Start Your Limited Liability Company With One IBC
One IBC simplifies establishing your Wholly Foreign-Owned LLC or Partly Foreign-Owned LLC in Vietnam, ensuring compliance with the latest regulations.
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Why Use One IBC to Set Up Your
LLC?
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Launch your LLC in 3 minutes with the best online business platform.
Do It Right
One IBC's tools give you step-by-step guidance to start and protect your new company.
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Our network of experts is ready to help your startup thrive.
What You Need to Know About Forming an LLC
What Is an LLC?
A Limited Liability Company (LLC) in Vietnam, including Wholly Foreign-Owned LLCs (100% foreign capital) and Partly Foreign-Owned LLCs (joint ventures), limits liability to capital contributions under the Law on Enterprises 2020, updated in 2024.
Why Do You Need to Form an LLC?
Forming an LLC protects personal assets, offers flexible management, and taps into Vietnam’s 2024 tax incentives (e.g., 10% corporate tax for 15 years in priority sectors).
What Challenges Come With Forming an LLC?
Challenges include meeting 2024 MPI foreign ownership caps (e.g., 49% in media) and securing a local address, which can delay setup without expert guidance.
When Do You Need to Form an LLC?
Form an LLC when entering Vietnam’s market in 2025, especially for foreign investors targeting manufacturing or tech, boosted by a projected 7% GDP growth.
Ready to Get Your
LLC?
Get StartedUse One IBC To Start Your Business In 4 Easy Steps
Preparation
Request free company name search. We check the eligibility of the name, and make suggestion if necessary.
Filling
Register or login and fill in the company names and director/ shareholder(s). Fill in shipping, company address or special request (if any).
Payment
Choose your payment method (we accept payment by Credit/Debit Card, PayPal or Wire Transfer).
Delivery
Get soft copies of key documents (Certificate of Formation, etc.) to start your business. Use the company kit to open a bank account, or let us assist with banking.
3 Reasons for Forming an LLC
Tap into Vietnam’s Tech Boom
Vietnam’s tech sector, with $4.5 billion in FDI in 2024, benefits from LLC flexibility for foreign investors
Keep it simple
Starting an LLC is usually easier than a corporation, with fewer rules for things like record-keeping.
Flexible Tax Options
Decide how you’re taxed—as an LLC or a corporation—to save money and cut tax headaches.
LLC
vs. Corporation: What's the Difference?
Understand the key differences between an LLC and a Corporation in Vietnam:
LLC
Flexibility in Management
LLC owners get more flexibility to decide how the business operates and is managed.
Tax Choices
An LLC offers flexible tax options to help you save more.
Easy Record-Keeping
An LLC doesn’t require recording minutes or holding annual shareholder meetings.
Corporation
Shareholder Ownership
Corporations are owned by shareholders instead of members, and they issue stock.
Looks More Professional
Corporations are owned by shareholders instead of members, and they issue stock.
Attracts Investors
A corp, unlike an S corp, can go public and issue stock to new investors, helping you raise funds.
What You Should Know About Forming An LLC
To form an LLC, you must submit articles of organization to the state. Every state has its own regulations, but our expertise across all states ensures a smooth process when we handle the filing for you.
Here are some key points to understand to get your LLC operational.
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Frequently Asked Questions
Foreigners are allowed to register their company in Vietnam for starting a business.
In most industries, they can own 100% of the shares of their business. In a few selected industries, company registration in Vietnam is only allowed in a joint venture agreement with a Vietnamese individual or corporate shareholder.
One IBC’ Vietnam company registration specialist will advise you with regards to the need for a joint venture partner.
Yes. in many ways.
Foreigners registering a new business in Vietnam are notably required to open a capital account in the country, which they will have to use in other to inject their company’s share capital.
A foreign investor (just like a local investor) may select one of the following Vietnamese legal entities to carry out a project:
A limited liability company (“LLC”), in the form of either a single-member LLC (“SLLC”) or an LLC with two or more (up to a maximum of 50) members (“MLLC”).
A shareholding or joint stock company (“JSC”) which is a company with at least three shareholders but no maximum number of shareholders.
A general partnership or a limited liability partnership.
A private enterprise (akin to a sole proprietorship).