Foreigners who want to start a business in Vietnam can use this clickable checklist to make sure you do not miss any step of the process. For a developing nation, the rules are often quite unclear, apart from the fact that they are constantly changing. This is a comprehensive list of legal requirements for setting up your company in Vietnam.

 

• Types of business entities to choose

• Major legal requirements for company establishment

• Determining capital and obtaining the Investment Registration Certificate (IRC)

• Obtaining the Enterprise Registration Certificate (ERC)

• Registering your company’s trademark (TM)

• Opening a company bank account

• Registering tax information and paying business license tax

• Registering e-invoice

• Injecting investment capital

• Installing a company sign at the business location

• Obtaining other necessary permits and licenses depending on your business activities

• Applying for work permits and residence cards (if you plan to stay in Vietnam)

• Tax reporting and compliance obligations

• Human Resources, recruitment and payroll obligations.