Fees and timelines in 2022

Fees

pay by instalmentsThe average fee per engagement for a Vietnam limited liability company amounts to US$20,740 including Vietnam company incorporation, corporate bank account setup, legal registered office, project-management fees and all government registration fees.

Different Vietnam entity types Cost Draft Invoice
Professional services LLC US$20,740 View invoice PDF
Trading and distribution LLC US$25,740 View invoice PDF
Manufacturing LLC US$37,275 View invoice PDF
Wholly foreign-owned LLC US$25,745 View invoice PDF
Locally-owned LLC US$13,860 View invoice PDF
Vietnam free zone LLC US$22,275 View invoice PDF
Branch of a foreign company US$24,020 View invoice PDF
Representative office US$20,200 View invoice PDF
Foreign company subsidiary LLC US$20,740 View invoice PDF
Joint venture LLC US$19,740 View invoice PDF
LLC with employment visas US$22,690 View invoice PDF
Joint stock company US$21,620 View invoice PDF
Vietnam fast nominee LLC US$38,550 View invoice PDF
Tax resident LLC (Financial services) US$38,240 View invoice PDF
Holding company US$20,740 View invoice PDF

Click here to create your own Vietnam invoice

Timelines

The average Vietnam wholly foreign-owned company registration period is 17 weeks as outlined below:

Service LLC (services) LLC (trading) LLC (manufacturing) Free zone company Joint venture Nominee company JSC Branch RO
Engagement planning 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks
Company incorporation period 8 weeks 20 weeks 30 weeks 12 weeks 12 weeks 2 weeks 8 weeks 12 weeks 8 weeks
Bank account approval 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks
Internet banking approval 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks
Engagement completion 1 week 2 weeks 2 weeks 1 week 1 week 1 week 1 week 1 week 1 week
Total engagement period 17 weeks 30 weeks 30 weeks 21 weeks 21 weeks 11 weeks 17 weeks 21 weeks 17 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 contact our in-house country expert, Ms. Lee Wen Bin, directly:
Consultant at HC - Wen Bin
  • Ms. Lee Wen Bin
  • Client Engagements Department, Deputy Director
  • Contact me!