Business Setup Options in Vietnam

Below is a practical overview of common incorporation paths for foreign investors in Vietnam. Each option highlights typical ownership conditions, indicative timelines, and the compliance items that often slow projects down if not planned early.

The “right” structure is rarely about getting approval only. It is about market-access conditions, licensing layers, and whether the setup can operate smoothly after the IRC/ERC is issued.

SOFTWARE DEVELOPMENT

100% Foreign Ownership Commonly Allowed

💰 From $1,300++ | ⏳ 3–4 Weeks

  • Business address (virtual office is usually workable)
  • Resident legal representative (if applicable)
  • Capital: flexible, sector-dependent

IMPORT / EXPORT TRADING

100% Foreign Ownership Commonly Allowed

💰 From $1,300++ | ⏳ 3–4 Weeks

  • Business address (virtual office is usually workable)
  • Resident legal representative (if applicable)
  • Capital: commonly $10,000 – $50,000

CONSULTING BUSINESS

100% Foreign Ownership Commonly Allowed

💰 From $1,300++ | ⏳ 3–4 Weeks

  • Business address (virtual office is usually workable)
  • Resident legal representative (if applicable)
  • Capital: often flexible ($3,000 – $15,000)

RESTAURANT

100% Foreign Ownership Often Possible

💰 From $2,900++ | ⏳ 3–4 Months

  • Compliant location (fire safety & hygiene)
  • F&B licensing at local level
  • Capital: commonly $12,000–$20,000+
  • Operational licensing phase: 2–3 months

MANUFACTURING COMPANY

100% Foreign Ownership Commonly Allowed

💰 From $1,800++ | ⏳ 3–4 Weeks

  • Location in industrial/production zone
  • Investment project approval required
  • EIA (Environmental Impact Assessment) if triggered
  • Capital: often from $100,000+

E-COMMERCE (Amazon, Shopee, etc.)

100% Foreign Ownership Often Possible

💰 From $2,900++ | ⏳ 4–6 Months

  • Business address (virtual office is usually workable)
  • Resident legal representative (if applicable)
  • E-commerce license: commonly 2–4 months
  • Capital: commonly $20,000 – $50,000

CONSTRUCTION & ARCHITECTURE

100% Foreign Ownership Commonly Allowed

💰 From $2,900++ | ⏳ 4–6 Weeks

  • Business address (virtual office is usually workable)
  • Resident legal representative (if applicable)
  • Corporate ownership structure required
  • Capital: commonly $78,000 – $115,000

RECRUITMENT / HEADHUNT AGENCY

100% Foreign Ownership Often Possible

💰 From $1,800++ | ⏳ 3–4 Months

  • 3-year office lease (compliance expectation)
  • Resident director (HR/business background)
  • Escrow account (approx. $13,600)
  • Operational license: commonly 3–6 months

TRAVEL & TOURISM AGENCY

⚠️ Joint-Venture Commonly Required (up to 99% FDI)

💰 From $1,800++ | ⏳ 3–4 Weeks

  • Business address (virtual office is usually workable)
  • Licensed travel partner
  • Inbound tourism only
  • Licensed tour guide
  • Escrow account (VND 150M)
  • Tourism sub-license: 30–60 days

LOGISTICS COMPANY

⚠️ Ownership Depends on Service Scope

💰 From $1,300 – $2,900++ | ⏳ 1–4 Months

  • Business address (virtual office is usually workable)
  • Resident legal representative (if applicable)
  • Local partner (freight/transportation scope)
  • Capital: commonly $50,000 – $150,000

ADVERTISING & DIGITAL MARKETING

⚠️ Joint-Venture Often Required (up to 99% FDI)

💰 From $1,800++ | ⏳ 3–4 Weeks

  • Business address (virtual office is usually workable)
  • Resident legal representative (if applicable)
  • Local partner (company) required
  • Capital: often flexible ($3,000 – $10,000)

REPRESENTATIVE OFFICE IN VIETNAM

For Foreign Companies Expanding to Vietnam

💰 From $2,000++ | ⏳ 3–4 Weeks

  • Parent company: 1+ year operation, financially stable
  • Audited financial statement or tax report
  • Chief representative with resident status
  • Legalized documents from parent company

Not sure which option fits your business model?

Share your planned activities and ownership structure. We’ll screen market-access conditions, identify licensing triggers, and recommend the most workable setup — with a clear compliance roadmap (not just “incorporation approval”).

Contact Green NRJ