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Cost of Starting a Business in Vietnam in 2025: The Ultimate Guide to Smart Budgeting

Published by admin at April 29, 2025

Introduction: Vietnam – A Dynamic Business Destination

Vietnam continues to attract investors and entrepreneurs from around the world thanks to its strong economic growth, strategic location, and pro-business policies. However, before starting your venture, understanding the cost of starting a business in Vietnam is crucial for smart budgeting and planning.

At Green NRJ, we specialize in making your company formation process smooth, legal, and hassle-free. In this guide, we will break down all the costs you need to consider—and show you how our expert team can support you.

1. What Factors Affect the Cost of Starting a Business in Vietnam?

The cost to start a company in Vietnam depends on several factors:

Type of company (Limited Liability Company, Joint Stock Company, Representative Office, etc.)
Business sector (some sectors require additional licensing and higher capital)
Charter capital amount
Location (major cities vs. provinces)
Office rental costs
Legal and administrative services

Planning properly around these elements helps avoid hidden costs and unnecessary delays.

2. Detailed Breakdown of Company Formation Costs

2.1. Business Registration and Licensing Fees

Service Type	Estimated Cost (VND)	Equivalent in USD
Business Registration Fee	100,000 – 200,000	4 – 8
Company Seal and Registration	300,000 – 500,000	12 – 20
Public Disclosure Fee	300,000	12
Legalization of Foreign Documents (if needed)	1 – 2 million	40 – 80

At Green NRJ, our company registration package starts from just USD 1,500.
This includes full administrative procedures, legal document preparation, and consulting—everything you need to legally open your company in Vietnam.

2.2. Charter Capital Requirements

Capital requirements in Vietnam depend on the nature of the business. Many service-based businesses have no legal minimum, but certain industries require substantial investment.

Industry	Minimum Capital (approx.)
Real Estate Trading	VND 20 billion (~USD 800,000)
Banking and Finance	VND 300 billion+ (~USD 12 million)
Vocational Training	VND 5 – 10 billion (~USD 200,000 – 400,000)
Software & Consulting	No minimum (VND 100 – 500 million recommended)
Import-Export Services	No minimum (VND 300 – 500 million recommended)
Restaurant & F&B	No minimum (VND 300 – 700 million recommended)

Note: You don’t need to deposit all the charter capital immediately. Most capital can be used later for operating expenses such as rent, salaries, or equipment.

Green NRJ provides strategic advice on how to structure your capital declaration properly and compliantly.

2.3. Office Address Costs

Vietnamese law requires all companies to have a registered business address. This can be a physical office or a virtual office, depending on your business type.

Location	Average Monthly Rent (USD)
Ho Chi Minh City (Center)	500 – 2,000
Hanoi (Center)	400 – 1,800
Other Provinces	150 – 500

Green NRJ also offers virtual office services to help startups and foreign companies minimize costs while remaining fully compliant with Vietnamese regulations.

2.4. Legal, Accounting, and Compliance Costs

After company setup, all businesses must register for taxes and fulfill monthly/quarterly/annual obligations.

Monthly accounting service: USD 100 – 300
Annual financial statement audit (mandatory for FDI companies): USD 1,000 – 3,000
Trademark registration (optional): USD 200 – 400 per class

For more detailed information on tax registration and legal obligations, you can visit the General Department of Taxation Vietnam.

Green NRJ’s post-setup services ensure your company meets all ongoing legal obligations without hassle.

2.5. Staffing Costs

Human resources are among the most flexible and scalable expenses. Vietnam’s workforce is young, educated, and cost-effective compared to neighboring countries.

Position	Average Monthly Salary (USD)
Office Administrator	278 – 546
Accountant	384 – 577
Sales Executive	400 – 800
Manager	800 – 2,000

Many businesses initially hire 1–2 key staff and outsource accounting or HR services.

3. Taxation and Government Contributions

Understanding tax obligations is key when budgeting:

Corporate Income Tax (CIT): 20% (standard rate)
Value-Added Tax (VAT): 10%
Social Insurance Contributions: Approx. 32% of employee gross salary (shared between employer and employee)

Green NRJ provides full tax registration services and post-establishment support to keep your company compliant and penalty-free.

4. Example of Full Setup Budget

Cost Item	Estimated Cost (USD)
Business Registration (with NRJ)	1,500
Charter Capital (for operating expenses)	10,000 – 50,000
Office Rent (3 months upfront)	600 – 3,000
Initial Salaries (3 months)	1,500 – 4,000
Accounting & Legal Setup	800 – 1,500
Marketing and Branding	500 – 2,000
Total Estimated Budget	14,900 – 62,000

Your exact budget will vary depending on your industry, scale, and growth plan.
Contact Green NRJ for a custom quotation suited to your business needs.

5. Why Choose Green NRJ for Company Registration in Vietnam?

✅ Professional Full-Service Company Formation (starting at just USD 1,500)
✅ Fast and Legal Processing: Company setup completed within 20–30 working days.
✅ Transparent Pricing: No hidden costs or surprises.
✅ Expert Legal Advice: In-depth knowledge of Vietnamese business law.
✅ Post-Incorporation Support: Accounting, tax, and compliance made simple.
✅ Multilingual Support: English, Vietnamese, and Chinese-speaking consultants.

Choosing the right partner is the first step to success. With Green NRJ, you focus on growing your business—we handle the rest.

6. Ready to Start Your Business in Vietnam? Let Green NRJ Help!

Whether you’re a small startup or a large multinational corporation, Green NRJ is here to make your business dreams in Vietnam a reality.

👉 Contact us today for a FREE consultation!

Start smart. Start strong. Start with Green NRJ.

Frequently Asked Questions (FAQs)

Q1: How long does it take to open a company in Vietnam?
Typically, it takes 20 to 30 working days from submission of complete documents.

Q2: Can foreigners own 100% of a company in Vietnam?
Yes, in most industries, foreigners can fully own a business without a local partner.

Q3: What is the easiest business type for foreigners to set up?
A 100% foreign-owned Limited Liability Company (LLC) is the most common and simplest form.

Q4: What is the cost of starting a business in Vietnam in 2025?
The cost of starting a business in Vietnam varies based on factors like company type, location, capital, and office rent. On average, it can range from USD 14,900 to USD 62,000 depending on the nature of the business.

Q5: What are the typical company formation costs in Vietnam?
Company formation costs in Vietnam typically include business registration fees, charter capital, office rent, legal and accounting services. A standard company formation package can start at around USD 1,500, with additional costs based on industry-specific requirements.

Q6: How do I prepare my setup budget for starting a business in Vietnam?
A setup budget for starting a business in Vietnam should include key expenses such as business registration, charter capital, office rental, staffing, legal and accounting services, and marketing. It’s essential to plan for both initial setup costs and ongoing operating expenses.

Q7: What factors should be considered when starting a business in Vietnam?
When starting a business in Vietnam, factors to consider include selecting the right business structure, understanding local regulations, calculating the cost of starting a business, securing the necessary licenses, and preparing for ongoing compliance with Vietnamese tax and legal requirements.

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