Vietnam is currently attracting significant interest from foreign investors establishing companies in the country, thanks to its growing business environment and competitive labor costs. The process and procedures for establishing a foreign-owned company in Vietnam have been improved and optimized to ensure transparency and convenience for investors. With strict guidance from Vietnamese law and competent authorities, this process enables foreign companies to easily access the Vietnamese market and tap into its substantial business opportunities. The article below provides a detailed overview of the specific steps and requirements for establishing and operating a foreign-owned company in Vietnam in 2024.

Establishing a company with foreign investment through initial capital contribution:
Foreign investors contribute capital from the very beginning when establishing a company in Vietnam. Depending on the business sector, foreign investors may contribute from 1% to 100% of the company’s charter capital.
Establishing a company with foreign investment through capital contribution or share purchase:
Under this method, foreign investors contribute capital to an existing Vietnamese company that already has an Enterprise Registration Certificate. Depending on the business sector, foreign investors may contribute from 1% to 100% of the capital. Foreign investors will carry out procedures to purchase capital contributions or shares of the Vietnamese company. Afterward, the Vietnamese company becomes a foreign-invested enterprise.
Conditions for foreign investors contributing capital from the beginning
According to Article 22 of the Law on Investment 2020, companies established by foreign investors must satisfy market access conditions applicable to foreign investors as provided in Article 9 of this law.
Conditions for foreign investors purchasing capital contributions or shares:
According to Article 24 of the Law on Investment 2020, foreign investors must meet the market access conditions provided in Clause 3, Article 9 of this law and Articles 15, 16, and 17 of Decree 31/2021/ND-CP.
Foreign investors may be individuals aged 18 and above, organizations, or enterprises with nationality from WTO member countries or countries having signed bilateral investment agreements with Vietnam. However, certain business sectors require that only foreign investors who are legal entities (not individuals) may invest in Vietnam. Individual investors holding passports containing “nine-dash line” content will not be permitted to contribute capital in Vietnam or act as representatives managing capital in organizations or enterprises established in Vietnam as prescribed by law.
There are no specific restrictions on the nationality of foreign investors. Investors from any country may invest in Vietnam as long as they comply with Vietnamese law and international treaties to which Vietnam is a party.
Detailed provisions regarding the legal status and nationality of foreign investors can be found in the Law on Enterprises, the Law on Investment, and other legal documents governing foreign investment in Vietnam.
Foreign investors must have sufficient financial capacity and must be able to prove their financial ability in accordance with the business sector they intend to invest in.
Foreign investors must have a legitimate location for the investment project in Vietnam, demonstrated through lease contracts, house/land lease agreements, or lawful property ownership documents from the lessor to serve as the company headquarters and project implementation site.
For investment projects in the manufacturing sector, investors must demonstrate eligibility to lease factories and provide factory lease agreements in industrial parks or clusters.
Foreign investors must meet specific conditions applicable to conditional business sectors for foreign investors.
Related articles:
Tax policies for wholly foreign-owned enterprises
APEC (ABTC) card processing services – comprehensive and expedited in Ho Chi Minh City

Step 1: Prepare the application dossier for the Investment Registration Certificate
Step 2: Submit the application for issuance of the Investment Registration Certificate
Step 3: Issuance of the Investment Registration Certificate
Step 4: Prepare and submit the application for the Enterprise Registration Certificate
Step 5: Publish enterprise registration information
Step 6: Create the company seal
Step 7: Obtain a Business License or relevant operational license
Step 8: Open a direct foreign investment capital account

Step 1: Establish a company with 100% Vietnamese capital
Step 2: Prepare the application dossier for registration of capital contribution or share purchase by foreign investors
Step 3: Submit the application for registration of capital contribution or share purchase
Step 4: Amend the Enterprise Registration Certificate
Step 5: Obtain the Business License and other required operational licenses
Related articles:
Procedures for issuing investment certificates to foreign investors in Vietnam – Latest Update 2024
Comprehensive legal consulting services for foreign investors
Do foreign-invested companies receive investment incentives?
