Starting a business in Vietnam can be a daunting task, especially if you are unfamiliar with the legalities and paperwork involved. Fortunately, registering an LLC in Vietnam is relatively straightforward and the process can be completed in a few simple steps.
An LLC, or Limited Liability Company, is a popular form of business structure in Vietnam. It is a separate legal entity from the owner, meaning that any debts or obligations incurred by the company are not the personal responsibility of the owner. This makes an LLC an attractive option for many business owners.
Before registering an LLC in Vietnam, you will need to decide on a name for the company. The name must be approved by the Department of Planning and Investment (DPI) and should not be the same as any other business in the country.
You must also select a business address in Vietnam [Link to our other article about Business addresses], which the DPI will need to register the company.
Once you have chosen a name and address, you can begin the process of registering your LLC in Vietnam.
The following steps will guide you through the process.
Apply for Approval from the DPI
The first step in registering an LLC in Vietnam is to apply for a business license from the DPI. This application must include the following documents:
- A copy of the company’s charter
- A copy of the company’s procedures and policies
- A detailed description of the company’s business operations
- A list of all shareholders and their respective shares
- A copy of the company’s registration certificate
- A copy of the company’s tax registration certificate
- A copy of the company’s bank account details
Submit the Necessary Documents
Once the application has been approved by the DPI, you must then submit the necessary paperwork to register the company. This includes:
- A copy of the company’s charter
- A copy of the company’s procedures and policies
- A list of all shareholders and their respective shares
- A copy of the company’s registration certificate
- A copy of the company’s tax registration certificate
- A copy of the company’s bank account details
Register with the Tax Office
Once the registration documents have been submitted to the DPI, you must then register the company with the Tax Office.
This will require the submission of the following documents:
- A copy of the company’s charter
- A copy of the company’s registration certificate
- A copy of the company’s tax registration certificate
- A copy of the company’s bank account details
Finalize the Registration
Once the registration has been approved by the Tax Office, the company must then be registered with the Ministry of Planning and Investment.
This process includes:
- A copy of the company’s charter
- A copy of the company’s registration certificate
- A copy of the company’s tax registration certificate
- A copy of the company’s bank account details
- A copy of the company’s procedures and policies
- A list of all shareholders and their respective shares
Obtain a Business License
The final step in registering an LLC in Vietnam is to obtain a business license.
This requires the submission of additional documents such as:
- A copy of the company’s charter
- A copy of the company’s registration certificate
- A copy of the company’s tax registration certificate
- A copy of the company’s bank account details
- A copy of the company’s procedures and policies
- A list of all shareholders and their respective shares
- A copy of the company’s business license
Once all of the necessary documents have been submitted and approved, the company is officially registered as an LLC in Vietnam.
Registering an LLC in Vietnam can be a complicated process, and it can be difficult to keep track of all the documents required.
The experienced team at Metasource can help guide you through the entire process and ensure that your company is registered as quickly and efficiently as possible.
