FDI COMPANY ESTABLISHMENT SERVICES IN VIETNAM (2026): ESTABLISHMENT OF FOREIGN-INVESTED ENTERPRISES
In the context of Vietnam’s increasingly open and globally integrated economy, the demand for establishing foreign-invested enterprises continues to rise. Although the Vietnamese market offers attractive opportunities, the legal procedures applicable to foreign investors are generally more complex than those for domestic enterprises. Therefore, what are the conditions, procedures, and required documents for establishing a 100% foreign-owned enterprise in Vietnam? Let us explore the details in the following article.
Clients interested in support services for establishing a foreign-invested 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. What Is a Foreign-Invested Enterprise
According to the Law on Investment 2020 of Vietnam, a foreign-invested enterprise (FIE) is an enterprise established in Vietnam with the participation of foreign investors (individuals or foreign organizations) through capital contribution, share purchase, capital contribution purchase, or direct establishment of an enterprise to conduct business activities in Vietnam.
Foreign investors may invest in Vietnam through the following forms (pursuant to Article 24 of the Law on Investment 2020):
- Establishing an economic organization (i.e., setting up a new company with foreign investment);
- Contributing capital, purchasing shares, or acquiring capital contributions in a Vietnamese company;
- Implementing an investment project;
- Conducting business cooperation under a Business Cooperation Contract (BCC);
- Other forms of investment as prescribed by the Government.
Therefore, to establish a foreign-invested company in Vietnam, foreign investors may choose one of two common methods: (i) contributing capital, purchasing shares, or acquiring capital contributions in an existing Vietnamese company, or (ii) establishing a new economic organization with foreign investment.
II. Conditions for Establishing a Foreign-Invested Company in Vietnam
Foreign individuals and organizations wishing to establish a foreign-invested company in Vietnam must satisfy the following conditions:
- The investor must have a nationality (for individual investors) or a head office (for organizational investors) located in a country or territory that is a member of the World Trade Organization (WTO).
- Have a location for implementing the investment project and a company headquarters that are suitable for the registered investment objectives and intended business activities.
- Not register for business lines prohibited from investment and only register for business sectors that Vietnam has committed to opening to foreign investors under its WTO commitments.
- Possess sufficient financial capacity to carry out the investment project and be able to provide documents proving such financial capability.
III. 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.
IV. Required Documents for Establishing a 100% Foreign-Owned Enterprise in Vietnam
The application dossier for establishing a 100% foreign-owned enterprise includes the following documents:
- Application for enterprise registration.
- Charter of the 100% foreign-owned company.
- List of members (for a limited liability company) or list of founding shareholders and foreign investor shareholders (for a joint-stock company).
Copies of the following documents must also be prepared:
- Citizen Identification Card, Identity Card, or Passport of individual members/shareholders.
- Establishment Decision, Enterprise Registration Certificate of the organization, and authorization letter; legal personal identification documents of the authorized representative of organizational members/shareholders.
- The Enterprise Registration Certificate or equivalent documents of a foreign organization must be legalized through consular legalization procedures.
- Investment Registration Certificate (IRC) for foreign investors.
V. Procedure for Establishing a 100% Foreign-Owned Company in Vietnam
Step 1: Applying for an Investment Registration Certificate (IRC)
When a foreign investor wishes to establish a company in Vietnam, they must first carry out the procedure for obtaining an Investment Registration Certificate (IRC).
Step 2: Submission of the Application Dossier for the Investment Registration Certificate
The investor shall submit one set of application documents to the Department of Finance (formerly the Department of Planning and Investment). The dossier includes:
- A written request for implementation of the investment project.
- Legal documents of the investor.
- Documents proving the investor’s financial capacity.
- Investment project proposal or pre-feasibility study report.
- Documents proving land use rights or an agreement for leasing the project location.
- Explanation of the technology used in the investment project (if applicable).
- Business Cooperation Contract (BCC), where the investment project is implemented under a BCC.
- Documents proving that the investor satisfies specific investment conditions, if any.
Step 3: Review and Issuance of the Investment Registration Certificate (IRC)
Within 15 working days from the receipt of a valid application dossier, the investment registration authority shall issue the Investment Registration Certificate (IRC) if the investment project satisfies the following conditions:
- It does not fall under sectors prohibited from investment and business activities.
- It has a lawful investment location with valid supporting documents or a lease agreement.
- It complies with the local planning and development regulations.
- It satisfies requirements relating to land area, investment capital ratio, and labor usage (if required by the local authorities).
- It meets market access conditions applicable to foreign investors (if any).
VI. Procedures for Establishing a 100% Foreign-Owned Company in Vietnam
After obtaining the Investment Registration Certificate (IRC), the foreign investor must complete the following procedures to establish a 100% foreign-owned enterprise.
Step 1: Preparation of the Enterprise Registration Dossier
The required application dossier includes:
-Application for enterprise registration.
- Company charter.
- List of members/founding shareholders who are foreign investors.
- Certified copies of the passport (for individual investors) or the Enterprise Registration Certificate and Establishment Decision (for organizational investors).
- Letter of authorization and identification documents of the authorized representative.
- Investment Registration Certificate (IRC).
- Documents of foreign organizations must be legalized through consular legalization procedures, translated into Vietnamese, and notarized/certified in accordance with Vietnamese regulations.
Step 2: Submission of the Enterprise Registration Dossier
The application dossier shall be submitted to the competent authority.
- Place of submission: Business Registration Division under the Department of Finance where the company’s head office is located (formerly under the Department of Planning and Investment).
- Processing time: Approximately 5–7 working days from the date of receipt of a valid dossier.
Step 3: Publication of Enterprise Registration Information
After obtaining the Enterprise Registration Certificate (ERC), the enterprise must publicly disclose its registration information on the National Business Registration Portal.
- Time limit: Within 30 days from the date of issuance of the ERC.
- Responsible authority: Publication Section of the Business Registration Division.
Step 4: Company Seal
This is the final administrative step in the process of establishing a 100% foreign-owned company. After obtaining the Enterprise Registration Certificate and completing the enterprise information publication procedure, the company shall proceed with making its legal seal and notifying the seal specimen on the National Business Registration Portal.
The enterprise has the right to decide the form, content, and quantity of its company seals.
Processing time: Approximately 5 - 8 working days.
Step 5: Capital Contribution and Implementation of the Investment Project
The foreign investor must contribute the full registered charter capital within 90 days from the date of issuance of the Enterprise Registration Certificate (ERC) and proceed with the implementation of the investment project in accordance with the registered objectives and schedule.
Prospective clients seeking assistance with procedures for establishing a foreign-invested 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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