Vietnam has one of the fastest-growing economies in the world. Company registration in Vietnam is a
straightforward process, but there are specific guidelines for foreign-owned businesses. It’s important to
understand the requirements and process of establishing a foreign-owned company in Vietnam.
Overview of legal entities in Vietnam
The two most common types of legal entities in Vietnam are:
1. Limited liability company (LLC)
2. Joint-stock company (JSC).
An LLC can have 1 to 50 members, also known as founders or owners. Note that LLCs in Vietnam do not
have shareholders. On the other hand, a JSC must have a minimum of 3 shareholders. There is no limit
to the number of shareholders a JSC can have.
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