Starting a business in Vietnam?

A comprehensive guide for new business owners and foreign investors who are planning to set up businesses in Vietnam.

Here, we also covers other aspects that are important and essential for business owners to know ranging from Vietnam tax laws to visa/e-visa.

Type of Business Structures

Selecting the right structure depends on your business goals and the level of investment required.

All you need to know about Vietnam Tax

Learn more about the tax obligations for foreign businesses.

Visa/E-Visa in Vietnam and how to apply?

Learn more about visa requirements and how to apply.

Type of business licenses in Vietnam

Know which business licenses are required when setting up a business, especially for first-timers.

Need in-depth advices on your first overseas investment?

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Vietnam’s market is attractive due to its strategic location, young workforce, and supportive government policies, therefore, has emerged as a dynamic market for foreign business owners. With a growing economy and favorable investment conditions, many are considering setting up businesses in Vietnam. However, entering a new market requires understanding the types of businesses in Vietnam, the associated costs, and Vietnam business laws.

This guide provides essential information on doing business in Vietnam, covering everything from starting a business to navigating Vietnam business laws. Understanding the local market and regulations will help you make informed decisions and thrive in this expanding economy. We’ll explore these topics, along with industry insights for Vietnam and market trends in Vietnam, to give you a solid foundation.

Doing Business in Vietnam: Your Practical Guide

Type of Business Structures
Company Setup Process and Requirements
Capital Requirements for Different Business Types
Business Licensing and Compliance
Corporate Taxation in Vietnam
Choosing the Right Business Location in Vietnam
Vietnam Business Laws and Regulations
Employment and HR Regulations
Common Challenges for Foreign Business Owners
Support Services and Resources for Foreign Companies

1. Types of Business Structures

Understanding the types of business structures available is crucial before starting a business in Vietnam. Foreign investors can establish various types of companies, such as:

Limited Liability Companies (LLCs): Commonly chosen for small and medium-sized enterprises.
Joint Stock Companies (JSCs): Suitable for larger businesses requiring multiple shareholders.
Representative Offices: Ideal for foreign companies looking to study the Vietnam market before a full launch.

Selecting the right structure depends on your business goals. Click here to read more.

2. Company Setup Process and Requirements

Covers the step-by-step process of establishing a business in Vietnam, from obtaining the necessary licenses to registering the company. It provides clarity on required documentation, timelines, and key procedures for successful business incorporation.

Starting a business in Vietnam? Learn more about the step by step process >>

3. Capital Requirements for Different Business Types

Overview of the minimum capital requirements based on industry type and business structure. Helps potential investors understand the financial commitments needed for establishing a business in Vietnam.

4. Business Licensing and Compliance

Details the legal requirements for operating in Vietnam, including annual tax filings, license renewals, and compliance with employment laws. Readers will learn about the ongoing responsibilities to maintain compliance.

Learn more legal requirements and compliances (Coming Soon!)

5. Corporate Taxation in Vietnam

Provides an outline of the tax obligations for foreign businesses, such as corporate income tax, VAT, and tax incentives. Gain insight into effective tax planning and compliance.

Learn more about Vietnam Tax (Coming Soon!)

6. Choosing the Right Business Location in Vietnam

Discusses the factors to consider when selecting a business location, including access to resources, market opportunities, and local government support. Help investors in choosing the ideal city or province for their business.

Have a location in mind but not sure if it is the right one? (Coming Soon!)

7. Vietnam Business Laws and Regulations

Explores the key legal considerations for foreign investors, such as ownership restrictions and industry-specific regulations. This section provides an understanding of the legal environment to ensure smooth operations.

8. Employment and HR Regulations

We cover labor laws, employment contracts, work permits, and hiring requirements for local and foreign employees. Learn about the HR regulations needed to comply with Vietnamese labor policies.

All you need to know related to Vietnam’s labor market (Coming Soon!)

9. Common Challenges for Businesses in Vietnam

Discusses the potential hurdles like cultural differences, legal complexities, and navigating the regulatory environment. Readers will find strategies to overcome these challenges and succeed in Vietnam’s business landscape.

We share top 10 common challenges faced by business owners (Coming Soon!)

10. Support Services and Resources for Foreign Companies

Highlights the importance of leveraging business support services, such as consulting firms, legal advisors, and government agencies. This section provides resources to facilitate business establishment and growth.

Know more about the available support and resources (Coming Soon!)