Vietnam Company Formations

Since accession to the World Trade Organisation in 2007 Vietnam has taken steps to revamp its legal framework for business and investment, with the changes encouraging both foreign and domestic investment. Investment Law and Law on Enterprise was introduced in 2006, along with additional legislation, that aims to offer a clearer legal framework for doing business and investing in Vietnam - offering equal opportunities to both local and foreign investors alike.

Vietnamese Company Benefits

  • We offer our clients a reliable company formation service in Vietnam
  • It is not necessary to visit Vietnam to complete your incorporation
  • Our companies incorporation system comply with the Business Registration Department of Vietnam

Registration Information Required

To incorporate a Vietnamese company the following is required for the Business Registration Department of Vietnam:

  • Proposed Company Name
  • Description of Company Activities
  • Shareholders Details
  • Company Directors Details
  • Vietnam Registered Office Address
  • Amount of Share Capital
  • Notarised copy of your passport
  • Proof of capital payment - certificate from bank
  • Memorandum of Association and Articles of Association - which we draft for you

Vietnam Company Type

  • Limited Liability Company
  • Branch Office or Representative Offices for foreign companies

A limited liability company offers limited liability to its shareholders and shares may not be issued to the public. This is the most simple and common form of business entity in Vietnam, offering little restriction on business activity and therefore, is the most popular form of incorporation in Vietnam.

Vietnam Company Name

We check that your Vietnam company name is acceptable and is not already incorporated with the Business Registration Department, certain company names are prohibited, such as names suggesting the patronage of any government or country. Prior approval by the Vietnam authorities is required.

Company Directors

Only one director is required, with no restrictions upon nationality or residency.

Legal Representative

Vietnamese companies must have a legal representative who must reside in Vietnam.

Company Shareholders

Only a single shareholder is required for a Vietnamese company, with a maximum of 5 and no restrictions placed upon nationality or residency. Shareholders may be individuals or corporate entities.

Share Capital

There is no minimum share capital for a Vietnamese company, and the chosen amount of share capital must be fully paid up within 36 months of incorporation.

Foreign Ownership

Foreigners are allowed to register their company in Vietnam. In most industries, they can own 100% of the shares of their business.

Registered Office

Your company must have a registered office in Vietnam, this is where documents may be legally served - we can provide a registered office in Vietnam.

Accounting and Reporting

Companies operating in Vietnam are required to keep accounting records, including financial statements, annual returns, income statements, etc. Accounting records must be kept in Vietnamese Dong and in Vietnamese but may be accompanied by a foreign language translation if required.

Company Incorporation Documents

Once incorporated we provide a set of corporate documents for your Vietnam company which, includes the Certificate of Incorporation, Memorandum of Association the Articles of Association and share certificates. Copies of the company incorporation documents are sent via email and the originals from the companies registry are sent to you in a corporate folder.

Contact Us
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Vietnam Advantages
  • Time - 10 weeks to incorporate your Vietnam company
  • Directors - only 1 director of any nationality is necessary for your company
  • Shareholders - only 1 shareholder is required
  • Share Capital - there are no minimum share capital requirements
  • Travel - It is not necessary to travel to Vietnam to complete your incorporation
  • Support - using our 20 years experience we guide you throughout every step of the company formation process

 

Required to Proceed
  • Company Name - We can check your company name is available
  • Passport - colour scan of your passport
  • Documents - copy of a utility bill, credit card or bank statement showing your private address
  • Start now - complete here
  • Upload - proof of address & copy passport can be uploaded here