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Fees and timelines in 2023

Fees

pay by instalmentsThe average fee per engagement for a Vietnam limited liability company amounts to US$20,840 including Vietnam company incorporation, corporate bank account setup, legal registered office, project-management fees and all government registration fees.

Different Vietnam entity typesCostDraft Invoice
Professional services LLCUS$20,840View invoice PDF
Trading and distribution LLCUS$25,840View invoice PDF
Manufacturing LLCUS$37,275View invoice PDF
Wholly foreign-owned LLCUS$25,745View invoice PDF
Locally-owned LLCUS$13,860View invoice PDF
Vietnam free zone LLCUS$22,275View invoice PDF
Branch of a foreign companyUS$24,020View invoice PDF
Representative officeUS$18,990View invoice PDF
Foreign company subsidiary LLCUS$20,740View invoice PDF
Joint venture LLCUS$19,740View invoice PDF
LLC with employment visasUS$22,690View invoice PDF
Joint stock companyUS$21,620View invoice PDF
Vietnam fast nominee LLCUS$38,550View invoice PDF
Tax resident LLC (Financial services)US$38,240View invoice PDF
Holding companyUS$20,740View invoice PDF
Vietnamese Annual RenewalUS$16,845View invoice PDF

Click here to create your own Vietnam invoice

Other fee considerations

Timelines

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

ServiceLLC (services)LLC (trading)LLC (manufacturing)Free zone companyJoint ventureNominee companyJSCBranchRO
Engagement planning2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks
Company incorporation period8 weeks20 weeks30 weeks12 weeks12 weeks2 weeks8 weeks12 weeks8 weeks
Bank account approval4 weeks4 weeks4 weeks4 weeks4 weeks4 weeks4 weeks4 weeks4 weeks
Internet banking approval2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks
Engagement completion1 week2 weeks2 weeks1 week1 week1 week1 week1 week1 week
Total engagement period17 weeks30 weeks30 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 contact our in-house country expert, Mr. Simon Guidecoq, directly:
client relationship officer - Simon
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