Fees and timelines

Fees

pay by instalmentsThe average fee per engagement for a Vietnam limited liability company amounts to US$15,640 including Vietnam company incorporation, corporate bank account setup, legal registered office, project-management fees and all government registration fees.

Different Vietnam entity typesCostDraft Invoice
Tax resident LLCUS$15,640Vietnam LLC draft invoice
Wholly locally owned LLCUS$11,700draft invoice Vietnam local LLC
A Vietnam Free zone companyUS$16,490Vietnam FZ invoice
Branch of a foreign companyUS$19,820draft invoice Vietnam branch office
Representative officeUS$16,700draft invoice Vietnam rep office
A Vietnam Subsidiary LLCUS$15,640draft invoice Vietnam subsidiary
Vietnam LLC with employment visasUS$15,640Vietnam LLC with visa application invoice
Vietnam joint ventureUS$18,240Vietnam joint venture invoice
Vietnam JSCUS$19,120draft invoice Vietnam JSC

Click here to create your own Vietnam invoice

Timelines

The average Vietnam wholly foreign-owned company registration period is 22 weeks as outlined below:

ServiceLLCFree zone companyJoint ventureNominee companyJSCBranchRO
Engagement planning2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks
Company incorporation period8 weeks12 weeks12 weeks2 weeks8 weeks12 weeks8 weeks
Bank account approval4 weeks4 weeks4 weeks4 weeks4 weeks4 weeks4 weeks
Internet banking approval2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks
Incorporation completion1 week1 week1 week1 week1 week1 week1 week
Total engagement period17 weeks21 weeks21 weeks11 weeks17 weeks21 weeks17 weeks

vietnam business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Vietnam, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Mr. Simon Guidecoq, directly:
client relationship officer - Simon