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Conditional business lines in Vietnam

Some activities need conditions, a sub-licence or a sector approval beyond company registration. Check them before you file, and before you take on regulated work.

Step 1 of 5

Where is your Vietnam company today?

The work after registration starts the day the company exists.

What will it sell in Vietnam?

Products can need their own registration before they go on sale.

Does any business line need conditions or a sub-licence?

Some activities need approvals beyond the company registration.

Will it trade under a brand?

A company name is not a trademark.

Will foreigners work in the company?

Including the owners who work in it.

Market-access conditionsForeign investors, by sector
Investment registrationThe project and its business lines
Sector authoritiesSub-licences & approvals
Registered activitiesThe wording that decides it

Conditional business lines, in plain terms

Where the conditions come in

Conditions are settled before the company is registered, then met before the regulated line operates.

  1. Describe the activity

    What the company will actually do, in the words it will be registered with.

  2. Check market access

    Ownership, sector and investor conditions confirmed before anything is filed.

  3. Investment registration

    The project and its business lines are approved with the investment registration.

  4. Enterprise registration

    The company is formed with its registered activities.

  5. Sub-licence

    Where a line is conditional, its approval is in place before that line operates.

  6. Keep it current

    New or changed lines are checked the same way before the work starts.

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What a condition can require

Depending on the activity, a condition can reach well beyond the paperwork.

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Qualifications

Professional qualifications for the people who carry out the activity.

Check your business lines

Tell us what the company will do and for whom. We check the market-access conditions and the conditional list for each line, and set out what has to be in place before it operates.

  • A dedicated specialist reviews your case.
  • Fixed scope in writing before any work begins.
  • Avg reply 3 minutes on WhatsApp, 24 × 7.

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What clients say

Frequently asked

How do I know whether a business activity is regulated in Vietnam?
An activity may require conditions, sub-licences, professional qualifications, capital, premises standards, or sector-authority approvals beyond ordinary enterprise registration. This can depend on the specific service, target customer, location, investor profile, and how the activity is described in the company’s registration. Confirm the operating activity before incorporation and before accepting regulated work.
Can a foreign investor enter the Vietnam market in any sector?
Foreign investors can participate in many Vietnamese sectors, but market access can vary by activity, ownership structure, investor nationality, location, and current commitments or conditions. Some activities are restricted, conditional, or require additional approvals. Check market-access conditions before committing to a legal structure, ownership split, lease, or commercial launch.
How should a company choose its name and registered activities in Vietnam?
The proposed company name and registered activities should accurately support the intended business while meeting registration and sector requirements. Activity wording can affect market access, licensing, tax, banking, invoicing, and later expansion. Confirm the commercial plan and activity scope before filing, rather than treating registration wording as a cosmetic choice.
What are an IRC and ERC?
For many foreign-invested companies, the Investment Registration Certificate records the approved investment project and key investment terms. The Enterprise Registration Certificate establishes the enterprise itself. Not every case follows an identical path, so the precise filings depend on the activity, investors, location, and applicable foreign-investment conditions.
Do I need a zone to own 100% of my company in Vietnam?
No. Full foreign ownership is the default nationwide under the Investment Law 143/2025/QH15, subject to the market-access conditions for foreign investors and the conditional-business list, which is the same list inside and outside every zone. A zone changes which board issues the investment registration certificate; it does not change who may own the company. Since 1 March 2026 a foreign investor may even form the company before applying for the certificate.
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