Company Establishment

Company Establishment

We offer end-to-end company establishment solutions, including legal, financial, and administrative support.

What is Company Establishment service?
Company Establishment, also known as business formation or company registration, is the process by which a new business entity is legally created and recognized by the relevant government authorities.

To be specific, we would support in:

  • Choosing a business structure: We advise on potential forms of business, which legal structure suits your business goals.
  • Registering business name: We advise on possible business names that comply with legal requirements and are not already in use by another entity.
  • Filing legal documents: We help prepare and file the required legal documents by the appropriate governments.
  • Obtaining required permits and licenses: Depending on the type of business and its location, we help obtain specific permits and licenses to operate legally.
  • Opening a business bank account: We help to establish a separate bank account for your business to conduct any arising transactions.

OUR STEP-BY-STEP PROCESS

1

Discovering your needs

2

Analyzing and propose customized solutions

3

Putting the plan into action

4

Supporting for the long run

Frequently asked questions

What types of business entities can I choose in Vietnam?

The most common types of business entities in Vietnam include:

  • Partnership: Involve two or more individuals who share management responsibilities and are jointly liable for the partnership’s debts.
  • Limited Liability Company (LLC): a popular choice for small to medium-sized businesses
    Owners (members) have limited liability, meaning their personal assets are generally protected from business debts.
  • Joint Stock Company (JSC)
    These businesses can issue shares to raise funds and have a more complex corporate governance structure.
  • Branch or Representative Office
    Branch offices can conduct business activities and generate revenue, while Representative offices are limited to non-profit activities, such as market research and promotion.
  • FDI company: Can be wholly foreign-owned or have a combination of foreign and domestic ownership.
    They are subject to specific regulations related to foreign investment.

Here are the key legal requirements for company registration in Vietnam:

  • Business type selection: Such as Limited Liability Company (LLC), Joint Stock Company (JSC), and so on.
  • Business name registration
  • Business Registration Certificate
  • Legal representative
  • Registered address within Vietnam
  • Investment capital: Is different by business type and industry
  • Drafting the charter: Outlines the company’s internal rules and regulations
  • Tax registration
  • Social insurance registration: Register your company and employees for social insurance contributions.
  • Annual reporting and compliance

The time required to register and establish a company in Vietnam can vary depending on the type of business entity, location, and the completeness of the required documentation.

The entire process can take from a few weeks to several months for more complex cases (e.g., Foreign direct investment company).

Yes, here are some of the common incentives available for new businesses:

  • Investment Promotion Policies include: Tax incentives, land use rights, and favorable conditions for land lease or rent.
  • Corporate Income Tax (CIT) reductions and exemptions for those operate in specific industries or regions.
  • Import and export tax preferences on equipment, machinery, and raw materials used in their operations.
  • Technology transfer support through incentives for R&D activities.

It depends on the type of business entity and the nature of your business activities.

While there may be some flexibility in meeting the physical office requirement, maintaining a registered address is typically mandatory to comply with legal and administrative procedures, such as tax registration, licensing, and receiving official notices from government authorities.