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Cost of Starting a Business in Vietnam in 2025
How to Establish a Trading Company in Vietnam (Full Guide)
April 29, 2025
Table of Contents
- Introduction: Vietnam – A Dynamic Business Destination
- 1. What Factors Affect the Cost of Starting a Business in Vietnam?
- 2. Detailed Breakdown of Company Formation Costs
- 3. Taxation and Government Contributions
- 4. Example of Full Setup Budget
- 5. Why Choose Green NRJ for Company Registration in Vietnam?
- 6. Ready to Start Your Business in Vietnam? Let Green NRJ Help!
- Frequently Asked Questions (FAQs)
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
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?
A: Typically, it takes 20 to 30 working days from submission of complete documents.
Q2: Can foreigners own 100% of a company in Vietnam?
A: 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: A 100% foreign-owned Limited Liability Company (LLC) is the most common and simplest form.
Related Articles:
- How to Start a Business in Vietnam: A Complete Guide for 2025
- Establishing a Representative Office in Vietnam: A Step-by-Step Guide for Foreign Companies
- How to Establish a Consulting Business in Vietnam – A Legal and Practical Guide (2025)
- How to Set Up a Construction Company in Vietnam (2025)
- How to Establish a Headhunting Company in Vietnam: A Complete Guide for Foreign Investors
