Is your agri-tech venture ready to power the next green revolution? While the demand for high-tech farming tools is exploding, a single regulatory oversight in used machinery imports or tax incentive registration could stall your engines before you even hit the field. The advancement of science and technology in agriculture has led to an expanding demand for investment and trade in agricultural machinery and equipment. However, to participate in this market legally and effectively, enterprises must strictly comply with legal regulations regarding establishment, organization, and business operations. From selecting the right corporate form and registering appropriate business lines to meeting requirements for distribution, import, and product warranty, every step is vital. In this article, Viet An Law provides the core legal insights for establishing an agricultural machinery company to help investors gain a comprehensive and correct perspective before deployment.
Table of contents
What is an agricultural machinery business
Agricultural machinery refers to mechanical or electromechanical equipment used in agricultural production to replace or support manual labor, enhancing productivity, quality, and cultivation efficiency.
Agricultural machinery is utilized in various stages, including:
An agricultural machinery business is an activity by organizations or individuals to perform one, several, or all stages of investment, trading, and supplying machinery and equipment to the market for profit. Specifically, this includes:
Legally, this activity is conducted through an enterprise or household business, registering business lines according to the Vietnam Standard Industrial Classification (VSIC) and complying with regulations on product quality, technical standards, origin, tax, and consumer protection.
Conditions for agricultural machinery company formation services in Vietnam
Based on the list of conditional business lines in Appendix IV of the Law on Investment 2020, agricultural machinery trading is not a conditional business line. However, in practice, many companies import used agricultural machinery.
The import of used machinery must meet legal conditions to ensure operational safety, environmental protection, and consumer rights, preventing obsolete technology from entering Vietnam.
According to Article 6 of Decision No. 18/2019/QD-TTg, used agricultural machinery is permitted for import if it meets these criteria:
Enterprises must perform import procedures at the Customs Authority as prescribed by law.
Investors establishing an agricultural machinery company should register the following codes:
Prepare a registration dossier including:
Submit the dossier to the Business Registration Office under the Department of Finance (for HCMC/Hanoi) or Department of Planning and Investment via the National Business Registration Portal.
Pay the announcement fee (100,000 VND) at the time of submission. This is refundable if the application is rejected.
The authority issues a receipt and sets a result date if the application meets all formal requirements (proper name, phone number, and paid fees).
The registration content must be publicly announced on the National Portal for 30 days.
To import used combine harvesters or tractors from Japan, you must satisfy Decision 18/2019/QD-TTg. The most critical factor is that the equipment age must not exceed 10 years.
Under Articles 13 and 14 of the Law on Corporate Income Tax 2025, new investment projects in agricultural machinery production in socio-economically disadvantaged areas enjoy special investment incentives:
Don’t let the complexity of used machinery regulations or the 2025 Tax Law changes slow down your growth. Whether you are importing from Japan or manufacturing locally, securing your legal foundation today is the first step toward a bountiful harvest in Vietnam’s agri-business sector. For further legal assistance on agricultural machinery company formation services in Vietnam, please contact Viet An Law for timely support.
