Easy to Establish, Manage & Operate in Vietnam.
We not only advise on investment procedures for foreign investors in Vietnam, but also advise on operating a foreign-invested business in Vietnam, helping you figure out where to start and how. How to achieve success in Vietnam?
Why choose us?
Vietnam is a market full of potential, but navigating the complex legal system requires more than just filling out forms. With 22 years of experience, we help you not only enter the market but also position your business in the right direction from the start.
In-depth & personalized
Dedicated support tailored to your needs. We prioritize your specific business needs and provide one-on-one support to keep your business running smoothly and efficiently.
Efficient & Comprehensive
With the support of our experts, the investment process, from preparing documents to carrying out procedures, is carried out quickly, accurately and most effectively. We also provide in-depth advice on tax, finance and accounting for the project to help you have a comprehensive view.
Deep local knowledge
Our team of experts has in-depth understanding of the legal system and business environment in Vietnam, helping you to orient yourself correctly and comply firmly with regulations.
foreign investment license
Services & Solutions
Complete solution for investment & business
"We provide a comprehensive view of investing, far beyond a mere IRC"
1.1 Consulting on investment forms and investment conditions
We will advise you thoroughly on investment forms and investment conditions for foreign investors to invest in Vietnam, they include:
- (1) – Indirect investment in Vietnam: Buy shares, contributed capital of an existing Vietnamese enterprise, only apply for a Certificate of Approval for the sale of capital to foreign investors without applying for a registration certificate. Sign the investment (Apply for a foreign investment license allowing foreign investors to buy capital contributions from Vietnamese enterprises (In this case, there is no IRC).
- (2) – Direct investment in Vietnam: Investment under an investment project that applies for an Investment Registration Certificate (Apply for an “investment license, the official term is an application for an Investment Registration Certificate”. investment – Investment Registration Certificate – IRC) and establish a foreign-invested enterprise (The official term is to apply for an Enterprise Registration Certificate – ERC).
- (3) – Change the type of investment from less than 51% foreign owned capital to more than 51% foreign owned capital (Transition to apply investment conditions to foreign countries), and vice versa (Transfer to foreign ownership). to apply investment conditions like domestic investors in Vietnam).
- (4) – Consulting on requesting extension of investment registration certificate for investment projects until the investment expiration date.
1.2 Consulting on Industry, profession and market access conditions for foreign investors (WTO)
Consulting on the following issues related to business lines and business conditions For industries and professions with conditional market access:
- Consulting conditions, how to meet the conditions and how to prove foreign investors meet the investment conditions in Vietnam.
- Consulting on professional capacity conditions according to specific industries: Conditions for practicing certificates (Director or manager).
- Consultancy on conditions of facilities and operation: Facilities; Security; Fire protection; Food safety and hygiene.
- Consulting retail business license for the case of investment projects with retail or opening a second retail point outside the head office (2st retail point)
1.3 Consulting on conditions and choosing investment capital level
Consulting on compliance with regulations on the ratio of charter capital ownership of foreign investors in economic organizations, including:
- Consulting the level of capital ownership of foreign investors in accordance with the law for each industry;
- Analyze the advantages and disadvantages of each capital structure that foreign investors choose.
Furthermore, we advise on actual operating capital needs, including:
- Consultancy on appropriate charter capital for each industry.
- Legal capital consulting (Real estate, protection, finance...).
- Investment Capital Consulting – Working capital is the amount of capital that you really need when starting your business.
In case the investment project has a foreign loan plan, or you plan to use foreign loans, we provide foreign loan advice, including:
- Conditions for short, medium and long-term foreign loans;
- The maximum rate that can be borrowed from abroad in the total investment project;
- Problems arising when borrowing abroad;
- Presentation of investment projects when having foreign loans.
1.4 Consulting on investment project preparation and presentation
Expertis has extensive experience in preparing investment projects for investment purposes, including the purpose of applying for an investment registration certificate (ERC). We will advise and support you a lot in the following needs about investment projects:
- Make an investment project based on your business estimate.
- Present the investment project to relevant parties such as: Investment licensing agency, board of directors.
- Investment projects shall be submitted to the State Bank of Vietnam (SBV) in case the project has foreign loans.
1.5 Tax and financial consulting applicable to investment projects
Consulting Financial, tax, and labor policies that are expected to apply to established businesses:
- Tax policy for business activities about to be established.
- The state's preferential policies for the field of operation of enterprises, conditions for enjoyment.
- Requirements on business management, finance, accounting, auditing, statistics.
