Setting up foreign company in Vietnam

You are not a Vietnamese, you are intend to set up a new company in Vietnam.

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Firstly, on the form of invesment:

Foreign investors, when establishing a project in Vietnam, must establish an economic organization managing the project. Corresponding to the two types of licenses you receive are: Certificate of investment registration (IRC) and certificate of business registration (ERC).

Secondly, on investment capital for the project implementation:

Investment capital is the money and the other assets to conduct investment activities. Investment capital includes capital contributed by investors and mobilized capital. Mobilized capital may come from various sources such as mobilizing from banks, investors themselves or from other organizations and individuals. Schedule of capital contribution and capital mobilization proposed by the investor is shown on the investment registration certificate.

The investors have to prove financing (including both contributed capital and loan) to participate in project establishment in Vietnam.

After being granted an IRC and ERC, the investors have to open a direct investment capital account at a functional bank in Vietnam to transfer contributed capital to the account of direct investment capital within the prescibed time limit.

ABB Law provides the service of opening bank account for customers who want to make investment in Vietnam.

Thirdly, on the business lines

Foreign-invested enterprises are only allowed to do business in the fields which are not in violation of the provisions of the law of Vietnam and in accordance with international treaties.

Please send us your business lines for our review


Fourth, on tax duties payments and financial reports

We provide tax duties payments service with fee about 100 dollars and the financial reports fee according to your company’s revenue.

  1. Our professional fees:
No Scope Time Fee (USD)
1 Applying for the Certificate of investment registration 20 working days 800
2 Applying for the Certificate of business registration 05 working days 200
3 Engraving the seal and notification seal design 04 working days 150
4 Announcing business registration information on the National Business Registration Portal 01 working day 0

* Lưu ý:

The above cost does not include VAT 10%. VAT only pays for service fees;

The above cost is applied to the case where the customer provides sufficient documents and documents;

We hope that this letter will be helpful for your consideration in doing business in Vietnam.

If you have any further inquiries, please do not hesitate to contact us.



?? Types of company in Vietnam ?

In Vietnam you can choose
– Limited company (one member, from two members
– Join Stock company.
– Joint venture.

? How much does it cost for setting up a foreign company in Vietnam

One of the most concerned questions is: How much money does it take to start up a business in Vietnam.
+ Get business license.
+ Get investment registration certificate.
+ License tax.
+ Visa, Work permit.

? Required documents for setting up new company in Vietnam

The investor must prepare the bellow documents for opening company in Vietnam.
– A copy of investor’s passport or identity card.
– Company’s status report
– A certificate of incorporation
– A list of members or shareholders
– The capital of Company
– List of business lines

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