1. Procedures for Establishing a Foreign-Invested Enterprise in Vietnam

Step 1: Signing a Lease Agreement for the Business Premises

Foreign investors must prepare the following documents:

Written request for project implementation;

• Legal status documents: valid Passport/ID Card for individual investors; Certificate of Incorporation for corporate investors;
• Investment project proposal (including investor information, project objectives, capital, scale, schedule, socio-economic impact, investment incentives, etc.);
• Proof of financial capacity (latest 2-year financial statements, bank savings books, financial support commitments, etc.);
• Lease agreement for the head office or documents proving lawful land use rights;
• Technology explanation statement (if the project involves technology transfer requirements).

These are the preliminary steps that our Foreign-Invested Enterprise Incorporation Service will handle on behalf of the investor.

Step 2: Applying for the Investment Registration Certificate (IRC)

Investors submit the application directly to the investment registration authority and declare project information on the National Foreign Investment Information System.

Step 3: Applying for the Enterprise Registration Certificate (ERC)

The investment registration authority will issue the IRC within 15–20 working days from the date of receiving a valid application.

Step 4: Post-Incorporation Procedures – Company Seal and Tax Registration (This includes purchasing a digital signature, opening a corporate bank account, and registering for taxes)

If the company operates in a conditional business sector, it must obtain the necessary sub-licenses in accordance with Vietnamese law before commencing operations.

2. Timeline for Establishing a Foreign-Invested Enterprise in Vietnam

Typically, the process takes around 15–45 days, depending on the business sector, location, and other related factors. For detailed advice on the expected timeline for your specific case, please contact Onelaw for a personalized consultation.

3. Required Documents for Establishing a Foreign-Invested Enterprise in Vietnam

Investors must prepare:

• For individual investors: Valid Passport;
• For corporate investors: Certificate of Incorporation;
• Power of Attorney authorizing the representative of the capital contribution in the Vietnamese enterprise;
• Bank documents evidencing the transfer of contributed capital from the foreign investor’s overseas account to the investment capital account in Vietnam;
• Documents proving lawful ownership or use rights of the business location:
  •  Land Use Rights Certificate;
  • Lease agreement if renting

4. Key Considerations for Foreign Investors Establishing Enterprises in Vietnam

4.1 Business Lines and Objectives

Determine the exact business lines to be operated in Vietnam, ensuring they are not on the prohibited investment list and comply with current legal provisions. Clearly defined business objectives facilitate smoother licensing processes.

4.2 Business Location

Select a head office or production/business location that complies with local planning regulations and is duly permitted under land, construction, and environmental laws.

4.3 Investment Capital and Capital Contribution Ratio

Clearly define the total investment capital, including equity and mobilized capital (if any). Determine the capital contribution ratio among investors, ensuring compliance with foreign ownership limits in specific business sectors.

5. Our Foreign-Invested Enterprise Incorporation Services in Vietnam

We provide comprehensive, end-to-end services to help clients save time and costs, ensuring full legal compliance from the outset.

• Our service commitments include:
• Full assistance from start to finish with accuracy and efficiency;
• Attractive gift vouchers upon completion of service;
• Fast and dedicated support to finalize all procedures in the shortest possible time;
• Reasonable fees commensurate with the value and quality of service provided
  

  >> HOTLINE: 0934 890 769

5.1 Service Fees

Our service fees typically range from VND 25,000,000 to VND 50,000,000, depending on the specifics of each case.

5.2 Scope of Services

Our Foreign-Invested Enterprise Incorporation Service includes:

• Advising on the most suitable enterprise type;
• Advising on business lines in compliance with legal requirements;
• Preparing complete and accurate legal documentation;
• Amending, supplementing, and providing explanations as required by authorities;
• Representing clients in carrying out procedures and obtaining results from competent state authorities;
• Providing ongoing legal compliance advice post-incorporation.
  

  >> HOTLINE: 0934 890 769

With our team of experienced and legally proficient lawyers, we are committed to delivering professional, prompt, and effective services to our clients.