Navigate the Department of Planning and Investment (DPI) with absolute certainty. We secure your IRC/ERC approvals, provide mandatory Resident Legal Representative solutions, and unlock your Investor TRC.
Bypass bureaucratic delays. We secure your Investment Registration Certificate and Enterprise Registration Certificate flawlessly.
Vietnamese law requires a resident legal representative. We provide trusted nominee solutions so you don't have to relocate immediately.
We seamlessly transition your registration into securing your 2-Year Investor Visa (TRC) and opening multi-currency corporate accounts.
IRC/ERC Approval
For pre-vetted business scopes
Days Setup Time
Fast-track DPI processing
Corporate Banking
Vietcombank, HSBC, Standard Chartered
Investor Visa (TRC)
Legal residency secured
Failing to align your business scope with WTO commitments before filing can lead to outright rejection by the Department of Planning and Investment (DPI).
Many agencies act as mere "form-fillers." They incorporate the company but leave you with an entity that cannot legally operate, open a bank account, or hire foreign staff.
While 100% foreign ownership is allowed in Vietnam, it is strictly tied to your specific HS codes and business activities. Assuming you can do "everything" will halt your IRC approval.
Vietnam requires all overseas corporate documents to be notarized and consularized at the Vietnamese embassy in your home country. Missing this step causes 2-3 months of delays.
Getting the ERC is not the end. Trading, retail, and manufacturing companies often need secondary "Sub-Licenses" to legally operate and issue VAT invoices.
Compare the legal capabilities, compliance burdens, and operational limits of the three most common entry vehicles for foreign investors.
| Feature | 100% Foreign-Owned (FIC) | Representative Office (RO) | Local Nominee Company |
|---|---|---|---|
| Issue Local Invoices (VAT) | Yes | No (Forbidden) | Yes |
| Profit Repatriation | Fully Legal (via DICA) | Not Applicable | High Risk (Grey Area) |
| Investor Visa (TRC) | 1 to 10 Years eligible | No (Requires Work Permit) | No (Unless officially employed) |
| Best Use Case | Trading, IT, Services, Manufacturing | Market research & liaison only | Not Recommended |
Vietnam company registration for foreign investors is usually better approached as a staged process rather than a single filing. A workable path often begins with clarifying the intended activity, checking the appropriate legal route, and preparing the registration sequence around ownership, scope, and supporting documents.
Business scope, transaction flow, hiring plans, and operating goals shape the registration path from the start.
The right structure depends on intended activity, ownership profile, and practical operational needs after incorporation.
Corporate records, resolutions, identity documents, powers of attorney, and supporting papers should be prepared carefully and consistently.
Foreign-invested setups often require a registration path that accounts for both investment-side and enterprise-side steps.
Tax registration, accounting readiness, banking preparation, invoicing setup, and compliance planning matter immediately after incorporation.
A realistic setup path is rarely only about filing speed. Registration sequence, document readiness, ownership logic, and post-incorporation usability all shape the quality of the outcome.
A realistic timeline should reflect more than filing alone. Document preparation, ownership review, address readiness, registration conditions, and post-incorporation workstreams all shape the actual path to launch.
A single headline fee rarely reflects the actual scope of work. Total cost depends on structure, ownership complexity, and post-incorporation needs. Document quality is one of the most important drivers of registration efficiency.
Entity type and expansion route influence the required workstream and overall support scope.
Layered shareholder structures, group approvals, and internal governance often require additional preparation.
Legalization, notarization, translation, and document coordination can materially affect cost and timing.
Tax, accounting, banking readiness, and ongoing compliance support extend beyond incorporation alone.
Delays often come from inconsistent shareholder records, incomplete corporate papers, unclear powers of attorney, or supporting materials that are not ready in the required format.
Unlike Singapore or the UK, a cheap P.O. Box will paralyze your Vietnam business. Before your company is permitted to issue official Electronic VAT Invoices (Hóa đơn điện tử), the local tax authorities may conduct a physical site inspection.
Operating in Vietnam requires a highly specific corporate banking architecture. You cannot simply open a standard account. You are legally required to open two connected accounts.
This is the most critical account. It is strictly monitored by the State Bank of Vietnam. It is used exclusively for three purposes:
Once capital lands in the DICA, it is transferred here for daily operations. This account handles your multi-currency business needs.
Vietnam's compliance regime (VAS) is strict. Ignoring your tax setup immediately after the ERC is issued will trigger immediate penalties.
Under the Vietnamese Accounting Law, every company must officially appoint a licensed Chief Accountant. If you don't plan to hire a full-time senior local accountant, we provide a certified professional to act as your Chief Accountant on retainer.
Paper invoices are obsolete. You must register with the tax portal to issue digital "Red Invoices" complete with state-issued tracking codes. We set up this specialized software and digital token (USB Token) for you.
Even with zero revenue, your entity must submit monthly VAT declarations, quarterly PIT (Personal Income Tax) reports, and the FDI statistical reports. Our full-service packages ensure you never miss a deadline.
Vietnam strictly prioritizes the local workforce. Simply owning a company does not guarantee you can freely hire foreign employees. The Department of Labor, Invalids and Social Affairs (DOLISA) scrutinizes every foreign hire.
Registering a company grants you the right to apply for a Temporary Residence Card (TRC). The duration of your visa is directly tied to your injected capital amount.
*We handle the entire TRC application process for you and your dependents once the company is operational.
From manufacturing plants in Binh Duong to tech hubs in Ho Chi Minh City, see why foreign founders choose our execution over agency promises.
"The 90-day capital injection rule almost caught us off guard. HSJGlobal planned our DICA bank account opening perfectly, ensuring we transferred the funds legally on day 85. They saved us from massive fines."
Director, TechSaaS Ltd 🇸🇬
"We initially tried to use a cheap virtual office, but the tax authority rejected our VAT invoice registration. HSJGlobal moved us to their compliant Grade-A address, and we passed the physical inspection in 3 days."
Founder, EuroTrade 🇪🇸
"Getting the IRC was smooth, but their Chief Accountant service is the real lifesaver. Handing over all our monthly tax declarations and e-invoicing to their local CPA team lets us focus entirely on growth."
GM, Apex Manufacturing 🇨🇳
Clear, end-to-end setup packages with no hidden agency fees. Select the tier that matches your operational needs.
For investors handling their own local address and compliance.
Turnkey solution for immediate market readiness.
Setup + Visas + Full Year Compliance.
Common questions often center on foreign ownership, structure selection, registration sequence, and post-incorporation readiness.
Yes. Once your company has completed the capital injection via the DICA account and fulfilled its annual tax obligations (with no accumulated losses), you can legally repatriate dividends under Vietnam's Foreign Exchange Management regulations.
Strictly mandatory. Investors must transfer the full charter capital from overseas into the DICA account within 90 days of receiving the ERC. Failure to do so leads to heavy fines and potential revocation of your business license.
It is risky. While it may pass the initial registration, tax authorities often conduct a physical site inspection before granting VAT invoice-issuing rights. A non-compliant address can paralyze your ability to trade legally.
For most service and trading sectors, there is no legal minimum. However, the capital must be "reasonable" to cover startup costs. Practically, DPI usually expects at least $10,000–$30,000 to ensure approval.
Yes, but it requires an amendment to your IRC. Any new business scope must align with Vietnam's WTO commitments and local investment laws, which involves a formal review process by the DPI.
A company must have at least one Legal Representative residing in Vietnam. If you are based overseas, you must appoint a local representative or an authorized person to fulfill legal duties while you are away.
Leave our friendly team a message and we'll be in touch in no time.
