Vietnam Business Solutions
Business Operation in Vietnam
Streamline your management with our one-stop operation and compliance solutions.
Why Business Process Outsourcing?
Focus Resources for Business Growth
The most significant costs on a business is the time managers spend micromanaging paperwork, finance reports, HR, and other hurdles. Outsourcing offers a “plug-and-play” infrastructure that allows your company to be fully operational within days, rather than months spent on administrative activities. By offloading the complexity of accounting, sub-licensing, and corporate secretarial work to a specialized partner, you can stop being “administrators” and return to being “business people,” focusing 100% of their energy on scaling your presence in Vietnam.
Why VNBG?
We understand the complexities of the local regulatory environment.
We navigate these challenges to make your Vietnam expansion compliant, seamless, and secure.
Compliance-first
We prioritize strict legal compliance as your solid business foundation. This approach protects your operations from future risks and penalties.
Free Consultation
We provide comprehensive market insights and practices completely free of charge. This transparency empowers you to make confident investment decisions.
Vietnam Focused
We have deep roots and a thorough understanding of the Vietnam's business landscape. We help you navigate the market smoothly and connect with opportunities.
Cost-effective
We offer high-quality services at prices that fit your budget. This smart and tailored approach saves you money while ensuring you still reach your important goals.
Business Operational Solutions
We Offer Comprehensive Business Operational Solutions
Managing a business in Vietnam requires effort coordinating across accounting, compliance, licensing, and daily administration, among others. Outsourcing these back-office tasks to our local experts eliminates legal risks and frees up your time and resources to focus entirely on scaling your business.
From USD 150+/Month
Finance & Accounting
Comprehensive bookkeeping, tax advisory, and transparent financial supports. We help maintaining your business general ledger and advising to any tax concerns.
From USD 100+/report
Business Compliance
Punctual submission of all compliance reports and state declarations. We help safeguarding your business responsibilities and avoiding unexpected regulatory penalties.
From USD 1.500+/case
Sub-licensing
Advice on the conditions of your business line. We help you understand and prepare for the requirements of conditional business sectors.
From USD 25/task
Corporate Secretary
Flexible, ad-hoc administrative support for your company. We’re handling sudden paperwork and keeping you focus on business goals.
Finance & Accounting
Finance & Accounting Solutions
Navigate Vietnam’s dynamic tax regulations and accounting standards (VAS) can drain your resources. Our dedicated experts manage your monthly bookkeeping, and support your banking operations, turning accounting from an administrative burden into a strategic advantage.
Common Taxes on Foreign Businesses in Vietnam
Understand Vietnam’s main taxes on foreign-owned business is the first step toward a compliant and profitable business. Review the core taxes below, and let our experts help you unlock exclusive tax incentives to maximize your bottom line.
| Applicable Businesses | Tax Rate | Filing & Payment Deadline | |
|---|---|---|---|
| Corporate Income Tax (CIT) | All profit-generating business entities operating in Vietnam. Except for Representative Office. |
20% (Standard rate) 10% – 17% (Incentive rates for priority sectors, high-tech, or disadvantaged areas) 32% – 50% (Restricted rates for oil, gas, and rare natural resource extraction) |
Quarterly: Provisional tax payments. Annually: Finalization within 90 days of the fiscal year-end. |
| Value Added Tax (VAT) | Businesses providing or consuming goods and services within the Vietnamese territory. |
10% (Standard rate for goods/services not subject to 0%, 5%, or tax exemption. Includes foreign e-commerce providers). 8% (Temporary reduction from July 1, 2025, to Dec 31, 2026, for most 10% items per Decree 174/2025/ND-CP). 5% (Essential goods/services: clean water, fertilizers, medical equipment, children’s toys, unprocessed agricultural products, etc.). 0% (Exported goods/services, international transport, overseas/non-tariff zone construction, and specific services in non-tariff zones). |
Monthly: By the 20th of the following month. Quarterly: By the last day of the first month of the next quarter. |
| Personal Income Tax (PIT) | Employers act as withholding agents for local and expatriate employees’ income. | 5% – 35% (Progressive scale for tax residents). | Monthly / Quarterly: Withholding declarations. |
| Foreign Contractor Tax (FCT) | Foreign organizations or individuals generating income in Vietnam without a local legal entity. |
Varies by service/industry. Typically includes 1% – 10% (CIT portion) + 1% – 10% (VAT portion). |
Within 10 days of payment to the foreign contractor, or declared monthly. |
* The above tax rates and requirements are based on current Vietnamese laws and regulations, which are subject to change. For the most accurate and up-to-date information tailored to your specific context, please contact our consultants.
