Company Registration in VietnamVietnam Company Registration

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Vietnam Business Registration

Enterworld offers a simplified process for Vietnam business registration.

  • We will help you choose the right structure for company incorporation
  • Enterworld will help apply for the Investment Registration Certificate (IRC)
  • Assistance in applying for the Enterprise Registration Certificate (ERC)
  • Help you apply for a Tax Identification Number (TIN)
  • Ensure expert consultation on navigating the business regulations of Vietnam
  • We will help you register a legal office space
  • We will help you prepare a business seal for your company
  • Enterworld will help you with all the necessary post-registration requirements
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2 to 4 months

Company Registration

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No

Travel Required?

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100%

Foreign Ownership

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Yes

Local Representative

SPecial offer

40% Off

 

Global Opportunities Await

Understanding Company Registration in Vietnam

Vietnam is a beautiful country situated in Southeast Asia. The country has become one of the most popular tourist destinations, famous for its rich culture, beautiful natural landscapes and a UNESCO World Heritage Site renowned for its towering limestone karsts and its emerald waters. Apart from tourism, the country offers excellent business opportunities for both domestic and global entrepreneurs. Company registration in Vietnam is a significant choice for global entrepreneurs.

The country has a stable economy, favourable trade policies and excellent support from the government. Vietnam also shows resilient growth in its economy, with the first half of the year 2025 showing a GDP growth of 7.52%. If you are thinking of starting a business in Vietnam, now is the best time. You can leverage the professional expertise of Enterworld and take the first step toward expanding into Vietnam’s thriving market. We will ensure a quick, successful and compliant company formation in Vietnam.

Company Registration in Vietnam
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Business Entities in Vietnam

Types of Structures for Business Setup in Vietnam

Vietnam offers different structures for business setup. These structures are specially designed to meet the different needs of the businesses, the type and size of the company you are incorporating. By choosing the right structure, you can leverage the customised benefits for your business. The key structures for business setup in Vietnam are:

imited Liability Company (LLC)

Limited Liability Company (LLC)

Company registration in Vietnam as a limited liability company is one of the most common structures for entrepreneurs. It is a simple structure that offers liability protection, perfect for small to medium-sized businesses.

There are two types of LLC in Vietnam, one is a single-member LLC, which is owned by one investor and a multi-member LLC, which is owned by two or 50 members. For incorporation, you will need at least one director who is a resident of Vietnam. The advantage of an LLC in Vietnam is the 100% foreign ownership, the liability protection, flexible management, share capital and a simplified registration process.

Joint Stock Company

Joint Stock Company

Company registration in Vietnam as a joint stock company is a structure preferred by large companies. In a joint-stock company structure, you can issue shares or raise funds from investors. This structure makes it easy for you to raise capital and scale your business over time.

For incorporation, you will need a minimum of three shareholders, and there is no maximum limit. As an entrepreneur starting a joint stock company, you can list your company shares on the stock exchange. However, you will need to ensure strict compliance requirements. The advantage of this structure is that the capital is divided into shares and can be freely transferred.

Branch Office

Branch Office

Company registration in Vietnam as a branch office is for the foreign entrepreneurs who are looking to expand business operations in the country. As a foreign entrepreneur in Vietnam, you can build your presence in the country under the parent company.

A branch office will allow you to conduct business operations in Vietnam and generate revenue. However, the liabilities and obligations will be entirely the responsibility of the parent company. To set up a branch office in Vietnam, you need a registered business address, and your parent company must have been operating for the last five years. You will also require a Branch License from the Ministry of Industry and Trade.

Representative Office

Representative Office

Company registration in Vietnam as a representative office is for foreign companies to build a physical presence in the country. However, you will not be allowed to conduct commercial business activities or revenue-generating activities, but you can build a local brand presence and explore the market of Vietnam.

You can also use the representative office to conduct market research, handle marketing and promote the products or services of the parent company. Additionally, you will also be allowed to have a registered office space and appoint employees for your representative office. This structure is useful for foreign companies that wish to expand to Vietnam but would first like to check the market potential.

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Enjoy 100% Foreign Ownership

Requirements for Vietnam Company Incorporation

To legally operate your business in Vietnam, you will need to ensure compliance with the requirements for company formation. The key requirements for Vietnam company incorporation are mentioned below:

Investment Registration Certificate (IRC) and Enterprise Registration Certificate (ERC)

As a foreign entrepreneur in Vietnam, you will need to apply for an Investment Registration Certificate (IRC), which will be issued by the Department of Planning and Investment (DPI). After you receive the IRC, you will be required to apply for the Enterprise Registration Certificate (ERC), which is the official business license in Vietnam.

Local Legal Representative

To establish a business in Vietnam as a foreign company, you will have to appoint a local legal representative who is a resident of Vietnam to communicate on behalf of the company. Additionally, the legal representative must be eligible and qualified to represent the company and must be in a managerial position or higher.

Create a Company Seal

It is mandatory for all businesses in Vietnam to create a company seal. It is important to use a company seal in most of the formal business contracts in Vietnam, especially with the government authorities. The company seal should contain the company name and the business registration number.

Vietnam Business Setup

Why Entrepreneurs Prefer Vietnam Company Incorporation?

Vietnam is a beautiful country with attractive opportunities for both domestic and global entrepreneurs, such as tax incentives, strategic location and 100% foreign ownership, making Vietnam company incorporation a top choice for entrepreneurs.

Rapid Economic Expansion

Vietnam is one of the fastest-growing economies in Southeast Asia. The country has transformed into a middle-income economy, exceeding the annual targets and offering businesses in Vietnam a strong foundation for sustainable growth.

