Start a business in Vietnam
Vietnam is renowned for its favorable economic environment and friendly setting for business owners, presenting numerous chances to achieve your goals. Our firm is dedicated to supporting you at every step, offering expert guidance and help to ensure your business launch is seamless and successful.
Steps and solutions
Our systematic approach simplifies the process of starting a business in Vietnam. We provide tailored solutions that accelerate the journey to success, covering everything from selecting the most suitable corporate structure to providing comprehensive support with registration, licensing, banking, and additional services.
Determine business activities
A key step in launching a business is identifying its activities. This involves specifying the main functions, services, or products the company plans to provide or participate in. Clearly describing these activities is vital, not just for legal reasons, but also for creating a distinct identity for the business. We offer support in starting businesses across various industries, including but not limited to:
- Aviation
- Bank
- Blockchain
- Business support
- Cars and vehicles
- Construction
- Consulting
- Distribution
- DIY retail
- Education
- Electronics retail
- Energy
- Farming
- Finance
- Fitness
- Food and beverage retail
- Freight and package transportation
- Healthcare
- Hotels and motels
- Information technology
- Laboratory
- Logistics
- Manufacturing
- Marketing
- Media
- Minerals
- Printing
- Publishing
- Real-estate
- Restaurant
- Tourism and travel
Choosing the right legal entity type
Choosing the appropriate legal entity structure is the first step in setting up your business. There are several options to consider, such as Limited Liability Company (Cty TNHH), Joint Stock Company (Cty CP), Branch Office, and Holding Company in Vietnam. Each of these entity types has unique consequences related to liability, tax responsibilities, and operational flexibility. It is essential to seek legal advice and perform comprehensive research to identify the framework that best fits your company’s objectives.
Conducting thorough market research
The experts will assist you in conducting thorough market research and provide invaluable information about consumer preferences, market trends, and competition analysis. With this knowledge, you will be able to create a strong business plan and position yourself strategically in the industry.
Setup legal address
The knowledgeable team will guide you through the licensing requirements, clarify the necessary permits, and assist you with the application process. We will ensure that you secure all the required licenses.
Applying for required licenses
The knowledgeable team will guide you through the licensing requirements, clarify the necessary permits, and assist you with the application process. We will ensure that you acquire all the essential licenses.
Opening a business bank account
The team will assist you in selecting a reliable bank and will guide you through the steps of opening an account. We will support you with the necessary documentation, manage communication with the bank for you, and ensure that your corporate account is tailored to fit your specific needs.
Registering your business
The experienced team will assist you with every aspect of the registration process, including the preparation and submission of required documents. We will streamline the registration process to conserve your time and effort, allowing you to focus on growing your business.
Setting up accounting
The experts will assist you in setting up efficient accounting systems and processes, making sure you keep accurate financial records and comply with accounting standards. We will guide you in managing your corporate finances effectively, covering everything from bookkeeping to the preparation of financial statements.
Business landscape in Vietnam
Vietnam boasts a developing economy and presents opportunities in manufacturing, technology, and services for businesses seeking prospects in a vibrant and changing market. Its youthful and skilled labor force, strategic position in Southeast Asia, along with government efforts to encourage investment and growth, provide many benefits for companies aiming to establish a foothold in the area.
Start a business with us
Our team is completely ready to assist you at every stage of starting a business in Vietnam. When you’re ready to begin, contact us using the form below to find out more and schedule a consultation. Let us serve as your reliable advisors as you explore the remarkable opportunities in Vietnam, turning your entrepreneurial goals into real achievements.