- Labor policy, employment, social insurance, health insurance, unemployment insurance.
" Closely linked to the licensed scope in IRC "
2.1 Consulting on thorough preparation when establishing a business
The preparatory consulting phase is an important stage for customers to prepare an effective company establishment plan, avoiding problems later.
At this stage, our service provides detailed support and advice on matters necessary to establish a business, these include:
- Conditions for individuals and organizations to establish businesses.
- What type of business should be established?
- Guide to choosing registered business lines
- Guide to naming companies, business names
- Consultancy on registration of charter capital
- Understand and choose the legal representative of the business
Regulations on the seal of the enterprise - Procedures for registering a business establishment
- Things to do after starting a business
2.2 Carry out business establishment procedures
With the expertise and experience of our team of consultants, customers can rest assured and trust that their business establishment process will be completed professionally and efficiently. . We will perform tasks including:
- Drafting profile Establishment of a business: We will proceed to compile a set of company incorporation documents based on the information you have registered. This document includes drafting the company's charter
- Submit an application for a Business Registration Certificate: The customer checks the information in the file, signs it for certification and attaches the necessary documents, state fees and expenses for making the Enterprise Seal. Other fees, if any, shall be paid according to the invoices of the state agencies collecting fees.
- Receive business registration certificate After 5 working days (from the time of submitting the application, excluding additional time required due to certain industries or specific locations of operation), customers will receive a Business License.
" Ready to go. Smooth & compliant "
3.1 Initial post-establishment registrations
After obtaining the business registration certificate, it is very important to carry out the procedures related to the business activities of the enterprise to ensure the smooth and legal operation of the enterprise.
We provide consulting services and support to carry out the following procedures after obtaining a business registration certificate, including:
- Register to engrave the Company's seal
- Post company establishment statement on National Enterprise portal
- Make capital contribution documents, register of members and shareholders of the company (depending on the type of business)
- Support connecting with banks to open bank accounts for businesses
- Detailed instructions on first-time tax declaration for businesses to the Tax Office
3.2 Charter capital contribution
After registering to establish a company in Vietnam, foreign investors must fulfill their obligation to contribute charter capital within the time limit prescribed by law. The company's investment capital includes charter capital and loan capital, of which charter capital is an important requirement that must be fully contributed within 90 days from the date of issuance of the Investment Registration Certificate (IRC) or within the time limit approved by the IRC.
1. Open a Direct Investment Capital Account (DICA)
Before making any capital contribution, the company must open a Direct Investment Capital Account (DICA) at a licensed commercial bank in Vietnam. This account is required to receive capital contributions from foreign investors and manage capital transactions.
→ Main requirements to open DICA:
- The company must have a valid Investment Registration Certificate (IRC).
- The account must be in foreign currency if the capital is contributed in foreign currency.
- All contributions must be transferred through this account to comply with foreign exchange regulations.
2. Transfer of charter capital on time and in compliance
After establishing DICA, investors must transfer charter capital according to the following regulations:
→ Deadline:
- The charter capital must be fully contributed within 90 days from the date of issuance of the IRC or within the time frame approved by the IRC.
- If capital contribution is delayed, the company must notify the investment registration authority and may need to adjust the charter capital.
→ Acceptable methods of capital contribution:
- Bank transfer from abroad (for foreign investors).
- Transfer from personal bank account (for individual investors).
- Contribute capital with assets (requires valuation and appropriate documentation).
→ Compliance:
- All transactions must be traceable and properly documented through DICA.
- Any changes in charter capital or capital contribution timeline must be reported to the Department of Planning and Investment (DPI).
- Failure to comply may result in penalties or revocation of business license.
3. Important note for investors
- Foreign investors must transfer funds from their personal foreign bank accounts into DICA.
- Avoid using informal channels (e.g. direct transfers to an operating account), as this may lead to compliance issues.
- If the capital is not fully contributed within the approved time frame, the investor must adjust the capital contribution timeline or reduce the registered capital accordingly.
"Always grasp, always comply"
After successfully registering a company in Vietnam, foreign investors may need to obtain additional licenses or meet legal requirements based on their business activities. Below are the main sub-licenses and compliance steps required for businesses operating in the retail and e-commerce sectors:
→ Retail business license
Required for foreign direct investment (FDI) companies engaged in direct retail to consumers in Vietnam.
→ License to establish a retail establishment
Required if an FDI company opens a retail store or physical outlet, whether at its headquarters or a separate location.