These companies are eligible for investment incentives. However, they receive the same incentives as Vietnamese enterprises and must satisfy all conditions required by Vietnamese law to enjoy such incentives.
In what forms can foreign investors invest in Vietnam?
Can foreign-invested companies establish representative offices or business branches?
What types of taxes must foreign-invested companies pay?
Similar to Vietnamese enterprises, foreign-invested companies must pay the following taxes:
In which cases must foreign-invested companies apply for an Investment Registration Certificate?
Foreign-invested companies must obtain an investment certificate in the following cases:
Using the foreign-invested company establishment services of BKC Law brings numerous benefits, including: high professional expertise from experienced lawyers, comprehensive legal and procedural consultancy, saving time and effort, and ensuring full compliance with Vietnamese law. Additionally, BKC Law provides post-establishment support to help enterprises operate efficiently and sustainably.
With a team of senior lawyers possessing extensive experience, solid legal knowledge, and strong bilingual consulting capabilities, BKC LAW is confident in being one of the best legal partners in supporting services related to establishing foreign-invested companies in Vietnam.
To receive free legal consultation at BKC Law, you may contact our lawyers using the following information:
Phone: 0901 3333 41
Email: info@bkclaw.vn
District 1 Office: 9th Floor, Diamond Plaza Building, 34 Le Duan Street, District 1, Ho Chi Minh City
Binh Tan Office: 41 Ten Lua Street, Binh Tan District, Ho Chi Minh City
Related articles:
Comprehensive Corporate Legal Consulting Services – Binh Tan District
Dedicated Legal Counsel Services for Enterprises
Procedures for Opening FDI Companies in Vietnam – Expert Lawyer Advisory
Not found
0 (0) In recent years, commercial franchising has exploded as one of the most profitable and rapidly expanding business models...
0 (0) Vietnam’s real estate market has always been an attractive destination for international investors. However, the legal framework for...
0 (0) Disputes in goods sale and purchase contracts arise when there is disagreement between the buyer and the seller...
0 (0) House Sale Contract Disputes in Binh Tan have become increasingly common as the real estate market in Binh...
0 (0) Disputes in house purchase and sale contracts often arise due to unclear contractual terms, lack of transparency in...
0 (0) Inheritance disputes are complex legal issues that arise when disagreements occur among related parties regarding the inheritance rights...
0 (0) Resolving property disputes after divorce is a common legal issue that arises after the termination of a marital...
0 (0) A Temporary Residence Card (TRC) is one of the most important documents that allows foreigners to live and...
0 (0) When establishing a company, completing the initial tax declaration procedures is one of the most important steps to...
0 (0) A work permit service for foreigners in Vietnam is essential as the country continues to attract more foreign...
0 (0) A sub-license is an important legal requirement for businesses operating in conditional business sectors in Vietnam. In addition...
0 (0) As Vietnam continues to emerge as an attractive destination for foreign investors, FDI enterprises (Foreign Direct Investment enterprises)...
0 (0) Ho Chi Minh City (HCMC) is emerging as a leading technology hub in Southeast Asia, attracting a multitude...
0 (0) Establishing a company with Japanese capital in Vietnam offers numerous attractive business opportunities and serves as a solid...
0 (0) Establishing a company with Macau capital in Vietnam presents an attractive opportunity for international investors, particularly those from...
5 (1) Applying for sub-licenses for Chinese-invested companies in Vietnam is an important process that allows enterprises to operate legally...
0 (0) Currently, establishing a Foreign-Invested Enterprise (FDI/FIE) in Vietnam requires foreign investors to carefully prepare regarding legal aspects, sectoral...
0 (0) A legal advisor for foreign-invested enterprises (FDI) acts as a legal architect, designing the operational foundation, protecting the...
0 (0) Foreign businesses wishing to do business in Vietnam must satisfy specific conditions prescribed by investment and commercial laws....
0 (0) In the context of profound international economic integration, Vietnam continues to be one of the most attractive investment...