Finance & Accounting
Standard Finance & Accounting Package
We manage the numbers, minimize tax risks, and keep your business fully compliant in Vietnam. The following scope is our minimum standard, which can be flexibly adjusted in extending deliverable to fit your reality.
Monthly Bookkeeping
Record of your accounting entries, manage the business's general ledger in strict compliance with Vietnamese Accounting Standards (VAS).
Tax Preparation & Advisory
Support filing of VAT, CIT, and PIT to eliminate late fees and optimize your corporate tax position.
E-Invoicing Management
Guiding, tracking, and advising on VAT electronic invoices (e-invoices) seamlessly through government-integrated platform.
Banking & Payment Assistance
Hands-on support with corporate bank accounts, guide you about domestic and international transfers.
Get a quotation for your case
Get a personalized quote based on your specific business lines and shareholder structure. No hidden fees.
Business Compliance
Stay 100% Compliant Without the Headache
Vietnamese regulations change constantly. We act as your local legal shield, managing your compliance reports and declarations, so you can focus entirely on scaling your business.
Foreign Business' Main Compliance Reports & Deadline
| Reports | Frequency and Due Date |
|---|---|
| 1. Investment Report |
Quarterly: Before the 10th of the 1st month of
the following quarter. Year-end: Before the 31st March of next year |
| 2. Investment Monitoring and Evaluation Report | Bi-Annually: 10th July and 10th February |
| 3. Employment Report | Bi-Annually: 5th June and 5th December |
| 4. Accident Employment Report | Bi-Annually: 10th January and 5th July |
| 5. Employment Medical Report | Bi-Annually: 10th January and 5th July |
| 6. Value Added Tax (VAT) Report | Monthly, Quarterly Based on the company size. |
| 7. Personal Income Tax (PIT) Report | Monthly, Quarterly Based on the company size. The Business need to file for a Year-end Report. |
| 8. Corporate Income Tax (CIT) Report | The last day of the third month following the end of the year or fiscal year |
| 9. Year-end Audited Financial Statement | 90 days from the end of the fiscal year |
| 10. Year-end Statistic reports | 10th April of the next year |
* The above types, numbers, and deadlines of compliance report are based on current Vietnamese laws and regulations, which are subject to change. For the most accurate and up-to-date information tailored to your specific context, please contact our consultants.
Business Compliance
Business Compliance Package
We handle drafting and filing your compliance reports and declarations, ensuring your business is staying compliant when operate in Vietnam.
Complete Mandatory Reports
We prepare your statutory and tax reports throughout the year, in line with local regulations.
Manage Accounting Data
We securely maintain and organize your accounting books and ledgers based entirely on the financial data and documents you provide.
Unlimited Tax Advisory
Gain peace of mind with unlimited, on-demand access to our tax experts for any tax-related questions or strategic financial advice.
Year-End Audit Supports
We work with independent auditors to finalize your year-end financial audit.
Tax Refund Assistance
We handle the procedures for business Value-Added Tax (VAT) refunds and Personal Income Tax (PIT) refund declarations for your staff. Please note that you will be in charge of collecting necessary information from the employees and send them to us for processing.
Get a quotation for your case
Get a personalized quote based on your specific business lines and shareholder structure. No hidden fees.
Additional Services
Flexible On-Demand Financial Services
Suspended Tax Account Advisory
If your tax account is suspended, we assess the situation, explain the cause, and help you prepare the documents to resolve it.
Tax Incentive Advisory
We help identifying and qualifying your business for specific government tax incentives to maximize profitability and financial health in the Vietnamese market.
Legal Document Drafting
Get professionally drafted, bilingual Board of Directors (BOD) meeting minutes, Powers of Attorney (POA), and other documents tailored to your specific needs.
Company Record Changes
Update your business certificates whenever you need to change your information registered address, increase charter capital, replace legal representatives, or any other needs.
Profit Repatriation
We manage and guide you through regulatory steps, tax clearances, and banking procedures required to legally and safely transfer your dividends overseas.
