Asia
Limited liability company · check the project’s capital and licensing requirements · a new foreign-invested project normally needs an IRC before company registration
At least 1 legal representative living in Vietnam
Keep at least one legal representative resident in Vietnam. If the sole resident representative leaves, they must authorise another Vietnam-resident person in writing to exercise their rights and duties.
Check the project’s capital and licensing requirements
Conditional sectors can require specific capital or operating approvals. Obtain the project-specific calculation rather than treating a formation quote as the whole investment budget.
20% standard corporate income tax
Preferential 15% and 17% rates exist for eligible lower-revenue businesses. Check the current eligibility and exclusions before using those rates; petroleum and scarce-resource activities have separate rates.
Ecosystem evidence, not proof of demand for your product. Validate customers, competition and economics before investing.
The government investment guide describes international trade agreements and market links. Confirm today’s tariff schedule and product-origin rules for the proposed route.
Businesses can investigate partners and sites; incentive eligibility requires a separate current assessment.
A branch requires at least five years of parent trading history; a representative office requires one year. The permitted activities and relevant treaty or sector conditions must also be checked.
A foreign trader that has operated for at least a year can license a representative office. The licence runs for five years, or less if the parent’s own registration expires sooner.
A single-member or multi-member LLC can suit a foreign-invested subsidiary. Select the ownership and activity before preparing project and enterprise filings.
The investment registration certificate and enterprise registration certificate are separate steps. Acquisitions and exempt projects follow different procedures.
After enterprise registration, the company opens a capital account at a bank to receive investors’ capital contributions and a separate operating account for day-to-day transactions.
Some projects also need investment-policy approval, and premises documents form part of the preparation.
National observations help frame the market. They do not measure demand for your specific product.
8.0%
2025
102m
people · 2025
190.3% of GDP
2025
84.2% of population
2024
US$515bn
USD · 2025
Tell us what you sell, where you operate and what you want to achieve.
Information on this page is compiled from official and public sources, linked and dated next to each item. It is general information, not legal, tax or financial advice, and rules change. Please confirm with the source or a qualified adviser before acting. ExpandUs Global accepts no liability for decisions made using this information.
