Company Registration Vietnam

The two most common business entity types open to foreign investors in Vietnam are a Limited Liability Company (LLC) and a Joint-Stock Company (JSC).

Depending on the industry the company can be wholly foreign owned enterprise (WFOE), or a joint venture with a local partner.

The incorporation process in general is the same for a LLC and JSC and takes approximately 1 to 3 months. The process includes collecting and submitting relevant documents, and communication with several state authorities.

Both legal entity types give you the following advantages:

Establish a separate legal entity and enjoy the limited liability
Both individual and corporate founders are allowed
Earn revenue and conduct commercial activities
Clear corporate structure to ensure investors control over the company
Add both foreign and local shareholders/members

Emerhub will give you instructions on collecting the relevant documents and will take care of the communication and submission of applications until your company registration is complete. Foreign investors have to visit Vietnam only once to set up the company.

	Limited Liability Company (LLC)	Joint-Stock Company (JSC)
Company registration timeframe	Approximately 1 to 3 months from submission of documents to the Department of Planning and Investment	Approximately 1 to 3 months from submission of documents to the Department of Planning and Investment
Suitable for	Small to medium sized business	Medium to large sized businesses
Number of founders	1 to 50 founders	At least 3 founders
Corporate structure	Members’ Council (General meeting) Chairman of Members’ Council* Director Inspection Committee**	General Meeting Management Board Chairman of the Management Board Director Inspection Committee
Liability	Founders’ liability is limited to the capital contributed to the Company	Founders’ liability is limited to the capital contributed to the Company
Issuance of shares and public listing	A Vietnamese LLC cannot issue shares and be pubicly listed on the local stock exchange	A Vietnamese JSC can issue ordinary and preference shares, the shares can be listed on the public stock exchange

*Only required if the LLC has more than 1 founder

**Only required if the LLC has more than 11 founders

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Company registration Vietnam

Register a company that allows you to run full operations in Vietnam