Foreign-invested company setup · Vietnam

Vietnam company registration services for foreign investors

Once you have decided to establish a company in Vietnam, the next priority is to turn that business plan into a legally workable structure. Before you commit capital, sign a long-term lease or legalise foreign documents, we help you confirm that the activities, ownership, funding, location and licensing sequence fit together.

Ownership structureCan your company be 100% foreign-owned?
Capital and locationAre the proposed capital and address suitable?
Operational readinessWhat must be completed after IRC and ERC?

Share these details for an initial review

1. Investor type and nationality
2. Products, services and clients
3. Intended ownership structure
4. Proposed capital and funding source
5. City, office or project location
6. Target start date in Vietnam

Clear answers before you commit time and capital

Six questions to answer before registering your company in Vietnam

At this stage, you need more than general market information. You need clear, project-specific answers that protect your launch date, control the budget and ensure the proposed company can operate as intended.

Priority 01

Can your company be 100% foreign-owned?

The answer depends on the precise business activities, investor nationality, applicable market-access commitments, ownership limits and sector-specific requirements. We help you identify the workable structure before the application is prepared.

Priority 02

How much capital should your company register?

The registered capital should be realistic for the office, staffing, equipment, contracts and operating plan. A well-supported amount reduces questions during licensing and helps your company contribute capital on a practical schedule.

Priority 03

Is the proposed company address legally suitable?

A convenient office is not always a legally workable project location. We recommend checking the permitted use, the lessor’s authority and any sector-specific conditions before you sign a long-term lease.

Priority 04

How long will it take before the company can operate?

IRC and ERC are important milestones, but they are not the entire launch schedule. Capital accounts, tax registration, e-invoices, staffing and additional licences may determine when your company can actually begin business.

Priority 05

What is the realistic total setup budget?

We help you separate legal service fees from legalisation, translation, premises, banking, accounting, tax, staffing and sector-licence costs, so you can plan the investment budget more accurately.

Priority 06

Can the company setup be coordinated remotely?

Many legal and filing steps can be coordinated remotely. Where original documents, legalisation, bank onboarding or an in-person procedure is needed, our team explains the requirement early and helps you plan it efficiently.

A practical way to reduce rework: do not legalise every foreign document, transfer capital or commit to a long-term address before the legal route and document list have been confirmed.

Choose an ownership structure that supports your business plan

Can a foreign investor own 100% of a Vietnam company?

Many business activities can be carried out through a wholly foreign-owned company. Duong Tri Law reviews the exact activity wording, investor nationality, ownership chain and operating licences so that the selected structure is both legally available and commercially practical.

Common structure

Wholly foreign-owned company

This structure may be suitable when the intended activities permit full foreign ownership and the investor can support the proposed capital, location and implementation plan.

Key points: accessible activities, project scope, capital, investor documents and later operating permits.

Strategic or required

Joint venture with a Vietnamese partner

A joint venture may be appropriate when a Vietnamese partner is legally required or can contribute licences, premises, distribution networks, local relationships or operational capabilities.

Key points: control, voting, management, funding, profit distribution, transfers, deadlock and exit rights.

After registration

Company registration and additional operating licences

Your company may receive its registration documents but still need a trading, retail, education, logistics, tourism, digital or other specialist licence before the regulated activity can begin.

Key points: which activities can be registered now and which require a later licence or operating condition.
Reviewing conditions for a foreign-invested company in Vietnam

Confirm the key decisions before signing or legalising documents

Five decisions to confirm before signing company setup documents

A strong application tells one consistent story. The investor, business activities, capital, location and implementation schedule should support each other across the project proposal, charter, lease, financial evidence and any later operating-licence application.

