Vietnam Company Formation is easy with Nova Law, which handles the process from start to finish. Nova Law offers professional company formation services with transparent pricing for foreign investors starting a business in Vietnam.
– Can do business in Vietnam
– Can get a tax deduction
– Can enjoy incentives from FTAs
– Can get a long-term Vietnam visa
Total time: 1 – 2 months
on investment conditions, investment capital, company structure, etc
choose a suitable location, sign the lease contract and obtain the legal documents
as per the instruction of your legal team
regulatory timeline: 15 working days
regulatory timeline: 5 working days
on bank account opening, capital contribution, tax declaration, etc.
What includes
From
Time Frame: from 1 month
#1. Professional Guidance
Nova Law is a licensed law company. Our experienced lawyers have extensive in-depth knowledge and practical experience in corporate laws of Vietnam, which allows us to help you set up your company with great efficiency and ease.
#2. We Care
From start to finish, we dedicate our energy and genuine care to providing the best possible results.
#3. Transparent Pricing
At Nova Law, you’ll know all fees before we begin work.
Vietnam is not a fully open market for foreign investors. There are certain investment conditions applied in some business sectors, such as; education, healthcare, retail, advertising. Consult with your lawyer to understand investment conditions, because they will affect the feasibility, time, and cost of launching your business in Vietnam.
Some business sectors that foreign investors can easily register and can have 100% foreign ownership, such as import, export, wholesales; business consulting; software services.
Yes. In order to establish your company in Vietnam, you must have a business address as the registered office and principal place of business (in accordance with Article 42 of the Enterprise Law 2020)
Each company in Vietnam needs to declare and deposit an amount of investment capital.
Technically, there are no regulations on a minimum capital requirement, except in some specific industries. In practice, the local licensing authority will closely examine and assess your proposed registered capital, based on the nature of your business activities and project scale. It will be determined on a case-by-case basis.
In addition, the more capital contribution, the longer-term visa will be granted to investors.
Learn more: Vietnam Investor Visa and Capital Requirements
The foreign investors will be required to provide the below documents. In addition, documents of the corporate investor (i.e. company registration certificate) are subject to the legalization and notarization process.
| Individual Investor | Corporate Investor |
|---|---|
| Passports of all investors | - Company Registration Certificate - Passport/ID Card of authorized representative(s) of the Investor |
| Bank Account Balance Certificate (Note: The account's balance must be equal to or more than the value of the declared capital) | - Financial Statement of the 02 latest fiscal years. - Bank Account Balance Certificate |
| Lease Contract and its legal documentation related to the business address | Lease Contract and its legal documentation related to the business address |
In Vietnam, there are main 3 types of company structures that foreign investors can choose from: Single Member LLC, Multiple Member LLC, and Joint Stock Company.
Choosing which company structure to establish in Vietnam is very simple. It depends on the number of investors and the management structure you require. For example, an LLC is the best fit for small and medium businesses because of its simple management structure and lower corporate compliance costs.
In addition, the regulations here in Vietnam do not differentiate the tax treatment based on the structure of companies.
Learn more: Company’s Structure in Vietnam.
Hiring a Vietnamese legal representative is certainly not required by law, it is absolutely up to your business demand. However, it is required for the Company to have at least 01 legal representative residing in Vietnam to manage the business.
The entire company formation process will take at least 20 working days to obtain the IRC and the ERC.
No. Your presence in Vietnam during the company registration process is not required, as long as you can provide all required documents in advance to Nova Law.
English
Tiếng Việt
