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How a Vietnam Lawyer Assists in Company Formation and Licensing

Starting a company in Vietnam is an exciting business opportunity, but it can also be a complex legal challenge. The process involves numerous legal steps, such as choosing the right type of business entity, preparing corporate documents, registering with the authorities, obtaining business licenses, and complying with tax and labor regulations.  In case you need advice, please contact Apolo Lawyers via email at contact@apolo.com.vn or Hotline (+84) 903 419 479 for the best advice and support.

1. Understanding Company Formation in Vietnam

Company formation in Vietnam requires compliance with the Law on Enterprises, the Law on Investment, and other related regulations. The most common types of business entities are:

  • Limited Liability Company;

  • Joint Stock Company;

  • Partnership;

  • Private Enterprise. 

Each type has different requirements regarding ownership, capital contribution, governance structure, and tax obligations. A Vietnam lawyer can advise you on which legal structure best suits your business goals, liability preferences, and funding strategy. This initial guidance is crucial to avoid costly changes or restructuring later.

How a Vietnam Lawyer Assists in Company Formation and Licensing

How a Vietnam Lawyer Assists in Company Formation and Licensing

2. The Role of a Vietnam Lawyer in Business Licensing

In addition to registering a company, many industries in Vietnam require specific business licenses or permits before operations can begin — such as trading licenses, construction permits, food safety licenses, education licenses, and more.

A Vietnam lawyer will:

  • Identify all licenses your business needs;

  • Prepare and submit complete license application documents;

  • Communicate with government agencies on your behalf;

  • Monitor the licensing process and respond to any legal queries;

  • Ensure that licenses are granted in compliance with regulations. 

This legal support significantly reduces the risk of license rejection or delays, helping your business launch on schedule.

4. Ensuring Compliance with Vietnamese Corporate Laws

Compliance does not end after you establish a company. Vietnamese companies are subject to ongoing obligations, including tax filings, labor contracts, social insurance contributions, and annual reports.

A knowledgeable Vietnam lawyer can:

  • Draft corporate charters and internal regulations

  • Review labor contracts and employment policies

  • Advise on corporate governance and shareholders’ rights

  • Assist with tax registration and reporting requirements

  • Ensure your company operates in full legal compliance

Having legal guidance from the beginning helps you build a strong foundation and avoid penalties or future legal disputes.

How a Vietnam Lawyer Assists in Company Formation and Licensing

How a Vietnam Lawyer Assists in Company Formation and Licensing

5. Handling Foreign-Invested Company Formation

Foreign investors face additional legal hurdles, such as obtaining an Investment Registration Certificate (IRC) and an Enterprise Registration Certificate (ERC) from the Department of Planning and Investment.

A Vietnam lawyer experienced in foreign investment can:

  • Draft investment project proposals;

  • Prepare all required bilingual application documents;

  • Coordinate with authorities to obtain the IRC and ERC;

  • Provide legal advice on foreign ownership limits, capital contribution, and profit repatriation;

  • Support with opening bank accounts, hiring staff, and registering for tax and social insurance. 

This specialized support ensures your investment project meets all legal standards from the very beginning.

Apolo Lawyers is a trusted law firm in Vietnam with extensive experience assisting both local and foreign clients in establishing and licensing their businesses. Our services include:

  • Legal consultation on choosing the appropriate business structure

  • Preparing and submitting company registration applications

  • Obtaining investment and business licenses

  • Drafting corporate charters, shareholder agreements, and internal regulations

  • Advising on labor, tax, and compliance obligations

  • Representing clients in communication with Vietnamese authorities

With a team of highly skilled and dedicated Vietnam lawyer professionals, Apolo Lawyers is committed to helping you build a legally compliant and successful business in Vietnam. If you still have any questions, do not hesitate to contact Apolo Lawyers – Solicitors & Litigators. Hotline: (+84) 903. 419. 479 and Email contact@apolo.com.vn to be supported and helped in the most optimal way.

>>> Read more: Registration of change of land

>>> Read more: Briefing on regulations regarding real estate purchase in Vietnam

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