INCORPORATION OF
DOMESTIC
COMPANIES
Building a business is more than having an idea—it is about establishing a solid legal foundation. VLIC helps transform your business model into reality with complete legal certainty.
1000+
Companies
10+
Years of Experience
Our Vision
Partnering for Sustainable Prosperity
The Challenges
CHALLENGES IN THE ENTREPRENEURIAL JOURNEY
Starting a business is a journey full of challenges. The lack of a standard framework from the outset leaves businesses prone to "losing momentum" or facing unnecessary legal risks as they scale up.
Engineering & Technology
Difficulty accessing modern management software, leading to fragmented and unsynchronized management.
Outdated structure
An old operating system that is hard to expand with new branches or scale up when a market opportunity arises.
Upgrade costs
Wanting to standardize but wary of the high costs and the long, complex implementation time.
Real-world results
Feeling reassured and achieving a revenue breakthrough after a properly structured legal-entity model is set up.
Company Types
CHOOSING A DOMESTIC COMPANY TYPE
Identifying the right type is the first step to optimizing legal liability and the ownership structure.
Single-Member LLC
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Owner: 01 organization or individual
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Liability: Limited to the charter capital
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Advantage: Full decision-making power, simple procedures.
Multi-Member LLC
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Members: From 02 to a maximum of 50 members
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Liability: Limited to the capital contribution
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Transfer: Priority for existing members.
Joint-Stock Company (JSC)
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Shareholders: Minimum 03 shareholders (no maximum)
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Liability: Limited to the par value of shares held
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Flexibility: May issue securities, easy to raise capital.
Sole Proprietorship
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Owner: 01 single individual
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Liability: Unlimited, to the full extent of personal assets
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Limitation: May not issue any type of securities.
Partnership
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Members: At least 02 individuals as general partners
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Specifics: May also have capital-contributing members (limited liability)
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Liability: General partners bear unlimited liability.
Naming Rules
THE FORMULA FOR NAMING A DOMESTIC COMPANY
The company name is the first piece of brand identity. Follow the standard structure so the application is approved quickly.
Element 1
COMPANY TYPE
LLC / Joint-Stock Company...
Element 2
PROPER NAME
Made up of letters, numbers, and symbols
Example: LLC (company type) + VLICCONSULTING SOLUTION (proper name)
cancel PROHIBITED BUSINESS NAMES
- 01
Identical to, or confusingly similar to, the name of a business already registered earlier nationwide.
- 02
Using the name of a state agency, armed forces unit, or socio-political organization unless permitted.
- 03
Using words or symbols that violate historical traditions, culture, ethics, and fine customs.
WARNING: APARTMENTS
The registered office address may not be in a residential apartment or collective housing (unless the unit has a commercial/office function).
Industry & Address
BUSINESS LINES &
REGISTERED OFFICE ADDRESS
A compliant address
It must be clear and lawfully held. It includes: house number, alley, street/hamlet, ward/commune, district, and province/city.
Business lines
Codified under the Vietnam Standard Industrial Classification (VSIC). Some conditional business lines require legal capital or a practising certificate.
Charter capital
The capital the members commit to contribute. The maximum period for contributing it is 90 days from the date the business license is granted.
WHY CHOOSE
VLICCONSULTING
A team of experts
Over 10 years of experience in legal advisory and corporate governance to the VLICCONSULTING standard.
A fast, streamlined process
Optimizing the time to process the file, with a committed turnaround of 3–5 working days.
24/7 support
Always ready to listen and answer every client question, even after incorporation is complete.
Leading reputation
A strategic partner to thousands of start-ups and FDI businesses in Vietnam.
Senior Partner
VLICCONSULTING CO., LTD
