Jurisdiction overview: Vietnam
Vietnam is one of the fastest-growing economies in Southeast Asia, offering a strategic location, low operating costs, and increasing interest from global investors. Registering a company in Vietnam provides access to a high-potential market of over 100 million people and rising demand for digital and consumer services.
Foreign entrepreneurs can establish a 100% foreign-owned company (FIE) in most economic sectors. The registration process is handled through the Ministry of Planning and Investment and requires an investment certificate and a business license. The procedure is relatively transparent, especially in priority sectors such as technology, export, manufacturing, and logistics.
The corporate income tax rate is 20%, with potential tax incentives for new manufacturers, IT firms, and projects located in economically underdeveloped regions. Vietnam also offers customs and administrative benefits in industrial parks and special economic zones.
Vietnam is particularly attractive for manufacturing businesses, import-export companies, IT outsourcing services, and agribusiness projects. With minimal overregulation, steady economic growth, and access to key international trade agreements (including EVFTA and CPTPP), Vietnam presents a strategic platform for scalable business expansion in Asia.