Setup a New Company in Vietnam.
Vietnam is increasingly open for business and investment. Starting your business in Vietnam can be the path to lower costs, a new market and other opportunities.
Metasource offers simple direct advice to start your operations in Vietnam. We provide the help you need to understand your options, obtain your business license and complete the registration of your own company.
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Vietnam Company Registration Options
Limited Liability
A limited liability company (LLC) is a type of business structure that combines the benefits of a partnership or sole proprietorship with the limited liability protection of a corporation.
Representative Office
A representative office is a type of business structure that allows a foreign company to establish a presence in a different country without forming a separate legal entity.
Joint-stock Company
A branch office is a type of business structure that allows a company to establish a physical presence in a different location or jurisdiction.
Employer of Record
In some cases, our EOR service can perfectly replace some Representative offices or LLC structures, saving lots of time with management and compliance. Contact us to know more.
Limited Liability Company
LLC in Vietnam is perfect for foreigners wanting to observe & conduct research on the local market. Furthermore, it allows you to gain market presence for the parent company, before fully expanding into Vietnam. Features of the Representative Office:
- Limited liability for the amount of capital contribution
- Can have foreign ownership, subject to certain restrictions and conditions
- Members can be individuals or legal entities
- Minimum of one and maximum of 50 members
- Capital contribution can be in cash or assets
Representative Office
A representative office in Vietnam is perfect for foreigners wanting to observe & conduct research on the local market. Furthermore, it allows you to gain market presence for the parent company, before fully expanding into Vietnam. Features of the Representative Office:
- Profit Generating Activities notallowed
- Role of Contact Office for parent Company
- Conduct Market Research
- Limited liability for parent company
Joint-stock Company
JSC is recommended for medium and large-sized businesses as its corporate structure is complicated and requires a minimum of three founders. Featured:
- Can offer greater liquidity for shareholders compared to LLCs
- Can have unlimited shareholders, both individuals and legal entities
- Can issue different types of shares
- Must have a board of directors and a supervisory board, hold at least one annual general meeting of shareholders.
Employer of record
An Employer of Record (EOR) is a type of legal structure that allows a company to expand their business into a new market without the need for setting up a separate legal entity. Unlike LLCs, Joint Stock Companies or Representative Offices, an EOR takes care of all the legal, administrative, and HR requirements on behalf of the client company. This means that the client company can focus on its core business operations without the additional responsibilities of legal compliance, payroll, tax, and immigration issues.
- Free to setup
- Quick and easy setup
- Cost-effective and efficient solution for global expansion
- Takes care of legal compliance, HR, and administrative tasks
- Offers greater flexibility and scalability for adjusting workforce size
- Allows the client company to focus on core business operations.
Schedule a free 30-minute consultation on doing business in Vietnam.
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"Metasource has been supporting us building our tech team in Vietnam from scratch without hiccups. We've grown an amazing team of 40 engineers, in less than 2 years."
"Metasource help us initially Hosting our team, then creating our Vietnamese branch and run daily administration."