Company Formation in Vietnam
Foreign investors have several company formation options to consider when expanding to the Vietnamese market.
A Joint-Stock Company (JSC) and a Limited Liability Company (LLC) are the two most common business entities in Vietnam used by foreign companies but certain investors may also choose to operate through a Wholly Foreign-Owned Enterprise (WFOE) or a Joint Venture (JV). NNRoad will handle the formation of the company and satisfy the necessary requirements for its establishment.
|
Limited Liability Company (LLC) |
Joint-Stock Company (JSC) |
| Best for |
Small and medium-sized companies |
Medium and large-sized companies |
| Number of founders |
1 to 50 |
At least 3 |
| Liability |
Founder's liability is limited to the capital contributed to the company |
Founder's liability is limited to the capital contributed to the company |
| Issuance of shares |
Cannot issue shares nor be listed on the local stock exchange |
Cannot issue shares nor be listed on the local stock exchange |
NNRoad's Company Formation Service Includes:
In order to take advantage of all the incentives from preferential investment laws, many foreign companies choose to set up legal entities in Vietnam.
However, the procedure and process of setting up a legal entity in Vietnam are very complicated because it is a long process to get a response from the authorities and requires many legal documents.
By understanding your company’s conditions, NNRoad with its local experts will design the best solution for you to shorten the processing time and simplify all legal procedures, which helps to set up your entity faster and in compliance with the law.
- Confirm the selection of a business entity type and shareholder structure.
- Advise with the initial capital amount, if applicable.
- Assist with the selection of entity Vietnamese name.
- Assist with translation of related documents ( for foreign language materials).
- Assist with Business Registration Certificate / Enterprise Registration Certificate.
- Apply for company seal.
- Publish the registration contents on the National Business Registration Portal.
- Assist with bank account opening.
- Assist with the completion of business registration with the local tax authority (tax registration).
- Assist with sub-licenses, if applicable.
- Assist with product registration, if applicable.