Business Sub-licensing
Plan for the Conditions of Your Business Line
Operating in specialized sectors requires more than just a standard company certificates. We help you understand which sub-licenses your business line needs and prepare your documents for them.
The 3 Types of Business Sub-Licenses
Local regulations are easier to follow when you understand each type of sub-license. The sub-licenses are categorized into three main types, each with its own compliance weight, validity period, and approval process.
Operational Licenses
These grant your business the legal right to conduct highly regulated activities (e.g., travel services, retail distribution). A license has the expiry date and can be canceled if you violate any related regulations.
Qualification Certificates
These documents certify that your business facility or internal processes meet mandatory state standards (e.g., Food Safety, Fire Prevention, Security). Certificates almost always require passing a rigorous on-site physical inspection.
Administrative Approvals
These are specialized administrative green lights for specific, often short-term activities (e.g., advertising content validation, event organization permits).
Essential Sub-Licenses by Industry
Every sector in Vietnam has its own regulatory playbook. Here is a snapshot of the sub-licenses that common foreign-owned companies need.
Retail & Distribution Business
Retail License: Required to do Business to Customer (B2C) operations.
Business Outlet Certificate: Required to physically open your retail store location. Each certificate is for one store only.
Business Outlet Certificate: Required to physically open your retail store location. Each certificate is for one store only.
Food & Beverage (F&B) & Restaurants
Food Safety & Hygiene Certificate: The most critical certificate, requiring a strict on-site inspection of your kitchen and ingredient sourcing.
Fire Prevention & Fighting Certificate: A mandatory certificate ensuring your premises comply with fire safety regulations, including functional equipment (extinguishers, alarms), clear evacuation routes, and staff safety training.
Retail Alcohol License: An additional mandatory license if your restaurant or cafe plans to serve alcoholic beverages on-site.
Fire Prevention & Fighting Certificate: A mandatory certificate ensuring your premises comply with fire safety regulations, including functional equipment (extinguishers, alarms), clear evacuation routes, and staff safety training.
Retail Alcohol License: An additional mandatory license if your restaurant or cafe plans to serve alcoholic beverages on-site.
Education & Training Centers
Certificate of Registration for Educational Operations: The core operational license issued by the Department of Education after inspecting your facility space (min 2.5 sqm/student) and curriculum.
Foreign Degree Recognition & Work Permits: Foreign teachers need recognized degrees and a work permit. The Ministry of Education and the labor authorities set these rules.
Fire Safety & Facility Approval: Required to prove your physical location meets strict safety codes and features adequate classroom lighting, furniture, and teaching aids.
Foreign Degree Recognition & Work Permits: Foreign teachers need recognized degrees and a work permit. The Ministry of Education and the labor authorities set these rules.
Fire Safety & Facility Approval: Required to prove your physical location meets strict safety codes and features adequate classroom lighting, furniture, and teaching aids.
Construction Company
Certificate of Eligibility for Construction (CE): The fundamental industry certificate (ranked by Tiers 1-4) required to legally execute construction projects, especially as a main contractor or for state-owned projects.
Professional Practice Certificates: Mandatory state-issued credentials for your key personnel, requiring specific training courses and exams available only in Vietnamese.
Capacity & Experience Validations: Administrative approvals proving your company’s financial capacity, machinery, and past project execution experience to upgrade your CE tiers.
Professional Practice Certificates: Mandatory state-issued credentials for your key personnel, requiring specific training courses and exams available only in Vietnamese.
Capacity & Experience Validations: Administrative approvals proving your company’s financial capacity, machinery, and past project execution experience to upgrade your CE tiers.
E-Commerce & Digital Platforms
MoIT E-Commerce Website Notification: A mandatory administrative registration with the Ministry of Industry and Trade for standard websites selling only your own company’s products.
E-Commerce Platform License: A highly regulated, multi-ministry approval taking up to 6-12 months, strictly required if your platform connects multiple third-party buyers and sellers (marketplace model).
Retail Business License: Essential if your foreign-invested e-commerce business model involves selling and distributing your own products directly to Vietnamese consumers.
E-Commerce Platform License: A highly regulated, multi-ministry approval taking up to 6-12 months, strictly required if your platform connects multiple third-party buyers and sellers (marketplace model).
Retail Business License: Essential if your foreign-invested e-commerce business model involves selling and distributing your own products directly to Vietnamese consumers.