0 (0) Vietnam Entry Visa (Entry Visa) Service for Chinese Nationals provides a fast and convenient solution for Chinese citizens...
0 (0) Establishing a company with Japanese capital in Vietnam offers numerous attractive business opportunities and serves as a solid...
0 (0) E-Commerce Business License is a mandatory requirement for individuals and organizations to legally operate in the field of...
0 (0) Procedure for Establishing a Chinese Company in Vietnam requires foreign investors to comply with Vietnamese legal regulations. Vietnam...
0 (0) When deciding to invest and establish a Chinese company in Vietnam, foreign investors must thoroughly understand the legal...
0 (0) The procedure for applying for an entry visa to Vietnam for Chinese citizens is a critical process to...
0 (0) Currently, There are many cases of transferring land and houses that are mortgaged at the bank. However, not...
0 (0) Grounds for Exemption from Criminal Liability According to Article 29 of the Criminal Code 2015 (as amended in...
0 (0) Based on the Constitution of the Socialist Republic of Vietnam; The National Assembly promulgates the Law on Children....
0 (0) Commercial disputes are inevitable issues in the daily business operations of enterprises. When disputes between the parties cannot...
0 (0) Currently, Vietnam is evaluated as a country with a dynamic economy, high growth, and deep, strong integration into...
0 (0) I. Types of Divorce in Vietnam Mutual Consent Divorce: This is the case where both husband and wife...
0 (0) Enterprise Legal Consultation Services in Binh Tan District can provide in-depth legal support for businesses operating in this...
0 (0) What is Divorce? Pursuant to Clause 14, Article 3 of the Law on Marriage and Family 2014: “Divorce...
0 (0) Litigation attorney services in Binh Tan District aim to support clients in safeguarding their legitimate rights and interests...
0 (0) Criminal defense attorney services in Binh Tan District are increasingly in demand, as within a dynamic city like...
0 (0) Resolving land disputes in Binh Tan District, Ho Chi Minh City, is a complex and sensitive issue in...
0 (0) In the context of a rapidly developing economy, legal consultation services for commercial contract disputes in Binh Tan...
0 (0) Currently, inheritance consultation services in Ho Chi Minh City assist clients in properly planning their inheritance to ensure...
0 (0) In the context of a rapidly developing economy, legal consultation services for real estate procedures in Binh Tan...
0 (0) In the context of a rapidly developing economy, legal consultation services for enterprises in Binh Tan District are...
0 (0) Legal consultation services in Binh Tan District assist clients in resolving complex legal issues, ranging from advisory services...
0 (0) Attorneys specializing in inheritance consultation play a crucial role in assisting and guiding clients through legal issues related...
0 (0) Legal services for foreigners in Ho Chi Minh City are increasingly developed, as it is regarded as Vietnam’s...
0 (0) In Ho Chi Minh City, legal services for foreigners are increasingly developed, as it is regarded as Vietnam’s...
0 (0) In the context of globalization and increasing international economic cooperation, investment law plays a crucial role in shaping...
0 (0) In the context of globalization and increasing international economic cooperation, investment law plays a crucial role in shaping...
0 (0) In Ho Chi Minh City, APEC card application services are provided by numerous professional and reliable entities, enabling...
0 (0) The dissolution of a foreign-invested enterprise is a complex process that requires careful consideration. The decision to dissolve...
0 (0) The merger of foreign enterprises into the Vietnamese market presents substantial opportunities but also encounters numerous challenges. Evaluating...
0 (0) The establishment of branches of foreign companies in Vietnam has opened significant opportunities for business development within the...
0 (0) Fast-track unilateral divorce refers to one spouse requesting termination of the marriage without the consent of the other,...
0 (0) The current personal income tax (PIT) situation for foreigners in Vietnam is relatively clear, with specific regulations outlined...
0 (0) The cost of hiring a lawyer for comprehensive land law consultation is a matter of significant interest to...
0 (0) Disputes arising from land use rights transfer contracts often occur due to disagreements between the parties regarding contract...
