South Korea → Vietnam
Vietnam entry for Korean companies, run by a team on the ground
Korea is Vietnam's largest foreign investor. We handle the Vietnamese side - licensing, hiring, books, partners - and report to your headquarters in English.
What this means for you
Tax treaty position
Korea and Vietnam have a double taxation agreement in force, so dividends, interest and royalties flowing home are generally taxed under treaty rates rather than the domestic default. The Korea-Vietnam FTA sits alongside ASEAN and RCEP terms for goods.
Before capital leaves home
Outbound investment from Korea is reported under the Foreign Exchange Transactions Act, in practice through your designated foreign exchange bank, before the capital is remitted. Confirm the current forms and thresholds with that bank.
What this origin usually gets wrong
Korean groups often move faster than their capital does: the Vietnam entity is licensed but charter capital has not been contributed within the deadline stated on the investment certificate. We plan the remittance schedule against that deadline from the start.
This is orientation as at today, not legal or tax advice, and rules change. Confirm the home-country steps with the authority or bank named above. BusinessPartner.vn is a business support and execution partner, not a law firm; where a matter needs formal legal advice we coordinate with licensed professionals.
What we see from this market
- Component suppliers following an anchor manufacturer into Bac Ninh, Thai Nguyen or Hai Phong
- Charter capital contributed late because the remittance was planned after licensing, not with it
- Teams hired through EOR while the factory entity is being licensed
Want this in writing?
Consultations and written replies are handled in English and Vietnamese.