01
Check Market Access & Structure
Confirm foreign-ownership conditions, business lines, licences, capital, project location, legal representative and address eligibility.
ASEAN+ Business Gateway : International Business Setup
Vietnam Company Formation for Foreign Investors
Launch a foreign-owned LLC in Vietnam with coordinated support for market-access review, the Investment Registration Certificate (IRC), Enterprise Registration Certificate (ERC), an eligible headquarters address, banking preparation and tax compliance.
Foreign ownership, licensing and setup requirements depend on the proposed business activity, investor profile and project location.
Key Notes
Vietnam Company Setup Requirements at a Glance
Legal Representative in Vietnam
Vietnamese law requires the company to ensure that at least one legal representative resides in Vietnam. The representative may be Vietnamese or foreign, subject to immigration, authority and company-charter arrangements.
Eligible Headquarters Address
The company needs an identifiable headquarters address in Vietnam that is eligible for the registered activity. Suitability depends on the property, permitted use, licensing and local filing requirements; confirm eligibility before signing a lease.
Process
The 4-Step Registration Process
02
Apply for IRC & ERC
Prepare investor and project documents, obtain investment approval or an IRC where required, then apply for the ERC that establishes the company.
03
Open Capital & Operating Accounts
We prepare the application and coordinate banking introductions. Each bank sets its own KYC, source-of-funds and in-person attendance requirements.
04
Activate Tax & Compliance
Complete post-licensing registrations, capital contribution, electronic invoicing, bookkeeping, applicable tax filings and annual audit support.
Estimated standard IRC/ERC setup timeframe
30–45 business days*
100%
Foreign ownership where eligible
4
Easy Steps
*Estimate begins after receipt of a complete, legalized dossier and excludes investment-policy approval, sector licences, bank onboarding and authority queries.
Investor Fit
Is a Vietnam Foreign-Owned LLC Right for You?
This route can suit foreign founders and international companies entering Vietnam with a defined operating activity, credible project capital and a local headquarters. Before committing, confirm market access, sector licences, staffing, tax exposure and whether a new company or an acquisition route is more appropriate.
Requirements
Documents Needed for Registration
For Individual Investors
1. Passport and identity details in the required notarized or legalized form
2. Evidence of financial capacity, such as bank confirmation or other accepted proof
3. Project details, proposed activities, capital, location and implementation plan
For Corporate Investors
1. Certificate of incorporation, charter and authority documents, legalized and translated as required
2. Authorized signatory and ultimate beneficial owner documents
3. Evidence of financial capacity, commonly recent financial statements or another accepted form
The exact dossier varies by investor jurisdiction, ownership route, activity and licensing authority. UnionSPACE confirms the document and legalization checklist before filing.
Pricing
Vietnam Packages
Essential Foreign-Owned LLC Setup
For eligible founders who need incorporation, address support and banking preparation.
Total Package Fee
THB
273,500
What's included:
Incorporation
- IRC where required, ERC and company seal support
Eligible Business Address
- 1 year included, subject to activity and address eligibility
Banking Assistance
- Document preparation and bank introduction; approval not guaranteed
Complete Foreign-Owned LLC Setup
For founders who want registration + first-year compliance support included.
Total Package Fee
THB
430,400
What's included:
Incorporation
- IRC where required, ERC and company seal support
Legal Representative Support
- Vietnam-resident support for 1 year, subject to eligibility, authority and a separate role agreement
Eligible Business Address
- 1 year included, subject to activity and address eligibility
Banking Assistance
- Document preparation and bank introduction; approval not guaranteed
Accounting & Tax
- 1 year bookkeeping and scheduled tax filing within the stated transaction scope
Accounting in the Complete Plan
Includes monthly bookkeeping (up to 50 transactions), plus VAT, CIT, and PIT reports.
Banking Note
UnionSPACE prepares the application and coordinates introductions. The bank controls KYC and approval and may require the legal representative, signatory or beneficial owner to attend in Vietnam.
Company Incorporation brochure
FAQ
Vietnam Company Setup FAQs
Quick answers to the most common questions about setting up a company in Vietnam.