Strategic Location

Vietnam is strategically located along the major shipping lines and is in proximity to major countries like China and ASEAN nations. If you do business in Vietnam, you will get access to both regional and global markets.

Government Initiatives

The government of Vietnam offers incentives to attract and promote investment, such as tax holidays, reduced tax rates, exemption from import, land rental exemptions, extensive support for businesses, particularly in the R&D sector and business-friendly policies for companies.

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Benefits of Company Formation in Vietnam

Vietnam has been named as one of the most attractive countries to start a business due to its strategic location, stable and rapidly growing economy and its numerous free trade agreements.

The key benefits of company formation in Vietnam are:

customers

+1k Customers

benefits

Free Trade Agreements

Vietnam has signed numerous Free Trade Agreements (FTA) and Double Tax Avoidance (DTA) Agreements which gives you access to the global community and offers direct trade advantage.

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Ease of Doing Business

Vietnam is known as one of the most improved countries to do business as the government is making changes to its regulatory business environment. These developments have made it easier for entrepreneurs to do business. It is one of the key benefits of company registration in Vietnam.

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Developing Infrastructure

Vietnam is investing in infrastructure development to support the growing economy and encourage foreign direct investment. The country is upgrading its road, logistics network, ports and airports which will ensure smooth business operations.

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Affordable Labour Costs

Vietnam is known for its reasonably priced workforce who are educated. Additionally, the country’s affordable labour costs are one of the reasons why Vietnam is an attractive destination for foreign entrepreneurs.

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Rapidly Expanding Economy

Vietnam’s economy is one of the rapidly growing economies in the world and since the country joined the World Trade Organization, Vietnam’s economy has been consistently growing which offers you a platform for long-term growth.

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Government Support

The government of Vietnam offers strong support to develop and improve regulations to promote the country for foreign investment. They also offer tax reductions and exemptions in specific industries of the country.

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Access to Asian Economies

Vietnam acts as a gateway to the larger Asian market because of its geographical position in Southeast Asia. Its proximity to southern China also benefits businesses and as a member of ASEAN, companies in Vietnam can benefit from reduced tax rates.

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Register a Company in Vietnam Online

The biggest advantage of starting a business in Vietnam is you can register your company online through the Vietnam National Business Registration Portal without being physically present, however you will need to appoint a local representative.

Documents Required

Documents Needed for Company Registration in Vietnam

  • Application for Enterprise Registration
  • Articles of Association (AoA)
  • Memorandum of Association (MoA)
  • Passport copies
  • Business License
  • Incorporation Certificate
  • A Detailed Business Plan
  • Proof of Registered Address
  • Investment Registration Certificate (IRC)
  • Enterprise Registration Certificate (ERC)
  • Residency Information

 

 

Vietnam Business Setup

Profitable Ideas for Company Formation in Vietnam

Manufacturing & Export

Garment and Textile Products

Renewable Energy

Tourism & Hospitality

E-commerce & Digital Economy

Logistics sectors

Food & Beverage

Agribusiness & Processing

Furniture Making & Design

FAQs on Vietnam Business Registration

The documents required for company registration in Vietnam are:
  • Application for Enterprise Registration
  • Articles of Association (AoA)
  • Memorandum of Association (MoA)
  • Passport Copies
  • Business License
  • Incorporation Certificate
  • A Detailed Business Plan
  • Proof of Registered Address
  • Investment Registration Certificate (IRC)
  • Enterprise Registration Certificate (ERC)
  • Residency Information

Yes, a foreign national can start a business in Vietnam. The country allows 100% foreign ownership and offers excellent incentives to attract foreign investment. Incentives such as tax breaks, tax exemptions and customs duty exemptions.

There is no minimum capital requirement for company registration in Vietnam. However, you may need a capital of US$200,000 for company registration in Vietnam Free Zone. For other areas, your capital must be self-sustaining and adequate to start and run the business. The actual cost for the capital will be dependent on the type of business you wish to establish.

The structures for company registration in Vietnam are:
  • Limited Liability Company (LLC)
  • Joint Stock Company
  • Branch Office
  • Representative Office

The time required for company registration in Vietnam is 2 to 4 months. The exact time will depend on the type of business, complexity of the requested approvals and documentation.

To register a company in Vietnam, you will have to follow the following steps:
  • Reserve the company name that aligns with Vietnam’s standards and regulations.
  • Choose the right structure for company registration in Vietnam (LLC, Joint-stock company, branch, or representative).
  • Register an office address in Vietnam, as it is mandatory.
  • Prepare the documents required for your business registration in Vietnam.
  • Apply and obtain an Investment Registration Certificate (IRC) from the Department of Planning and Investment (for foreign entrepreneurs).
  • Apply and obtain the Business Registration Certificate (BRC) from the Department of Planning and Investment.
  • Apply for a tax identification number from the Municipal Taxation Office in Vietnam.
  • Apply for a business seal that contains a business ID number and a business name.
  • Open a corporate bank account for smooth financial transactions.

The corporate income tax in Vietnam is 20%. However, you can get tax reductions for specific industries in the country.

Yes, Vietnam is a good country to do business in. The country offers attractive benefits for entrepreneurs, such as tax incentives, simplified business registration and business-friendly policies. With the country's rapidly growing economy and strategic location in Southeast Asia, Vietnam is becoming a highly attractive country for business growth and investment.

To establish a company as a foreign entrepreneur in Vietnam, you will need VND 200,000 and the cost to apply for an enterprise registration certificate is 100,000 VND. You will also need a business seal, which will cost around 250.000 VND.

Yes, Vietnam offers 100% foreign ownership. Therefore, as a foreign entrepreneur in Vietnam, you can have complete control of your business operations and make decisions individually.

 

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