Guide to Registering an Industrial Machinery Production Project in Vietnam

Company B, a leading industrial machinery manufacturer from South Korea, planned to expand into Southeast Asia. After market research, Vietnam emerged as an ideal destination with strong growth potential and competitive manufacturing costs.

However, once they launched the project, Company B quickly discovered that investment registration wasn’t as easy as expected. Complex legal procedures, ever-changing regulations, and lack of transparent information created many obstacles—especially in selecting the right business lines, obtaining an investment license, and understanding investment incentives in the supporting industries.

With the support of DEDICA—an experienced legal partner—Company B received clear, step-by-step guidance and completed all procedures in under 60 days.

How to Effectively Register an Industrial Machinery Production Project in Vietnam

Registering an industrial machinery production project in Vietnam isn’t just about submitting paperwork and waiting for approval. In reality, it’s a complex process requiring investors to understand regulations, prepare full documentation, and follow precise procedures. Even a single mistake—such as wrong industry classification, missing financial proof, or submitting to the wrong authority—can delay the project for months. To help investors save time, reduce costs, and avoid legal risks, DEDICA shares detailed steps below:

Step 1: Determine the Business Line and Investment Conditions

• Industrial machinery production falls under the manufacturing sector, which is encouraged by the government—especially if it's within the supporting industry list.

• Investors should:

  1. Check the industry code using the VSIC system and the conditional investment industry list under the 2020 Investment Law.

  2. Confirm whether the intended industry requires specific capital contribution ratios, high-tech requirements, or environmental standards.
     Misclassifying the project here can lead to denial or extended review timelines.

Step 2: Prepare and Submit the Investment Registration Certificate (IRC)
After defining the industry, companies must prepare:

• Investment proposal document

• Project description (scale, technology, land use, capital source, etc.)

• Proof of financial capacity

• Requested investment incentives (if applicable)

• Legal documents of investors (passport copies, business registration, etc.)
  The IRC is issued by the Industrial Park/Export Processing Zone Authority or the Department of Planning and Investment, depending on location. The appraisal and issuance time is typically 15–30 working days.

Step 3: Obtain the Enterprise Registration Certificate (ERC) & Handle Post-Establishment Procedures
With the IRC in hand, investors proceed with company incorporation in Vietnam (LLC or joint-stock company with FDI). Required documents include:

• Company charter

• List of shareholders/members

• Legal address

• Legal representative information
  Once the ERC is issued, the company must:

• Make the legal seal

• Open a bank account

• Register for tax code

• Register labor and social insurance

• Apply for environmental, fire safety, and construction permits (if needed)
  These steps are mandatory to ensure legal operation.

Step 4: Manage Legal Compliance During Operation
After launch, many companies face issues such as:

• Failure to submit periodic investment reports

• Violations in profit remittance or capital transfers abroad

• Non‑compliance with tax, insurance, or labor obligations
  Having a legal advisor from the start helps the company meet regulations and anticipate legal risks.

Why Choose DEDICA for Your Industrial Project in Vietnam?

With many years of experience, DEDICA has successfully advised numerous FDI enterprises—especially in machinery manufacturing and supporting industries. Our strengths go beyond legal knowledge; we excel in navigating administrative systems and developing strategies to maximize investor benefits.

We not only ensure timely procedure completion but also propose:

• Tax and licensing optimization roadmap

• Investment structure to maximize incentives

• Intellectual property protection for industrial technology and designs

Are you preparing to launch an industrial machinery production project in Vietnam?
Let DEDICA support you from the first brick to a smoothly operating production line. With our team of expert lawyers and comprehensive legal solutions, we guarantee your investment will be secure, balanced, and future‑ready.

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📩 Contact us now for a free initial consultation with our professional legal team!