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Company Registration

We guide you through the complexities of company registration and incorporation in Vietnam. We expertly manage the legal, tax and financial details, ensuring a seamless setup for your business.

Setting up a private limited company is a common approach for foreign investors in Vietnam looking to protect their expansion. However, establishing a local entity involves several steps and some complex  compliance requirements. Due to the complexity and time involved, many businesses find engaging a service provider like MSA Asia is often the most effective approach for registering a local presence.

Vietnam Company Registration Services

  • Company Name Reservation: Company registration starts with reserving a name. The name must adhere to specific regulations.
  • Application Document Preparation: We assist in gathering company details, preparing documents, obtaining signatures, and submitting them.
  • Company Registration: The processing time varies. Upon completion, you’ll receive registration documents.
  • Opening Bank Account: After official registration, companies can open a corporate bank account.
  • Registration Corporate Income Tax and VAT: Companies must obtain a corporate tax ID and register for VAT if necessary.
  • Social Fund Registration: All full-time employees, both local and foreign, must be registered with the Social Security Office.
  • Business License Application: Depending on the industry, a business license may be required. We can help determine the requirements and secure all necessary licenses.
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Benefits of our Vietnam Company Registration Services

  • Accelerated Market Entry: We expedite the registration process, enabling you to start operations in Vietnam more quickly.
  • Seamless End-to-End Solutions: We offer comprehensive support from name reservation to tax ID acquisition, streamlining the process.
  • Local Expertise, Global Perspective: Our team combines knowledge of Vietnamese business practices with an understanding of international business needs.
  • Dedicated Support & Communication: You’ll have a dedicated point of contact for guidance and updates.
  • Multilingual Capabilities: We handle documentation and communication in multiple languages.

How to Choose a Business Structure in Vietnam

In Vietnam, there are several business structures, each with distinct characteristics, catering to different business needs and scales:

  • A Limited Liability Company (LLC) offers limited liability to its members, meaning their personal assets are protected from business debts, providing a key advantage for risk management. It has a simpler management structure compared to a joint-stock company, typically with a Members’ Council or a company owner managing the operations. This structure is prevalent among small to medium-sized enterprises (SMEs) due to its flexibility and ease of administration.
  • A Representative Office (RO) is not a profit-generating entity but an extension of a foreign company, used for market research, liaison, and other supporting activities. Its role is limited to facilitating communication and cannot engage in direct commercial activities.
  • A Joint-Stock Company (JSC), on the other hand, can issue shares to raise capital, making it suitable for larger-scale operations and public offerings. It has a more complex governance structure with shareholders, a board of directors, and a supervisory board, ensuring greater transparency and accountability, which is crucial for attracting investment. Each structure has specific legal and compliance requirements, influencing factors such as ownership, management, and operational scope.
  • A Joint Venture is a collaborative structure between a foreign company and a local company. It is often structured in Vietnam as a Limited Liability Company. 

Register Your Company in Vietnam, with MSA 

MSA are Vietnam expansion experts with vast experience in setting up international companies in Vietnam. To find out which business structure is right for you, and to ensure you register your entity correctly, get in touch with our Vietnam incorporation specialists

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