Setting up a 100% foreign-owned company in Vietnam is one of the most effective ways for international investors, entrepreneurs, and expats to establish a long-term legal presence in one of Asia’s fastest-growing economies.

However, the process can be complex, involving multiple government departments, strict compliance requirements, legal documentation in Vietnamese, and coordination between investment, licensing, tax, and banking authorities.

This is where SJP Consultancy delivers real value.

We provide a fully managed, end-to-end company registration service, ensuring that your business is:

    • Legally compliant from day one
    • Structured correctly for your industry
    • Approved efficiently without unnecessary delays
    • Fully operational with tax and banking systems in place

Our role is simple:
πŸ‘‰ You focus on building your business β€” we handle everything else.

πŸ† WHY SET UP A 100% FOREIGN-OWNED COMPANY IN VIETNAM?

Vietnam continues to attract foreign investors due to its strong economic growth, stable political environment, and business-friendly policies.

βœ” Key Benefits

Full Ownership & Control

You retain 100% ownership of your company, meaning:

  • No local partner required
  • Full decision-making authority
  • Complete control over profits and operations

Legal Residency & Long-Term Stability

Owning a company allows you to:

  • Apply for Investor Visa (DT Visa)
  • Obtain Temporary Residence Card (TRC)
  • Establish long-term presence in Vietnam

Access to the Vietnamese Market

Vietnam offers:

  • A population of over 100 million
  • Rapidly growing middle class
  • Strong demand for services, technology, education, and trade

Ability to Invoice & Generate Revenue

Unlike Representative Offices:

  • You can legally trade, invoice, and generate profit
  • Open corporate bank accounts
  • Sign contracts under your company name

Scalable Business Structure

A 100% foreign-owned LLC allows:

  • Expansion into new sectors
  • Addition of shareholders
  • Future investment or sale

🏒 SJP’S COMPLETE COMPANY SET-UP PROCESS

We follow a structured, transparent 6-stage process, ensuring clarity at every step.

βš™οΈ STEP 1: FREE CONSULTATION & BUSINESS PLANNING

We begin with a detailed consultation to understand:

    • Your business model
    • Intended activities
    • Target market
    • Ownership structure
    • Long-term goals

βœ” What We Do

    • Advise on legal feasibility
    • Recommend correct VSIC business codes
    • Structure your company for approval success
    • Identify any restricted or conditional sectors

βœ” Communication

    • WhatsApp / Zalo / Email updates
    • Direct consultation with SJP advisor
    • Clear action plan provided within 24 hours

πŸ“„ STEP 2: DOCUMENT PREPARATION & LEGAL STRUCTURING

We prepare all required documentation in both English and Vietnamese.

βœ” Documents Include:

    • Investment project proposal
    • Company charter
    • Shareholder details
    • Financial capacity documents
    • Lease agreement support

βœ” What Clients Provide:

    • Passport copy
    • Proof of address
    • Basic business outline

πŸ‘‰ We handle 90% of the paperwork for you

πŸ›οΈ STEP 3: INVESTMENT REGISTRATION CERTIFICATE (IRC)

The IRC is issued by the Department of Planning and Investment (DPI).

βœ” Purpose

    • Official approval of foreign investment
    • Defines your business activities
    • Confirms ownership structure

βœ” Timeline

    • 15–25 working days (depending on sector)

βœ” SJP Role

    • Submit application
    • Liaise with authorities
    • Respond to queries
    • Ensure approval without delays

πŸ›οΈ STEP 4: ENTERPRISE REGISTRATION CERTIFICATE (ERC)

Once the IRC is approved, we register your company as a legal entity.

βœ” What You Receive

    • Official company registration
    • Tax identification number
    • Legal recognition to operate

βœ” Timeline

    • 5–7 working days

🏦 STEP 5: TAX, BANKING & COMPLIANCE SETUP

We ensure your company is fully operational.

βœ” Included Services

    • Tax registration with authorities
    • VAT activation
    • Digital signature (token)
    • Company seal
    • Corporate bank account support

βœ” Additional Support

    • Accounting setup
    • Invoice registration
    • Compliance advisory

πŸ“¦ STEP 6: FINAL HANDOVER & ONGOING SUPPORT

You receive a complete business package:

βœ” Handover Includes

    • IRC & ERC certificates
    • Company seal
    • Tax credentials
    • Digital signature
    • Full document file

βœ” Ongoing Support

    • Accounting & tax services
    • Work permits & TRC
    • Business expansion advice

πŸ’¬ CONTINUOUS CLIENT COMMUNICATION

At SJP, we understand that transparency and communication are critical.

βœ” How We Keep You Updated

      • Dedicated account manager
      • Weekly progress updates
      • Real-time messaging (WhatsApp / Zalo)
      • Immediate notification of approvals or issues

πŸ‘‰ You are never left guessing about your application status.

πŸ’° FULL COST BREAKDOWN (IN VND)

We believe in complete transparency β€” no hidden fees.

πŸ›οΈ GOVERNMENT FEES (Approximate)

Item Cost (VND)
Investment Registration Certificate (IRC) 3,000,000 – 5,000,000
Enterprise Registration Certificate (ERC) 1,000,000
Company Seal 500,000
Business License (if required) 3,000,000 – 10,000,000
Publication Fees 300,000
Tax Registration Included

πŸ‘‰ Estimated Government Total:
8,000,000 – 16,000,000 VND

πŸ’Ό SJP PROFESSIONAL SERVICE FEES

100% Foreign-Owned Company Set-Up Package

πŸ‘‰ 85,000,000 VND (All-Inclusive Service Fee)

βœ” Includes:

    • Full legal consultation
    • Document drafting (EN + VN)
    • IRC & ERC processing
    • Government liaison
    • Tax & compliance setup
    • Bank account assistance
    • Company seal & digital token
    • Ongoing advisory support

βœ” Total Investment

Category Cost (VND)
Government Fees 8M – 16M
SJP Fees 85M
Total Estimated Cost 93M – 101M VND

⚠️ IMPORTANT COMPLIANCE NOTES

To ensure a smooth approval:

    • Business activities must align with Vietnamese regulations
    • Office address must be valid and compliant
    • Certain industries require additional licensing
    • Capital contribution must be declared accurately

πŸ‘‰ SJP ensures all compliance requirements are met before submission.

πŸ”’ RISK MANAGEMENT & DUE DILIGENCE

Many foreign investors face delays or rejection due to:

      • Incorrect business codes
      • Poor documentation
      • Lack of legal understanding
      • Using unreliable agents

βœ” How SJP Protects You

      • Pre-submission compliance checks
      • Legal structuring for approval success
      • Direct handling of government queries
      • Transparent communication at every stage

πŸš€ WHO THIS SERVICE IS FOR

This service is ideal for:

      • Entrepreneurs starting a new business
      • Digital nomads seeking legal structure
      • Investors expanding into Vietnam
      • Consultants, IT professionals, traders
      • Foreign companies entering the market

πŸ“Š TIMELINE SUMMARY

Stage Time
Consultation & Planning 1–2 days
Document Preparation 3–5 days
IRC Approval 15–25 days
ERC Approval 5–7 days
Tax & Setup 5–10 days

πŸ‘‰ Total Estimated Timeline:
30–45 working days

🀝 WHY SJP IS DIFFERENT

Unlike basic agents, SJP provides:

βœ” Full Legal Strategy

We don’t just register companies β€” we structure them correctly.

βœ” Transparent Pricing

No hidden costs or unexpected charges.

βœ” End-to-End Service

From idea β†’ company β†’ fully operational business.

βœ” Long-Term Partnership

We support you beyond registration.