Vietnam - Business Set up with confidence

• Company registration
• Lease assistance
• Bank account opening
• Acting legal representative & corporate governance

Minimum capital requirements

For most sectors and business lines, Vietnam requires no minimum capital requirements. However, the registered capital will be assessed by The Department of Planning and Investment for whether it is adequate to cover the expenses of the business until it generates enough revenue to cover its costs. It is possible to setup a basic business services company with less than USD 15,000 in some cases, but in most cases it would be at or above this threshold, depending on the nature of the business.

It is best to verify whether your business may require minimum capital investment however, given that some industry sectors (business lines) do have requirements. Examples include:

• Finance, Banking, Insurance and Fin-tech;
• Language centers or Vocational schools; and,
• Medical clinics.

Amount of registered capital that is selected and eventually approved, will be stated on your Business Registration Certificate, which will likely be viewed and known to companies that you do business with. Therefore, a higher amount of registered capital might in some cases bear positive effects for a firm, in terms of how a business is viewed by companies that it deals with. Changing the amount of registered capital after initial business registration, requires a formal application procedure to amend your corporation’s documents.