A serviced office in Vietnam costs more per square metre, yet asks for almost nothing upfront and lets you leave on short notice. A traditional office lease costs less per square metre, but ties you to a three-to-five-year contract and a large fit-out bill before anyone sits down. For teams of up to around 20 […]
Opening a corporate bank account in Vietnam is one of the first jobs after your company receives its Enterprise Registration Certificate. Foreign-owned companies usually need two kinds of account: a direct investment capital account (DICA) to bring in charter capital, and a regular current account in Vietnamese dong to pay staff, taxes and suppliers. With […]
If you’re opening a small foreign-owned company in Vietnam, plan on spending around VND 80 to 160 million (USD 3,000 to 6,000) on fees and professional help. That gets you registered. Your charter capital, office rent and first year of accounting and audit come on top. What surprises most founders is how little the government […]
To set up a branch office in Vietnam, your parent company needs at least five years of operating history, business activities that Vietnam has opened to foreign companies, and a real office address in the province where the branch will operate. Once the application file is complete, the licensing authority reviews it within about seven […]
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