→ E-commerce license
Required for companies operating an e-commerce platform (marketplace) that connects buyers and sellers.
→ Notification of e-commerce website (Notification of sales website to the Ministry of Industry and Trade)
Required if a business sells products/services through its own website (not a marketplace).
Choose the best structure for your business
Joint Stock Company
Ideal for investors (Vietnamese and Foreign) who require a complex company structure.
- At least 3 shareholders
- Can do any business in accordance with the law
- Tight but complex management structure
- Request Board of Directors
1 week for 100% Vietnamese capital
4-6 weeks for FDI
Founded time
Co., Ltd
The most common structure for investors (Vietnamese and Foreign) to set up operations in Vietnam.
- Only need 1 or 2 members
- Can do any business in accordance with the law
- Simple management structure
- Request a legal representative
1 week for 100% Vietnamese capital
4-6 weeks for FDI
Founded time
Representative offices of foreign countries
Ideal for foreign companies who want to research and understand the market in Vietnam.
- There are no capital contributors
- Not doing business, just working as a liaison office for market research
- Simple management structure
- Ask the Chief Representative
4-6 weeks
Founded time
Not sure which structure is right for you?
Schedule a free 30-minute consultation with us and let our experts help choose the best structure for your business. We can advise you on everything from capital investment, full foreign ownership to shareholder requirements, etc.
Investment License
Do you feel insecure when investing in Vietnam?
Tell us about any concerns you have
We always accompany and support to solve problems to help you successfully invest in Vietnam, build and manage a successful foreign-invested business!
Foreign investment
Comprehensive and effective management of foreign-invested enterprises

- Tax accounting
Maintain compliance with legal requirements with accounting services. Reduce your tax burden and make sure you pay your taxes on time to avoid penalties.
- Payroll
Make your salary management and social insurance compliance easier with the help of our experienced payroll and labor experts.
- In-depth tax advice
Our years of experience in tax consulting and local relations will help you solve your business tax concerns in the best way.
Bonus services
We can provide accounting and tax services on our own accounting software (Misa, Fast, Bravo ...) or the company's own ERP according to needs...
We will accept the request to issue an invoice approved by the company's competent authority. We will review the information provided and invoice accordingly. A suitable process and timeline can be discussed and agreed upon with the company to meet your specific needs.
We provide additional services for transfer pricing compliance purposes, these include:
- Regular consultation (monthly, quarterly) for your company on associated transactions and the records and information that need to be prepared and kept.
- Prepare annual associated transaction report.
There are 2 forms of implementation and charging: monthly monitoring or 1 time yearly contract.
All foreign-owned companies in Vietnam are required to submit investment statements to the investment management agency, these include:
- Report on implementation of investment projects (Status report) quarterly and annually.
- Investment monitoring and evaluation report every 6 months.
We can assist the company in preparing and submitting these reports.
Companies with loans (regardless of short-term or medium/long-term) from abroad (borrowing from organizations, parent companies or individuals, owners) must report on the implementation of foreign loans. and send it to the State Bank of Vietnam quarterly.
We can assist the company in meeting these obligations as they arise.
We can provide accounting and tax services on foreign software such as SAP, Quickbook, Freshbook, Xero…
In case the company uses a foreign software system that does not fully meet the requirements of VAS, we support the service of converting data from foreign software to Vietnamese accounting standards (VAS).
We appoint a specialist or team to correct and complete your company's accounting records if corrective action is needed or you find that your accounting numbers are unreliable.
- We have the ability to provide a large team to restore records in quick time if needed.
- We provide IFRS consolidated financial reporting reporting services.
- We support the implementation of Group - Corporate reporting for clients who are members of multinational corporations.
Internal financial policies are necessary for enterprises to systematize and facilitate effective financial and accounting activities. It often involves managing internal expenses or employee benefits for the company.
We will assist in the development of an Internal Financial Policy that meets and balances the requirements of current Vietnamese laws, the company's owners, and is consistent with the company's actual operations. How to do the overview includes:
- A draft Internal Financial Policy will be drawn up based on discussions with clients to understand the company's requirements and operations and agree on key terms/regulations.
- The draft will be sent to the client for review.
- After editing and commenting, it will be finalized and released for use.
- Update every year if needed
This service is charged on a per-contract basis.
When the quality of the financial and accounting management system becomes a great influence on the efficient operation of your company, the risk of errors occurring frequently, or costing you too much time to manage, That's when you should build a compatible accounting and financial management system for your company.
Services of building financial and accounting management systems will include:
- Develop and implement financial and accounting management processes.
