BUSINESS ESTABLISHMENT SERVICES IN VIETNAM (2026): REQUIREMENTS FOR ESTABLISHING A LIMITED LIABILITY COMPANY (LLC)
A limited liability company (commonly abbreviated as LLC) is a type of business organization established by individuals or organizations, in which the owners are called members. It is recognized by the Law on Enterprises and granted legal entity status. Below are the statutory regulations on the requirements for establishing a limited liability company.
Clients interested in support services for establishing a limited liability company in Vietnam (2026) may contact Dai Quang Minh Law Firm via Hotline: 0932 191 299; Zalo: 0932 191 299; Email: info@quangminhlawfirm.com; Viber: (+84) 337 926 405; WhatsApp: (+84) 337 926 405; WeChat: (+84) 337 926 405 (ID: pouniverse) for complimentary consultation and comprehensive, efficient, and accurate legal services.
In addition, Dai Quang Minh Law Firm provides a wide range of services, including sub-licenses, business registration, investment, foreign labor, and ongoing legal advisory services for both domestic and foreign enterprises.
Contact:
- Zalo: 0932.191.299
- Gmail: info@quangminhlawfirm.com
- Viber: (+84) 337926405/ (+84) 869672216
- WhatsApp: (+84) 337926405/ (+84) 869672216
- Wechat: (+84) 337926405 (ID: _pouniverse)/ (+84) 869672216 (ID:DQM_Verna)
- Telegram: (+84) 337926405/ (+84)869672216
I. Requirements for Establishing a Limited Liability Company (LLC)
In Vietnam, each type of business entity is subject to specific and distinct statutory requirements for establishment. The requirements to establish a limited liability company (including both single-member LLCs and multi-member LLCs with two or more members) include the following:
Firstly, the requirements regarding the owners/founders of the LLC must be satisfied. Pursuant to Article 17 of the Consolidated Law on Enterprises 2022, organizations and individuals have the right to establish and manage enterprises in the territory of Vietnam, except for the following entities who are prohibited from establishing and managing enterprises:
- State agencies and units of the People's Armed Forces using state assets to establish commercial enterprises for their own profit-making purposes;
- Cadres, officials, and civil servants in accordance with the law on cadres, officials, and civil servants;
- Officers, non-commissioned officers, professional military personnel, defense workers and employees serving in units of the People's Army of Vietnam; officers, non-commissioned officers, professional officers, and police workers serving in units of the People's Public Security of Vietnam, except for those appointed as authorized representatives to manage the State's contributed capital in other enterprises or to manage state-owned enterprises;
- Leadership and managerial executives in state-owned enterprises as prescribed in Article 88 of the Consolidated Law on Enterprises 2022, except for those appointed as authorized representatives to manage the State's contributed capital in other enterprises;
- Minors; persons whose civil act capacity is restricted or lost; persons facing difficulties in cognition or behavior control; and organizations without legal entity status as prescribed by the Civil Code 2015;
- Persons currently facing criminal prosecution under an effective court judgment, being detained, or serving imprisonment sentences; persons serving administrative handling measures at compulsory rehabilitation centers or compulsory educational institutions; persons banned by a court from holding certain positions, practicing certain professions, or performing certain jobs for a specified period; and other cases prescribed by the Law on Bankruptcy and the Law on Anti-Corruption. If requested by the Business Registration Office, the applicant must submit a judicial record (criminal record certificate) to the business registration authorities;
- Persons currently facing criminal prosecution under an effective court judgment, being detained, or serving imprisonment sentences; persons serving administrative handling measures at compulsory rehabilitation centers or compulsory educational institutions; persons banned by a court from holding certain positions, practicing certain professions, or performing certain jobs for a specified period; and other cases prescribed by the Law on Bankruptcy and the Law on Anti-Corruption. If requested by the Business Registration Office, the applicant must submit a judicial record (criminal record certificate) to the business registration authorities;
Secondly, the requirements regarding business lines must be satisfied. The business lines of the limited liability company must fall within the Directory of Business Lines permitted for registration and must not be prohibited by law. Current Vietnamese law prohibits business activities in the following fields:
- Trading in weapons, military equipment, ammunition, and military technical equipment serving the armed forces;
- Trading in narcotics, explosives, radioactive substances, and toxic chemicals;
- Prostitution services, human trafficking (women and children), and organizing prostitution;
- Gambling services, organizing gambling, or running gambling dens;
- Trading in hazardous or highly toxic chemicals;
- Trading in artifacts belonging to national culture, museums, and historical relics;
- Trading in reactionary, pornographic, or superstitious products, products harmful to personality education, and all types of firecrackers;
- Trading in wild flora and fauna listed in international treaties to which the Socialist Republic of Vietnam is a signatory or member.
In the event that an enterprise registers for business lines which require professional practice certificates by law, the managers and executives of the LLC must possess such professional certificates. Accordingly, Vietnamese law stipulates that professional certificates are mandatory for lines such as: Legal services, architectural/construction design, auditing, medical examination and treatment, pharmaceuticals, veterinary services, and securities brokerage.
Thirdly, the requirements regarding the company name must be satisfied. The name of a limited liability company must consist of two elements: the phrase “limited liability company” (the type of enterprise) and a proper name. The name of the LLC must not be identical, confusingly similar, or cause confusion with existing registered enterprises in the market; it must not violate fine traditions, customs, or historical culture; and it must not contain words or phrases related to state agencies or social organizations. For example: An Phat Limited Liability Company... Additionally, the headquarters of the limited liability company must not be located in an apartment building or multi-purpose residential buildings that are designated solely for residential use.
