List of Documents Required for Vietnam Business License

List of documents required for company registration in Vietnam

The list of documents required to register a company in Vietnam may vary depending on the company type and scope of business. Here are some basic document requirements for some common company types:

1. Limited Liability Company (LLC)

  • company policy
  • List of shareholders/members and their details
  • Identity document of the legal representative
  • Proof of registered address (such as lease agreement)
  • Investment project proposal (if applicable)
  • Proof of minimum registered capital (at least USD 10,000)

2. Joint-stock company

  • company policy
  • List of founding shareholders and their details
  • List of Board Members
  • Identity document of the legal representative
  • Proof of registered address
  • Investment project proposal (if applicable)

3. Branches of foreign companies

  • Business license and articles of association of the parent company
  • The resolution of the parent company’s board of directors on establishing a branch in Vietnam
  • Appointment letter of the person in charge of the branch
  • Proof that the parent company has been operating abroad for at least 5 years
  • Branch office registration address certificate

4. Representative Office

  • Business license and articles of association of the parent company
  • Resolution of the parent company’s board of directors on establishing a representative office in Vietnam
  • Appointment letter of the head of the representative office
  • Proof of registered address of representative office

It is important to note that all foreign documents need to be notarized and authenticated by the consulate. In addition, depending on the specific scope of business, additional licenses or qualifications may be required. For example, for regulated industries, approval documents from relevant departments may be required.

To ensure the completeness and accuracy of the document list, it is recommended to consult a professional company registration service agency or a local legal advisor in Vietnam. They can provide more detailed guidance based on your specific situation.

Different types of business scope in Vietnam

1.Limited Liability Company (LLC)

  • Trade Activities:Import and export trade, wholesale, retail, etc.
  • Services:Consulting services, logistics services, design services, etc.
  • manufacturing:Produce a specific product or commodity
  • Construction and real estate:Construction, real estate development, etc.
  • information Technology:Software development, IT services, etc.
  • Education and Training:Language training, vocational training, etc.
  • Catering and hotel industry
  • Tourism
  • Other professional services:Such as legal consulting, accounting services, etc.

2. Wholly Foreign Owned Factory

Manufacturing:Can hold 100% of the company’s equity, no restrictions on the proportion of domestic and foreign sales

3. Wholly foreign-owned trading companies

Trading activities: can engage in import and export, wholesale, retail and other businesses

4. Associated company (joint venture factory)

Manufacturing: Foreign investors can own up to 99% of the shares

5. Joint venture (material processing plant)

Manufacturing: Similar to processing with supplied materials or commissioned processing, foreign investors’ shareholding ratio cannot exceed 70%

6. Representative Office

  • Business contact, liaison and development
  • No direct business activities and no invoices can be issued

7. Branch

  • Can engage in the sale of goods and activities directly related to sale
  • The function is basically similar to that of a subsidiary

8. Service Company

  • Research Activities
  • QC
  • product development
  • design
  • Logistics Services

9. Trading Company

  • Import and export business
  • Domestic distribution (retail, wholesale and franchising)

It should be noted that certain specific industries (such as banking, insurance, securities, etc.) may require additional licenses. Foreign-invested enterprises may have ownership restrictions or other special requirements in certain industries. The company’s specific business scope needs to be clearly listed at the time of registration and must comply with relevant Vietnamese regulations.

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