Legal entity types in Vietnam compared
We are experts in helping entrepreneurs like yourself understand the complexities of Vietnam’s business frameworks. We offer a range of services to help you select the best structure for your business and ensure that you meet all legal obligations. Let’s examine the different business structures in Vietnam together and discuss how we can support you in establishing your business in this thriving Asian country.
Legal entities in Vietnam
Here is a summary of the most commonly used legal structures in Vietnam:
| Entity | Local name | Min. share capital | Management | Incorporation time (approx.) |
|---|---|---|---|---|
| Limited Liability Company | Công Ty Trách Nhiệm Hữu Hạn | $ 0 | Directors | 10 days |
| Joint Stock Company | Công Ty Cổ Phần | $ 0 | Board of directors | 15 days |
| Branch Office | – | – | Branch manager | 15 days |
| Holding Company | – | – | Board of directors | 10 days |
Limited Liability Company (Công Ty Trách Nhiệm Hữu Hạn)
The Limited Liability Company is a popular business model in Vietnam that gives its owners limited liability protection. It is favored by entrepreneurs due to its adaptable management and capital requirements. Our team is available to assist you in establishing your own Limited Liability Company in Vietnam.
Joint Stock Company (Công Ty Cổ Phần)
The Joint Stock Company is commonly selected by larger businesses in Vietnam. Its capacity to raise funds via public offerings and freedom in transferring shares provide notable benefits. Our team is available to help you with the registration of your Joint Stock Company in Vietnam.
Branch Office
Setting up a branch office in Vietnam is beneficial for companies seeking to expand without creating a new legal entity. The branch office, an extension of the parent company, allows businesses to operate in a different location while maintaining their original legal identity. This setup enables companies to utilize their existing brand reputation and resources while accessing new markets. We provide thorough assistance in establishing and overseeing a branch office in Vietnam, ensuring a seamless and compliant entry into the market.
Holding Company
A holding company, frequently used to control other companies by owning their shares, offers several advantages in Vietnam, including centralized management, risk diversification, and tax benefits. Structuring your business as a holding company can help you efficiently manage multiple subsidiaries, streamline decision-making, and optimize tax planning. Our team of experts can provide personalized support to assist you in establishing and running a holding company in Vietnam, ensuring adherence to regulations and maximizing your corporate structure’s potential.
Requirements for starting the business
Let’s examine the necessary criteria for initiating any form of business establishment in Vietnam and how our committed team assists you through the entire process.
Minimum share capital
Vietnam has specific minimum share capital requirements depending on the business structure you choose. Our team will help you figure out the minimum share capital required for setting up your business, no matter what type of corporation you are opting for. We will work together with you to make sure you meet all the regulations while making the most of your financial resources.
Directors and shareholders
In Vietnam, it is necessary for every business to have directors and shareholders appointed. Our experts provide valuable guidance in selecting appropriate directors so that the company can benefit from their expertise and align with your future goals.
Legal duties and obedience
It is essential to stay updated on obligations such as registration, reporting, and tax requirements. Our legal team handles administrative tasks to ensure that the business remains fully compliant, allowing you to concentrate on core operations without worrying about paperwork.
Book a consultation
The team dedicates the necessary time to comprehend your objectives, sector, and obstacles, allowing us to offer tailored support during the process of forming your business. Our experience and commitment to exceptional service ensure a smooth and trouble-free path towards establishing a successful company in Vietnam. Do not let the challenges of setting up a business in Vietnam hinder your success. Trust in us and we will work together to help your company reach its full potential. Start your path to success by reaching out to us today. Simply complete and submit the inquiry form below and our experts will reach out to you.