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Frequently Asked Questions

F.A.Q

Frequently asked questions

INDIVIDUAL

How Much Will It Cost?

The cost can vary based on individual circumstances and the specific services you need. Typically, a basic package costs around $1,500 USD per person, covering essentials like visa support, housing assistance, and orientation. Customized packages with additional services may have higher costs, and we’ll work with you to find the best solution for your needs.

How Soon Can I Move? What Is the Process?

Start by visiting our "Book a Call" section to answer a few questions about your situation. This helps us prepare for your consultation. During the consultation, we discuss your needs and goals. You’ll receive a quotation within 48 hours. Once you’re satisfied with the plan, we can begin your visa application (this is usually the longest part of the process).

What Documents Do I Need?

Moving to Vietnam requires the following documents:

  • Valid passport
  • Proof of employment or income
  • Educational certificates (for teaching or business-related visas)
  • Medical records or health insurance proof
  • Criminal background check
  • Recent passport-sized photos

We’ll provide a detailed list based on your situation to ensure you have everything in order.

Is the Entire Process Handled In-House?

We manage the majority of the process in-house. However, some countries have regulations that limit direct foreign involvement in certain aspects. In such cases, we partner with trusted agencies to ensure top-quality service, overseeing everything for a seamless experience.


Is Healthcare Included in the Package?

Healthcare is not included in the relocation package. However, we can recommend the best healthcare options available, including top hospitals, clinics, and affordable health insurance providers in Vietnam. We'll guide you to ensure you have access to the care you need.

BUSINESS

How long does it take for a foreigner to establish a company in Vietnam?

Once all applications and supporting documents are ready, the process usually takes about three weeks. Here's the timeline: the first two weeks are for obtaining the Investment Registration Certificate (IRC), followed by one week for the Enterprise Registration Certificate (ERC). The quicker you provide the necessary details and documents, the sooner the company can be established. The process starts as soon as all required information is submitted.

What does the process of company establishment look like?

We will help you apply for an Investment Registration Certificate (IRC) and an Enterprise Registration Certificate (ERC) and once they have all been issued, your Vietnamese company is operational.

At first, you will send us a scanned copy of passports and other details on a director and shareholders, capital amount, company names, business activities, company address. We will check if your proposed company names and business activities are available before preparing all draft application documents.

We will have the draft application documents sent to you via email. You will have them printed out, signed and returned to us together with other documents prepared by you (notarized copies of passports, proof of funds, and proof of company address).

We will check and establish an application file before filing it to a relevant Department of Planning and Investment (a local government agency of a city/ province that registers Vietnamese companies).


Do I need a company address?

Yes, of course. All Vietnamese companies must have a local registered address. If you don’t have one already, use our virtual address service. We will help you handle your incoming letters, scan and store them in your Xplore Vietnam account so you have easy access to all your documents.

What is the minimum capital amount?

There is no requirement on the minimum amount of capital to set up a company in Vietnam, except for certain business activities that requires a legal capital. For instance, a real estate company must have a registered capital of VND 20 billion or more.

We will advise you about the minimum capital on a case-by-case basis. If you want to decrease or increase the capital amount in the future, Level Advise will advise if so required.

Is it compulsory to have local director/shareholder?

Shareholder:

No, it is not, except for certain business activities that require the certain percentage of local ownership in Vietnam companies.

Director:

No. You don’t need to have any local director in order to form a company in Vietnam.

Do I need to visit Vietnam personally to open a company?

Not at all! You can remotely handle Vietnam company incorporation by way of hiring Xplore Vietnam for the purpose. All you have to do is to provide us with all company details as well as documents in hard copy as so advised by Xplore Vietnam.


Can me and my family obtain the resident permit to work and study in Vietnam?

Yes, you and your family members can obtain Temporary Residence Cards which are valid for 2 years and can be renewed afterward. These Temporary Residence Cards will also serve as long-term visas during the terms thereof.

You must have Vietnam investment visa or Vietnam working visa and your dependents must have Vietnam dependent visas which are all sponsored by your Vietnam company in order to apply for Temporary Residence Cards.

You cannot obtain dependent visas for your dependents unless and until you already have your own Temporary Residence Card.

It will take us about 3 weeks to help you get a Temporary Residence Card.


What is Vietnam Investment Visa?

It’s a type of investment visa just issued to a foreign shareholder of a Vietnam company whose name appears on an Investment Registration Certificate (IRC) or an Enterprise Registration Certificate (ERC). Since July 1st, 2020, only foreign shareholders of a company with the paid-up capital of VND 3 billion or more are eligible for investment visas.

What are the requirements to get Vietnam Working Visa?

If you are a shareholder of a Vietnam company with a paid-up capital of VND 3 billion or more, you are qualified to get an Vietnam Investment Visa. Otherwise, you must obtain a Vietnam Work Permit Exemption before applying for a Vietnam Working Visa.

If you are not a shareholder and want to work for a specific Vietnam company, you must have an offer of employment to fill a genuine job vacancy of that Vietnam company. The sponsoring company must apply for a Vietnam Work Permit for you before you can obtain a Vietnam Working Visa.

In order to get a Vietnam Work Permit, you need to qualify for the job, which means your health, background, experience, and education in the relevant field and clean criminal record must meet the requirements of the Vietnamese laws.