[ English ] Licensing steps for Setting up business in Vietnam

Determine:
• Type of company: LLC, JSC, etc.
• Legal representative and ownership details (whether the owner is an individual investor or an organization).
• Business activities of the company in Vietnam.

Prepare:
• Office lease contract.
• List of supporting documents from investors (passport, bank balance confirmation, business license of the owner company, etc.).
• Required forms as prescribed by Vietnamese regulations.
• Application for Investment Registration Certificate (IRC).
Timeline: 14–20 working days from the submission date.

• Application for Enterprise Registration Certificate (ERC).
Timeline: 5–10 working days from the submission date.

• Initial tax and accounting registration.
Timeline: 5–10 working days from the submission date.