Requirements

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

Information required

  • 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)

Tax rate

Corporate income tax:
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%.

VAT:
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.

Stamp duty:

  • 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).

Time required

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

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