Setting up a company in Vietnam is more than completing a registration procedure. Before starting the process, foreign investors should understand the broader business and compliance requirements.<\/p>\n\n\n\n
Here are five areas to consider.<\/p>\n\n\n\n
1. Start with the right business model<\/strong><\/p>\n\n\n\n Before applying for a license, clarify what you actually want to do in Vietnam.<\/p>\n\n\n\n Your business activities, target customers, investment structure and operating model can affect the appropriate setup and licensing requirements.<\/p>\n\n\n\n 2. Check licensing and business lines carefully<\/strong><\/p>\n\n\n\n Different activities may have different licensing or market-access considerations.<\/p>\n\n\n\n It is important to identify the intended business activities and relevant requirements before submitting the application.<\/p>\n\n\n\n 3. Plan accounting and tax from the beginning<\/strong><\/p>\n\n\n\n Company establishment is only the beginning.<\/p>\n\n\n\n After establishment, the company may have accounting, tax reporting, VAT, CIT, PIT and other compliance responsibilities.<\/p>\n\n\n\n Understanding these obligations early can help investors avoid unnecessary problems later.<\/p>\n\n\n\n 4. Think about HR and payroll<\/strong><\/p>\n\n\n\n If you plan to hire employees in Vietnam, you should consider employment contracts, payroll, personal income tax and social insurance requirements.<\/p>\n\n\n\n If you plan to bring foreign employees to Vietnam, visa and work permit matters should also be considered.<\/p>\n\n\n\n 5. Think beyond company formation<\/strong><\/p>\n\n\n\n A company may receive its license, but the business journey continues.<\/p>\n\n\n\n Foreign investors may need ongoing support with tax, accounting, HR, payroll, immigration, compliance, recruitment and other local matters.<\/p>\n\n\n\n At VIETNAM MANUAL, we support foreign investors at both the pre-establishment and post-establishment stages.<\/p>\n\n\n\n Business Model \u2192 Licensing \u2192 Accounting & Tax \u2192 HR & Payroll \u2192 Visa & Work Permit \u2192 Compliance \u2192 Local Support<\/strong><\/p>\n\n\n\n Getting the foundation right can make the journey much easier.<\/p>\n\n\n\n VIETNAM MANUAL \u2013 Your Partner for Doing Business in Vietnam.<\/strong><\/p>\n\n\n\n If you are considering setting up a business in Vietnam, let’s have a coffee and discuss your plan. \u2615\ud83c\uddfb\ud83c\uddf3<\/p>","protected":false},"excerpt":{"rendered":" Setting up a company in Vietnam is more than completing a registration procedure. Before starting the process, foreign investors should understand the broader business and compliance requirements.<\/p>","protected":false},"author":1,"featured_media":6067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[152,153],"tags":[],"class_list":["post-6066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doing-business-in-vietnam","category-vietnam-news"],"_links":{"self":[{"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/posts\/6066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/comments?post=6066"}],"version-history":[{"count":2,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/posts\/6066\/revisions"}],"predecessor-version":[{"id":6069,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/posts\/6066\/revisions\/6069"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/media\/6067"}],"wp:attachment":[{"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/media?parent=6066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/categories?post=6066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/tags?post=6066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}