Exploring business visa Vietnam cost: What you need to know
- October 11,2023
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If you're an entrepreneur, or anyone seeking to conduct business activities in Vietnam, understanding the expenses associated with obtaining a business visa is essential. In this article, we will share with you the intricacies of the business visa Vietnam cost and provide you with the necessary information to plan your trip effectively. Let’s check it out now!
WHAT IS A VIETNAM BUSINESS VISA?
Before diving into Vietnam business visa costs, we need to find out what this type of visa is. Vietnam business visa, also known as commercial visa and symbols DN1 and DN2.
This type of visa is issued to foreigners entering the country to work with businesses in Vietnam, providing technical training with foreign-invested companies in Vietnam, signing contracts, and meetings,… The maximum duration of a business visa is 1 year.
Depending on each case, and the legal profile of the sponsoring company, foreigners will be considered for a commercial visa with an appropriate duration.
HOW MANY TYPES OF A BUSINESS VISA?
DN1 visa is a commercial visa issued to foreigners working with businesses and organizations with legal status.
Businesses that want to employ foreign workers will have to submit company legal documents to sponsor foreigners to apply for a DN1 visa according to the purpose of entry. Businesses that sponsor foreigners are usually the following types of companies:
Limited liability company (LLC).
Joint Stock Company (CP).
Branch or representative office of a limited liability company or joint stock company with foreign investment.
The company has foreign investment capital.
Domestic company (100% Vietnamese capital).
The DN2 visa is a commercial visa designed for foreigners entering Vietnam, primarily for the purpose of offering services and establishing a commercial presence. It enables members to provide services by establishing a commercial presence in another member country as outlined in GATS, an international treaty governed by the WTO.
Vietnam is a signatory member of the GATS, thus making the DN2 visa an integral component of facilitating international business activities within its borders. Understanding the DN2 visa is essential for those looking to engage in business and service provision within Vietnam.
Other classification methods
In addition, based on the number of entries and extension period, Vietnam business visas are divided into 6 types, including:
1-month single entry visa.
1-month multiple entry visa.
3-month single-entry visa.
3-month multiple entry visa.
6-month multiple entry visa.
1-year multiple entry visa.
3-month multiple entry business visa
WHO IS ELIGIBLE TO APPLY AND PAY FOR THE BUSINESS VISA VIETNAM COST?
The eligibility criteria to apply and pay for a business visa Vietnam cost extend to the following categories:
Individuals with business purposes may include activities such as exchanging information, signing contracts, and engaging in cooperation.
Representatives of non-government organizations.
Foreign workers who possess either a valid work permit or a work permit exemption certificate for their employment in Vietnam.
Foreign lawyers who have been officially licensed by the Ministry of Justice in Vietnam.
WHO IS EXEMPT FROM A BUSINESS VISA TO ENTER VIETNAM?
In addition to citizens who have to apply for and pay for a business visa Vietnam cost, there are many cases where citizens of some countries are exempted from applying for a visa Vietnam.
National groups are exempted from a business visa for 15 days
United Kingdom (excluding BNO)
National groups are exempted from a business visa for 14 days
National groups are exempted from a business visa for 30 days
National groups are exempted from a business visa for 90 days
The country is business visa-free for up to 21 days
The Philippines is the only country with visa exemption for up to 21 days.
APPLICATION FOR VIETNAM BUSINESS VISA
Citizens of other countries who want to apply and pay for a business visa Vietnam cost need to fully prepare the following required documents:
Foreigner's passport is valid for at least 6 months (scan copy).
Application form for issuance of official entry application for foreigners (NA2 form).
University degree and Certificate of work experience of 3 – 5 years for foreigners.
Business registration certificate, investment license of guarantee company (Notarized copy).
Tax code registration form of the guarantee company (notarized copy).
Application form for registration of company seal sample and first signature (of the person signing the document) at the Immigration Department and Immigration Management Department (form NA16).
Introductory or authorizing letter from the sponsoring company.
Identity card of the applicant.
Approval letter from the People's Committee of the province/city previously requested.
Valid health insurance or commitment to cover all medical expenses for foreigners if foreigners test positive for COVID-19 after entering the country.
Booking air tickets for experts if entering Vietnam by air (including information on flight number, flight itinerary, and airports allowed to enter as in the official dispatch).