1. Describe the business activities precisely
Explain what your company will sell, who the customers are, how the products or services will be delivered and whether the business will import, distribute, manufacture, provide services or operate a platform.
2. Confirm the investor and ownership chain
Identify the individual or corporate investor, nationality, ultimate ownership, authorised signatories and any group company that will fund or support the project.
3. Build a realistic capital and implementation plan
Align charter capital, total investment capital, funding source and contribution schedule with your realistic operating needs and the financial evidence available.
4. Verify the registered office and project location
Confirm the address, permitted use, lessor’s authority, building purpose and sector-specific requirements before the lease is finalised.
5. Plan the launch sequence after registration
Plan the bank accounts, capital contribution, tax, e-invoices, employment, contracts, data, website and sector licences needed for your company to begin operations legally.

Support tailored to your project and internal team

What is included in our Vietnam company registration service?

Duong Tri Law can manage the full setup or support a specific stage, depending on the experience and resources of your internal team. Before work begins, the quotation clearly explains the deliverables, your responsibilities, expected timing and external costs.

01 · Assessment

Market-access and company-structure review

We review the proposed activities, foreign ownership, investor status, capital, location, company type and approvals needed for the selected business model.

02 · Planning

Foreign-document and signing plan

Your team receives a clear plan showing who must issue, sign, legalise and translate each document, including expected lead times and validity requirements.

03 · IRC

IRC application and investment dossier

We prepare the project information, investor documents, financial-capacity evidence and explanations required for the applicable investment route.

04 · ERC

ERC application and corporate documents

We prepare the charter, members or shareholders, authorised representatives, legal representative information and enterprise registration documents.

05 · Filing

Filing, progress updates and authority coordination

Luật Dương Trí coordinates filing, monitors progress, keeps you informed and prepares amendments or explanations within the agreed scope.

06 · Readiness

Operational-readiness action plan

After registration, we help your company prioritise capital accounts, contribution, tax, invoices, contracts, staffing, reporting and sector licences before operations begin.

Prepare the time-sensitive documents first

Documents needed to register a foreign-owned company in Vietnam

The exact dossier depends on the investor and business sector. We help you start with the foreign-issued documents, corporate approvals, financial evidence and location records that usually require the longest preparation time.

Documents for IRC and ERC company registration in Vietnam

Individual investor

Identity, financial capacity and authorisation

An individual investor will normally provide a passport, personal details, evidence of financial capacity, powers of attorney and any additional documents relevant to the selected activities and funding plan.

Corporate investor

Corporate status, investment approval and ownership

A corporate investor will normally provide its certificate of incorporation, charter or constitutional documents, investment resolution, authorised-representative documents, powers of attorney, financial statements and ownership information where required.

Project and company file

Project activities, capital, location and governance

The project file includes the business description, capital structure, implementation schedule, office or site documents, company name, legal representative, charter and governance arrangements.

Legalisation and translation: the requirement depends on the issuing country, document type, treaty or exemption and how the document will be used in Vietnam.
Document consistency: names, registration numbers, addresses, capital, signatories and dates should be reconciled before documents are signed, legalised or translated.

Understand what each registration document does

IRC and ERC: what foreign investors need to know

The correct sequence depends on the investor, activities and investment route. Where both documents are required, they must remain consistent, although each serves a different legal purpose.

IRC · Investment project record

Investment Registration Certificate

Where applicable, the IRC records key project information, including the investor, objectives, capital, location, implementation schedule and other approved details.

Important check: the project description, capital, location and implementation logic must be legally compatible and commercially credible.

ERC · Enterprise record

Enterprise Registration Certificate

The ERC establishes the legal entity and records the company name, enterprise code, registered address, charter capital, legal representative and other corporate information.

Important check: charter, ownership, representative, address and capital should stay consistent with the selected investment route.
Registration documents are not the final operational approval: tax, banking, capital contribution, labour, contracts, investment reporting and sector licences may still need to be completed before revenue-generating activities begin.

A clear process with one responsible legal team

Our six-stage Vietnam company registration process

Our process is designed to resolve legal and documentary issues in the right order. You receive clear next steps at each stage, helping your team avoid signing, legalising or filing documents that later need to be replaced.

Six-stage process for establishing a foreign-invested company in Vietnam
From investment-condition review and IRC/ERC preparation to filing coordination and post-registration readiness.
01

Understanding your project

We listen to your objectives and map the investor, activities, ownership, capital, location, schedule and decision makers.

