Establishing a Limited Liability Company (LLC) is the most popular choice for businesses in Vietnam due to its secure and flexible legal structure. However, new regulations in the amended Enterprise Law 2025 and changes to electronic tax filing procedures have created difficulties for many business owners. This article provides a comprehensive overview of LLC establishment services, helping you optimize costs and time for starting your business.
Benefits of using professional limited liability company formation services.
Attempting to handle the procedures yourself can lead to errors in documentation, causing delays in licensing or resulting in administrative penalties due to a lack of understanding of post-establishment regulations. By choosing a professional limited liability company establishment service, you will receive the following practical benefits.
- Save time on travel and work directly with government agencies.
- Ensure that the registration documents for 100% are accurate and comply with current legal regulations.
- We provide in-depth consultation on selecting the appropriate business code to avoid future problems.
- We provide support in resolving complex tax and electronic invoicing procedures right from the initial stages.
- Get the latest updates on important changes to the Enterprise Law effective from July 1, 2025.
Comparing single-member limited liability companies and limited liability companies with two or more members.
Before starting, you need to determine the number of contributing members to choose a business model that suits your development direction. Below is a detailed comparison table between the two most common types of limited liability companies today.
| Comparative characteristics | One-member limited liability company | Limited Liability Company with two or more members |
|---|---|---|
| Number of members | Only one individual or organization | From 2 to a maximum of 50 members |
| Legal liability | Limited within the scope of registered capital. | Limited in proportion to capital contribution |
| Organizational structure | Simply put, the owner makes all the decisions. | Board of Members, Chairman of the Board of Members, Director |
| Capital raising capacity | Capital transfer or bond issuance | Capital transfer, new member admission, bond issuance |
Note that the choice of model depends on your need for control and the scale of your investment partnership. If you want complete control, a single-member model is optimal; if you want to jointly invest in the business, a model with two or more members will be more sustainable.
The process for providing legally compliant limited liability company formation services.
Professional services typically divide the implementation process into clear stages to make it easier for clients to track the progress of the work.
Phase 1: Consultation and Information Preparation
During this stage, legal professionals will work with you to review the most basic information to ensure its legality.
- We provide advice on how to choose a company name that is unique and adheres to language rules and legal regulations.
- The registered office address must be determined to ensure it is not located in an apartment building or collective housing complex, as stipulated by the 2014 Housing Law.
- Choose a registered capital level that is appropriate to the actual scale and financial capacity of the members.
- Apply the correct business sector code according to the Vietnamese Economic Sector Classification System issued with Decision 27/2018/QD-TTg.
Phase 2: Drafting and Submitting Documents
Once all the necessary information is gathered, the service provider will proceed with the technical steps on the online system.
- Draft the company charter, list of members, and business registration application form using the latest template.
- The client's representative submits the application online through the National Business Registration Portal.
- Closely monitor the results and promptly address any adjustment notifications from the Department of Planning and Investment if necessary.
Phase 3: Handover of results and logistical procedures.
This is the final step for a business to officially possess its legal "birth certificate".
- The original Business Registration Certificate is usually handed over within 3 working days of the application being approved.
- We provide services for engraving corporate seals and guiding businesses on managing seal designs according to the latest regulations.
- Assisting with the design and installation of signage at the head office in preparation for tax authority inspections.
Mandatory tasks to complete after receiving a business license.
This is a crucial stage for businesses to achieve stable operation and avoid heavy administrative penalties. You need to pay attention to completing all the tasks listed below.
- Open a business bank account and notify the relevant regulatory authority of the account number.
- Register to purchase a digital signature (Token) for tax declaration, tax payment, and electronic social insurance transactions.
- Register and notify the issuance of electronic invoices according to the roadmap stipulated in Decree 123/2020/ND-CP and its amendments by 2025.
- Submit the business license fee declaration form within the deadline stipulated in Decree 126/2020/ND-CP (note that newly established businesses are usually exempt from the fee in the first year).
- Fulfill the capital contribution obligation in the correct quantity and type of assets as committed within 90 days from the date of receiving the license.
Cost of establishing a limited liability company (LLC) in 2025 (package deal)
The cost of using a limited liability company (LLC) formation service typically includes fees payable to the state budget and service fees from the consulting firm. Below is a summary table of the most basic fees and charges that businesses need to prepare for.
| Cost items | Estimated fee (VNĐ) | Legal basis / Notes |
|---|---|---|
| Business registration fees | 50.000 | Applying online is free. |
| Registration content publication fee | 100.000 | According to Circular 47/2019/TT-BTC |
| Fees for engraving a corporate seal | 200,000 – 500,000 | Depending on whether it's a round stamp or an integrated stamp. |
| First year business license fee | 0 | Free of charge according to Decree 22/2020/ND-CP |
| Comprehensive consulting service fee | 1,000,000 – 5,000,000 | Depending on the complexity of the application |
The fees above are for reference only and may vary depending on the location or additional service packages you choose, such as digital signatures, electronic invoices, or initial tax filing.
Tips for choosing a reputable company formation service provider.
The market currently offers many service providers, but you need to be discerning to choose a long-term partner. Evaluate company formation service providers based on the following criteria.
- Our team of lawyers and professionals hold professional licenses and possess in-depth knowledge of Corporate Law and Tax Law.
- The service contract clearly outlines the rights and obligations and guarantees that no hidden costs will arise during the service delivery process.
- We have practical experience in handling applications for business sectors with complex regulations.
- We offer dedicated after-sales service, readily providing long-term support for accounting and tax consulting issues.
Frequently Asked Questions about Establishing a Limited Liability Company (LLC)
Do I need a degree to be the director of a limited liability company? What is the minimum registered capital required to establish a limited liability company? Is it possible to set up a company from your home?
Conclude
Establishing a limited liability company (LLC) is a crucial step in formalizing your business operations and protecting your personal assets through limited liability. Understanding the legal process or choosing a reputable LLC formation service will help you get off to a smooth start, allowing you to focus on your development strategy without worrying about potential legal risks.
Contact information for MAN – Master Accountant Network
- Address: 19A, 43rd Street, Tan Thuan Ward, Ho Chi Minh City
- Mobile/Zalo: 0903 963 163 – 0903 428 622
- Email: man@man.net.vn
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Content production is overseen by: Mr. Le Hoang Tuyen – Founder & CEO of MAN – Master Accountant Network, CPA Vietnam with over 30 years of experience in accounting, auditing, and financial consulting.
