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Cost to Close Company in Vietnam (2026): Procedures, Fees and Required Expenses

Depending on the operational status of the enterprise, its years of operation, tax records, and financial obligations, the cost to close a company in Vietnam may vary from case to case. Businesses should clearly understand the expenses involved in the company dissolution process in Vietnam in order to prepare an appropriate budget, plan the timeline effectively, and avoid legal risks during the procedure.

The article below by Viet An Law provides detailed information on the cost of company dissolution in Vietnam in 2026, including required fees, factors affecting company closure costs Vietnam, estimated timelines, and important legal considerations to help enterprises complete the dissolution process quickly and in compliance with Vietnamese regulations.

Table of Contents

Quick Summary of Company Dissolution Costs in Vietnam

Content Key Information
Procedure Company dissolution under the Law on Enterprises
Conditions All debts and financial obligations must be fully settled
Main expenses Tax finalization, tax code closure, dissolution announcement, legal services
Dissolution announcement fee VND 100.000 per publication
Legal service cost Approximately VND 5.000.000 – 20.000.000 depending on the company’s status
Total estimated cost Usually VND 8.000.000 – 30.000.000
Processing time About 40–65 working days if documents are complete

Note: An enterprise may only proceed with company dissolution in Vietnam after completing all tax obligations, settling all debts, and ensuring that the company is not involved in ongoing disputes before a court or arbitration authority.

When Must a Company Carry Out Company Dissolution Procedures?

Under Vietnamese enterprise law, a company must carry out dissolution procedures when it ceases operations and no longer intends to continue business activities. Common situations leading to company dissolution in Vietnam include:

When Must a Company Carry Out Company Dissolution Procedures?

Expiration of the operating term

If a company was established with a specific operating period stated in its charter and the term expires without extension, the enterprise must carry out dissolution procedures in accordance with the law.

Decision of the owner, members, or shareholders

The owner of a private enterprise, the company owner, the Members’ Council, or the General Meeting of Shareholders may decide to close a company in Vietnam when the business no longer wishes to continue operations.

Insufficient number of members

If a company fails to maintain the minimum number of members required by law within the prescribed period and does not convert to another business structure, it may be required to dissolve.

Revocation of the Enterprise Registration Certificate

A company may also be dissolved if the competent authority revokes its Enterprise Registration Certificate due to legal violations or failure to meet operational requirements.

Note: Enterprises may only be dissolved after fully settling debts and financial obligations and ensuring there are no ongoing disputes before a court or arbitration.

How much does it cost to close a company in Vietnam?

The company dissolution fees Vietnam depends on several factors such as the company’s tax declaration status, operational scale, number of employees, and whether there are outstanding financial obligations.

In practice, the company dissolution cost in Vietnam usually includes the following expenses:

  • Tax finalization and tax code closure procedures
  • Asset liquidation and settlement of financial obligations
  • Publication of dissolution information on the National Business Registration Portal
  • Legal service fees (if the company hires a law firm or consulting firm)

Typically, the cost of company dissolution in Vietnam ranges from VND 5.000.000 to VND 50.000.000 for companies without complex tax issues.

How Much Does It Cost to Close a Company in Vietnam?

For companies that have operated for many years, have errors in tax declarations, or still have unresolved financial obligations, the cost to liquidate a company in Vietnam may be higher depending on the complexity of the case.

Cost Item Estimated Cost
Dissolution Publication Fee VND 100.000
Tax finalization procedures VND 5.000.000 – 50.000.000
Legal service fees VND 15.000.000 – 50.000.000

Breakdown of expenses when closing a company in Vietnam

Tax finalization and tax code closure

This is the most important expense in the dissolution process. The company must complete:

  • Corporate income tax finalization
  • Value-added tax finalization
  • Personal income tax finalization
  • Settlement of all tax obligations with the tax authority

If tax errors or unpaid taxes exist, the tax authority may require adjustments and additional payments before approving the dissolution.

Dissolution announcement fee

Under enterprise registration regulations, companies must publish the dissolution announcement on the National Business Registration Portal.

The official publication fee is approximately: VND 100.000 per publication.

