Establishment Roadmap

Phase 1: Preparation

Documentation Strategy

Before submission, foreign investors must determine relevant business lines. Key requirements:

• Identify foreign equity holders
• Secure registered address in Vietnam
• Appoint Legal Representative
• Verify capital access

~3 Weeks

Investment Registration (IRC)

The IRC serves as the official approval of the project's scope. This is akin to an investment proposal.

2026 Update: The Law on Investment 2025 may allow entity establishment prior to IRC for certain sectors.

~1-2 Weeks

Enterprise Registration (ERC)

The ERC is the evidence of formal incorporation. Once issued, the company is a legal entity.

Post-Licensing

Operational Compliance

Mandatory steps immediately following ERC issuance:

• Open Direct Investment Capital Account (DICA)
• Register Tax & VAT
• Appoint Chief Accountant
• Company Stamp & Statistics Registration