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Looking to expand your business in Southeast Asia in 2025, Vietnam company registration could be the best option. Vietnam's economy is thriving with a young demographic and progressively investor-friendly policies, making it an attractive destination for entrepreneurs, digital nomads and investors alike.
If you are a startup founder based locally or an overseas investor seeking entry into the Asian market, familiarizing yourself with the entire procedure for incorporating your business in Vietnam is paramount. In this article, we guide you through the steps of registering a company, the types of structures of business, the company registration fees in Vietnam, and, since this environment is evolving, what the foreign business registration in Vietnam looks like today.
Vietnam is a rapidly developing country with one of the most dynamic economies in Asia. Here’s why it’s worth considering:
Whether you’re entering the import-export industry, manufacturing, or tech, Vietnam offers a favorable environment for long-term growth.
Reasons to register a company in Vietnam
When it comes to Vietnam company registration, one of the first decisions you’ll need to make is the kind of business entity you want to register. The good news is that there are several options:
Perfect for small and medium-sized businesses. You can set it up alone or with partners, and it gives you legal protection by separating your personal assets from your business ones.
The Joint Stock Company (JSC) is better suited for businesses aiming to raise capital through public offerings or seeking multiple shareholders. This entity offers flexibility for businesses that plan to scale significantly.
A low-risk way for foreign companies to have a presence in Vietnam without doing any actual sales. Great for research, marketing, or building relationships.
If your foreign company wants to do business directly in Vietnam, opening a branch is possible—but it comes with stricter rules.
For most entrepreneurs (especially foreigners), an LLC is the easiest and most flexible choice.
All types of businesses in Vietnam today
If you’re not Vietnamese, don’t worry; you can start a business here. While foreign ownership is allowed in most sectors, some industries, such as defense, media, and certain areas of real estate, are subject to restrictions and may require local partnerships or joint ventures. Here’s what the process looks like:
If you’re a foreigner, this is your first hurdle. The IRC permits you to invest in Vietnam. It’s issued by the Department of Planning and Investment (DPI).
Once you’ve got the IRC, you’ll apply for the ERC. This document officially registers your company and gives you your Vietnam company registration number, which acts as your business ID for everything from taxes to banking.
With your registration complete, you’ll need a local business bank account to receive capital and handle transactions. Opening a corporate bank account in Vietnam typically requires companies to provide proof of the source of funds and meet specific due diligence requirements from the bank, especially for foreign investors.
Every business in Vietnam needs a tax code and, in many cases, a VAT registration. It’s all part of getting your company legally ready to operate.
How to Register a Business in Vietnam for Foreigners Quickly
When your ERC gets approved, your business receives a 10-digit Vietnam company registration number. This is your business’s identity in the eyes of the law, tax authorities, and banks.
You’ll need this number for:
Basically, if your company were a person, this number would be its ID card.
The costs required for Vietnam company registration vary based on multiple factors, including your business structure, geographical location, and investor nationality. Fortunately, Vietnam remains one of Southeast Asia's most cost-competitive markets for business establishment.
Standard costs encompass official registration charges, administrative requirements like company seal procurement, and mandatory compliance fees such as business license taxation. Foreign investors should anticipate additional expenses for IRC applications, document translation and notarization, and legal representation services.
Many entrepreneurs opt for professional business service providers who offer end-to-end support, from initial consultation through implementation. Optional services like virtual office solutions, accounting support, or tax compliance packages can affect the total investment.
Calculate the cost of company registration in Vietnam
The full process of registering a company in Vietnam typically takes 3 to 6 weeks, depending on your level of preparation and whether you are a foreign investor.
It’s important to build in buffer time for potential delays, particularly if your application coincides with national holidays or peak business periods. Being well-prepared with the required documentation and working with a professional service provider can help streamline the process.
Starting a company anywhere has its hurdles, and Vietnam is no exception. Here are some things to watch out for:
Registering a business in Vietnam in 2025 offers a gateway into one of Asia’s most promising markets. However, it requires careful navigation of legal and regulatory procedures.
Offshore Company Corp is your trusted partner in Vietnam company registration, offering:
Ready to get started? Contact Offshore Company Corp today and take the first step toward expanding your business in Vietnam with confidence.
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