What is the minimum number of directors required for a Vietnam company?

Under statutory regulations, a Vietnam company requires a minimum of one director.

What is the minimum number of shareholders required for a Vietnam company?

A Vietnam company requires a minimum of two shareholders.

Can my company be 100% foreign-owned?

Yes, a company in Vietnam can be 100% foreign-owned in selected sectors.

Am I required to visit Vietnam to incorporate a company there?

No. One IBC can legally incorporate your Vietnam company without you needing to travel.

What are the problems of setting up a 100% foreign owned company?

A foreign-owned company is prohibited from operating 100% foreign-owned entities for the distribution of imported and domestically-produced goods, investment in the securities businesses, warehouse services and freight transport agency services, and maintenance and repair services of household equipment.

Setting up a foreign company in Vietnam
Cost of starting a business in Vietnam

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Related FAQs

1. Does registration of a Vietnam business differ from registration of a foreign-owned one?
2. Do I need any special licenses over and above the investment registration certificate (IRC) & enterprise registration certificate (ERC)
3. What is the next step after the entity has been registered?
4. How can I get a legal address to register a company?
5. What is the process to register a company in Vietnam?
6. Is a Vietnam company required to submit an annual tax return and/or financial statement?
7. Are shareholder/director details available for public viewing?
8. What is the minimum number of shareholders required for a Vietnam company?
9. Can my company be 100% foreign-owned?
10. What is the minimum number of directors required for a Vietnam company?
11. Am I required to visit Vietnam to incorporate a company there?
12. Will I be able to hold 100 percent ownership of a foreign-owned company?
13. Is there any minimum capital required prior to company registration in Vietnam?
14. What are types of company in Vietnam?
15. I would like to expand my business to Vietnam. Can I set up a company there as a foreigner?
16. What are required to incorporation company in Vietnam With the type of entity Wholly foreign-owned LLC (100% foreign owned company in Vietnam)?
17. What are regulations for setting up a company in Vietnam that foreigners must notable?
18. Setting up company in Vietnam does has to Tax filings?
19. What are the Value Added Tax (VAT) Rates in Vietnam?
20. What are the Vietnam Corporate Income Tax (CIT) rates?
21. What factors should a foreign investor consider in deciding whether to choose a JV (Partly foreign-owned LLC (The Vietnam joint venture company)?
22. What types of Vietnamese legal entities are available?
23. In Order to Carry Out an Investment Project in Vietnam in WFOE or JV Form, must an Investor Set Up a Vietnamese Legal Entity?
24. How do I register a company in Vietnam if I am a foreigner?
25. What are the best banks in Vietnam for foreigners?
26. What are the popular foreign banks in Vietnam?
27. Can a foreigner open a bank account in Vietnam?

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