Foreign investors may own 100% of a Vietnam company when the proposed activity is open to full foreign ownership. Market-access conditions, sector rules, licences and applicable treaty commitments must be checked before filing.
Not always. Many activities permit full foreign ownership, while conditional or restricted sectors may impose ownership limits, approvals, experience, capital or other requirements. An activity-level market-access review should come first.
- At least one owner or member for a single-member LLC, or the required participants for the chosen entity type
- A legal representative, with at least one legal representative residing in Vietnam
- An eligible headquarters address in Vietnam
- Approved business lines, credible capital and an IRC or other investment approval where required
The legal representative may be Vietnamese or foreign and acts for the company within the authority stated by law and the charter. The company must ensure that at least one legal representative resides in Vietnam and must manage authorization if that person leaves Vietnam.
Vietnam does not generally impose a Singapore-style company-secretary office on an LLC. The company must still maintain statutory records and appoint the management and legal-representative roles required for its entity type.
An Investment Registration Certificate (IRC) records an eligible foreign-invested project. An Enterprise Registration Certificate (ERC) establishes the legal entity. A new foreign-invested company commonly obtains the IRC before the ERC, although acquisition structures and statutory exemptions can follow a different route.
Much of the preparation and filing can be coordinated remotely, but originals, notarization, consular legalization or certified translations may be required. A bank or licensing authority may also require an in-person meeting.
A standard IRC/ERC setup is often estimated at 30–45 business days after a complete, legalized dossier is available. Investment-policy approval, conditional-sector licences, authority queries, banking and post-licensing activation can extend the total launch timeline.
The dossier commonly includes investor identity or corporate records, financial-capacity evidence, project and business-line details, proposed capital and location documents, the company charter, member or shareholder information and legal-representative documents. Exact notarization, legalization and translation requirements vary.
Vietnam does not impose one universal minimum for every business. Registered capital must be credible for the project and operating plan, while regulated activities can carry statutory minimums or additional financial conditions.
Capital should be based on the project scope, licensing conditions, planned expenses and evidence that the company can operate as proposed. A generic USD figure is not reliable for every investor or business line. Charter-capital contribution timing should be confirmed against the ERC, IRC and applicable enterprise rules.
It depends on the bank and account. Banks apply their own KYC, beneficial-ownership, activity and source-of-funds checks and may require the legal representative, authorized signatory or beneficial owner to attend in Vietnam. Account approval is never guaranteed by an introducer.
The standard Corporate Income Tax (CIT) rate is generally 20%, subject to current law. Preferential rates, exemptions or sector-specific treatment may apply, so the company’s facts should be reviewed before relying on a rate.
Typical obligations include compliant accounting records, electronic invoices, monthly or quarterly filings where applicable, annual CIT finalization and audited financial statements for foreign-invested enterprises. Deadlines and filing frequency depend on the company’s status and current tax rules.
After incorporation, complete the registered capital contribution on time (commonly within 90 days for LLC member contributions, subject to the applicable rules and registered project schedule), activate tax and electronic invoicing, maintain accounting records, make required filings and renew or report sector licences as applicable.
Official References
Vietnam Company Formation Sources
This page is practical general information, not legal, tax or banking advice. Requirements can change and authorities assess each application on its facts. Review the Vietnam Investment Promotion Agency’s foreign-invested company procedure and the official Enterprise Law 2020 record, then obtain case-specific advice before filing.
Content reviewed: 26 August 2026.
Ready to assess your Vietnam company setup?
Share your proposed activities, owners, capital and preferred city. UnionSPACE will help map the likely foreign-ownership, IRC/ERC, address, banking and compliance path before you proceed.
Our multilingual team speaks: English, Chinese, Russian, Burmese, Thai, Tagalog, Bahasa, and Kazakh.
Contact our Company Formation Team
Our professional & multilingual team is ready to assist you with your post operating concerns.
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How can we reach you
Location
29, Sukhumvit Soi 39, Phrom Phong, 10110, Bangkok
sales@unionspace.com
Call
(+66) 02 0360 600
Open Hours
Monday-Friday: 9AM - 6PM
