• List of Vietnam Company Formation Agents: Top 8 Picks

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    Do you plan to open a company in Vietnam?

    In this article, we list 8 of the best company formation agents in Vietnam and that are mainly based in Ho Chi Minh City. Having said that, some of the companies also have branches in other major cities, such as Hanoi and Da Nang.

    We start with an introduction about each company and present more detailed information about their services, in which countries they operate, and finally their office addresses.

    1. SB Law

    SB Law is an award-winning law firm based in Hanoi that has a local branch in Ho Chi Minh City. Having more than 40 lawyers and professionals, the company has helped everything from startups to multinational companies incorporating in Vietnam.

    Over the years, SB Law has built up an impressive track record and catered to clients such as Microsoft, Total, Ericsson, ICBC, and HTC. Having said that, they’re more than willing to help small-sized companies to set up operations in Vietnam.

    SB Law offers a wide range of services for competitive prices and collaborates with partners in multiple Asian countries.

    Services

    • Incorporation
    • Intellectual Property
    • Consulting Services
    • Others

    Countries & Regions

    • Vietnam

    Office Address: 8Flr, PDD Building, No.162 Pasteur Str, Ben Nghe Ward, District 1, Bến Nghé, Quận 1, Hồ Chí Minh

    2. VILAF

    VILAF is a major award-winning law firm that was founded in 1998 and has offices in both Hanoi and Ho Chi Minh City. The company has 70 professionals and 14 partners that cater to mainly large corporations, assisting with cross-border mergers, acquisitions, and consultancy.

    VILAF has helped plenty of well-known corporations including names such as General Electric, JX Nippon Oil & Energy, UOB, and several local banks. The company has continuously been ranked as a first-tier law firm by Asialaw, Legal and Chambers, and IFLR1000.

    Services

    • Corporate, Private Equity, and M&A
    • Dispute Resolutions
    • Real Estate
    • Capital Markets
    • Others

    Countries & Regions

    • Vietnam

    Office Address: 4 Floor, MPlaza Saigon, 39 Lê Duẩn, Bến Nghé, Quận 1, Hồ Chí Minh, 700000

    3. Domicile

    Domicile is a renowned law firm based in Ho Chi Minh City that has local branches in Da Nang and Hanoi. The Managing Director, Matthew Lourey, is originally from Australia and has years of experience in the Vietnamese market.

    Their clientele consists of everything from small start-ups to multinational corporations and they treat each customer with the same respect and care. With more than 60 professionals working for the company, Domicile offers a wide range of services in addition to its incorporation packages.

    Services

    • Incorporation
    • Accounting & Outsourcing
    • Taxation
    • Advisory Services
    • Others

    Countries & Regions

    • Vietnam

    Office Address: Level 9, Abacus Tower, 58 Nguyen Dinh Chieu, District 1, Ho Chi Minh City, Vietnam

    4. VKE Consult

    VKE Consult was established in Ho Chi Minh City more than 6 years ago and has assisted more than a hundred clients up until today’s date. VKE was started by 3 Singaporean nationals that have a combined experience of 25 years.

    It mainly caters to small and medium-sized companies that wish to incorporate in Vietnam. Previous clients include Assab, Wee Hur Holdings Ltd, Hexachem, and more.

    The company offers competitive rates and has become a law firm to count with, in the Vietnamese market.

    Services

    Countries & Regions

    • Vietnam

    Office Address: 5 Lam Sơn, Street, Bình Thạnh, Hồ Chí Minh

    5. Cekindo

    Cekindo was established more than 10 years ago and has grown significantly over the years. The company has 100 professionals that help foreigners with incorporation services in Vietnam and other countries in Southeast Asia.

    Cekindo is one of the major law firms in Vietnam and has partnered with many local and overseas companies. Over the years, Cekindo won several awards, including The Most Trusted Consulting Firm of The Year, by Indonesia Quality Award in 2015.

    Some of its most notable clients include ABB, Google, Huawei, Samsung, and Ericsson.

    Services

    • Business Setup
    • Business Process Outsourcing
    • Immigration Services
    • Product Registration & Import
    • Bank Account Opening

    Countries & Regions

    • Vietnam and Indonesia

    Office Address: Shark building, 29 Đường Nguyễn Văn Mai, Street Ward 8, Quận 3, Hồ Chí Minh 700000

    6. LTS Law

    LTS Law is a leading law firm that as a big team consisting of experienced corporate service lawyers and professionals. Being based in Ho Chi Minh City, they primarily help clients with local company formations and business maintenance.

    LTS Law offers competitive prices and acts as a one-stop service provider thanks to the many services offered.

    Services

    • Company Formations
    • Accounting & Tax
    • Investigation & Surveillance

    Countries & Regions

    • Vietnam

    Office Address: 459 Sư Vạn Hạnh, Phường 12, Quận 10, Hồ Chí Minh 700000

    7. Emerhub

    Emerhub, previously called Indosight, was founded in Indonesia in 2011 and offers a wide range of services in Southeast Asia. Countries covered include Vietnam, the Philippines, and Indonesia.

    In 2016, they opened their first Vietnam branch and have helped more than 200 clients to set up companies in Vietnam since. Their vision is to provide market entry services in every emerging economy in the world.

    Emerhub has helped numerous big brands over the years, including names such as Subway, Skype, Decathlon, and Thyssen Krupp.

    Services

    • Company Formations
    • Licensing
    • Visas and Work Permits
    • Payroll and Taxes
    • Others

    Countries & Regions

    • Indonesia, Vietnam, and the Philippines

    Office Address: SGR Building, 167-169 Dien Bien Phu street, District 1, Ho Chi Minh City, Vietnam

    8. Victory LLC

    Victory LLC is a renowned and award-winning law firm that is based in Ho Chi Minh City. They also have a wide network of associate firms in the country’s major cities, including Hanoi, Nha Trang, and Phan Thiet.

    The team of Victory LLC consists of both foreigners and locals, speaking English, Vietnamese, and Russian. Most of them come from prestigious law schools in Vietnam, but also from reputable universities overseas.

    The company has a team of 9 professionals and provides various services to Vietnamese nationals and foreigners.

    Services

    • Incorporation
    • Merger & Acquisition
    • Real Estate & Construction
    • Taxation
    • Others

    Countries & Regions

    • Vietnam

    Office Address: TMS Building, Suite 501, 5th Floor, 172 Hai Bà Trưng, Street, Quận 1, Hồ Chí Minh

    FAQ

    Can foreigners open companies in Vietnam?

    Yes, foreigners can open companies in Vietnam and you’re allowed 100% ownership in most sectors. But, the process can be complicated and laws are complex. Thus, you should seek help from a local service provider that can help you through the process.

    How much does it cost to set up a company in Vietnam?

    Opening a company in Vietnam can cost everything from USD 1,000 to more than USD 10,000. It all comes down to which sector you operate in and the service provider you choose.

    How long does it take to open a company in Vietnam?

    You should set aside at least 2 months for the company formation, but it can take up to 6 months or more. The time needed depends on the company structure, the licenses you need, the agent, and more.

    What is the minimum registered capital requirement?

    At the moment, there’s no predefined minimum capital requirement for most industries.

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