[ English ] Licensing steps for Setting up business in Vietnam

Determine:
• What type of company: LLC, JSC, etc.
• Who is the legal representative, what is ownership (the owner is personal investor or an organization, etc.);
• What the company will do in Vietnam: Business lines of the Company.

Prepare:
• Office rental contract;
• List of supporting documents of the investors (passport, bank balance confirmation, business license of the owner company, etc.);
• Prescribed forms according to Vietnam regulations.
• Registration for Investment Registration Certificate (IRC).
(Submit documents to Department of Planning and Investment)
>>> Timeline: 14-20 working days from the submission date.
• Registration for Enterprise Registration Certificate (ERC).
(Submit documents to the Department of Planning and Investment)
>>> Timeline: 5-10 working days from the submission date.
• Registration for Company Seal.
• Tax & Accounting Initial registration.
>>> Timeline 5-10 working days from the submission date