Setting up a company in a foreign country can be overwhelming. With regulatory requirements, language barriers, and unfamiliar administrative procedures, many foreign investors find the process daunting. At 68 SOLUTIONS, we simplify company formation in Vietnam through fast, transparent, and end-to-end support — helping you build your business with confidence from day one.
What Is Company Formation?
Forming a company in Vietnam is the process of creating a new business organization or enterprise, through registration and completing the necessary legal procedures to operate legally.
The process of establishing a company includes choosing the type of business, naming the company, preparing and signing necessary documents, submitting business registration documents and receiving a business registration certificate from the state agency.
Types of Company Structures
Representative Office
Ideal for foreign companies seeking to conduct market research or explore business opportunities in Vietnam without engaging in commercial activities.
- No income-generating activities allowed
- One owner
- 100% foreign-owned
- The foreign company has been operating for more than 1 year
- Processing time: 3–4 weeks
Limited Liability Company (LLC)
The most common form of entity for foreign investors in Vietnam. Suitable for a wide range of business activities.
- Conduct registered business activities
- One or more company owners/ members
- Partly or wholly foreign ownership
- Cannot issue shares
- Processing time: 3–4 weeks
Joint Stock Company (JSC)
Ideal for investors needing a more complex corporate structure or seeking future investment and share issuance.
- Conduct registered business activities
- At least 3 shareholders
- Partly or wholly foreign ownership
- Can issue shares
- Processing time: 3–4 weeks
Not sure which type fits your business? Book a free 30-minute consultation with our advisors to assess your goals, ownership ratio, capital investment, and more. Call us via Hotline (+84) 989 529 699
Registration Procedure
Step 1: Compile necessary documents for the application (within 1 week)
- Proof of head office: Investors must provide an office lease contract or in-principle lease contract for the registered location of their company.
- Proof of investment capital: Each investor must provide evidence of their financial capacity, proving sufficient funds in the bank or capacity to meet investment commitments in Vietnam.
- Investor verification documentation: Each investor will need to present proper notarized/legalized documents from their home country for the application.
- Other application documents prepared by 68 SOLUTIONS, based on the information provided by Investors.
Step 2: Submit the application file for an Investment Registration Certificate (IRC) (within 3 weeks)
- For foreign investors commencing the establishment of a company in Vietnam, the initial move involves the registration of an “investment project” articulating the planned purpose of the foreign investor’s company.
- The subsequent issuance of an Investment Registration Certificate (IRC) grants the foreign investor the authority to commence the establishment procedures for their company in Vietnam.
- This IRC aligns with the notion of “Foreign Investment Approval” seen in other jurisdictions.
Step 3: Submit the application file for an Enterprise Registration Certificate (ERC) (within 1 week)
- Upon the isuance of the Investment Registration Certificate, the foreign investors are permitted to apply for an Enterprise Registration Certificate (ERC). The company will come into existence from the date of the ERC.
- This ERC aligns with the notion of “Certificate of Incorporation” seen in other jurisdictions.
Step 4: Post-setup registrations and actions (Up to 2+ weeks)
Following the incorporation, these steps involve ongoing operational processes and actions required for the smooth functioning of your company. These include:
- Company seal
- Company signboard
- Initial tax registration
- Bank account opening
- Charter capital contribution
- Obtaining of sub-licenses/ approvals for registered conditional business sectors
Key Advantages with 68 SOLUTIONS
Fast, Transparent, and Reliable
We understand that every business is unique. That’s why our services are tailored to meet your specific industry, structure, and investment needs. Whether you are launching a wholly foreign-owned enterprise or establishing a representative office, our team ensures everything runs smoothly, with:
- Fast processing (typically within 4 weeks): We acknowledge the diversity of businesses and design our services to be a perfect fit for your individual needs and preferences.
- Transparent pricing with no hidden fees: Tailored to your needs, our quotes spell out every service and its cost, guaranteeing transparency and eliminating hidden fees.
- Practical legal advice and document preparation: Simplify the startup process with our clear and practical advice, guiding you through government requirements to kickstart your business journey seamlessly.
- 100% foreign ownership in eligible sectors under WTO commitments
- Realistic timelines: most companies are up and running within 30 days
- Dedicated support in English and Vietnamese
- Full compliance with Vietnamese laws and investment regulations
- Government liaison handled on your behalf
One-stop company formation services
We take care of everything from A to Z to help you effectively run and grow your business. Discover seamless company registration in Vietnam with our all-inclusive service. From start to finish, we handle every detail so you can focus on your business. Forget about the hassle of registered offices, compliance, and document filing.
Main company formation-related services
- Company Incorporation: We handle all aspects of legal entity formation: preparing, submitting, and monitoring your documents at the DPI.
- Office Lease Support: We help you negotiate, verify, and finalize lease agreements suitable for your business license.
- Bank Account Opening: We assist in opening capital and operating bank accounts with reputable banks in Vietnam.
- Local Legal Representative Services: For clients needing a resident legal representative, we provide licensed professionals to act on your behalf.
Essential secretarial services
- Secretarial Services: We manage shareholders’ general meeting and board meeting documentation, filing, stamp custody, safekeeping, filing deadline management, and more for your new business.
- Tax and Accounting Services: Stay compliant locally with our accounting services and Chief Accountant appointment. Minimize taxes, ensure timely filings, and avoid penalties.
- Payroll and HR Services: Optimize compliance with labor laws: on-time employee payments, and efficient tracking of compensations and benefits.
- Advisory Services: Optimize your business goals with our legal and expert advice for efficient growth. Overcome challenges and boost business success with our years of experience.
Why Choose 68 SOLUTIONS?
With years of experience supporting hundreds of international clients, 68 SOLUTIONS is your trusted legal and business consulting partner in Vietnam. We prioritize transparency, speed, and compliance, ensuring your company formation journey is smooth from start to finish.
Ready to take the first step?
Contact 68 SOLUTIONS today to schedule your free consultation and start your business journey in Vietnam.
Contact our team today for personalized assistance via hotline: (+84) 989 529 699
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68Solutions – Legal & Travel
Consulting & Partnerships Department
Address: 6th Floor, 67 Yen Lang Street, Trung Liet Ward, Dong Da District, Hanoi, 100000
Fanpage: https://www.facebook.com/68solutions/
Hotline/ WhatsApp/ Zalo: (+84) 989 529 699
Email: sales@68solutions.vn
Website: www.68solutions.vn