0 (0) Transfer of shares by foreign investors in Vietnam requires strict compliance with legal regulations regarding ownership ratios and...
0 (0) When deciding to dissolve the representative office of a foreign company in Vietnam, this is not only a...
0 (0) Fast-track divorce is the termination of the marital relationship pursuant to a legally effective judgment or decision of...
0 (0) When a foreign-invested company decides to change or supplement its investment business lines, this transition is not only...
0 (0) In the context of rapid socio-economic development, the termination of foreign investment projects in Vietnam marks an important...
0 (0) Work Visa for Foreigners in Ho Chi Minh City offers valuable opportunities for foreigners seeking a career in...
0 (0) In the modern era of globalization, obtaining a work permit for foreign workers is a mandatory requirement to...
0 (0) When an enterprise or organization wishes to continue employing foreign workers, extending the work permit is an essential...
0 (0) In the context of rapid economic development, the need to register foreign loans in 2024 has become increasingly...
0 (0) In modern society, the need for legal services has become more widespread than ever. Hiring a lawyer is...
0 (0) In today’s society, the demand for legal services has become more widespread than ever. Hiring a criminal case...
0 (0) In today’s challenging business environment, the service of a dedicated corporate lawyer has become an indispensable tool for...
0 (0) In today’s society, the demand for legal services has become more widespread than ever. Hiring a land dispute...
0 (0) In the context of rapid socio-economic development, the need to convert the land use purpose of a project...
0 (0) In today’s society, the demand for legal services has become more widespread than ever. Hiring a civil case...
0 (0) In the context of rapid socio-economic development in Ho Chi Minh City, resolving internal enterprise disputes has become...
0 (0) Establishing a media company with foreign capital in Vietnam has become more attractive than ever, especially amid globalization...
0 (0) Establishing a construction company with foreign capital in Vietnam requires strict compliance with a series of legal conditions...
0 (0) In the context of socio-economic development, resolving labor contract disputes has become increasingly common, affecting the rights of...
0 (0) In the context of deepening global economic integration, remitting profits from Vietnam abroad by foreign investors has become...
0 (0) Establishing a logistics company with foreign capital in Vietnam has become an attractive trend for international investors. With...
0 (0) Establishing a real estate company with foreign capital in Vietnam is a complex process. With the rapid development...
0 (0) In the context of rapid urban development and increasing land use demand, land disputes have become a common...
0 (0) Establishing a technology company with foreign capital in Vietnam has become an attractive trend amid the context of...
0 (0) The procedure for dissolving a branch of a foreign company in Vietnam is an important process to ensure...
0 (0) Outward investment has become a crucial strategy in the context of deepening globalization. Many enterprises, from small to...
0 (0) With Vietnam’s rapidly developing economy and increasingly attractive investment environment, the country has drawn significant interest from foreign...
0 (0) Establishing a company in the United States is not only an important step in the entrepreneurial journey but...
0 (0) Establishing a company in Canada not only offers attractive business opportunities but also opens the door to one...
0 (0) Establishing a company in Singapore has become an attractive option for many entrepreneurs and investors due to its...
0 (0) Establishing a Company in Hong Kong has long been renowned as a leading financial and commercial hub in...
0 (0) Establishing a branch of a foreign-invested company in Vietnam requires meeting numerous detailed conditions and procedures to ensure...
0 (0) In the context of rapid globalization and increasingly fierce competition, increasing the charter capital of a foreign-invested company...
0 (0) In the context of rapid globalization and increasingly fierce competition, adding business lines for foreign-invested companies has become...
0 (0) In the context of rapid globalization and increasingly fierce competition, changing the name of a foreign-invested company is...
0 (0) Change of Principal Office Address for Foreign-Invested Companies is becoming increasingly common in the context of rapid economic...
0 (0) Establishment of a Chinese Company in Vietnam has become a growing trend as an increasing number of Chinese...
0 (0) Handwritten Divorce Petition can serve as a legal document used when one or both spouses wish to terminate...
0 (0) Conversion of a Vietnamese Company into a Foreign-Invested Company is a complex process that offers numerous opportunities for...
