Start Company in Vietnam

 01.03.2020

Le-Vaganova Varvara, founder and director of LEADERSHIP TSC:

“In 2013, when I just arrived in Vietnam and need the service to start the compаny, I had to contact a Vietnamese woman who did all paperwork for me. But so far it's even scary to remember how much money, efforts and nerves I spent on this. However, I couldn’t do something with my company even after paying the required amount. I didn’t have access to the bank account  and the stamp. Not less money and effort had to be spent to bring everything in line. I learned my lesson and understood if I want to navigate in local business , I have to sort out an object. Modesty aside, I believe I'm succeed that for the last 5 years. I speak Vietnamese, attentively monitor changes in legislation and track the main trends of economic, political and social life of Vietnam”.

    Vietnamese law about foreign investment and business creation allows foreign citizens or entity to take a part in Vietnamese limited company as a founder. Process of start the same for all types of the companies - first step is establish the company with Vietnamese founder, and second step is transfer his rights, obligation and share capital to foreign investors. Prices and terms depend on the amount of share in authorized capital of foreigners.

Documents for starting company in Vietnam:

Business in Vietnam

For Individual:

  1. Valid foreign passport with expiry date not less than 6 months notarized and certified by apostille Vietnamese Embassy in your country. If you are in Vietnam now, you have notarize your passport right here and then certife it by apostille of your country Embassy;
  2. Age of majority;
  3. Name of company in English;
  4. Office for company registration.

For entity:

  1. Certificate of company registration (translated to Vietnamese and certified by apostille Vietnamese Embassy in your country);
  2. Company’s charter (translated to Vietnamese and certified by apostille Vietnamese Embassy in your country);
  3. Passport of the company’s director (translated to Vietnamese and certified by apostille Vietnamese Embassy in your country);
  4.  Power of Attorney for representation interests in Vietnam (translated to Vietnamese and certified by apostille Vietnamese Embassy in your country);
  5. Passport the legal person who will act based on the power of attorney (translated to Vietnamese and certified by apostille Vietnamese Embassy in your country);
  6. Stamp of the company.

All notarized documents are valid for a period of 3 months.

    Depending on the purposes of your business  you can choose one of the packages below for the start the company or text us to design your own solution:

Cost-Effective - 700 USD

LLC 50% or less of foreign investments

  • company name verification
  • primary registration address
  • paperworks
  • all the starting fees
  • notarized the passport(s)
  • stamp
  • a bank account

 

Comfortable - 1100 USD

LLC from 50 % to 99% of foreign investments

  • company name verification
  • primary registration address
  • paperworks
  • all the starting fees
  • notarized the passport(s)
  • stamp
  • a bank account
  • investment certificate
  • stamp mark
  • invoices (red bills)
  • notarized the certificate of company registration

 

Reliable - 1500 USD

LLC 100% of foreign investments

  • company name verification
  • primary registration address
  • paperworks
  • all the starting fees
  • notarized the passport(s)
  • stamp
  • a bank account
  • investment certificate
  • stamp mark
  • invoices (red bills)
  • notarized the certificate of company registration

 

For the Project - 2000 USD

Joint-Stock company 99% of foreign investments

  • company name verification
  • primary registration address
  • paperworks
  • all the starting fees
  • notarized the passport(s)
  • stamp
  • a bank account
  • investment certificate
  • stamp mark
  • invoices (red bills)
  • notarized the certificate of company registration

Team of "LEADERSHIP TSC" will help you puzzle out the "Road Map" of Vietnamese business

 

Read also:

Limited Liability Company in Vietnam

Joint Stock Company in Vietnam

Branch of Company in Vietnam