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Minimum Requirements to set up Company in Vietnam
Minimum Requirements to set up Company in Vietnam
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Rohit Singh
3 posts
Aug 20, 2025
1:10 AM
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To set up a company in Vietnam, investors must meet several minimum requirements set by Vietnamese law. Firstly, at least one founder or investor—who can be an individual or a legal entity—is required. Foreign investors are allowed 100% ownership in most sectors, though certain industries may have restrictions or require a local partner. A registered office address in Vietnam is mandatory for business registration.
The company must also appoint a legal representative who resides in Vietnam, responsible for the company's operations and legal compliance. While there is no general minimum capital requirement for most sectors, sufficient capital must be declared to cover the business's planned activities and expenses. In specific sectors such as finance, real estate, or education, higher minimum capital requirements may apply.
Additionally, the business must have a clear and lawful business scope aligned with Vietnam’s investment regulations. Once these conditions are met, the company can be registered through the Department of Planning and Investment and receive its Enterprise Registration Certificate (ERC) and Investment Registration Certificate (IRC), if foreign-owned.
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