Vietnam Company Formation Guide

Vietnam Manufacturing Company Formation

Vietnam manufacturing company formation with foreign investment entity with expert advice. Mirr Asia is a trustworthy business consultant that provides successful Vietnam factory setups.

Documents · 01

Application and acquisition documents during business process

  • Investment Registration Certificate — Official registration for foreign investment
  • Enterprise Registration Certificate — Business registration for the manufacturing entity
  • Certificate of land use right — Legal right to use the factory land
  • Construction License — Application must be made at the time of factory construction (not required if moving into an existing factory)
  • Firefighting facility certificate — Safety compliance for fire prevention
  • Environmental assessment report — Required for pollutant emission industries

Timelines · 02

Estimated Timelines

Incorporation

25 business days

Corporate Account

3–6 business days

Factory Permit

6–10 months (varies by job)

Considerations · 03

Important Considerations

Factory Location

  • The location of the factory must be carefully considered
  • According to Vietnamese law, the location must conform to the city's master plan — all location-related documents must be submitted
  • Site selection should be determined after thorough review before preparing application documents to avoid risks during the license application process

Industrial Complex Recommendation

We recommend establishing a factory by renting land in an industrial complex where possible. However, the actual cost of renting land in an industrial complex in Hanoi is quite high due to the limitation of the current land area. It is also not easy to find a large lot of more than 5 hectares.

Environmental Regulations

Recently, as regulations on environmental pollution in manufacturing facilities are being strengthened, it is necessary to pay attention to the fact that the application may be rejected if the infrastructure for handling pollutants and the relevant requirements are not met. We recommend that you proceed in consultation with a wealth of experts.

When selecting a site for a factory, you should review the following in advance:

  • Required area of factory site
  • Production process
  • Pollutants that may be generated in factories and their treatment plan

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REPUBLIC OF KOREA

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