Company Incorporation | Ascentium Vietnam

A Clear Process for Company Incorporation in Vietnam

Most foreign-owned company setups in Vietnam take around 6 to 10 weeks, depending on the business activity, licensing requirements, and document readiness.

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Structure & Business Review

We assess your business activities, ownership structure, and incorporation requirements before registration begins.

Document Preparation

We prepare the incorporation documents and supporting records required for submission. Foreign documents may require legalisation and Vietnamese translation.

IRC Application

Most foreign-owned companies require an Investment Registration Certificate (IRC) before incorporation. This stage reviews the proposed investment activity and capital structure.

ERC Registration

Once the IRC is approved, we coordinate the Enterprise Registration Certificate (ERC) application to establish the company in Vietnam.

Operational Setup

After incorporation, we assist with tax registration, banking support, accounting setup, and e-invoicing registration.

Ongoing Compliance

Vietnam companies must maintain ongoing accounting, tax, payroll, and statutory reporting obligations after incorporation.

Limited Liability Company (LLC)

The most common structure for foreign businesses operating in Vietnam.

100% foreign ownership permitted in many sectors
Separate legal entity with limited liability protection
Suitable for trading, consulting, technology, and manufacturing activities
Requires IRC and ERC registration

Representative Office

Suitable for businesses exploring the Vietnam market before establishing full operations.

No minimum capital requirement
Eligible to hire local staff
Cannot conduct direct commercial activity or generate revenue
Valid for up to five years, renewable
Owned and operated by the foreign parent company

Branch Office

A foreign branch operating under the parent company's legal structure, with broader operational scope than a Representative Office.

Can conduct approved commercial activities locally
Parent company remains legally responsible for operations
Available only in limited industries (e.g., banking, insurance, securities, law, engineering)
Subject to local licensing and compliance requirements

Joint-Stock Company (JSC)

A shareholder-based structure with transferable shares and limited liability, suited to businesses planning to raise capital.

Minimum three shareholders required (individual or corporate)
Shares are transferable with limited liability for all shareholders
No statutory minimum capital for private JSCs (conditional businesses excepted)
Minimum capital of VND 10 billion (~USD 440,000) if publicly listed
More complex to administer than an LLC

Our Vietnam team helps you understand entity options, licensing considerations and local registration steps before you commit.

From IRC and ERC applications to tax registration and operational setup, we coordinate the entire incorporation process from application through business readiness.

Entity structure, licensing scope, and investment arrangements can affect how businesses operate in Vietnam. We help establish a structure aligned with your planned business activities and growth objectives.

For businesses expanding across multiple jurisdictions, our teams provide ongoing incorporation, compliance, and operational support across the Asia Pacific region.

Incorporated by Professionals

Our Vietnam incorporation services are delivered by qualified corporate professionals with extensive experience managing investment and business registration procedures for foreign investors.

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Manufacturing Setup

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Virtual Office

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Conditional Business License

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Product Registration

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Trademark Application

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Legal Advisory

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Transfer Ownership

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Buy a Company

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Offshore Structuring

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For a standard foreign-invested LLC, the process typically takes two to four weeks from the date of complete document submission. This covers both the Investment Registration Certificate and the Enterprise Registration Certificate. Industries requiring additional sector licences will take longer.

For most LLCs and branch offices, there is no fixed statutory minimum. Required capital is assessed based on your business activities and must be sufficient to cover projected operating costs. Certain regulated industries have specific minimums set by sector law.

No. The process can be completed remotely. We act on your behalf and manage all interactions with Vietnamese authorities. You will need to provide notarised and apostilled documents — we guide you through exactly what is required.

Incorporated companies are required to file annual financial statements, pay corporate income tax, register for VAT, and maintain statutory records. Specific obligations vary by entity type and industry. We outline all of this as part of our post-incorporation setup.

We do more than file your incorporation documents. You work with a named specialist who understands your ownership structure, sector requirements, and cross-border considerations. We incorporate your company in strict accordance with the Enterprise Law and guide you through your ongoing statutory obligations from day one. Our technology supports accuracy and consistency. Our people take responsibility for delivery.

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Company Incorporation in Vietnam

A Clear Process for Company Incorporation in Vietnam

Structure & Business Review

Document Preparation

IRC Application

ERC Registration

Operational Setup

Ongoing Compliance