ASEAN+ Business Gateway : International Business Setup

Vietnam Company Registration Services

UnionSPACE offers a comprehensive service for foreigners to set up a 100% foreign-owned company in Vietnam. The process is streamlined to be “Easy & Convenient”, allowing owners to handle most requirements remotely through digital and physical document collection.

Vietnam Business Setup

Key Notes

Official Requirements at a Glance

Resident Director

Every Vietnamese company must have at least one Resident Director (local or foreigner with a local residential address). Nominee director services are available.

Commercial Business Address

A commercial address is mandatory—residential addresses are not permitted. Virtual Offices are accepted and included in UnionSPACE packages.

Your Vietnam Company is Up & Running within
30-45 business days
100%
Foreign-owned
4
Easy Steps

Requirements

Documents Needed for Registration

For Corporate Owners

1. Notarized company documents — Certified by the Vietnam Embassy

2. Director’s passport

3. Audited financial statements — 2 to 3 years

Pricing

Vietnam Packages

Essential

For founders who need incorporation + office + banking introduction.

Total Package Fee

THB 121,500
 
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What's included:

Incorporation
  • IRC, BRC, Company Seal
Virtual Office
  • 1 year service included
Banking Assistance
  • Document preparation & introduction

Accounting in the Complete Plan

Includes monthly bookkeeping (up to 50 transactions), plus VAT, CIT, and PIT reports.

Banking Note

UnionSPACE prepares all documentation and provides introductions, but the bank account signatory must be physically present at the bank in Vietnam to open the account.

Company Incorporation brochure

Click here to download our Company Incorporation brochure (.pdf)

FAQ

Vietnam Company Setup FAQs

Quick answers to the most common questions about setting up a company in Vietnam.

In many sectors, foreign investors can own 100% in Vietnam (commonly via a foreign-invested LLC). Some sectors may have conditions or restrictions depending on business line and licensing.

No. A local partner is not mandatory for most business activities. However, certain restricted sectors may require local participation depending on licensing conditions.

To incorporate a company in Vietnam, you generally need: - At least 1 shareholder (individual or corporate entity, local or foreign) - A legal representative - A registered business address in Vietnam (commercial address, not a residential apartment) - Required registration certificates (ERC and/or IRC, depending on structure)

Every company must appoint a Legal Representative who is responsible for signing legal documents and fulfilling regulatory obligations. This person can be a foreigner or Vietnamese national.

Generally, Vietnam does not have a corporate secretary requirement like Singapore. :contentReference[oaicite:7]{index=7}

Investment Registration Certificate (IRC): Required for foreign-invested companies before establishment. Enterprise Registration Certificate (ERC): Official business registration certificate that legally establishes the company. Foreign-invested companies typically require both.

Yes. The incorporation process can be arranged remotely. However, physical presence is typically required later for bank account opening and certain compliance procedures.

The timeline depends on the type of business and licensing requirements. Generally, the process includes IRC approval (if required), ERC issuance, tax registration, and bank account setup.

The standard incorporation process includes company name reservation, preparation of the Charter / Memorandum & Articles of Association, application for IRC (if applicable), application for ERC, and submission of shareholder and director KYC documents.

Vietnam does not impose a universal minimum charter capital requirement. However, certain industries may require specific capital levels.

While there is no strict minimum for many sectors, in practice, a paid-up capital of USD 10,000–20,000 is commonly recommended for foreign-owned holding companies to facilitate smoother bank account opening and licensing procedures.

Yes. The director or authorized signatory is required to be physically present in Vietnam for KYC verification during corporate bank account opening.

The standard Corporate Income Tax (CIT) rate in Vietnam is 20% on net profits.

Companies must file annual Corporate Income Tax finalization, submit audited financial statements, complete annual tax finalization within 90 days from the financial year-end, and conduct monthly or quarterly tax declarations (VAT, PIT, etc.).

After incorporation, companies must contribute charter capital within the registered timeframe (commonly within 90 days), register tax declaration within 10 days, use the electronic invoicing system, file mandatory tax reports even if there is no business activity, and maintain proper accounting records.

Ready to set up in Vietnam?

Incorporation, resident director, virtual office, banking introductions, and ongoing compliance—UnionSPACE supports your Vietnam entry end-to-end.

Our multilingual team speaks: English, Chinese, Russian, Burmese, Thai, Tagalog, Bahasa, and Kazakh.

Multilingual Team

Contact our Company Formation Team

Our professional & multilingual team is ready to assist you with your post operating concerns.

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Location

29, Sukhumvit Soi 39, Phrom Phong, 10110, Bangkok

Email

sales@unionspace.com

Call

(+66) 02 0360 600

Open Hours

Monday-Friday: 9AM - 6PM