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Company Formation Services in Vietnam

Setting up a business in Vietnam can be challenging, but it doesn’t have to be. Simplify your Vietnam company formation with a partner who puts your needs first. From representative office setup to complete company registration in Vietnam, we handle the entire company establishment process for you.
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  3. Services
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  7. Company Formation

Hassle-free Company Formation in Vietnam

Expanding your business into a new region can be complex. In Vietnam, navigating regulations and administrative requirements is crucial for establishing your company legally and ensuring long-term success.
At InCorp, we’ve assisted global companies from Asia Pacific, Europe, and North America in smoothly setting up operations in Vietnam. Our experienced team is here to make your business setup seamless—from registration and compliance to outsourcing and secretarial services. Let us handle the complexities while you focus on growing your business.
Free Consultation

Benefits to Expect from Our Company Formation Service

one-stop market entry solution

One-stop market entry solution

Our package includes legal consultation, HR, taxation, and accounting services.
up to 100% foreign owned entity

Up to 100% foreign owned entity

Take complete control over your business with no risks when registering a company in Vietnam.
full transparency

Local
expertise

Our incorporation team has deep-rooted local knowledge and understanding of the Vietnam market.
speed and flexibility

Speed and
flexbility

We act swiftly and decisively on your behalf, cutting through red tape and guiding you with efficient processes.
long term commitment

Long-term
commitment

Work with personal stakeholders in our firm, genuinely committed to your long-term success.
international prestige

International
prestige

As part of InCorp Group, with a presence in 9 APAC countries, we enhance your global reputation.
Choose the Right Company Formation Options
In Vietnam, businesses can operate under various entity types, with distinct features catering to different business needs, from investment to market exploration.
Office Type

Limited Liability Company

A flexible, protected entity for all investors, easy to set up and raise capital with minimal paperwork.

Office Type

Representative Office

A non-profit, foreign-owned office for market research and hiring, with no capital needs.

Office Type

Branch Office

A foreign branch operating under the parent company’s structure, able to acquire permits and do business.

Office Type

Joint-stock Company (JSC)

A shareholder-based company with transferable shares and limited liability.

Your Vietnam Company Formation Options

Limited Liability Company (LLC)
Representative Office (RO)
Branch Office
(BO)
Joint-stock Company
(JSC)
Applicable All investors All members of WTO All investors All investors
Minimum Capital Depending on the business activities No requirements No requirements If trading on stock market, minimum 10 billion VND (~US$ 440,000),
Minimum Number of shareholders ≥ 1 (individual or corporate) Owned by head office Owned by head office ≥ 3 (individual or entity)
Limited Liability Protection
Import-Export Activities
Be a Shareholder of Another Entity
Conversion to other entity type
Corporate Income Tax Depending on the business industries No business activities that yield profit Depending on the business industries Depending on the business industries
Benefits
  • Easiest to set up
  • Easy to raise capital
  • Less paperwork
  • No capital requirements
  • Eligible to hire employees
  • Research target market
  • Same structure as original entity
  • Legal representative can get more permits
  • Shareholders only limited to liability of their investment
  • Easy to transfer shares
Talk to Our Experts
pdf guide background

Resources

A Comprehensive Checklist to
Set Up a Business
in Vietnam

The ultimate guide to expanding and setting up a business in Vietnam.
Download Now

Your Success Plan in Vietnam

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Submit Your Information & Needs

Tell us about your company’s needs and aspirations in Vietnam

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Book a Consultation With Our Experts

Go over your plan with one of our bilingual business Consultants

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Verify KYC Documents

Our consultants will contact you to process the necessary paperwork and create your company dossier

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Choose a Plan & Succeed In Vietnam

Let us simplify your business journey and make your mark in APAC’s fastest-growing economy

Talk to Our Experts

Frequently Asked Questions on Company Formation in Vietnam

Can I set up a company in Vietnam as a foreigner?