* The above information is based on current Vietnamese laws and regulations, which are subject to change. For the most accurate and up-to-date information tailored to your specific context, please contact our consultants.
Business Sub-licensing
Sub-licensing Advisory Package
Sub-licensing advice from start to finish. We help you with the regulatory requirements so that your operations stay compliant.
Free Regulatory Assessment
We provide a free, in-depth assessment and consultation to map out the exact conditions that your business line must meet.
Strategic Compliance Solutions
We will analyze your current business and design a tailored roadmap, guiding you step-by-step on how to fully satisfy all strict requirements.
Dossier Preparation & Submission
We will draft, prepare, and translate your dossier and check that it is complete.
Ongoing Compliance Monitoring
We will actively monitor your licensing portfolio, providing timely alerts for renewals and policy updates so you never face sudden operational halts or compliance penalties.
Get a quotation for your case
Get a personalized quote based on your specific business lines and shareholder structure. No hidden fees.
Business Secretary
Streamlined Daily Corporate & Administrative Tasks
Are you eager to focus on growing your business, but find yourself overwhelmed by managing administrative tasks?
Our Business Secretarial Solutions act as your in-house administrative team, from sub-license advice to ongoing corporate governance so you can operate with total peace of mind.
Everything Your Daily Operations Need
We consolidate your scattered administrative tasks into centralized, reliable services.
Corporate Record Changes
- Advice on changes to company address, legal representative and investor details
- Advice on sub-license changes
- Preparation of periodic business reports
Expat Work Permit, Temporary Residence Card & HR Compliance
- Temporary residence card dossiers for foreign staff and investors
- Work permit and temporary residence card renewals and updates
- Internal Labor Regulations drafting
Administrative & Banking Support
- General Corporate Secretarial tasks & document drafting (Meeting minutes, etc.)
- New Corporate Bank Account opening & banking info updates
- Foreign Loan Agreement drafting & processing
Business Secretary
Stop Micromanaging Paperwork
Let VNBG’s experts handle the legal, HR, and banking hurdles. We ensure your business is fully compliant, so you can channel 100% of your energy into business growth.
Additional Solutions
Operate and Manage Your Business in Vietnam
Drive immediate performance through proven, comprehensive solutions.
Business Setup
- Foreign & Local Company Incorporation
- Representative Office Setup
- Branch Setup
- Nominee Director Arrangement
- Virtual Address Setup
Buy A Company
- Business Due Diligence
- Business Acquisition & Ownership Transfer
- Shareholder & Capital Structure Changes
- Business License & Code Amendments
- Joint Venture & Nominee Ownership
HR Solutions
- Recruitment Services
- Employer of Record (EOR / PEO) Services
- Work Permit Support
- Expat Sponsorship
- Payroll Setup & Benefit Administration
- HR Compliance & Background Checks
Import/Export Solutions
- Importer of Record (IOR) Services
- Exporter of Record (EOR) Services
- Distributor of Record (DOR) Services
- Trading Business Advisory
- Product Registration
- Customs Clearance
- Product & Supplier Sourcing
- Market Research
- Factory Visits
- Warehousing & Logistics Support
Support Center
Frequently Asked Questions
Everything you need to know about the setup process. Can’t find the answer you’re looking for? Please chat to our friendly team.
Generally, companies are subject to Corporate Income Tax (CIT) at a standard rate of 20%, Value Added Tax (VAT) typically at 8-10%, and an annual Business License Tax. Employers must also declare and withhold Personal Income Tax (PIT) and mandatory insurances for their employees.
Foreign-Invested Enterprises (FIEs) must submit monthly/quarterly tax declarations, annual audited financial statements, and periodic investment reports to the Department of Planning and Investment (DPI). Strict adherence is crucial to avoid severe financial penalties.
It depends on your industry. If you operate in “conditional business lines” like retail, e-commerce, F&B, education, or logistics, you are legally required to obtain specific sub-licenses or facility permits before commencing those activities.
Our Corporate Secretary service manages your administrative burden by handling statutory registries, drafting board resolutions, preparing work permit dossiers for foreign employees, and preparing changes to your company records (for example, a new address or a capital increase).
Vietnam Business Solutions
Your One-Stop Business Solutions in Vietnam
Connecting Worlds – Nurturing Companies – Fostering Success