Vietnam
About Business in Vietnam
The 'Factory of Asia' with a young workforce and stable growth (GDP ~7%). ASEAN member with CPTPP, EVFTA agreements facilitating trade with the West and Southeast Asia. Taxes: standard corporate rate 20%, but for preferential projects (hi-tech, infrastructure) reduced to 10% long-term, plus extended VAT and customs duty exemptions (full exemption up to 5 years on certain equipment). Restrictions: foreign capital limited in some sectors (agriculture, telecom, postal), registration and accounting procedures more complex than typical offshore jurisdictions.
Why Choose Vietnam?
Stable Jurisdiction
Onshore developing jurisdiction with clear regulatory framework
Full Ownership
100% foreign ownership allowed for most business types
Crypto Friendly
Progressive regulations for digital assets and blockchain
Remote Setup
Complete registration process without visiting the country
Tax Structure
Crypto & Digital Assets
Trading allowed as assets until 2026, payments not recognized as legal (new law prohibits payment use). No exchanges yet (awaiting regulation). Banks prohibited from crypto.
Banking Options
Available after FDI registration
With visa and status
Legal & Compliance
Substance Requirements
Office, staff, reporting required
Double Tax Treaty Network
Developing
Ideal For
Manufacturing, outsourcing, export
Ownership Structure
100% foreign ownership allowed in most sectors. Conditionally open sectors (advertising, logistics, education) have limits or require special approval. Real estate: foreigners can own apartments max 50 years, cannot own land directly.
Reputation & Considerations
Asia's factory, medium risks
Available Services
What's Included in Basic Registration
- Company registration with local authorities
- Business license
- Company seal/stamp
- Certificate of incorporation
- Basic compliance setup
Registration Process
Ready to Start Your Business in Vietnam?
We'll connect you with trusted local partners to handle every step of the registration process. Starting from just $3,000.
Quick Facts
- Processing Time 5-6 weeks
- Corporate Tax 20%
- Foreign Ownership 100% Allowed
- Remote Registration Yes
- Crypto Allowed
- Jurisdiction Onshore developing
- Remote Bank Account No
- Visa for Banking Required
Have Questions?
Our team can help answer your questions about company registration in Vietnam
Contact Us