Offshore Company Formation Services: Benefits and Costs

Table of Contents

Legal and administrative processes in Vietnam can be challenging for foreign investors entering this market. Getting familiar with these complicated procedures can take a lot of time and effort. Hence, if you are setting up a company in Vietnam, offshore company formation services could be a smart solution.

In this article, Thao & Co. discusses:

  1. • Offshore company formation cost
  2. • Benefits of company formation services
  3. • Where to find reliable company formation services in Vietnam

What are offshore company formation services?

Offshore company formation services are supporting services for individuals and enterprises throughout the process of setting up a new company.

These services ensure your documentation aligns with Vietnamese business setup requirements and complies with local laws.

Offshore company formation services typically include:

  1. • Consultation on enterprise type selection
  2. • Support for corporate tax code and seal registration
  3. • Consultation on Vietnam regulations
  4. • Document preparation for business registration
  5. • Assistance with enterprise registration procedures
  6. • Accounting and tax services
  7. • Additional supporting services

Are company formation services the right choice for me?

Partnering with a reputable offshore company formation service can offer a wealth of benefits, including:

Minimize legal risks

Vietnam’s complex regulations and legal requirements can pose great challenges to foreign investors. With the help of company formation services, foreign investors can prepare their documents in compliance with local regulations and avoid legal complications.

Save time and effort

Legal procedures can be time-consuming. Offshore company formation services help handle these tedious tasks so that investors can focus on other important business priorities.

Gaining local insight

Established company formation services are backed by teams of experienced professionals with in-depth knowledge of the Vietnamese market, culture, and legal framework.

Native Vietnamese experts fluent in English and other languages can bridge language gaps and provide valuable insights into current market trends and cultural nuances.

Sample company formation service contract – Latest form

Below is a sample contract template for company formation services for your reference.

Offshore company formation cost in Vietnam

The cost of offshore company formation services is one of the top concerns for foreign investors and corporations.

Factors affecting cost

The total offshore company formation cost is influenced by several factors:

  • Type of enterprise: Different business structures – such as limited liability companies, joint stock companies, sole proprietorships, etc. – come with varying service costs.
  • Form of capital contribution: Setting up enterprises with 100% foreign capital typically costs more than enterprises receiving capital transference from a Vietnamese contributor.
  • Scale and business line: Large-scaled enterprises or enterprises operating in conditional business lines such as healthcare, finance, real estate, etc. often face more complex administrative requirements, resulting in higher service fees.
  • Service coverage: Basic service packages like document preparation and submission are more affordable, while comprehensive packages that include accounting, tax support, and strategic consultation are more expensive.
  • Location: Setting up a business in municipalities (Ho Chi Minh City, Hanoi, Da Nang, etc.) requires a larger budget compared to other areas.
  • Timeline: Expedited services for urgent requests generally involve additional fees.

Market pricing

On average, offshore company formation services in Vietnam range from 8 million to 60 million VND or more, depending on the type of investment and sector:

+ For direct investment enterprises:

  1. • Service industry: 10 million VND to 20 million VND
  2. • Commercial, import, and export: 15 million to 30 million VND
  3. • Other conditional business lines: 35 million VND to 60 million VND

+ For capital transfer enterprises:

  1. • Service industry: 8 million VND to 14 million VND
  2. • Commercial, import, and export: 8 million to 14 million VND
  3. • Other conditional business lines: 10 million VND to 20 million VND

These prices typically cover:

  1. • Document preparation and application for the enterprise registration certificate
  2. • Seal making and seal sample submission
  3. • Announcement of the enterprise registration certificate on the national portal
  4. • Corporate bank account registration
  5. • License tax declaration

Thao & Co. – The perfect choice for foreign investors

Offshore Company Formation Services - Thao & Co.

Looking to establish a new business in Vietnam and in need of a reliable partner? Thao & Co. offers professional offshore company formation services designed to provide top-quality assistance and numerous advantages for foreign investors.

Why choose Thao & Co.?

Expertise and dedication

With extensive experience in Vietnam’s law and market, Thao & Co. is well-equipped to guide foreign investors with valuable insights and support.

Our team of experts possesses not only in-depth knowledge of local regulations, culture, and the economy but also strong language skills to bridge any communication gaps. We’re here to help you turn your business vision into reality without the worry of language barriers.

Professional workflow

Our refined and efficient workflow is a point of pride at Thao & Co., consistently earning positive feedback from clients. We prioritize precision and dedication at each step of the process, ensuring a seamless experience:

  1. ▶️ Initial consultation
  2. ▶️ Document preparation
  3. ▶️ Document submission
  4. ▶️ Results handover
  5. ▶️ After-service support

Offshore company formation services quote

Before entering the service contract, Thao & Co. will provide clients with a detailed and transparent quotation of all service fees. You can have peace of mind knowing there are no hidden costs.

Interested in learning more? Visit our Contact page or send a direct message through our website. Thao & Co. will promptly reach out to assist.

Thao & Co.’s company formation services:

  •  ✅ Legal consultation and enterprise type selection
    •  
  •  ✅ Document preparation and enterprise registration support
    •  
  •  ✅ Notarized translation and consular authentication
    •  
  •  ✅ Investment registration and other legal paperwork support
    •  
  •  ✅ Comprehensive support throughout the entire process

We hope this guide has helped clarify the costs and benefits of offshore company formation services in Vietnam.

Partnering with a reputable and professional service provider not only guarantees legal compliance but also saves you time, money, and effort.

Thao & Co. is always ready to support foreign investors at every step of their journey. Contact us now and take the first step toward success in the Vietnam market

Source: Thao & Company
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