2. For foreign-invested joint venture company between foreign investors and at least one local Vietnamese partner:​

Timeline to complete:

One month to process all documentation and have finalised for collection.

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Establishing a Company in Vietnam A limited-liability company ( LLC )

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General information:

A limited-liability company is a legal entity established by its members through capital contributions to the company. The capital contribution of each member is treated as equity (charter capital). The members of a limited-liability company are liable for the financial obligations of the limited-liability company to the extent of their capital contributions.

 

The management structure of a limited-liability company consists of a Board of members, a Chairperson of the Board of members, a Director/General Director. Multi-member limited-liability company that has 11 members or more shall establish the Control Board.

 

A limited-liability company established by foreign investors may take the form of either:

  • A 100% foreign-owned company (where all members are foreign investors).
  • A foreign-invested joint venture company between foreign investors and at least one local Vietnamese partner.

 

A limited-liability company must not issue shares to raise capital.

 

Foreign investors are allowed to apply for a long-term multiple entry visa, or a temporary resident card in Vietnam without requiring a work permit.

 

A Foreign director if he/she is not an owner/member of a limited-liability company, he/she will require a work permit and must have at least 2-3 years working experience in a management position.

 

Director/General Director of a limited-liability company must reside in Vietnam, if he/she is away for longer than 30 calendar days then he/she must appoint one authorized representative for the absence duration.

1. For 100% foreign own company, in which all members are foreign investors:

 

 

Documents required:

1. For 100% foreign own company, in which all members are foreign investors:

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