Step-by-Step Guide to Registering a Foreign-Owned Company in Vietnam (2025 Update)

Are you planning to expand your business to Vietnam? With its growing economy, strategic location, and open-door policies for foreign investors, Vietnam has become one of the top FDI destinations in Southeast Asia.

However, the registration process for a foreign-owned company in Vietnam is more complex than for local enterprises. It involves multiple legal steps, regulatory approvals, and strict documentation — but with the right guidance, the process can be smooth and successful.

In this step-by-step guide, we’ll walk you through everything you need to know to register a foreign-owned company in Vietnam in 2025.


✅ Step 1: Define Your Business Structure and Ownership

The first step is choosing the right legal entity and deciding how much foreign ownership you want.

Common Structures:

  • 100% Foreign-Owned LLC

  • Joint Venture with a Vietnamese Partner

  • Representative Office (non-commercial)

🛡 Tip: Some industries restrict foreign ownership. Make sure to check if your sector is on the “conditional list” under Vietnam’s WTO Commitments or investment laws.


✅ Step 2: Choose Your Business Location

Your business address will affect:

  • Jurisdiction of government authority

  • Applicable incentives (e.g., in industrial zones or economic zones)

  • Licensing timelines

📍 Common options:

  • Hanoi

  • Ho Chi Minh City

  • Da Nang

  • Industrial parks or free trade zones


✅ Step 3: Apply for the Investment Registration Certificate (IRC)

The IRC is the government’s official approval for your investment.

Required Documents:

  • Passport or incorporation certificate (legalized)

  • Bank statement proving financial capacity

  • Business plan with clear objectives

  • Office lease agreement in Vietnam

📅 Timeline: 10–15 working days (may vary by location)


✅ Step 4: Apply for the Enterprise Registration Certificate (ERC)

Once the IRC is approved, you can register your company as a legal entity in Vietnam by obtaining the ERC.

Required Documents:

  • Application form

  • Charter (company constitution)

  • Legal representative information

  • Office lease and tax registration details

📅 Timeline: 5–7 working days

📝 The ERC gives your company a tax code and business license number, allowing you to operate officially in Vietnam.


✅ Step 5: Post-Registration Procedures

Many foreign investors forget about these important steps after registration:

You Must:

  • Engrave your company seal

  • Open a Vietnamese bank account

  • Contribute charter capital within 90 days

  • Register for VAT & invoicing system

  • Hire a Chief Accountant or tax agency

  • Register labor and social insurance if hiring employees

🛡 Tip: Missing post-licensing procedures can lead to penalties or even company suspension.


✅ Optional: Apply for Sub-Licenses (If Required)

Some industries require special licenses, such as:

  • Education

  • E-commerce

  • Logistics

  • Food & beverage

  • Real estate

Let our experts help you determine what licenses apply to your business.


🔍 Summary of Company Registration Timeline

Stage Timeline (Est.)
Business planning & preparation 1–2 weeks
IRC application 2–3 weeks
ERC registration 1 week
Post-licensing setup 1–2 weeks
Total Time 5–8 weeks

💡 Why Work With FDIinVietnam.com?

We are a full-service consulting firm specializing in foreign-owned company registration in Vietnam. Our team handles everything — from strategy to setup to ongoing compliance.

Our Services:

  • Legal consultation & business structuring

  • IRC & ERC licensing

  • Office & banking setup

  • Tax & accounting support

  • Ongoing compliance and annual filings

📌 Over 300 foreign investors trust us to launch and grow their companies in Vietnam.


📞 Ready to Set Up Your Company in Vietnam?

👉 [Book a Free Consultation]
👉 [Download Our Full Company Setup Guide (PDF)]
👉 [Get a Custom Quote for Your Business]

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