Minimize risks and ensure the security of your business through compliance. Our services, covering meeting minutes, resolutions, decisions, deadline managements, and report filings, provide smooth support for your corporate obligations.
No more late filing concerns. Proactive alerts keep you posted on approaching deadlines, ensuring a penalty-free journey. Trust our year-round monitoring and clear requirement explanations for hassle-free compliance.
While not mandatory for business setup in Vietnam, appointing a dedicated company secretary proves invaluable. They manage statutory books and records, ensuring global compliance. Their role safeguards your company’s legal standing and enhances operational efficiency, a wise choice for sustained success in the Vietnamese business landscape
Ensuring continuous compliance, our independent review services identify and address risks and issues with secretarial procedures. This ensures smooth company activities. Our comprehensive annual services cover:
Utilize our support to prepare, submit, and pay the Business License Tax order online to the Tax Department by January 30, including detailed company capital information.
Count on us for the smooth preparation and maintenance of ownership documents, including Shareholding Book and Share Certificate, ensuring business success without complications.
Handle the director’s decisions for your company, up to four annually, with our expert support.
Handle the preparation of appointment decisions for pivotal management positions (Director/General Director, Deputy Director/General Director, Chief Accountant) according to your company’s requirements.
Providing quarterly summaries of completed work.
Periodically provide comprehensive reports to registry offices and local statistical agencies, outlining project execution. Included are details on capital, investment outcomes, employee data, government payments, R&D investments, environmental protection, and relevant professional indicators, as required by the Law on Investment.
Discover extra, one-off services with a fixed fee. After understanding your needs, expect a formal proposal from us.
End-to-end investment project management.
Decisions made by the foreign investor.
Adaptation/Continuation/ Closure of Investment Project.
Professional corporate management.
Provide counsel and compose an authorization letter.
Examine, compose, and/or modify the company’s charter.
Draft and file amendments to the registered particulars of the company (e.g., address, capital, etc.).
As part of our compliance consulting, we offer insights into corporate governance and recommend industry best practices for your business in Vietnam.
Once all the applications and supporting documents are ready and in order on our end, it usually takes us about three weeks in total to set up a Vietnam company.
The breakdown of the timelimit is as follows: the first two weeks for obtaining an Investment Registration Certificate (IRC) and another one week to get an Enterprise Registration Certificate (ERC).
The sooner you provide us with the required details and documents, the sooner you will be able to form a company in Vietnam.
The starting point of the timelimit much depends on the availability of the details and documents to be provided by you.
Yes, of course. All Vietnamese companies must have a local registered address. If you don’t have one already, use our virtual address service. We will help you handle your incoming letters and scan and store them in your LTS LAW account so you have easy access to all your documents.
There is no requirement on the minimum amount of capital to set up a company in Vietnam, except for certain business activities requiring legal capital.
We will advise you about the minimum capital on a case-by-case basis. If you want to decrease or increase the capital amount in the future, LTS LAW will notify you if so required.
No, it is not, except for certain business activities requiring a certain percentage of local ownership in Vietnam companies.
No. You don’t need to have any local director to form a company in Vietnam.
Not at all! You can remotely handle Vietnam company incorporation by hiring LTS LAW for the purpose. All you have to do is provide us with all company details and documents in hard copy as so advised by LTS LAW.
Yes, of course. To receive your capital contribution, your Vietnam company must open a “foreign direct investment account” at a bank licensed to operate in Vietnam. It also must open a VND current account as well.
No, it will take not that much time if you hire LTS LAW to help you proceed with the registration. When you want to register a mandatory change to your company’s Investment Registration Certificate (IRC) or Enterprise Registration Certificate (ERC), send relevant details to us and we will do the rest for you.
Yes, it is. A Vietnam company can hire foreign employees as long as they can qualify for a Vietnam work permit or Vietnam work permit exemption under Vietnamese laws.
It takes us three weeks to help you form a Vietnam company. The breakdown of the timelimit is as follows: the first two weeks for obtaining an Investment Registration Certificate (IRC) and another one week to get an Enterprise Registration Certificate (ERC).
However, the starting point of the timelimit much depends on the availability of the details and documents to be provided by you.
Yes, of course. Upon registering a Vietnam company with LTS LAW, we will free advice about relevant periodic compliance issues, mandatory filings, and corresponding due dates. You will receive emails or notices from us.
Yes, of course. Upon registering a Vietnam company with LTS LAW, we will free advice about relevant periodic compliance issues, mandatory filings, and corresponding due dates. You will receive emails or notices from us.
Yes, it is. 100% foreign ownership is allowed for most business activities, except for certain ones that require certain percentage of local ownership in Vietnam companies. We will advise you about this respect on a case-by-case basis.
Yes, of course. Like other jurisdictions, Vietnam permits foreigners to become shareholders and directors of companies established in Vietnam. You can be the only director or hire another person to hold the position as a foreigner. There is no requirement to have any local directors.
You can be a shareholder as well. A Vietnam company must have at least one shareholder (and as many as 50) if it is a limited liability company or at least three shareholders if it is a joint-stock company. A shareholder can be an individual or a corporate entity.
Once all the documents are ready, it takes us less than three (3) weeks to set up a Vietnam company. The starting point of the time limit mostly depends on when you are comfortable providing all the company details and documents in hard copy as required by us.
Uncertain about where to start?
Dora Tran, Managing Lawyer
Local professionals with a remarkable standing and a proven history in the Vietnamese industry
