Set up in Vietnam
Ways for a foreign investor to enter
The right structure depends on your activity and goal. Each code page recommends one; here is the full set, from a wholly foreign-owned LLC to hiring through an Employer of Record without an entity.
Single-member LLC
EmerhubThe simplest wholly foreign-owned company in Vietnam.
Ownership: up to 100%Capital: No statutory floor
Multi-member LLC
EmerhubA limited company for two to fifty owners.
Ownership: up to 100%Capital: No statutory floor
Joint-stock company
EmerhubA share company for larger ventures and future fundraising.
Ownership: up to 100%Capital: No statutory floor
Joint venture
EmerhubThe route for capped activities that need a Vietnamese partner.
Ownership: cappedCapital: By activity
Branch office
EmerhubAn extension of an existing foreign company.
Ownership: up to 100%Capital: No statutory floor
Representative office
EmerhubA non-revenue liaison or market-entry presence.
Ownership: up to 100%Capital: None (parent-funded)
Employer of Record
RecruitGoHire staff in Vietnam without setting up an entity.
Ownership: n/aCapital: None
Product holding
EmerhubImport or sell a regulated product without your own entity.
Ownership: n/aCapital: None
Compare structures
Every way a foreign investor can enter Vietnam, side by side. Open a row for the full detail.
| Structure | 100% foreign | Sell locally | No VN partner | No capital floor | No entity | Min. capital |
|---|---|---|---|---|---|---|
| Single-member LLC | ✓ | ✓ | ✓ | ✓ | ✕ | No statutory floor |
| Multi-member LLC | ✓ | ✓ | ✓ | ✓ | ✕ | No statutory floor |
| Joint-stock company | ✓ | ✓ | ✓ | ✓ | ✕ | No statutory floor |
| Joint venture | ✕ | ✓ | ✕ | ✓ | ✕ | By activity |
| Branch office | ✓ | ✓ | ✓ | ✓ | ✕ | No statutory floor |
| Representative office | ✓ | ✕ | ✓ | ✓ | ✕ | None (parent-funded) |
| Employer of Record | – | ✕ | ✓ | ✓ | ✓ | None |
| Product holding | – | ✓ | ✓ | ✓ | ✓ | None |