02

Confirming the legal route

We confirm market access, ownership conditions, required approvals and any operating licences your company may need.

03

Planning and controlling documents

We organise signatures, legalisation, translations, approvals, financial evidence and location documents in a practical sequence.

04

Preparing consistent applications

The project, corporate, capital, address and authority information is drafted and cross-checked for consistency.

05

Coordinating filing and follow-up

We coordinate submission, track progress and help respond to clarification or amendment requests.

06

From registration to basic operational readiness

Your handover includes priority actions for banking, capital, tax, invoices, staffing, reporting and operating permits.

Plan the registration schedule and total setup budget

Vietnam company registration timeline and cost

A useful estimate separates document preparation, authority processing and post-registration readiness. Duong Tri Law also distinguishes legal fees from official charges, translation, legalisation and operating costs so you can budget with greater confidence.

Straightforward foreign-invested company

About 20–35 working days

Legal service fee from USD 1,500

This is an indicative range for a non-conditional project with a confirmed legal route, usable investor documents and a suitable location.

From registration to basic operational readiness

Often 28–45 working days

Depends on banking, tax and permits

The practical launch schedule should also include capital accounts, contribution, tax, e-invoices, staffing and any required operating licences.

Conditional or complex project

Case-specific plan

Quotation after legal review

Regulated activities, multiple investors, special locations, investment-policy approval or additional permits may require a longer, project-specific schedule.

Items commonly included in the legal scope

What the legal service fee may include

✓ Initial legal assessment and setup roadmap
✓ Project-specific document checklist
✓ IRC and ERC drafting where applicable
✓ Filing coordination and progress monitoring
✓ Defined post-registration guidance

Items quoted or paid separately

External, third-party and operating costs

• Consular legalisation, authentication and translation
• Official filing, publication and third-party fees
• Office, factory, warehouse or project-location costs
• Banking, accounting, tax, digital signature and invoices
• Work permits, visas and sector-specific licences
The timeline and quotation rely on a stable project plan: changes to activities, investor, ownership, capital or location after documents are prepared can require redrafting, new approvals or additional legalisation.

Registration is followed by operational compliance

What to complete after receiving IRC and ERC

Receiving IRC and ERC is an important milestone, but your company may not yet be ready to trade. The first weeks after registration determine whether it can receive capital, issue invoices, sign contracts, hire staff and begin regulated activities properly.

Capital and bank accounts

Open the appropriate bank and capital accounts, arrange the contribution on time and keep evidence that matches the approved capital plan.

Tax and e-invoices

Complete the tax, accounting, digital-signature and e-invoice arrangements before transactions are recorded.

Corporate records and contracts

Finalise internal authority, corporate records, contract templates and signatory controls for day-to-day operations.

Foreign employees

Review work-permit, exemption, visa and temporary-residence requirements before foreign employees begin working in Vietnam.

Investment reporting

Assign reporting responsibilities, data ownership and submission evidence, and establish a compliance calendar from the beginning.

Operating licences

Obtain any trading, retail, website, education, tourism, logistics, food, data or specialist licence before the regulated activity begins.

Reduce delays and avoid preventable legal costs

Common risks when setting up a foreign-owned company

Many delays are not caused by a single missing form. They arise when the commercial plan, foreign documents and legal applications do not tell the same story. Early review helps your team correct these issues before they become expensive.

Business activities are too broad or inconsistent

The project proposal, charter, website, contracts and later licence applications describe different business models.

The capital plan does not support the proposed business

The funding evidence, stated investment capital, premises, staffing and planned scale do not appear credible when reviewed together.

The location is committed before legal review

A lease is signed before the permitted use, lessor’s authority, project suitability and operating-licence conditions are checked.

Foreign documents are unusable or inconsistent

The wrong version is legalised, the signatory’s authority is unclear, signatures are inconsistent or the translation does not match the original.

Corporate approvals and signatory authority are incomplete

The corporate decision-maker, authorised representative or signatory powers have not been properly documented.