Yes, foreign investors looking to register a company in Vietnam can establish a foreign-owned company here. The most common type is an LLC (Limited Liability Company), known for its straightforward structure and quick setup process for Vietnam company registration. Depending on your business type, specific regulations apply.

What are the company types available in Vietnam?

You can open a new company in Vietnam as one of four entities: Limited Liability Company (LLC), Joint-stock Company (JSC), Branch Office and Representative Office.

Is there any minimum capital requirements for Vietnam company formation?

While Vietnamese law does not specify a minimum capital requirement, having around 25-30,000 USD is typically advised to ensure smooth incorporation and business operations.

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

Yes. The Vietnamese law enables foreigners to open 100% foreign-owned companies in most business sectors. There are a few business sectors that you are restricted from, namely the following:

  1. Drugs and narcotics,
  2. Hazardous chemicals and minerals,
  3. Range of specimens of endangered flora and fauna,
  4. Prostitution,
  5. Human trafficking, sale of human body parts and tissue,
  6. Human cloning or asexual reproduction.

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

Yes, there are several options suitable for investors who wish to open a foreign company in Vietnam and expand without forming a legal entity.

  • HR Outsourcing: We can assist in your expansion by managing recruitment, payroll, and work permits as an Employer of Record (EOR).
  • Local Distributor: Market your product in Vietnam through a local distributor selected by InCorp, saving you from being physically present during negotiations.

I want to set up a company as soon as possible, is there a way to speed up the incorporation process?

Setting up an LLC or JSC in Vietnam typically takes 40-60 days. To expedite the process, consider purchasing a shelf company from InCorp for a quicker operational start-up. This method allows InCorp to open a new company in Vietnam and transfer the management control to you within a few working days.

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

Both options offer quick incorporation and entry into the Vietnamese market. A local nominee company involves a partnership agreement with a trustworthy local partner, while a shelf company allows immediate business operations without the typical setup process.

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

Choosing a reliable local partner for your company is key to success in the country while reducing potential risks. InCorp offers local nominee services without any intervention in your business processes. We also allow our partners to terminate the contract sooner than its expiration date.

Does InCorp offer market entry and corporate services outside Vietnam?

Yes, InCorp Group extends its market entry and corporate services across 8 APAC countries. Whether you’re entering Singapore, Australia, Hong Kong, India, Indonesia, Malaysia, the Philippines, or Vietnam, we help entrepreneurs expand their business horizons by opening representative offices in Vietnam.

Clients are the Focus of Our Actions

bcg
rmit
hubert
pmg
umg
bureau veritas
kerry
evoco
canon
rightweigh
Your Experts in
Company Incorporation
30+
Years Track Record
100+
Companies Incorporated Yearly
15,000+
Clients Worldwide
1,500+
Professionals

Meet Our Experts

jack nguyen incorp vietnam

Jack Nguyen, CPA, CA

Chief Executive Officer
Jack is a Canadian Chartered Accountant with over 25 years of accounting and compliance expertise in Canada, USA, and Vietnam.
View profile
anna nhung le incorp vietnam

Nhung Anna Le

Chief Operating Officer
Anna has over 15 years of experience in business and legal consulting with both multinationals and Vietnamese companies.
View profile

Benny Nguyen

Head of Business Development
Head of HR & Payroll Services
Benny has delved deeply into taxation, labor, commercial, and investment sectors across his 17 years in Vietnam.
View profile
Get in touch with us.
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What you’ll get
A prompt response to your inquiry
Knowledge for doing business from local experts
Ongoing support for your business
Disclaimer
The information is provided by PT. Cekindo Business International (“InCorp Vietnam/ we”) for general purpose only and we make no representations or warranties of any kind.
We do not act as an authorized government or non-government provider for official documents and services, which is issued by the Government of the Republic of Vietnam or its appointed officials. We do not promote any official government document or services of the Government of the Republic of Vietnam, including but not limited to, business identifiers, health and welfare assistance programs and benefits, unclaimed tax rebate, electronic travel visa and authorization, passports in this website.
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