Why registering your company in Vietnam

Strategic location at the heart of Southeast Asia region with well-equipped infrastructure for international trading
Flexible corporate structure with 100% Foreign Ownership (Wholly Foreign-Owned Enterprise), or Joint Venture with local partner
No initial paid-up capital requirement for most activities, but registered capital must be paid up in full within 90 days from the registration date.
Fast-growing domestic market with a total population of over 97 million people as of 2019 year-end, and high growth of middle class
Promising alternative manufacturing hub for China with competitive labor cost, young, dynamic, and resourceful local workforce
Socio-political and macro-economic stability
Transformation of centrally-managed to a market-oriented economy with many investment and tax incentives for foreign investors
15 Free trade agreements (FTAs) with its key trading partners. The most prominent among them are AFTA with Asian countries, EVFTA with European member states.

Limited Liability Company (LLC) / Join Stock Company (JSC)

iconAt least one member / 3 shareholders
iconRequired local registered address
iconNo local legal representative requirement
iconNo minimum capital requirement for most cases
iconNo upfront paid-up capital

Steps of registering your Vietnam company

Foreign investors who want to set up a company in Vietnam will have to acquire two license types, namely the investment license and the enterprise license. Note that the licensing requirements can change depending on factors such as company ownership.

steps to set up a company in Vietnam

Step 1: Investment Registration

The first step to start a business in Vietnam is to obtain an Investment Registration Certificate (IRC). This application is subject to the review and assessment by the Department of Planning and Investment.

Step 2:Enterprise Registration

The next step is to get a Business/Enterprise Registration Certificate (ERC) from the provincial Department of Planning and Investment, regardless of whether the investment project is carried out inside or outside of the regulated zones. Typically, your ERC application will be processed within 3 working days. Note that depending on what sector your business operates in, additional licensing procedures may be required by relevant government ministry levels before obtaining approval.
Wave top

Vietnam Company Formation Packages

Banking support package for Vietnam companies

Basic Banking Support

  • One-time fee for application of one bank
  • Consulting on the preparation of your chosen bank's required documents
  • Preparing certified translated corporate documents if needed
  • Making appointment with your chosen bank in the supported list

US$299

Premium Banking Support

  • One-time fee for application of up to 3 banks OR till account opened successfully, whichever comes first
  • Consulting on the preparation of your chosen bank's required documents
  • Preparing certified translated corporate documents if needed
  • Meeting at registered office address for all applications

US$599

placeholder

Refund Guarantee

We refund your money in full for services that we cannot deliver.

Read our policy

Bring your next business venture online

Vietnam Company Incorporation Process

1

Create online order

Enter our online order platform for easy onboarding experience and tailor your orders. We have different packages of Vietnam company formation and additional services that suit your goals. During this process, we also provide free consulting to help you set up the right company structure per your need.

2

Make payment

Your settlement can be made online via Credit card, Debit Card. Bank wire transfer is also acceptable.

3

Collect and Verify KYC documents

After receiving your order and payment, our customer service will contact you on the same day to confirm the order information and gather the required documents for incorporation in Vietnam.

4

Proceed the incorporation

The foreign corporate registration in Vietnam could be finished in 10 days or span from 2 to 3 months contingent on your selected business entity types, business sectors, and project's scale.

Required Documents

  • Notarized/Certified True copy of passport of all members

    • Personal bank account confirmation letter proving financial capacity for the investment project

      • We also provide true copy certification service for your personal identity documents as per your need.

        * See certified true copy guide

        placeholder

        Need more help to set up your business in Vietnam?

        Just get in touch with us. We typically response within 2 hrs.

        Frequently Asked Questions