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Formation · Company Registration

Company Registration
in Vietnam.

Register your company in Vietnam with a team that handles everything — from Investment Registration Certificate through to post-establishment compliance. Clear pricing, fixed timelines, real support.

6–8 wks
Typical setup time for an LLC or JSC
2 routes
IRC + ERC for foreign-owned, ERC only for local
90 days
To contribute charter capital after ERC issuance
Fixed fee
Full quote provided before any work begins
Why Forra

Register your company without the guesswork.

Vietnam's company registration process involves multiple government agencies, bilingual documentation, sequential approvals, and a series of post-establishment steps that most first-time investors don't anticipate. A missed document or incorrect structure choice at the start can add weeks to your timeline.

Forra manages the full process on your behalf — from assessing your ownership structure and sector restrictions to submitting your IRC and ERC applications and handling every post-licensing requirement. You receive a fixed-fee quote upfront, a named advisor throughout, and a complete document set at the end.

Right structure from day one
We advise on LLC vs JSC, foreign ownership limits, and sector-specific licensing before you commit.
End-to-end document handling
We prepare, translate, notarise, and submit every required document. Nothing gets returned for missing paperwork.
One contact throughout
A named Forra advisor manages your case from first consultation to post-establishment handover.
Company Structures

Choose the right structure for your business.

Vietnam's Investment Law and Enterprise Law provide several corporate structures for both foreign and domestic investors. The two most common for foreign-owned or joint-venture companies are the Limited Liability Company (LLC) and the Joint Stock Company (JSC).

Joint Stock Company (JSC)
For investors who require complex corporate structures or plan to issue shares.
  • Can trade commercially
  • Minimum of 3 shareholders required
  • 100% foreign-owned or joint venture
  • Board of Management required
  • Can issue shares publicly (if licensed)
6–8 weeks setup time
Get a quote for JSC registration →
Representative Office
For foreign companies researching the Vietnam market before committing to full incorporation.
  • Cannot trade or generate revenue
  • No shareholders or partners
  • 100% owned by the head office
  • Chief Representative required
  • Faster and lower cost to establish
4–6 weeks setup time
Learn more about Representative Offices →
Not sure which structure fits?

Book a free consultation. We'll review your business plan, sector, and ownership requirements and recommend the right structure before any paperwork begins.

Book a free call

100% foreign ownership: Under Vietnam's WTO commitments, a wide range of business sectors allow 100% foreign ownership. However, certain industries carry restrictions — conditional, restricted, or uncommitted sectors — that limit the level of foreign participation. Forra verifies your intended business activity against current sector regulations before the application begins.

Registration Process

Six steps to a registered company.

For foreign-owned companies, the registration process involves two sequential certificate applications — the IRC and the ERC — followed by a series of post-establishment requirements. Forra manages every step.

1

Document Preparation

⏱ Up to 2 weeks

Before any application is submitted, three core documents must be in place. We guide you through each requirement and advise on the legalisation process for your home country.

  • Lease agreement — a lease or pre-lease for the registered address must be in place before application
  • Proof of financial capacity — bank statements or financial records demonstrating sufficient funds for the investment commitment
  • Investor documents — notarised and legalised identity and corporate documents from the investor's home country
2

Investment Registration Certificate (IRC)

⏱ Up to 3 weeks

The IRC is the first approval required for any foreign-owned company. It registers the investor's "investment project" with the Department of Planning and Investment (DPI) and is equivalent to Foreign Investment Approval in other jurisdictions. Without the IRC, the ERC application cannot begin.

Authorities are required to issue the IRC within 15 working days of receiving a complete application. Forra prepares the full application file and liaises with the DPI throughout the review period.

3

Enterprise Registration Certificate (ERC)

⏱ Up to 1 week

The ERC is the certificate of incorporation — required for all companies in Vietnam, both local and foreign-owned. Once issued, the company's details are published on the National Enterprise Registration Portal. The Business Registration Division is required to issue the ERC within 3 working days of a complete application.

4

Initial Post-Establishment Steps

⏱ Up to 2 weeks

Immediately after the ERC is issued, several administrative steps must be completed before the company is operational.

  • Public notification of the company's establishment
  • Purchase and registration of the company seal
  • Announcement of the seal specimen to the relevant authority
  • Appointment of the General Director / Director
5

Additional Licensing & Sub-Licenses

Depending on your business activity, additional sector-specific licenses or sub-licenses may be required before operations can commence. Common examples include conditional business lines such as education, healthcare, food & beverage, logistics, and financial services. Forra identifies these requirements during the initial assessment and manages the applications as part of your engagement.

6

Charter Capital Contribution

⏱ Within 90 days of ERC

Charter capital — the amount that members or shareholders commit to contribute — must be fully paid into the company's Direct Investment Capital Account (DICA) within 90 days of the ERC issue date. For foreign investors, funds must be transferred from an overseas bank account into the DICA before being moved to the company's operating account.

