal and fuel wood in specialized stores

Bán lẻ dầu hoả, gas, than nhiên liệu dùng cho gia đình trong các cửa hàng chuyên doanh

Open to 100%

This class covers the retail sale of household fuel products in specialized stores.

Includes

  • Sale of household fuel oil
  • Sale of bottled gas
  • Sale of coal
  • Sale of fuel wood

Foreign ownership

Open to 100%

This activity is not on Vietnam’s market-access negative list. A foreign investor may hold up to 100%, subject to the ordinary IRC and ERC licensing and the capital expectations below.

Recommended route

Wholly foreign-owned LLC

Up to 100% foreign equity, one or more members

Joint-stock company

For multiple shareholders or a later listing

Branch office

Extension of a foreign parent (limited sectors)

Compare all company structures

Registration path

  1. 1

    IRC

    Investment Registration Certificate from the DPI

  2. 2

    ERC

    Enterprise Registration Certificate (the company itself)

  3. 3

    Post-licensing

    Seal, corporate bank account, tax and e-invoicing

  4. 4

    Sub-licence

    Sector permit, if the activity is conditional

Emerhub files each step with the authorities; you provide the documents and information.

Charter capital

SituationVNDUSD
Most business linesVietnam sets no statutory minimum charter capital for most sectors. The registered charter capital must be credible for the project and fully contributed within 90 days of the Enterprise Registration Certificate. Foreign-invested projects are assessed on capital adequacy at the Investment Registration Certificate stage.. Legal basis: Law on Enterprises 2020 (No. 59/2020/QH14), Art. 47, 75, 113; Law on Investment 2020.No floorNo floor

Bold is the figure the law sets; the other column is an approximate conversion at ₫25,400 to USD 1. Vietnam sets no general minimum for most sectors.