Enterprise Registration Certificate (ERC)
The ERC is the certificate issued by Vietnam's business registration authority that legally establishes a company — the starting point for any foreign-invested entity.
Under Decree No. 168/2025/ND-CP, the ERC records an enterprise's core registration information and doubles as its tax registration certificate — the enterprise code on the ERC is also the company's tax code. It is not a business license: companies in conditional sectors still need a separate sub-license to operate, on top of the ERC.
Table of Contents
How It Works
- Step 1: Apply for an Investment Registration Certificate (only applicable to enterprises established with capital from foreign investors) at the investment registration authority or apply for investment policy approval for projects subject to approval according to authority
- Step 2: Apply for an Enterprise Registration Certificate at the business registration authority where the enterprise places its headquarters (Processing time: 03 working days from the date of receiving a valid dossier)
- Step 3: Perform post-establishment services such as carving the company seal, making the company sign and hanging it at the headquarters, purchasing digital signatures, opening a bank account and notify
Conditions & Eligibility
According to the provisions of Article 28 of the Law on Enterprises 2020, amended in 2025, an organization or individual will only be issued an ERC (ERC) when meeting all the following legal conditions:
- Lawful registered business lines
- The enterprise may only register activities in lines that are not prohibited from investment and business according to the provisions of the Law on Investment and current guiding documents. In case the enterprise conducts conditional business lines, it needs to fully meet the investment–business conditions before officially operating.
- The enterprise name is correctly regulated.
- The enterprise name must comply with the provisions of Articles 37 – 42 of the
Required Documents
- Application for enterprise registration in the prescribed form
- Company Charter
- List of members (for multi-member LLCs) or list of shareholders (for JSCs)
- List of beneficial owners (if any)
- Copies of legal documents of the company owner, members/shareholders, and legal representative
- Notarized copies of the establishment decision or enterprise registration certificate for institutional investors
- Copy of the Investment Registration Certificate for foreign investors
- Power of attorney for carrying out enterprise registration procedures (if any).
Government Fees
According to the fee form and business registration fee in Circular No. 47/2019/TT-BTC, the business registration fee is as follows:
- Business registration fee (including: New issuance, re-issuance, change of content of Enterprise Registration Certificate and Certificate of Registration of Branch, representative office, business location of the enterprise): 50,000 VND/time
- Fee for publishing business registration content: 100,000 VND/time
- Notes:
- Subjects exempted from fees and charges: Enterprises that supplement or change information due to changes in administrative boundaries are exempted from business registration fees and fees for publishing business registration contents
- Enterprise
Validity
- According to Article 33 of Decree 168/2025/ND-CP, enterprises have the right to conduct business activities from the date of being granted the Certificate of Enterprise Registration, except for cases of business in conditional investment and business lines.
- In case an enterprise registers the date of commencement of business operations after the date of issuance of the Certificate of Business Registration, the enterprise is entitled to conduct business operations from the date of registration, except in cases of business in conditional investment and business lines.
- If an enterprise is granted a new Enterprise Registration Certificate, the previously granted Enterprise Registration Certifi
Legal basis: Decree 168/2025/ND-CP, Law on Enterprises 2020, Article 20 of Decree 168/2025/ND-CP, Law on Investment 2020, Decree 31/2021/ND-CP.
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