Failure to meet the 90-day deadline can trigger penalties and requires a formal amendment to the ERC. Forra tracks this deadline and advises on the transfer process.

What's Included

Everything needed to get your company operational.

Our company registration service covers the full process — from initial advice to post-establishment handover. The following services are included as standard or available as add-ons depending on your package.

Core Registration Services

Included in all company registration engagements

IRC & ERC Application

Full preparation and submission of your Investment Registration Certificate and Enterprise Registration Certificate, including all supporting documentation, translations, and authority liaison.

Registered Address & Lease Review

We review your proposed lease agreement, liaise with your landlord on documentation requirements, and confirm the address meets the DPI's registration criteria. Registered address services are available if you don't yet have a premises.

Post-Establishment Registrations

Handling of all post-ERC requirements: company seal, public notification, Director appointment, tax registration, VAT and e-invoice setup, bank account opening, and labour registration.

Bank Account Opening Support

We assist with opening both the Direct Investment Capital Account (DICA) and the company's operating account with a suitable bank, and advise on the charter capital transfer process.

Acting Legal Representative (optional)

If you require a resident legal representative in Vietnam, Forra can act in this capacity — signing documents, maintaining statutory obligations, and safeguarding shareholder interests. Often combined with ongoing corporate secretarial services.

Common Questions

What clients typically ask us.

How long does the full registration process take?

For a standard foreign-owned LLC or JSC, the end-to-end process from document preparation to a fully operational company — including post-establishment steps — typically takes 6 to 8 weeks. The IRC alone takes up to 3 weeks; the ERC is issued within 3 working days of a complete application. Sector-specific sub-licenses can extend the timeline depending on the business activity.

What documents do I need to provide?

The exact document list depends on whether you're investing as an individual or through a corporate entity. Note that most foreign documents need to be notarised and legalised — the process varies by country, and typically involves the Vietnamese Embassy in your home country.

For individual investors:
  • Notarised passport (certified by People's Committee in Vietnam or legalised)
  • Original bank statement or bank letter confirming financial capacity
  • Lease contract for the registered address
  • Documentation confirming the landlord's right to lease
For corporate investors:
  • Legalised company documents (Certificate of Incorporation, Charter, Business profile)
  • Original bank statement, bank letter, or audited financial statements
  • Notarised passport of the legal representative of the Vietnam company
  • Notarised passport of any authorised representative of the investing company
  • Lease contract and landlord documentation

What is a legal representative and do I need one in Vietnam?

A company's legal representative is the individual authorised to sign contracts and exercise rights on behalf of the company. Vietnamese law requires that at least one legal representative resides in Vietnam. If all legal representatives are abroad for more than 30 consecutive days, they must formally authorise another party to act in their place. Forra can act as your resident legal representative if needed.

What can I use as a registered address?

All Vietnam-registered companies require a fixed place of business. A dedicated desk within a serviced office is generally sufficient. Private houses are permitted for certain business lines; apartments are not. Standard virtual offices are not acceptable to the DPI, although service providers with a real estate sub-leasing license can sometimes offer compliant solutions. Forra provides registered address services for companies that need them.

When and how must charter capital be contributed?

Charter capital must be fully contributed within 90 days of the ERC's issue date. For foreign investors, funds must be transferred from an overseas bank account into a Direct Investment Capital Account (DICA) opened in Vietnam — they cannot be deposited directly into the operating account. Missing the 90-day deadline requires a formal ERC amendment and may attract administrative penalties. Forra monitors this deadline and guides you through the transfer process.

What are the post-establishment requirements after receiving the ERC?

After the ERC is issued, several immediate steps are required before the company can operate and meet its obligations.

Corporate finalisations:
  • Public notification of company establishment
  • Purchase and registration of company seal
  • Announcement of seal specimen
  • Appointment of the General Director / Director
Compliance & registration:
  • Appointment and registration of Chief Accountant
  • Payment of annual business licence fee
  • Opening of bank accounts and registration with authorities
  • Tax registration including VAT and e-invoice application
  • Registration of accounting system and chart of accounts
  • Labour registration

All of the above are handled by Forra as part of the standard registration service.

Can a foreign company own 100% of a Vietnam entity?

Yes, in many sectors. Under Vietnam's WTO commitments, 100% foreign ownership is permitted across a wide range of business activities. However, certain sectors — including education, healthcare, media, real estate, and some financial services — carry specific foreign ownership restrictions or conditions. Forra verifies your intended business activity against current regulations before any application begins, so you know your options before committing.
Get Started Today

Ready to register your company in Vietnam?

Book a free 30-minute consultation. We'll confirm the right structure, outline exactly what's needed, and give you a fixed-fee quote — no commitment required.

More Ways We Can Help

After registration, we stay with you.