Establishing a Technology Company in Vietnam for Foreign Investors

Why Vietnam?

Over 500,000 IT professionals and more than 50,000 STEM graduates each year; competitive labour costs; incentive policies for the tech sector (corporate income tax of up to 10% for 15 years, 4 years exemption and 50% reduction for the next 9 years for eligible projects); and a large domestic market with 79 million internet users.

Legal requirements:

Foreign investors may hold 100% in software development, IT services and data processing; some telecom, broadcasting and content-distribution areas are restricted. New rules require personal data protection and data localisation under Law 91/2025/QH15 (effective 1 January 2026).

Capital & timeline:

Minimum capital of around USD 10,000–50,000; registration takes 30–45 days; the common structure is a 100% foreign-owned limited liability company.