Registering a Vietnamese company
🌏 1、 Core Advantages of Vietnam's Investment Environment (2025 Policy Update) 1 Accelerated release of policy dividends

Tax incentives increase:

High tech enterprises: Enterprise income tax reduced to 10% (standard tax rate of 20%), export value-added tax 0%;

Special Economic Zones (such as the Maritime Defense Free Trade Zone): Implement "4-year full exemption+9-year halving" of income tax, and foreign experts enjoy visa free residence;

R&D incentive: R&D expenses are deducted at 200% before tax (Law No. 180 of 2025).

Accelerate administrative reform:

The local approval cycle has been shortened by 50% (Hanoi/Haiphong pilot), and the entire registration process for foreign-funded enterprises has been compressed to 14-30 days;

The Haiphong Free Trade Zone has implemented "one-stop approval", reducing document submission by 40%.

Financial support upgrade:

In public-private partnership (PPP) projects, the state bears 70% of the funding for technology projects and shares the revenue risk for the first three years.

2. Industry and location advantages

Supply chain status:

The world's second largest exporter of smartphones, ranked among the top ten in semiconductor exports globally, with a 78% dependence on Sino Vietnamese components;

With the help of 16 free trade agreements (including CPTPP and RCEP), the cost of exporting tariffs to Europe and the United States has been reduced by 30%.

Emerging trend areas:

Digital economy: increasing by 20% annually, the data center market is expected to reach $1.4 billion by 2029;

New energy: In 2024, wind power equipment imports from China will exceed 1 billion US dollars, and priority will be given to land discounts.

📊 2、 Comparison and Selection Guide for Company Types (2025 Adaptation Version) 1 Mainstream company types and applicable scenarios
type Shareholder/Capital Requirements Scope of responsibility Core strengths Applicable scenarios
Limited Liability Company (LLC) 1-50 people (nationality not limited), recommended registered capital ≥ 100000 US dollars (manufacturing industry) limited liability Simple structure, efficient decision-making, and light tax burden Manufacturing, trade, small and medium-sized foreign-funded enterprises
Joint Stock Company (JSC) ≥ 3 people (unlimited) with a listing threshold of $430000 limited liability Capable of public offering and strong financing capability Medium to large enterprises and companies planning to go public
Representative Office (RO) The parent company has no registered capital requirement for wholly-owned ownership Market research only Low cost, fast setup (7 days) Market testing period enterprises
Wholly Foreign Owned Enterprise (WFOE) 100% foreign controlling capital requirement is the same as LLC limited liability Independent operation without local constraints

💡 Selection strategy:

Trial market: preferred representative office (prohibited from operation) or LLC (low-cost and fast landing);

Long term deep cultivation: choose LLC for manufacturing industry, JSC for financing demand enterprises;

Restricted industries (such as advertising and telecommunications): Joint ventures must be established (with Vietnam holding ≥ 51% of the shares).

⚠️ 3、 2025 Registration Core Requirements and Risk Avoidance 1 Exclusive threshold for foreign investment

Registered capital

Manufacturing/trade category: ≥ 100000 US dollars (initial 30% operational);

Service category: ≥ 3000 USD (100% paid in within 90 days).

Compliance Enhancement:

Disclosure of Beneficial Ownership: Starting from July 2025, it will be mandatory to register the information of the ultimate controller (including shareholding ratio and identification documents);

Authenticity of Address: The manufacturing industry must have a physical address in the industrial park (requiring an environmental impact assessment report), and false reporting will result in revocation of the license.

2. Industry Access and Restrictions

Encouraged areas:

Semiconductor (Da Nang Free Trade Zone), high-end manufacturing (Haiphong), new energy (Pingshun Province);

Restricted areas:

❌ Prohibited categories: casinos, asbestos production;

⚠️ Joint venture requirements: Telecommunications (Vietnam ≥ 51%), Advertising (foreign investment ≤ 49%).

📍 4、 Regional policy dividends and industrial adaptation 1 Comparison of advantages in key regions
region Policy Highlights Adapt to the industry tax incentives
Coastal Defense Free Trade Zone Expert visa free, simplified approval by 50% Port logistics, high-end manufacturing 4-year tax exemption+9-year halving
Da Nang City Cross border free flow of data Financial technology and IT outsourcing Enterprise income tax 10%
Beining Province Samsung supply chain aggregation, full process approval tracking Electronic assembly, semiconductor Reduce logistics costs by 15%
2. Architectural design suggestions

Recommended path: China Holdings → Hong Kong/Singapore companies → Vietnamese entities (using tax treaties to reduce dividend withholding tax to 0%);

Fund management: Prioritize local banks in Vietnam (such as Vietcombank) or Chinese branches to avoid foreign exchange controls.

⏳ 5、 Registration Process and Timeframe (2025 Optimized Version)

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Total cycle: 28-45 days (manufacturing industry extended by 10-15 days due to environmental impact assessment);

Urgent channel: Entrusting an agent can be shortened to 14 days (local relationship required).

❗ 6、 Key points of risk avoidance and compliance

Capital compliance:

Excessive registered capital will result in visa rejection and capital increase review. It is recommended to match actual needs;

Labor management:

Mandatory payment of 17% of wages for social security, and a tiered tax rate of 5% -35% for foreign employees' individual income tax;

Annual maintenance:

Foreign funded enterprises must undergo annual audits, with a penalty of approximately 5% of revenue for overdue payments;

Update the Investment Preferential Certificate every 3 years (if applicable for tax exemptions).

Hongyuan International | One stop Service Expert for Enterprises Going Global

H & Y  INTERNATIONAL 

core business

✅ Overseas company registration (Hong Kong, Singapore, etc.)

✅ Overseas bank account opening and secretarial services

✅ International tax planning and cross-border financial and tax services

✅ Overseas architecture design and overseas investment filing

✅ Global Intellectual Property and Identity Planning

Service Advantages

-Professional integrity and efficiency: With over 15 years of industry experience, we focus on the global development of enterprises

-One stop solution: from registration to architecture, finance and taxation, identity, covering the entire process

-Butler style customized service: one-on-one professional consultant, tailored overseas plan

-Word of mouth guarantee: helping enterprises expand steadily and win industry trust

Service Advantages

📞 Hotline: 400 118 5939 138 2880 5818 (same as WeChat for mobile phones)

🌐 Service philosophy: Professional planning, efficient execution, helping enterprises set sail globally!  

 
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