Foreign entrepreneurs who want to start a small business in Vietnam have plenty of opportunities, among which establishing various types of shops or even companies which provide specialized services. Among these auto repair shops are very common in Vietnam.
Foreign investors have no restrictions if they decide to start car repair shops in Vietnam. Our company formation specialists in Vietnam can offer counseling in opening a company in the automotive industry.
Types of structures for setting up a Vietnam car repair shop
The first step in opening an auto repair shop in Vietnam is to register a company with the Companies Registrar. This will imply choosing a structure for the future business and among the most employed types of legal entities are the sole proprietorship and the limited liability company. While the first business form is suitable for small companies, the Vietnam limited liability company can be employed for medium-sized operations.
Our Vietnam company registration agents can guide foreign investors in choosing the right business form for their companies. We can also help with the incorporation procedure of a company for a car repair shop.
Licenses for auto repair businesses in Vietnam
There are no special licenses to be obtained when opening an auto repair shop in Vietnam, however, the business owner should be qualified to perform various types of works on cars and other transport equipment. Vietnam also has numerous schools which prepare the local workforce for offering services in the automotive sector. Besides assisting you with opening a car repair shop in Vietnam, you are also welcome to get other services from our lawyers which require legal insight. For instance, if you need help regarding accounting for your company, the services of the accountants at our accounting firm in Vietnam are at our disposal. If you are a foreigner who has opened a firm in Vietnam, you must get help from a local CPA to avoid any problems.
Services offered by auto repair shops in Vietnam
Car repair shops can be very advantageous businesses as they imply relatively low setup costs and obtain profits in a very short period of time. With respect to the types of services this kind of business can offer, we mention the following:
- auto body repair and maintenance services for various types of automobiles;
- electrical repair and maintenance services for personal and public transportation means;
- mechanical repair and maintenance services, as well as repainting services for automobiles;
- interior repair and maintenance services for various types of transportation equipment.
It is also possible to sell spare parts in a car repair shop in Vietnam.
For assistance in opening an auto repair business, please contact our Vietnam company formation consultants.