Last Updated: October 31, 2025
Vietnam is one of Southeast Asia’s fastest‑growing economies, offering access to ASEAN markets, a large and increasingly skilled workforce, and strategic manufacturing linkages. With favourable investment incentives, expanding infrastructure, and rising digital & tech sectors, Vietnam is an attractive destination for international firms establishing regional operations, production hubs or service centres.
Capital City
Hanoi
Language
Vietnamese
Currency
Vietnamese Dong (VND)
Business Hubs
Hanoi, Ho Chi Minh City, Da Nang, Binh Duong
Unlock growth opportunities in Vietnam with Cerity Global as your trusted partner. We offer end-to-end support for establishing your legal entity, navigating Vietnam’s often complex regulatory landscape with clarity and efficiency.
From company registration to ongoing back-office support, including HR, payroll, benefits, accounting, tax and compliance, Cerity Global simplifies the process so you can focus on growing your business.
Need to hire quickly before your entity is set up? We offer interim EOR services in Vietnam, enabling you to onboard talent fast. Once your entity is established, we ensure a smooth transition of your employees from the EOR structure to your own legal entity, without disrupting payroll or compliance.
Our experts stay ahead of regulatory changes to keep your operations aligned with Vietnam’s employment and tax laws, helping you scale confidently and compliantly.
A Joint-stock company is similar to a public joint stock company and is usually suitable for larger operations. A JSC can issue shares, be publicly listed, and is subject to enhanced corporate governance and disclosure requirements under the Law on Enterprises 2020. This type of legal entity requires at least three founding shareholders, with no maximum limit.
A Limited Liability Company is commonly used by small to medium-sized businesses where the ownership is restricted to members/shareholders, and transfer of ownership shares is more restrictive than a JSC. An LLC offers simpler management and fewer disclosure requirements, making it popular for closely held businesses or foreign investors.
A Branch Office is an extension of a foreign parent company operating in Vietnam. It does not have separate legal personality from its parent company but must comply with Vietnamese corporate, tax, and reporting regulations. This kind of entity is suitable for foreign companies seeking to conduct business without establishing a separate entity.
A JSC requires a Board of Directors, typically at least three members. There is no legal requirement for directors to be Vietnam residents, but having local representatives is often practical for banking, tax, and operational purposes.
In an LLC, there is no residency requirement for directors or members. A legal representative (usually one of the members or an appointed director) is required for signing contracts, registering for tax, and opening bank accounts.
Branch offices must appoint a Vietnam-resident legal representative with authority to act on behalf of the branch. This representative is responsible for all regulatory compliance and liaising with authorities.
Bank account setup in Vietnam follows strict procedures due to regulatory requirements:
Cerity Global supports companies in their global expansion plans and helps in legal entity setup, registration and ongoing support services. With us, you can quickly set up a legal entity, operate compliantly, and expand globally. The process typically takes a few days to a week, depending on the bank.
Reasons you should setup legal entity in Vietnam:
Cerity Global ensures your business expansion in Vietnam is fast, compliant, and future-ready, so you can focus on growth while we manage the back-office tasks.
Economic figures are subject to change based on quarterly reports and market conditions.
Cerity Global combines deep local knowledge with proven expertise to make your Vietnam business establishment effortless and compliant. Whether you’re looking for legal entity setup and registration or ongoing support, we’re your trusted partner for sustainable global expansion in Vietnam.
Disclaimer – The information provided is for informational purposes only and does not constitute legal, business, or tax advice. Entity setup requirements, tax rates, and economic data are subject to change and may vary by location.
To discuss your needs and how we can help you achieve a compliant and efficient expansion.