Conversion of a Vietnamese Company into a Foreign-Invested Company is a complex process that offers numerous opportunities for market expansion, enhanced competitiveness, and attraction of international investment capital. This procedure not only requires strict compliance with investment and commercial laws but also demands thorough preparation in terms of finance, strategy, and management. This article provides a detailed guide on the basic steps for carrying out the conversion, from enterprise valuation, preparation of legal documents, to the relevant procedures during cooperation with foreign investors.

Converting to a foreign-invested company brings many benefits, including:
Foreign investors wishing to contribute capital to a Vietnamese enterprise must meet specific conditions under the Investment Law and current Vietnamese regulations. The main conditions are as follows:
Pursuant to Clause 10, Article 17 of Decree 31/2021/NĐ-CP, restrictions on foreign ownership ratios under international investment treaties are applied as follows:
Thus, the foreign ownership ratio depends on the business sector and applicable international investment treaties.
Foreign investors may contribute capital to a Vietnamese enterprise through one of the following methods:
Related articles:
Service for Adding Business Lines to Foreign-Invested Companies
Conditions for Foreigners to Establish a Company in Vietnam

Preparation of dossier:
Submission method: Investment Department – Department of Planning and Investment of the province/city where the enterprise has its principal office.
Processing time: 15–20 working days from receipt of a complete dossier.
Preparation of dossier:
Submission method: At the Business Registration Office – Department of Planning and Investment of the province/city where the enterprise has its principal office, or online via the National Enterprise Registration Portal.
Processing time: 5 working days from receipt of a complete dossier, the Business Registration Office will issue a new enterprise registration certificate to the enterprise.
Related articles:
Regulations on Remittance of Profits from Vietnam Abroad by Foreign Investors
Tax Policies Applicable to 100% Foreign-Invested Enterprises
After converting a Vietnamese company into a foreign-invested company (FDI), the enterprise must carry out several tasks to comply with the law and ensure stable business operations. The key steps are as follows:
BKC Law provides professional consultation services for converting a Vietnamese company into a foreign-invested company. With an experienced team of lawyers possessing in-depth knowledge, BKC Law will support your enterprise from planning, handling legal procedures, to completing all requirements related to foreign investment. We are committed to delivering comprehensive solutions that ensure full compliance with Vietnamese law and optimize benefits for investors.
To receive free legal consultation at BKC Law, please contact our lawyers using the following information:
Telephone: 0901 3333 41
Email: info@bkclaw.vn
Branch in District 1: 9th Floor, Diamond Plaza Building, 34 Le Duan Street, District 1, Ho Chi Minh City
Branch in Binh Tan: 41 Ten Lua Street, Binh Tan District, Ho Chi Minh City
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info@bkclaw.vn
0901 3333 41
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info@bkclaw.vn
0901 3333 41