Company registration in Vietnam with opening a bank account
Vietnamis one of the fastest growing countries in Southeast Asia. A stable economy, favorable geographical location, support for small and medium-sized businesses, and growing interest in foreign investment make Vietnam an attractive jurisdiction for company registration. Thanks to economic reforms and liberalization of legislation, starting a business here is becoming increasingly popular among international entrepreneurs.
Opportunities for foreign founders
Registering a company in Vietnam opens up access to the vast Asian market, a favorable tax system, and local production opportunities. The process of registering a company takes about two weeks, and opening a corporate bank account in local banks such as TECHCOMBANK, VRB, MB Bank or Vietinbank takes about one month. As part of the service, the client receives all the necessary corporate documents, a legal address, and a virtual office for a year, as well as secretary services. One of the key elements is the appointment of a local director, which allows for faster account registration and the process to be carried out remotely, without the client being personally present at the registration stage.
Required documents
To register a company and open an account, you will need:
- A good-quality scan of a passport for each founder (including all pages);
- A utility bill no older than 3 months, confirming the residential address of each founder.
These documents ensure transparency of the procedure and compliance with local legislation.
IT-OFFSHORE provides comprehensive assistance in starting a business in Vietnam: from preparing documents to registering a company and gaining access to banking services. Thanks to experience and established contacts with local structures, the process is fast, transparent and with minimal time costs for the client.
