Vietnam Company Registration

Vietnam Company Registration

Since joining the WTO, Vietnam's market has opened up, allowing foreign investors to fully invest in local projects. Driven by abundant labor resources, the economy is steadily growing. With a burgeoning middle class and a population nearing 100 million, Vietnam's purchasing power is on the rise, creating a significant domestic demand. As a result, Vietnam has become a rapidly growing consumer goods market.

I. Vietnam's Investment Environment Introduction and Advantages

  • Location
    Its close location to China, Cambodia, the Philippines, and key maritime routes makes it an essential center for regional trade and investment.
  • Economic Growth
    Strong economic performance marked by sustained annual GDP growth that consistently exceeds the regional average.
  • FTA Network
    Has signed more than 18 free trade agreements, offering trade benefits to countries across the Asia-Pacific, ASEAN, Europe, and other global regions.
  • International law
    A member of the World Trade Organization and a signatory to the majority of key international conventions, protocols, and agreements on intellectual property protection.

II. Main Types of Foreign Investment Companies in Vietnam

  • Limited Liability Company (LLC)
    In Vietnam, the limited liability company (LLC) is the most popular legal structure, especially ideal for small and medium enterprises (SMEs). Its straightforward framework enables a single investor to create a company with just one founder, with a maximum of 50 members. LLCs allow for flexible capital contributions and provide rights and responsibilities akin to those of shareholders.
  • Representative Office
    For foreign investors aiming to explore the local market and establish a presence before expanding their operations, setting up a representative office (RO) in Vietnam is a great choice. While representative offices are not allowed to engage in profit-generating activities, they can focus on tasks such as business development, marketing, and conducting market research for the parent company.

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