Asset liquidation and financial settlement

Before completing the dissolution procedure, the enterprise must:

  • Pay outstanding debts to partners
  • Pay employee salaries and benefits
  • Liquidate company assets

In some cases, companies may need to hire professional asset valuation or liquidation services.

Legal service fees

Many companies choose to use professional legal services to close a company in Vietnam in order to save time and reduce legal risks.

Legal service fees typically range from: VND 5.000.000 – 50.000.000

depending on:

  • Tax records and tax declaration status
  • Duration of company operation
  • Number of employees
  • Complexity of the dissolution procedure

Cost of dissolving an FDI company in Vietnam

For foreign-invested enterprises (FDI), the company dissolution cost in Vietnam is usually higher because additional procedures related to investment projects must be completed.

These costs may include:

  • Termination of the investment project
  • Returning the Investment Registration Certificate
  • Customs clearance confirmation
  • Tax finalization procedures

The total cost for FDI company dissolution in Vietnam usually ranges from:

VND 10.000.000 – 50.000.000 depending on the case.

Factors affecting the cost of company dissolution in Vietnam

The cost to close a company in Vietnam is not fixed and may depend on several factors:

Tax declaration status

If tax reports or financial statements have not been fully submitted, the tax authority may require additional filings before approving dissolution.

Duration of operation

Companies that have operated for many years often have more tax records requiring review.

Number of employees

Companies with many employees must complete additional procedures related to social insurance and employee benefits.

Assets and outstanding debts

If the enterprise has significant assets or complicated liabilities, the liquidation process may take longer.

Time required to close a company in Vietnam

The timeline for company dissolution in Vietnam mainly depends on tax finalization and settlement of financial obligations.

Comparison of dissolution timelines

Company type Estimated time
Domestic enterprise 2 – 4 months
FDI enterprise 4 – 6 months

In cases involving complex tax issues, the process may take longer.

Frequently asked questions about Vietnam company dissolution costs

How much does it cost to dissolve a company in Vietnam?

The cost of dissolving a company typically ranges from 3,000,000 VND to 30,000,000 VND or higher, depending on the company’s tax status, accounting records, and financial obligations.

What are the company closure costs Vietnam include?

The Vietnam company liquidation costs may include tax settlement fees, invoice processing fees, accounting record completion fees, dissolution announcement fees, and consulting service fees (if any).

Why do Vietnam company dissolution costs vary between enterprises?

Costs depend on the size of the business, the number of years in operation, tax declaration status, outstanding debts, and the level of completeness of accounting records.

Does a company with no revenue incur dissolution fees?

Yes. Even without revenue, a business may still incur costs related to tax procedures, accounting, and dissolution processing.

Does having a tax identification number locked increase company dissolution fees Vietnam?

Possibly. In many cases, enterprises have to go through additional procedures to restore their tax identification number or address violations before dissolution.

How much are the tax settlement costs during dissolution?

The cost depends on the status of accounting records, the number of documents, and the processing requirements of each enterprise.

Are the dissolution costs of FDI companies higher than domestic enterprises?

Generally, the dissolution costs of FDI companies are higher due to the need to complete additional procedures for terminating the investment project and handling obligations related to investment activities.

Are there any state fees to pay when dissolving a company?

Depending on the case, enterprises may incur some fees or administrative costs during the dissolution process.

Is hiring a company dissolution service more cost-effective?

For enterprises with complex tax records or outstanding financial obligations, using professional services can help reduce processing time and limit the risk of unexpected costs.

How to reduce Vietnam company liquidation costs?

Enterprises should complete their accounting records, file taxes fully, settle debts, and prepare all necessary documents before proceeding with the dissolution process.

Company Dissolution Services at Viet An Law

Viet An Law provides full-service company dissolution in Vietnam, assisting enterprises with all legal procedures from start to finish.

Our services include:

  • Advising on conditions and procedures for company dissolution
  • Preparing dissolution dossiers and legal documents
  • Supporting tax finalization and tax code closure
  • Handling customs confirmation procedures for FDI enterprises
  • Representing clients in submitting dossiers and monitoring processing results

Viet An Law commits to:

  • Compliance with legal regulations
  • Transparent service costs
  • Full confidentiality of client information

If your business needs advice on the cost to close a company in Vietnam, please contact Viet An Law for prompt and professional assistance.

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