Post-registration compliance is planned too late

The company receives its registration documents but cannot yet receive capital, issue invoices, hire staff or start the intended activity.

Always listening · Always finding a practical solution

Why choose Duong Tri Law for company registration in Vietnam?

Duong Tri Law listens carefully to your commercial objectives and focuses on the decisions that affect approval, timing, cost and operational readiness. Instead of disconnected filing tasks, you receive one coordinated legal roadmap and a team that stays accountable throughout the agreed scope.

Advice tailored to your investment project

Your nationality, business activities, ownership, capital, location and later licences are reviewed as one connected project.

Transparent scope, timing and quotation

Deliverables, investor responsibilities, timing assumptions, exclusions and external costs are clarified before implementation.

Clear English-speaking legal support

Legal requirements, document comments and next steps are explained in clear, practical English so your internal team can respond efficiently.

One responsible legal point of contact

One responsible team manages document versions, progress updates and coordination across the agreed work.

Guidance through the first operating steps

The handover includes practical priorities for capital, banking, tax, labour, reporting and operating licences.

Respectful and confidential document handling

Investor, ownership, financial and personal information is handled confidentially and only within the scope needed for the legal work.

What you will receive before implementation begins

Recommended setup route
Document checklist
Scope and deliverables
Expected timeline and assumptions
Fees, inclusions and exclusions
Post-setup priorities

Practical answers before you start preparing documents

Frequently asked questions about Vietnam company registration

The answers below provide a helpful starting point. Your final registration route should be confirmed against the investor, activities, ownership, capital, location and available documents.

Can a foreign investor own 100% of the company?

In many sectors, yes. However, full foreign ownership is not automatic. The conclusion depends on the exact business activities, investor nationality, applicable treaty treatment, market-access conditions and specialist rules.

Does every new foreign-invested company need an IRC?

Not every case follows the same sequence. The investor and investment route should be reviewed under the current Investment Law and implementing rules before documents are signed or legalised.

What is the minimum capital for a foreign-owned company?

There is no single universal amount for every ordinary business. The capital should be credible for the stated plan, while regulated sectors may impose legal-capital or other financial conditions.

How long does a standard setup take?

A straightforward project may be planned at approximately 20–35 working days after the legal route, usable documents and suitable location are confirmed. Legalisation, clarification requests and operating licences may extend the schedule.

Can the company be established without the investor travelling to Vietnam?

Many legal and filing steps can be coordinated remotely. Physical presence may still be needed for certain signatures, original documents, banking, immigration or institution-specific procedures. We identify these requirements as early as possible.

Should we sign an office lease before the legal review?

The location should be checked before a long-term commitment is made. Building use, lessor authority, address records and sector requirements can determine whether the premises are suitable for the project and later licences.

When must the registered capital be contributed?

The contribution plan should match the IRC, charter and applicable enterprise and investment requirements. Your company should also use the appropriate banking route and keep supporting evidence.

Can the company trade immediately after receiving the ERC?

Not in every case. Tax, e-invoices, capital accounts, staffing and operating licences may need to be completed before your company can legally carry out the intended activity.

What information is needed for an accurate quotation?

Please share the investor type and nationality, proposed activities, ownership plan, capital, city or project location, expected staffing, target launch date and any foreign documents already available.

Can Duong Tri Law support only part of the process?

Yes. The engagement can cover an initial project assessment, document review, IRC or ERC work, filing coordination, a post-registration roadmap or broader end-to-end support.

A clear first review can save weeks of rework

Get a tailored Vietnam company setup plan

Share the investor profile, intended activities, ownership plan, proposed capital, location and target launch date. Luật Dương Trí will listen to your objectives, identify the key legal decisions and provide a practical view of the documents, timing and service scope needed for the next step.

Your initial review will focus on

✓ Whether the proposed activities are accessible
✓ Whether full foreign ownership is workable
✓ The recommended registration sequence
✓ Foreign-document and location priorities
✓ Expected legal scope, timing and cost
✓ What remains before the company can operate