Set up Vietnam company - Vietnam Incorporation

According to data from the General Bureau of Statistics of Vietnam as of September 20, 2019, Vietnam attracted a total of US$26.16 billion in foreign investment, an increase of 3.1% over the same period. The local supporting facilities are complete and it has the opportunity to open up new markets!

Enquiry and Quotation

• At least 1 shareholder
• At least 1 director, any nationality
• Allow all foreign investment
• Address for registration
• Registered funds (recommended) 100,000 US dollars

• Articles of incorporation
• Provide 3~5 company names (English)
• Passport of shareholder representative and director
• Notarized copy of the investor’s business registration certificate and registration certificate
• Bank credit certificate of the investment bank (account balance)
• Financial audit report for the last two years / financial audit report for the most recent year
• Provide the address of the investor to establish a factory in Vietnam or set up a trade headquarters (lease contract, notarized by the local notary office in Vietnam)

Foreign-invested enterprises, domestic enterprises, branches of foreign enterprises, and foreign contractors not subject to the Foreign Investment Law have a general tax rate of 20%. The tax rate is 17%.

Depending on the type of goods and services, VAT is subject to two rates of 5% and 10% (standard rate). Exports of processing and manufacturing products and labor export are exempt from VAT.

• The registered capital is below 2 billion VND (about 100,000 U.S. dollars): 1 million VND (about 50 US dollars);
• The registered capital above 2 billion to 5 billion VND (about US$10-25 million): 1.5 million VND(about US$75);
• The registered capital above VND 5-10 billion (about US$2.5-500 million): 2 million VND (about 100 US dollars);
• The registered capital above 10 billion VND (about 500,000 U.S. dollars): 3 million VND (about 150 US dollars).

Registration time is 3 months after the application materials are collected.