Vietnam Company Registration

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Service

Vietnam Company Registration

Regulator

● Business registration offices.

Type of Companies

● Limited liability companies, which may take the form of a single- member limited liability company (“SLLC”) or multi-member limited liability company (“MLLC”)
● Joint stock company (“JSC”).

Share Capital

In Vietnam, share capital means charter or legal capital. Generally, there is no minimum charter capital, though the laws of Vietnam may require a minimum amount of legal capital in certain conditional businesses (e.g. real estate business companies must have a charter capital of not less than VND20 billion, which is approximately USD88 million).

Upon establishment, enterprises must contribute capital within 90 days from the date of issuance of the enterprise registration certificate.

Foreign Ownership Restriction

Foreign investors may own 100% of the charter capital of an economic organisation except in cases where foreign ownership is limited (e.g. audiovisual services, electronic gaming businesses, entertainment services, etc.).

Directors

JSCs must have 3 – 11 members on the Board of Management. Members of the Board of Management have the specific duty of declaring their related interests to the company.

There are no restrictions or prohibitions on foreign directors.

Others Business Entities

● Partnerships
● Cooperatives
● Branch
● Private companies.