Real estate and land use right auctioning
Đấu giá bất động sản, quyền sử dụng đất
This activity involves the auctioning of real estate properties and land use rights.
Includes
- Auctioning of residential properties
- Auctioning of commercial properties
- Auctioning of land use rights
Foreign ownership
This activity is not on Vietnam’s market-access negative list. A foreign investor may hold up to 100%, subject to the ordinary IRC and ERC licensing and the capital expectations below.
Recommended route
Wholly foreign-owned LLC
Up to 100% foreign equity, one or more members
Joint-stock company
For multiple shareholders or a later listing
Branch office
Extension of a foreign parent (limited sectors)
Registration path
- 1
IRC
Investment Registration Certificate from the DPI
- 2
ERC
Enterprise Registration Certificate (the company itself)
- 3
Post-licensing
Seal, corporate bank account, tax and e-invoicing
- 4
Sub-licence
Sector permit, if the activity is conditional
Emerhub files each step with the authorities; you provide the documents and information.
Charter capital
| Situation | VND | USD |
|---|---|---|
| Most business linesVietnam sets no statutory minimum charter capital for most sectors. The registered charter capital must be credible for the project and fully contributed within 90 days of the Enterprise Registration Certificate. Foreign-invested projects are assessed on capital adequacy at the Investment Registration Certificate stage.. Legal basis: Law on Enterprises 2020 (No. 59/2020/QH14), Art. 47, 75, 113; Law on Investment 2020. | No floor | No floor |
| Real estate businessLegal capital of at least VND 20 billion is required to conduct a real-estate business.. Legal basis: Law on Real Estate Business 2023 (No. 29/2023/QH15). | ₫20,000,000,000 | ≈ $787k |
Bold is the figure the law sets; the other column is an approximate conversion at ₫25,400 to USD 1. Vietnam sets no general minimum for most sectors.