Cost of setting up foreign company in Vietnam

Cost of setting up foreign company in Vietnam

Foreign investors set up a foreign company in Vietnam often bear some of the costs as follows:

1.Cost of photocopy and authentication of legal documents (i.e passport, certificate of incorporation): at least of VND100,000.

2.Cost of registration for setting up foreign company in Vietnam: VND 200,000.

3.Cost of posting up the contents of foreign company being set up in Vietnam: 300,000 VND.

4.Cost of seal: VND400,000.

5. Attorneys” fees: at least VND 8,000,000 (if any).

Total cost of setting up a foreign company on Vietnam will be at least of VND 9,000,000,00 equivalent to USD410.00. In addition to the cost of setting up a foreign company in Vietnam, foreign investor shall contribute charter capital as prescribed.

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