Company Registration in Vietnam

Vietnam Company Registration

Foreign investors can form several kinds of legal entities with a Limited-Liability Company (LLC) and a Joint-Stock Company (JSC) being the most popular choices of company registration in Vietnam.

The legal entity is then categorized based on the percentage of its foreign investment. As most industries in Vietnam allow foreign entrepreneurs to own up to 100% of shares, a Wholly Foreign-Owned Enterprise (WFOE) is a common business structure in Vietnam. International investors can also find a local partner and incorporate a Joint Venture Company with local-foreign ownership.

Available Legal Entity Types in Vietnam

Limited Liability Company (LLC)

LLC is the most common legal entity type in Vietnam and an excellent choice for small and medium-sized enterprises (SMEs). Single investors can take advantage of its simple corporate structure, which requires one founder only. LLC is not permissible to issue public shares and be publicly listed on the Vietnamese stock exchange.

Joint-Stock Company (JSC)

JSC is recommended for medium and large-sized businesses as its corporate structure is complicated and requires a minimum of three founders. Furthermore, its registration process is often delayed due to more demanding requirements. This kind of a shareholding company allows its owners to issue shares and be listed on the public stock exchange.

Representative Office (RO)

A representative office is a perfect solution for foreign entrepreneurs who want to observe the local market in Vietnam and gain market presence before expanding to the country. An RO is not allowed to conduct any business activities that generate income and behave like an ordinary company.

Branch

A branch serves as an extension of its parent company. Owners of branches in Vietnam can conduct commercial activities and make a profit without incorporating a separate legal entity.

The Process of Vietnam Company Registration

The incorporation process of each legal entity type is different and takes from 1 to 3 months.

In general, foreign investors should pursue the process as follows:

  1. International investors are obliged to obtain an Investment Registration Certificate (IRC) from the Department of Planning and Investment (DPI).
  2. A Business Registration Certificate (BRC), often referred to as an Enterprise Registration Certificate (ERC), is the second mandatory document to be obtained during the registration procedure.
  3. After receiving both certificates, investors are obliged to proceed with their tax registration, pay business license tax and make their initial capital contribution.
Company Registration Vietnam - Legal Entity types in Vietnam

Consult with Us

How can Cekindo help your business registration in Vietnam?

  • Advise on the most suitable legal entity type.
  • Provide instructions on collecting relevant documents and submission of applications.
  • Act as a local representative to submit your application on your behalf without you being in the country.
  • Provide legal assistance during the business registration set up.
  • Assist in applying for Work Permits.

Step-by-Step Guide of Registering Company in Vietnam

  • Submit your inquiry below
  • Receive a response from our legal team within 24 hours
  • Receive a 1-hour free consultation via phone call or a virtual meeting
  • Send us all the required documents
  • Service payment
  • Let our team process your licensing application on your behalf

Contact Our Consultant

Selected Testimonials

  • Besides being understanding, patient and kind; Cekindo was extremely efficient and practical as well and guided me every step along the way. I would highly, highly recommend anyone who is either in urgent or not-so-urgent need of obtaining a visa for Vietnam to work with Cekindo. It has been a privilege doing business with them and I know who will be my agents in the future!

    Gauthier D'haenens
  • Cekindo helped us to cover important quarterly reporting when our Chief Accountant suddenly resigned. They did all the necessary paperwork. Fast and reliable.

    Jozef M.
    CEO of Finchef Co., Ltd.
  • Herewith we want to express our appreciation to PT. Cekindo Bisnis Grup and their team for all the support on medical devices services so far. We would like to take this opportunity to thank Cekindo for taking the time to listen to our needs. Whenever a need has arisen, we have always received their consistent, timely and quality support. We would not hesitate to recommend Cekindo team for any related activity or services.

    My Linh Hoangova
    Executive, ELC Group
  • CFLD_Max-Yang

    After comparing several consultants, I found Cekindo is a international and professional organization with good understanding of local market. Cekindo helped our company to set up our first Indonesian entity, and also helps with day-to-day operation.  Cekindo showed high level of professionalism. Jump start the business in Indonesia, take care of routine process, therefore we can focus more on our core business.

    Max Yang
    President, Indonesian Region, China Fortune Land Development Co., Ltd.
  • Cekindo handled business visa for our new colleague promptly and made the start of our company in Vietnam easier and faster. I particularly enjoyed communication with the consultant, who advised the best solution for us and was all the time available to answer any questions. She made sure that all the documents were collected and prepared on time and we got great support during the whole process. Thank you Cekindo and I hope to cooperate again in the near future!

    Ivana Bartonkova
    Marketing and HR director of Port Cities Vietnam

Selected clients:

Frequently Asked Questions

I would like to expand my business to Vietnam. Can I set up a company there as a foreigner?

What are the company types in Vietnam?

Is there any minimum capital required prior to company registration in Vietnam?

Will I be able to hold 100 percent ownership of a foreign-owned company?

Is there any option how to expand my business without incorporating a company in Vietnam?

I want to set up my company as soon as possible, is there some way to speed up the registration process?

What are the benefits of a local nominee company and shelf company?

I would like to set up a local company, but I do not have a reliable local partner to act as the shareholder. What should I do?