Foreign-Invested Company Establishment in Vietnam

Disclaimer

This article provides general information only and does not constitute legal advice for specific cases. Legal regulations may change, so you should seek professional advice before applying them. For any questions regarding the content or intellectual property rights, please contact info@ivlf-advisors.com.

In charge of expertise

Nguyen Trung Nghia
Founder & Director

Update
16/08/2025

Author
IVLF Advisors LLC

Foreign-Invested Company Establishment in Vietnam Updated 2025

Introduction

Vietnam continues to be one of the most attractive destinations for foreign direct investment (FDI) thanks to its stable political environment, competitive labor costs, and rapid economic growth. More and more international investors are looking to establish a foreign-invested company in Vietnam to expand their business operations. thành lập công ty có vốn đầu tư nước ngoài tại Việt Nam để mở rộng hoạt động kinh doanh.

Process of establishing a Foreign-Invested company in Vietnam

Tuy nhiên, thủ tục pháp lý khá phức tạp và đòi hỏi sự am hiểu sâu về luật. Bài viết này sẽ hướng dẫn chi tiết However, the legal procedures can be complex and require in-depth understanding of Vietnamese laws. This article provides a comprehensive guide to documents, procedures, costs, and key considerations when setting up an FDI company in Vietnam, along with professional solutions from IVLF Advisors LLC – a trusted legal & investment consulting firm. khi thành lập công ty FDI tại Việt Nam, đồng thời chia sẻ giải pháp tối ưu từ IVLF Advisors LLC – đơn vị tư vấn chuyên nghiệp trong lĩnh vực pháp lý & đầu tư.

What is a foreign-invested company in Vietnam?

According to the Law on Investment 2020, foreign investors are entitled to establish companies in Vietnam, but must comply with conditions on business sectors, ownership ratio, and legal procedures. Luật Đầu tư 2020, nhà đầu tư nước ngoài có quyền thành lập doanh nghiệp tại Việt Nam nhưng phải đáp ứng điều kiện về ngành nghề, tỷ lệ vốn góp và thủ tục pháp lý.

Required documents for establishing a foreign-invested company

Investor’s legal documents

  • Passport/ID of the foreign investor (notarized).
  • Certificate of incorporation (for corporate investors).
  • Financial capacity proof: audited financial statements for the last 2 years OR bank account balance confirmation.

Company documents in Vietnam

  • Investment project proposal.
  • Office lease agreement.
  • Draft company charter.

Additional documents

  • Proof of legal premises for head office.
  • Joint venture contract (if applicable).

Step-by-step procedure for setting up an FDI company

Step 1 – Obtain the Investment Registration Certificate (IRC)

  • Submit an application to the Department of Finance (or the Industrial Zone Authority)
  • Statutory processing time: 15 working days.

Step 2 – Obtain the Enterprise Registration Certificate (ERC)

  • After receiving IRC, file for ERC issuance
  • Processing time: 5–7 working days

Step 3 – Post-licensing procedures

  • Engrave the company seal and publish the seal specimen.
  • Open an investment capital account and a transaction account.
  • Register the electronic tax declaration with the tax authority.

Timeline and estimated costs

StageStatutory TimelineEstimated Costs
IRC issuance15 daysUSD2,500 - 5,000
ERC Issuance5-7 days500 - 1,000 USD
Post-Incorporation Procedures5 days300 – 500 USD
Total25 days3,300 - 6,500 USD

(Costs vary depending on company type, business sector, and advisory services required.)

Key considerations for foreign investors

  • Business sectors: Certain sectors are conditional (e.g., securities, banking, telecom).: một số ngành nghề có điều kiện (chứng khoán, ngân hàng, viễn thông…).
  • Ownership ratio: Generally allowed up to 100%, except restricted industries.: thông thường được sở hữu đến 100%, trừ ngành có giới hạn.
  • Capital contribution: Must be fully contributed within 90 days from ERC issuance.: phải góp đủ trong vòng 90 ngày kể từ khi cấp ERC.
  • Reporting obligation: Periodic reports must be submitted to the investment authority.: định kỳ gửi cơ quan quản lý đầu tư.

Benefits of establishing an FDI company in Vietnam

Access to a growing market of nearly 100 million people.

  • Tax incentives: Corporate income tax exemptions/reductions for 4–9 years in prioritized sectors.
  • Export opportunities under FTAs (EVFTA, CPTPP, RCEP).

Why choose IVLF Advisors LLC?

  • Proven expertise: Over 10 years assisting foreign investors in Vietnam.: hơn 10 năm hỗ trợ doanh nghiệp FDI tại Việt Nam.
  • Comprehensive services: From IRC, ERC to tax, labor, and licensing.: từ xin IRC, ERC đến thuế, lao động, giấy phép con.
  • Efficiency & compliance: Accurate filings, fast process, reduced legal risks.: hồ sơ hợp lệ, xử lý nhanh, hạn chế rủi ro pháp lý.
  • Transparent costs: Clear fee structure with no hidden charges.: cam kết báo phí rõ ràng, không phát sinh bất hợp lý.

Contact IVLF Advisors LLC today for a consultation: IVLF Advisors LLC để được tư vấn miễn phí:

Frequently Asked Questions (FAQ)

Can foreign investors own 100% of a company in Vietnam?
Yes, except in restricted business sectors.

How long does it take to establish an FDI company?
ormally 45–60 days depending on the industry.

Is there a minimum capital requirement?
No general minimum capital, but some sectors require statutory capital

Can an FDI company hire foreign employees?
Yes, but work permits or exemptions are required under Vietnamese labor law.

Conclusion

Establishing a foreign-invested company in Vietnam requires careful preparation of documents and understanding of legal procedures. To avoid risks and save time, it is highly recommended to engage a professional consulting firm such as IVLF Advisors LLC. đơn vị tư vấn chuyên nghiệp như IVLF Advisors LLC.

📌 With a team of experienced lawyers and advisors, IVLF Advisors guarantees fast, secure, and cost-effective solutions for foreign investors entering the Vietnamese market. giải pháp nhanh chóng, an toàn và tối ưu chi phí cho doanh nghiệp FDI tại Việt Nam.

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