Business Registration: 100% Foreign-Owned LLC Timelines Shortened

For unrestricted business sectors, the Department of Planning and Investment (DPI) has formally reduced the foreign-owned LLC formation timeline to 15 working days. This covers both the Investment Registration Certificate (IRC) and Enterprise Registration Certificate (ERC).

Conditional sectors (education, real estate brokerage, logistics, financial services) continue to require sub-licenses and pre-approval from line ministries. ImmiLaw.VN assists clients in structuring the most efficient entity model—WFOE, JV, or representative office—based on commercial objectives.