Fourthly, the requirements regarding capital (including charter capital, legal capital, and escrow deposits) must be satisfied. A limited liability company has the full right to determine its own charter capital. However, the following factors should be taken into consideration:
- The financial capacity of the members contributing capital to the company;
- The business lines/sectors in which the company operates;
- The actual business operational capacity of the company;
- The company's partners, clients, and projects.
At the same time, this capital must be fully contributed by the members within 90 days from the date the company is granted its Business Registration Certificate. The charter capital of the LLC must be at least equal to the legal capital or escrow deposit required for specific conditional business lines registered by the company.
II. Why choose Dai Quang Minh LawFirm
With years of practical experience in legal consulting, Dai Quang Minh Law Firm is a pioneer in corporate support services, specializing in fast and affordable company formation. Below are the reasons to choose business registration services at Dai Quang Minh Law Office:
Human Resources: Established in September 2009, with over 15 years of practical experience, Dai Quang Minh Law Firm brings together a team of lawyers and legal experts with long-standing expertise in private economic groups nationwide.
Consulting Policy: Clients are gifted a completely free legal consulting package when using services at Dai Quang Minh Law Firm.
Professionalism and Experience: Dai Quang Minh Law Firm has a workforce with in-depth knowledge of business formation, ensuring a swift and accurate consulting process.
Time-Saving: Using Dai Quang Minh Law Firm's services helps you save precious time as we handle the entire process and related procedures.
Legal Insight: Dai Quang Minh Law Firm ensures that all relevant legal regulations are strictly followed in accordance with the law.
Customization: Our consulting services are highly adaptable to your specific needs, allowing you to choose options suitable for your business.
Trusted Partner: Dai Quang Minh Law Firm has built a reputation for providing affordable business setup consulting to many enterprises and individuals nationwide.
Confidentiality Assurance: Dai Quang Minh Law Firm is committed to the absolute protection of your personal and business information.
Detailed Support: Dai Quang Minh Law Firm provides detailed advice and support regarding the process and requirements to help you better understand business formation.
Process Optimization: Our consulting helps optimize the business setup process, minimizing potential risks and difficulties.
Excellent Customer Experience: Dai Quang Minh Law Firm is dedicated to providing the best customer experience through professional advice and enthusiastic support.
Focus on Business Plans: By utilizing our registration services, you can focus on developing your business plans and core activities instead of worrying about legal procedures.
III. Composition of Application Dossier for LLC Establishment
The application dossier for the registration and establishment of a limited liability company shall comprise the following documents:
- An application form for registration of a single-member LLC or multi-member LLC (with two or more members) using the template provided in Circular 01/2021/TT-BKHĐT of the Ministry of Planning and Investment guiding enterprise registration;
- The Company Charter of the single-member LLC or multi-member LLC;
- The List of Members for a multi-member LLC;
- Legal documents of the individual acting as the legal representative of the company;
Legal documents of the individual members; or legal documents of the organizational members, along with the legal documents of their authorized representatives and the power of attorney/appointment letter for such representatives. In case the members are foreign organizations, their legal documents must be consularly legalized;
An Investment Registration Certificate (IRC) in case the company is established or participated in by foreign investors or foreign-invested international organizations;
A power of attorney/letter of authorization in case the applicant authorizes another person to perform the administrative procedures (this authorization document does not strictly require notarization or authentication).
IV. Process for Establishing a Limited Liability Company (LLC)
The sequence and procedures for registering the establishment of a limited liability company are as follows:
Step 1: Prepare the complete application dossier for the registration of the LLC. Then, submit the dossier to the competent authority. The competent authority in this case is the Business Registration Office (under the Department of Planning and Investment). The dossier can be submitted in person or via postal services.
Step 2: Receiving and processing the dossier in accordance with the law. The Business Registration Office will issue the Enterprise Registration Certificate (ERC) within 03 working days from the date of receiving a complete and valid dossier. If the dossier is invalid or the company name does not meet the requirements, the Business Registration Office must notify the founder in writing of the necessary amendments or supplements within 03 working days from the date of receipt. In case the dossier is submitted online through the National Business Registration Portal, if it is found incomplete or invalid, the Business Registration Office will issue an electronic notification to request amendments and supplements.
Step 3: Receive the result.
Prospective clients seeking assistance with procedures for establishing a limited liability company in Vietnam (2026) are kindly invited to contact Dai Quang Minh Law Firm via Hotline: 0932 191 299; Zalo: 0932 191 299; Email: info@quangminhlawfirm.com; Viber: (+84) 337 926 405; WhatsApp: (+84) 337 926 405; WeChat: (+84) 337 926 405 (ID: pouniverse) for complimentary consultation and comprehensive, efficient, and accurate legal services.
In addition, Dai Quang Minh Law Firm provides a wide range of services, including sub-licenses, business registration, investment, foreign labor, and ongoing legal advisory services for both domestic and foreign enterprises.
Contact:
- Zalo: 0932.191.299
- Gmail: info@quangminhlawfirm.com
- Viber: (+84) 337926405/ (+84) 869672216
- WhatsApp: (+84) 337926405/ (+84) 869672216
- Wechat: (+84) 337926405 (ID: _pouniverse)/ (+84) 869672216 (ID: DQM_Verna)
- Telegram: (+84) 337926405/ (+84) 869672216
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