Business Set Up in Vietnam

Vietnam is famous not just for its natural landscape but is also one of the most attractive destinations for foreign direct investment (FDI). If you want to know more about doing business in Vietnam, then contact us at Enterslice or continue reading. We provide the best services for having an international presence.

Benefits of Doing Business in Vietnam

Strategic Business Location

Economic Growth

Young and skilled workforce

Cheap Labour

Infrastructural Development

Solid Foreign Investment Policy

Ease of Doing Business

Double Tax Agreements

Good trade relations with other countries

Well-developed Infrastructure Facilities

Types of Business Structure in Vietnam

The following are the business structures available in Vietnam:

Limited Liability Company (LLC)

Foreign investors willing to establish a 100% foreign-invested entity can choose an LLC business structure. It has a simple corporate structure therefore it is ideal for small and medium-sized enterprises. It can commence its operations with just one founder. The liability of the shareholders is limited to the value of shares.

Joint Stock Company

A Joint Stock Company is a complex and more demanding business structure. It is ideal for large companies. Large companies set up joint stock companies as it allows them to issue shares and list them on the stock exchange. This vehicle also allows 100% foreign ownership based on the business sector. A Joint Stock company allows a joint venture between foreign investors and local investors. It can be set up where there are equal portions of shares. A joint stock company requires minimum 3 shareholders for establishment but there is no upper limit for the number of shareholders.

Representative Office

A representative office can be used by foreign investors to conduct research, analyze the local market, and promote marketing activities. The minimum requirement to set up a representative office in Vietnam is that the overseas parent company should be operating for a minimum of one 1 year.

Branch Office

A branch office is an extension of its parent company overseas. A branch office can carry out all the commercial activities of the parent company and generate profits. It is not a separate legal entity however, it can issue VAT invoices on its own, and maintain accounting and financial records either with the headquarters or separate from its headquarters. It can also enter into contracts or agreements if required.

Different Types of Taxes in Vietnam


Corporate Tax

Value-Added Tax

License Tax

Import and Export Duty

Excise Tax

Personal Income Tax

Foreign Contractor Tax (FCT)

About our Services

Enterslice is one of the leading management consultancy firms which offers end-to-end business set-up, financial, regulatory, taxation, legal, and advisory services to early-stage businesses, start-ups, entrepreneurs, and large corporate houses across the globe.

Our Vietnam Entry Strategy services involve the following services:

About Vietnam Entry Strategy

Our Vietnam Entry Strategy is classified into the following:

Business Setup Services

Business Structures available in Myanmar are Limited Liability Companies, Joint Stock Companies, Representative Offices, and Branch offices. Enterslice advises businesses on the type of business structure to opt for while setting up a business in Myanmar. Our team will also guide you in selecting the most suitable business structure for the business. We help in the registration process, opening a bank account for the business, and post-registration compliance.

Consultancy on Managing the Business

Our consultants formulate a strategic plan for establishing and operating the business depending on your business needs. We formulate a budget and develop cash flows for your business. We also review internal control processes and conduct business reviews. We provide advisory for issues related to the management of the business.

Legal Advisory Services

Our legal experts provide legal advice on business operations, finances, IP protection, etc. We also draft legal Documents for your business and compile the required Paper works. We also ensure that all legal and regulatory compliance are duly complied with.

Accounting and Audit Advisory Services

Vietnam follows Vietnamese Accounting Standards (VAS). Enterslice assists in preparing correct accounting records as per VAS. We provide accurate financial accounts to provide a clear picture of the performance of the business. Our experts at Enterslice are committed to offer the best accounting services customized as per the demands of your business. Our team members have expert accounting and audit knowledge along with practical experience which will help your business in meeting its industry-specific accounting challenges and financial reporting requirement.

Tax Advisory Services

Our tax experts assist in filing the yearly corporate income tax (CIT) returns and audited financial statements. We provide thorough advisory on excise and customs. Enterslice offers a range of tax compliance services beginning with tax registration. Along with fulfilling the required tax reporting obligations, we compute taxes and prepare tax returns. Our team evaluates the tax returns prepared by the company and helps resolve the queries of tax authorities. Our goal is to ensure that tax laws are duly followed.

Intellectual Property Advisory Services

Our IP Experts assist in IP Compliance. We assist in getting IP registration by filling out applications for registration and compiling relevant Documents. Our team of IP experts also advice on IP compliance and IP Protection. We also assist in enforcing IP rights against any infringement.


Key factors making Vietnam an attractive location for business expansion and development are that it requires low cost to start a business, it has regulations that encourage foreign investment and the Vietnam government is open to the global economy. It is strategically located with direct access to the world’s main shipping routes. It also has stable GDP growth, a stable political and economic environment, and competitive labor costs.

It is important for a foreign investor in Vietnam to examine the foreign ownership rules depending upon the type of business through which one is willing to conduct business in Vietnam. It is also important to examine the timing for getting operations up and running and the limitations of infrastructure and transportation.

The corporate tax rate prevalent in Vietnam is 20%.

The registration process takes approximately one month. If additional licenses are required to operate the business then the process can take three to four months.

The benefits of opting for Enterslice for your business set-up in Bangladesh are as follows:

i. Professional Support

ii. 24*7 Customer Support

iii. Highly Integrated IT Team

iv. Competent Team of Lawyers, CAs, Cost Accountants, CSs, and CPAs.

v. All-inclusive solution for our clients.

Our Offerings

Why choose Us

15+ years of Industry Experience.
Global Network of CA’s , CPA’s, and Attorneys’
Million Satisfied Clients.
Globally recognized consultancy with a presence over 22+countries.

Why Enterslice

24x7 Client relationship support desk.

Tech-enabled service delivery platform.

Dedicated foreign Investment desk.

50,000+ Network of Attorneys/CPA/CA/CFA.

Strong team of Inhouse Advocates/CA/CPA/CFA


Individual and Dedicated professionals on every assignment.

We register 100+ Companies every Month

Connect with Enterslice today to connect with our team of Skilled Professionals, to avail any of our Premium Services.

If you have any queries related to the Process, feel free to contact us. We will provide
you with immediate help.

We partner with more than 100+ companies

-- Testimonials

Don't take our word for it

In the news

Get Started Live Chat

Get Expert Guidance