HOW MANY WAYS ARE THERE TO APPLY FOR A BUSINESS VISA TO VIETNAM?
At present, there exist three primary methods for procuring a Vietnam business visa:
Apply for a visa at the Vietnamese Embassy/Consulate General abroad
This traditional approach involves visiting a Vietnamese diplomatic mission, such as an embassy or consulate, in your home country, or a nearby nation to complete the visa application process. This method allows you to secure your business visa before traveling to Vietnam.
Apply for a business visa at the airport (VOA)
Known as visa on arrival (VOA), this option permits travelers to obtain their business visas upon arrival at select international airports in Vietnam. It requires pre-arrangement through a reliable travel agency in advance.
Apply for an electronic visa (E-visa)
This modern and convenient method enables travelers to apply for a business visa online through the official Vietnamese government website or authorized service providers.
An E-visa is a digital travel document that allows for quicker and more straightforward processing, eliminating the need for physical embassy visits.
However, this form of visa application is only applicable for a 1-month entry visa and a 3-month entry visa once.
HOW MUCH DO I HAVE TO PAY FOR BUSINESS VISA VIETNAM COST?
The business visa Vietnam cost depends on the form of application. As follows:
Business visa fees are issued at the airport
This fee includes the cost of applying for an entry guarantee letter and stamping fee:
1-month single-entry: 25 USD
1-month multiple entries: 50 USD
3 months single entry: 25 USD
3 months multiple entry: 50 USD
6 months multiple entry visa: 95 USD
1-year multiple entry visa: 135 USD
Electronic visa (E-visa)
For each business visa Vietnam cost of an E-visa is 25 USD.
Business visa application fee issued at the Embassy/Consulate General
When applying for a business visa at the Embassy or Consulate, you also have to pay two types of fees: the entry guarantee letter fee, and the stamping fee.
According to the regulations of the Vietnamese Embassy/Consulate General in different countries, the fees may vary depending on the type of visa you are applying for. Therefore, it's advisable to reach out to them directly for more comprehensive information.
Depending on the many forms of pay for a business visa Vietnam cost, you will have to pay many different fees
IMPORTANT NOTES WHEN PAYING FOR THE BUSINESS VISA VIETNAM COST
When paying for your business visa Vietnam cost, there are several important notes to keep in mind:
Fees structure: Be aware of the specific fee structure based on the type of business visa and the application method you choose.
Currency: Ensure you understand the accepted currency for payment, and have the correct currency ready to avoid any complications.
Additional charges: Be prepared for potential additional fees or charges, such as processing fees, service charges, or fees for expedited processing, depending on your chosen application method.
Payment options: Different application methods may have different payment options. Some may accept credit cards, while others may require cash. Verify the accepted payment methods in advance.
Embassy/Consulate regulations: If applying through an embassy or consulate, check with the specific diplomatic mission for their fee structure and payment guidelines, as they can vary.
Accuracy: Ensure that you provide accurate information and double-check all fees to prevent any discrepancies.
Validity period: Confirm the validity period of your business visa to avoid any overstay issues, which can incur penalties.
Refund policy: Familiarize yourself with the refund policy in case your visa application is denied or if you decide to cancel it.
Keep records: Maintain records of your payment, including receipts and transaction details, for future reference or in case of any disputes.
Consultation: If in doubt, seek guidance from the Vietnam Embassy/Consulate, an authorized visa service provider, or official government websites to ensure that you have the most up-to-date and accurate information regarding business visa costs and payments.
Understanding the business visa Vietnam cost is essential for anyone planning to engage in commercial activities in this vibrant nation. Whether you opt for the convenience of a visa on arrival, the streamlined process of an eVisa, or choose to apply through an embassy or consulate, being informed about the fees, payment methods, and regulations is paramount.
By considering the important notes outlined in this article, you can navigate the application process confidently and ensure a smooth entry into the Vietnamese business landscape. Ultimately, your business visa is not just a travel document but a key that opens the door to countless opportunities in this dynamic and growing economy.
If you have any further queries or need additional support about the Vietnam visa or E-visa, please feel free to reach out to us via phone at +84 28 7303 6167 or send an email to firstname.lastname@example.org. Our dedicated team is available 24/7 and ready to assist you!