- Consulting and equipping accounting software.
- Recruit and guide the personnel in charge of your company to carry out the process.
The service of developing financial and accounting management processes is performed in the form of a one-time contract. View service details
investment registration certificate
FAQ
Top Q&A
Required documents for applying for an investment license in Vietnam are as follows:
1. PROOF OF LEGAL STUDY OF INVESTORS
a. Requirements for individual investors:
– Copy of legal passport (It is a legal true copy and certified according to the consular legalization procedure in case of copies abroad).
If the copy is in Vietnam, there is no need to carry out the consular legalization procedure.
b. Requirements for investors who are foreign enterprises:
– A true copy of the business license according to the laws of the investor country – Business license or other names (It is a legal copy and certified according to the consular legalization procedure).
- A true copy of the company's charter according to the laws of the investor's country (A legal copy and certified according to the consular legalization procedure).
– Power of attorney, appointment for the representative of the enterprise in Vietnam (Original or a legal copy and certified according to the consular legalization procedure).
– A copy of the authorized person's legal passport (It is a legal true copy and certified according to the consular legalization procedure in case the copy is overseas).
2. INVESTOR'S FINANCIAL CAPACITY PROFILE
a. Requirements for individual investors:
– Bank confirmation of the investor’s account balance showing that the investor has enough money to invest in Vietnam (the original or a copy of the original and the certificate of consular legalization).
b. For corporate investors:
i) In case a new enterprise is established for less than one year:
- Bank certificate of the company's account balance showing that the company has enough money to invest in Vietnam (original or a copy of the original and a Certificate of Consular Legalization).
ii) In the case of companies established for more than 1 year
- Bank certificate of the company's account balance showing that the company has enough money to invest in Vietnam (original or a copy of the original and a Certificate of Consular Legalization).
– Audited financial statements in the last 1-2 years (original or true copy)
3. INVESTMENT LOCATION PROFILE
a. For locations outside the Industrial Park:
– The rental contract clearly states that the purpose of the lease is to open a company in Vietnam
– Papers proving that the place of use is allowed to set up the factory (No pollution)
b. For the location in the Industrial Park:
– Contract for land lease or including factory in the industrial park.
4. PROFESSIONAL PROOF OF CAPACITY BY INDUSTRY HAS INDICATE REQUIREMENTS
Depending on the required industry, there are records of competence that need to be demonstrated, such as: schools, hospitals, construction, advertising, design consultants, etc. Usually, there are 3 groups of requirements:
– Executive manager competency requirements: Provide an executive manager’s legal profile and describe their experience.
- Legal capital capacity of industries that need legal capital.
- The required facilities capacity.
You can find information at the National Information System on Foreign Investment of Vietnam at
and National Investment Portal at
The total time to apply for a license for a foreign investment project is equal to the total time to apply for a license for the following items:
1. Time for granting an Investment Registration Certificate (IRC) for a common occupation: 15 working days;
- For investment projects in the field of retail goods opened under WTO commitments, the time is 45 working days.
- For industries not yet committed in the WTO Commitments, it is necessary to consult the specialized management ministry, depending on the number of agencies to consult, please contact us for details. The time limit for consulting a specialized ministry is 1 working days.
2. Time to apply for an Enterprise Registration Certificate (ERC): 05 working days
3. Time to apply for a retail business license: 24-28 working days.
There are quite a few common mistakes when making investment capital contributions, here are some notes on contributing capital for you:
1. Must open an investment capital account, cannot use a regular checking account to receive contributed capital.
Consequences: Stuck in investment capital because it is not possible to transfer money back to the country when you want to stop investing.
2. Transfer of capital contribution within the commitment period: Usually 90 days according to Vietnamese law or according to the commitment time in the ERC Investment Registration Certificate.
Consequences: Past the time limit for capital contribution commitment, you cannot open a capital account and cannot contribute capital unless you adjust the IRC and may be fined for administrative violations.
3. Use your legal foreign currency account abroad, or your other legal account to transfer capital contribution.
Only if your IRC investment registration certificate states “Cash contribution” can you make a cash deposit. In other cases, you should follow the instructions on transferring money to contribute capital.
Notes when contributing in cash:
(i) You should deposit money into an investment capital account opened at a bank.
(ii) You need to verify that the amount of cash you have to deposit is legal.
Due to the change in the regulations of the Vietnamese Law on this issue, and the payment transaction has many differences from the normal process, for advice on this procedure, please contact directly with us.