0 (0) Transfer of Agricultural Land to Residential Land is one of the legal procedures that many people are interested...
0 (0) Transfer of Red Book (Land Use Right Certificate), also known as transfer of land use rights and ownership...
0 (0) Transfer of Agricultural Land Use Rights is one of the important legal procedures aimed at transferring land use...
0 (0) Before initiating a land dispute lawsuit, it is essential to have a clear understanding of the relevant legal...
0 (0) Division of Inheritance Without a Will is the legal process for distributing the estate of a deceased person...
0 (0) Division of Inheritance by Will is an important aspect of civil law, reflecting the personal will of the...
0 (0) Inheritance Disputes in Ho Chi Minh City represent one of the most complex legal issues, as this metropolitan...
0 (0) Procedures for Division of Inheritance constitute an important legal process that ensures the equitable distribution of a deceased...
0 (0) Procedures for Receiving Inheritance constitute an important legal process that requires a thorough understanding of the law to...
0 (0) Procedures for Receiving Inherited Assets in Ho Chi Minh City constitute an important legal process directly concerning the...
0 (0) A professional land law consultant lawyer will help clients clearly understand their rights and obligations while providing effective...
0 (0) Credit Contract Disputes are a common issue in the financial sector, arising from disagreements between the lender (banks...
0 (0) In civil transactions, disputes over loan of property are inevitable, particularly when the parties fail to comply with...
0 (0) In Ho Chi Minh City, specifically Inheritance Disputes in Binh Tan District represent a frequently encountered legal issue,...
0 (0) Resolution of Land Disputes in Binh Tan District is a matter of significant concern amid the rapid urbanization...
0 (0) <em><span id=”cke_bm_306S”> </span><strong>Resolution of Disputes Arising from Condominium Purchase and Sale in Binh Tan District</strong> is a prevalent legal...
0 (0) Currently, in Ho Chi Minh City, will drafting services are increasingly in demand to meet the growing need...
0 (0) Drafting a Will is a crucial step to protect your rights and those of your family, while ensuring...
0 (0) Investing in Industrial Parks in Vietnam has emerged as an attractive opportunity for both domestic and foreign investors....
0 (0) Declaration of Inheritance is an important legal procedure that confirms ownership rights to assets inherited by heirs following...
0 (0) Will Drafting Services provide a professional solution to express your wishes and legally protect your assets. Drafting a...
0 (0) The law office specializing in land law consultation is a provider of professional and dedicated legal services to...
0 (0) Conditions for Establishing a Foreign-Invested Company in Vietnam encompass the legal requirements and procedures that investors must comply...
0 (0) The law office services in Binh Tan District aim to support clients in ensuring their legal rights and...
0 (0) In recent years, with an increasingly improved business environment and more comprehensive investment support policies, Vietnam has become...
0 (0) A professional and highly experienced team of attorneys specializing in corporate law consultation services in Binh Tan District...
0 (0) Investment consulting services in Vietnam are increasingly affirming their essential role in supporting investors—from individuals to organizations—in achieving...
0 (0) Divorce is a complex process that often causes significant stress for the parties involved. Fast divorce services provided...
0 (0) The attorney retainer fee for initiating a lawsuit typically ranges from VND 1,000,000 to VND 5,000,000 per case....
0 (0) The land law consulting office provides professional and dedicated legal services for all clients. With a team of...
0 (0) When confronting inheritance matters, understanding the fees for engaging a professional inheritance attorney is essential to safeguarding your...
0 (0) The outbound investment advisory service has become an indispensable component in today’s context of global economic integration. With...
0 (0) Establishing a Chinese company in Vietnam is becoming a trend as more and more Chinese investors see the...
41 Rockets, Binh Tri Dong B, Binh Tan District, Ho Chi Minh City.
info@bkclaw.vn
0901 3333 41
9th Floor, Diamond Plaza Building, 34 Le Duan, Ben Nghe Street, District 1, Ho Chi Minh City.
info@bkclaw.vn
0901 3333 41