Consular legalization of economic contracts is a necessary process to ensure the legal validity of contracts used abroad. This service helps businesses guarantee that their contracts are legally recognized, avoiding legal risks in international transactions.
Why Is Consular Legalization of Economic Contracts Necessary?
An economic contract is a document that represents an agreement between individuals or organizations to perform a task or fulfill an obligation, thereby establishing the legal rights and responsibilities of the parties involved.
In the context of expanding international trade, many contracts are drafted bilingually, such as Vietnamese–English, Vietnamese–Chinese, or Vietnamese–Korean. However, there are still cases where contracts are prepared in a single language, most commonly English.
For these contracts to be legally recognized in Vietnam, individuals or organizations must undergo the consular legalization process. Consular legalization of economic contracts is a solution chosen by many businesses and organizations. This procedure confirms the authenticity of the seals, signatures, and titles of the signatories on the contract, ensuring that the documents are legally valid and accepted in Vietnam.
>> See more: Notarized Translation, Notarized Copy and Notarized Economic Contract.
Documents That Require and Do Not Require Consular Legalization for Economic Contracts
Below is detailed information about documents that require or do not require consular legalization for economic contracts:
Documents That Require Consular Legalization
- Power of Attorney Contracts: This type of contract authorizes a Vietnamese party to carry out tasks or transactions on behalf of a foreign individual or business in Vietnam. These tasks often include completing administrative procedures, submitting documents, etc.
- BCC Contracts (Business Cooperation Contracts)**: These are contracts concerning cooperation between a Vietnamese company and a foreign partner to conduct investment activities. Such contracts must be consularly legalized before applying for investment permits from state authorities.
> > See more: Which Documents Require Consular Legalization?.
Documents That Do Not Require Consular Legalization for Economic Contracts
Some contracts do not require consular legalization, including:
- Contracts established under international treaties to which both Vietnam and the partner country are signatories. According to these treaties, parties are not required to perform consular legalization.
- Contracts transmitted through diplomatic channels between competent authorities of Vietnam and the international partner, which exempts these contracts from consular legalization requirements.
- Contracts drafted and executed under Vietnamese law without any involvement of international elements, and therefore do not need consular legalization.
> > See more: Documents Exempt from Consular Legalization.
Processing Time and Validity of Consular Legalization for Economic Contracts
To carry out consular legalization, individuals or organizations must prepare a complete set of documents and submit them to the Ministry of Foreign Affairs or Vietnamese representative offices abroad.
The required documents include the contract already certified by the foreign authority, a copy of the foreign contract, the consular legalization declaration form according to the new template, the translated contract along with a copy of the translation, and a copy of the applicant’s identification document.
Processing Time
After receiving a valid submission, the Ministry of Foreign Affairs or the Vietnamese representative office abroad will process the consular legalization within no more than 7 working days. In most cases, the procedure is completed within 1 working day from the date of receipt. If the submission includes more than 10 documents, processing may take up to 5 working days.
Validity Period
When an economic contract is consularly legalized in Vietnam, the certification is valid for 3 months. If legalized in other countries, the validity period depends on the regulations of that country.
>> See more: Thủ Tục Hợp Pháp Hóa Lãnh Sự Cho Giấy Tờ Nước Ngoài Tại Việt Nam.
Latest Fees for Consular Legalization of Contracts
The latest full-package Consular Legalization service pricing at Dịch Thuật Số 1.
| Content: | Price: |
| Certified Copy Fee: | 10,000 VND / 1 page |
| Translation fees from Vietnamese into foreign languages | From 49,000 VND / per original document page / 300 words |
| Notarization Fee for the Translation: | 50,000 VND / document |
| Consular Certification Fee (with Vietnamese Ministry of Foreign Affairs stamp): | 300,000 VND / stamp (Discounted to 250,000 VND / stamp for two or more documents) |
| Consular legalization fees at foreign Embassies or Consulates | From 2,500,000 VND to 4,500,000 VND depending on the type of document |
Consular Legalization Service for Commercial Contracts at Dich Thuat So 1
Dich Thuat So 1 is proud to offer consular legalization services with the following outstanding advantages:
- Extensive Experience: With many years in the industry, we have participated in numerous important projects and successfully handled complex documents.
- Dedicated Expert Team: Our staff possess high professional qualifications and extensive experience, always ready to meet every client’s request quickly and accurately.
- Professional Workflow: We are committed to carrying out consular legalization quickly, accurately, and on schedule. Our process is optimized to ensure exceptional service quality.
- Absolute Confidentiality: All client documents and information are fully protected, ensuring privacy and security throughout the entire process.
- Reasonable Pricing: Our consular legalization services are offered at competitive and fair rates, reflecting the quality of service we provide.
We provide consular legalization services for commercial contracts, helping businesses save time and ensure the legality of important documents when operating internationally. To guarantee a process that is accurate, fast, and secure, choosing Dich Thuat So 1 is the right decision.
📞 Hanoi Hotline:: 0779 088 868 ✉ hanoi@dichthuatso1.com
📞 Hotline TP.HCM: 0934 888 768 ✉ saigon@dichthuatso1.com
🌐 Website: www.dichthuatso1.com
