Company/ Representative Office Formation

Expand your market presence and drive business growth across Vietnam.

Empowering Your Next
Big Business Move

Business Model Consulting

Guiding businesses to choose the most suitable structure (100% foreign-owned, joint venture, representative office or branch) and providing related legal advisory.

Legal Paperwork

Prepare documents, draft contracts, file applications, and liaise with government agencies until approval is secured.

Post-Establishment Support

Assistance with company seal, tax registration, bank account setup, and initial legal compliance advisory.

Seamless Market Expansion with FISC

Proven Experience

With over 30 years helping businesses navigate procedures, FISC ensures smooth and confident market entry in Vietnam.

operational efficiency

Well-managed workflows with clear cost and timeline estimates, minimizing delays and keeping every stage on track so you can plan confidently.

Personalized Solution

Strategic guidance designed to align with your specific needs, background, and timeline.

End-to-End Services

From business registration to visa and work permit arrangements, we provide full support to ensure all needs of foreign directors and staff are fully met.

Frequently Asked Questions

How much capital is required to establish a company?

Currently, Vietnamese law does not prescribe a general minimum capital requirement for all foreign investors. The registered capital will depend on the scale of operations, hiring plans, operating costs, and the investor’s ability to demonstrate financial capacity.

Only business sectors subject to legal capital requirements require enterprises to declare capital in accordance with the applicable regulations. In these cases, the enterprise is not required to prove the source of funds, but must be responsible for the declared capital amount and ensure sufficient deposit or escrow capital if the relevant business sector has such specific requirements.

Which model should a foreign investor choose to establish a presence in Vietnam?

Depending on their strategic objectives in Vietnam, foreign enterprises can flexibly choose the most suitable form of presence.

Representative office: Suitable when the enterprise only needs to conduct market research, promote trade activities, and meet with partners.
Branch: An optimal choice when the enterprise already has a parent company overseas and wants to establish a presence in Vietnam with a broader legal scope to conduct permitted commercial activities.
Foreign-invested company: A business model operating as an independent legal entity, allowing the investor to directly conduct business, sign contracts, issue invoices, and generate revenue in Vietnam.

Should investors establish a 100% foreign-owned company or a joint venture company?

The choice between a 100% foreign-owned company and a joint venture company depends on the desired ownership ratio, business sector, market access conditions, and cooperation strategy in Vietnam.

If the investor wants full control over the entire business operation, including capital, management, and operations, the 100% foreign-owned company model is usually more suitable. Conversely, if the investor wants to cooperate with a Vietnamese partner to leverage local market experience, customer networks, or legal advantages in certain business sectors, establishing a foreign joint venture company may be considered.

What do foreign investors need to prepare when establishing a foreign-invested company in Vietnam?

Foreign investors typically need to prepare the proposed company name, information about the business lines, registered office address, investment capital, ownership structure, legal representative, and documents proving financial capacity.

In addition, choosing the right business model from the beginning is also very important. Selecting the appropriate model will make the process of preparing documents, applying for licenses, and implementing business operations in Vietnam smoother.

Can a company or representative office recruit foreign employees to work in Vietnam?

Yes. Foreign-invested companies, branches, and representative offices in Vietnam may recruit or receive foreign employees, provided that they comply with Vietnamese law.

The required procedures typically include:

Applying for approval of the demand to use foreign labor.
Ensuring that the foreign employee has a work permit and a temporary residence card.
Signing an employment contract.
Obtaining an assignment/secondment decision if the employee is transferred internally within a corporate group.