Korean Investor Faced Licensing Challenges – How DEDICA Helped Resolve It On Time?

Client A, a Korean investor, planned to establish a factory manufacturing electronic components in Dong Nai province. After months of market research, Client A signed a lease for a workshop in an industrial park and prepared the application for the Investment Registration Certificate (IRC).

However, the application was rejected due to missing valid land lease agreements and lack of official confirmation on land use from the industrial park authority. The project was delayed for nearly three weeks, affecting the investor’s regional supply chain expansion timeline.

Upon taking the case, DEDICA worked directly with the industrial zone management board to renegotiate the lease and supplement all necessary land-related documents according to legal standards. Within 12 days, Client A received the IRC and was able to move forward with business operations as scheduled.

Investment Registration Procedure in Vietnam for Foreign Investors

Vietnam is one of Southeast Asia’s top destinations for international investors due to its political stability, abundant labor force, and favorable investment policies. However, to officially launch a project in Vietnam, foreign investors must follow a legal process. Below is the standard process that DEDICA has refined from handling hundreds of foreign investor cases.

Step 1: Obtain Investment Registration Certificate (IRC)

  • Determine the investment type and business line

  • Prepare documents: project proposal, investor's passport/business registration, site confirmation...

  • Submit to the Department of Planning and Investment (or Industrial Zone Management)

  • Processing time: Approx. 15 working days

Step 2: Obtain Enterprise Registration Certificate (ERC)

  • Prepare documents: company charter, list of members/shareholders, IRC...

  • Submit to Business Registration Office – Department of Planning and Investment

  • Processing time: Approx. 5 working days

Step 3: Post-registration Procedures

  • Engrave the company seal and register e-signature

  • Open a foreign investment capital account and transfer capital

  • Announce enterprise information on the National Business Registration Portal

Practical Insights to Help Investors Save Time and Cost

  • Choose the correct investment sector and model in line with WTO commitments

  • Fully prepare land use documentation, lease agreements, and financial capacity proof

  • Understand local administrative practices and partner with experienced legal advisors familiar with Vietnamese laws and culture

DEDICA has successfully assisted hundreds of foreign investors to launch compliant and efficient investment projects in Vietnam. We don't just “prepare paperwork”—we walk with our clients from idea to execution, clearing legal pathways for long-term project success.

Contact DEDICA Law Firm today for expert legal advice!

  • Phone: (+84) 39 969 0012 (We are available on WhatsApp, WeChat and Zalo)

  • Head Office: 144 Vo Van Tan Street, Vo Thi Sau Ward, District 3, Ho Chi Minh City, Vietnam

  • Hours: Monday–Friday (8:30 am – 6:00 pm)

Call us now or leave us a message to get advice. Initial consultation is free of charge.

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A Japanese Investor’s Journey to Set Up a 100% Foreign-Owned Company in Vietnam – 5 Steps for Success