How to set up a company in Vietnam?
Discover the essential steps to successfully establish a company in Vietnam, including legal requirements, business registration processes, and key compliance considerations. Whether you're a foreign investor or a local entrepreneur, this guide simplifies the procedures to help you navigate the Vietnamese business landscape with ease.
Check Business Eligibility and Restrictions
Certain sectors are restricted or require specific conditions for foreign investment. It is crucial to check Vietnam’s negative list for market access and industry-specific regulations before proceeding.
Determine Business Structure
Foreign investors can establish a wholly foreign-owned enterprise, a joint venture with a local partner, a representative office for market research, or a branch office for certain industries.
Complete Required Legal Procedures
The process involves obtaining an Investment Registration Certificate (IRC) and an Enterprise Registration Certificate (ERC) from the Department of Planning and Investment (DPI).
Commence Business Operations
Once all regulatory approvals are in place, the company can officially begin operations, issue invoices, and conduct business transactions in Vietnam.
Simplify Your Vietnam Journey
Doing business in Vietnam doesn’t have to be complicated. At Intercorp Solutions, we know the ins and outs of the market and are here to help you succeed