Asia
Manufacturing exporters and China plus one plays, Vietnam
Vietnam is the canonical China plus one destination, with Samsung, Foxconn and Intel anchoring industrial parks. Zero dividend WHT to foreign corporate shareholders enables clean upstream repatriation. IRC plus ERC sequential filings establish foreign invested entities.
China plus one0% dividend WHTIRC + ERC
Start setup {placement} 4 min · no card required
Corp tax
20%
Fastest setup
10 weeks
Tax treaties
80
Region
Asia
What you'll need
- No resident director required
- Local registered office required
- Economic-substance test applies
- Minimum capital: No minimum capital
- Administrative language: Vietnamese
- Legal system: Civil law
Tax and treaty profile
- Corporate tax 20%
- Tax treaties 80
- VAT rate 10%
- Withholding on dividends 0%
Key treaty partners
SingaporeSouth KoreaJapanChinaUnited KingdomFrance
Banking and payments
- Banking takes 2 to 4 weeks with KYC
- Stripe not supported
- Wise supported
Considerations
If you need English language operations
Vietnamese is mandatory for all filings, contracts and tax submissions. Physical office is required, with substantive local director presence often expected. Notarised translations add cost and time at every step.
Vietnamese only filingsPhysical office mandatoryNotarised translations