Foreign investment · IRC and ERC procedures
Vietnam — Company formation (LLC / JSC)
Limited liability or joint-stock company; project-specific route BDA acts as intermediary and coordinator: the filing itself is made by an independent licensed provider, agent or notary, and BDA is not that provider, a law firm or a tax adviser. Tax advice, where needed, is a separate service from independent tax specialists. BDA coordinates the formation route and subsequent administration with independent professional providers. The activity, ownership and local operating model are assessed before a written scope is agreed.
Overview
LLC / JSC
Limited liability or joint-stock company; project-specific route Entity choice is confirmed against the ownership and intended activity; capital contributions are separate from service fees.
Good fit for
- Vietnamese formation with separate investment and enterprise certificates.
- A local operating company or subsidiary with a documented commercial purpose
Limitations to plan for
- Project location and scale affect the competent authority and approvals
- Registered address is quoted separately
- Management location, owner tax residence and operations abroad may create tax and reporting obligations outside the place of incorporation. No tax rate or exemption is assumed.
Banking
Banking application assistance is optional and separately quoted. Banks assess the owners, beneficial owners, activity, source of funds and local connection independently. Incorporation does not guarantee an account or remote identification.
Package and price
An independent licensed provider files the company; BDA coordinates. Final inclusions are confirmed in the written offer after KYC.
Price on request — Vietnam
Discuss on WhatsAppForeign-owned companies usually need an Investment Registration Certificate (IRC) before the Enterprise Registration Certificate (ERC); conditions depend on the sector.
Usually part of formation
- Investment Registration Certificate (IRC), where foreign investment requires it
- Enterprise Registration Certificate (ERC)
- Proof of a head-office address in Vietnam for the application, and a capital account
Optional, quoted separately
- Sector sub-licences, where the activity requires them
- Bookkeeping and accounting
- Bank-account application support (KYC and application, no guaranteed approval)
Every year
- Audited financial statements and tax finalisation
- Monthly or quarterly tax filings
- Office address or lease renewal
Enterprise Registration Certificate and tax/e-invoice setup. Plan ongoing registry updates and accounts alongside the local filing route described above. No confirmed annual package or renewal price is published. Request a budget separating address and local personnel, registry filings, accounts, tax compliance and any activity licence. Charges depend on transactions and the actual operating model.
The application needs documented office premises. Whether a lease or address service is provided within the package, and any sector licences, is confirmed in the written offer.
Corporate services after formationSteps and documents
How formation runs
- 01
Screen activity and foreign-investment conditions
- 02
Investment Registration Certificate where required
- 03
Enterprise Registration Certificate and tax/e-invoice setup
Documents and requirements
- Passport and proof of address for every owner, director and beneficial owner
- Short CV or business background
- Description of the activity, countries and expected flows
- Evidence of source of funds
Separate scope · not included by default
Optional corporate services
Nominee director
An appointed director serves on the company's governing body and has real statutory and fiduciary responsibilities. This is not simply a name on a register: decision-making powers, signing authority and reporting duties must be agreed lawfully.
Availability and price on request
Nominee shareholder
A nominee shareholder holds registered legal title to shares for an identified beneficial owner under a lawful, documented arrangement. Voting, dividends, instructions and transfer rights must be defined; this is a different role from a director.
Availability and price on request
Beneficial-owner identification and bank/registered-agent KYC still apply. Nominee arrangements do not guarantee anonymity, an account, residence or a tax result. Availability, approvals and duties depend on local law and the provider's acceptance; some arrangements are unavailable or prohibited.
Banking application assistance
Business profile, ownership documents and application coordination. The bank makes its own decision; opening fees and ongoing bank charges are separate.
Registered office & company administration
Address, agent or secretary arrangements where required, corporate amendments and annual compliance coordination. The quote must state each service and period covered.
Incorporation is the easy part.
Most structures run into trouble later — at the bank, or with tax authorities. We plan for these from day one.
The bank says no
A company without a clear activity, substance or source-of-funds story is hard to bank. The account route is assessed before incorporation, not after.
Tax residence follows management
Where a company is managed and where its owners live can matter more than where it is registered. This is reviewed with qualified tax advisers.
Permanent establishment
Staff, offices or decision-making in another country can create a taxable presence there. The operating model is mapped early.
Automatic exchange of information
Under CRS and FATCA, account information is shared between many countries. Structures are designed to be transparent and compliant.
Questions
Which company type is used in Vietnam?
LLC / JSC: Limited liability or joint-stock company; project-specific route Entity choice is confirmed against the ownership and intended activity; capital contributions are separate from service fees.
Can a Vietnam company open a bank account?
Banking application assistance is optional and separately quoted. Banks assess the owners, beneficial owners, activity, source of funds and local connection independently. Incorporation does not guarantee an account or remote identification. Banks decide independently. We prepare the application and explain likely options; no account is guaranteed.
Is the local tax rate my total tax?
No. Where the company is managed, where income arises, reporting rules and the owners’ own tax residence can create tax elsewhere. A qualified tax adviser reviews this before incorporation.
Is the starting price final?
No. It covers the simplest eligible case. Government fees, annual charges, VAT and third-party costs are confirmed in a written scope before payment.
Low or zero local tax is conditional
A local rate is not your total tax. Where the company is managed, where income arises, reporting rules and the owners’ own tax residence can create tax elsewhere. Your position is reviewed with a qualified tax adviser before incorporation.
Who files the company and how long does it take?
An independent local registered agent or corporate service provider, where required and suitably qualified. BDA coordinates. Timeline: Given after KYC review; depends on the registry and the provider.
Can ownership stay anonymous?
No. Beneficial owners are identified to providers and banks, and to registries where the law requires. Nominee services, where lawful, do not replace this disclosure.
Can a nominee replace beneficial-owner disclosure?
No. The director and shareholder roles are separate legal appointments. Beneficial owners must still be identified for applicable registry, agent and bank checks. Neither service is automatically available or included in formation.
Discuss a Vietnam company
Tell us the activity, owners and where you live. We reply with a first view and the next step.