Vietnam

Vietnam

Vietnam is one of Southeast Asia’s fastest-growing markets with a strategic location, stable politics, and transparent legal systems. The country offers open IP laws, skilled talent, attractive tax incentives, and strong digital governance. As part of ASEAN and many global FTAs with 70+ double tax agreements, Vietnam is a key gateway for international trade and investment.

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Limited liability company - LLC

3 Reason To Start Your Business In Vietnam

Vietnam

Vietnam is a gateway to Southeast Asia with fast economic growth and global trade access.

Vietnam

Transparent regulations, open IP laws, and attractive tax incentives make setup easy.

Vietnam

Vietnam offers a highly trained, tech-savvy labor force and broad FTA access to support long-term growth.

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What You Need to Know About Forming a Limited liability company - LLC?

What is an LLC?

What is an LLC?

An LLC (Limited Liability Company) is a business structure that protects owners from personal liability. In Vietnam, it’s a common choice for both local and foreign investors due to its flexibility and clear legal framework.

Do I need an LLC?

If you plan to operate a business in Vietnam with limited liability and simplified management, forming an LLC is a smart option. It suits startups, SMEs, and foreign-owned businesses.

What does LLC formation mean?

LLC formation refers to the legal process of registering your company with the authorities. In Vietnam, this includes choosing a company name, submitting documents, and receiving an enterprise registration certificate.

How easy is it to form an LLC?

Forming an LLC in Vietnam is straightforward with proper support. The process typically takes 10 working days, including document review and Business License issuance.

What does LLC formation mean?

Vietnam company
registration In 4 Easy Steps

1

Preparation

Register or login and fill in the company names and director/ shareholder(s).
Fill in shipping, company address or special request (if any).

2

Filling

Get soft copies of key documents (Certificate of Incorporation, etc.) to start your business. Use the company kit to open a bank account, or let us assist with banking.

3

Payment

Choose your payment method (We accept payment by Credit/Debit Card, PayPal or Wire Transfer).

4

Delivery

Request free company name search We check the eligibility of the name, and make suggestion if necessary.

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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.

Read more:

How to set up a company in Vietnam?

Types of company in Vietnam

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).

Read more:

Vietnam company formation

Company registration fees in Vietnam

The most common company types are Limited Liability Company known as LLC and Joint Stock Company known as JSC.

Both types are suitable for foreigners with an LLC being recommended to smaller companies with a few owners while a JSC better fits big businesses or those that plan to go public.

Read more:

Starting a business in Vietnam

Can a foreigner own a business in Vietnam