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 dissolution costs, estimated timelines, and important legal considerations to help enterprises complete the dissolution process quickly and in compliance with Vietnamese regulations.
| 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.
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:
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.
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.
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.
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.
Under Vietnamese enterprise law, a company may only proceed with dissolution when all of the following conditions are satisfied:
Before dissolution, the enterprise must fully settle all outstanding debts, including liabilities to partners, suppliers, employees, and other financial obligations required by law.
The enterprise must complete tax finalization procedures and fulfill all tax obligations incurred during its operation. After tax obligations are completed, the tax authority will issue confirmation for the closure of the company’s tax code, which is a required step to close a company in Vietnam.
A company cannot be dissolved if it is involved in legal disputes being handled by a court or arbitration body. Dissolution procedures will only proceed once such disputes have been resolved.
Important note: Meeting all of the above conditions is mandatory for the Business Registration Authority to approve the enterprise dissolution dossier.
The cost to close a company in 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:
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.
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 |
This is the most important expense in the dissolution process. The company must complete:
If tax errors or unpaid taxes exist, the tax authority may require adjustments and additional payments before approving the dissolution.
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.
Before completing the dissolution procedure, the enterprise must:
In some cases, companies may need to hire professional asset valuation or liquidation services.
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:
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:
The total cost for FDI company dissolution in Vietnam usually ranges from:
VND 10.000.000 – 50.000.000 depending on the case.
The cost to close a company in Vietnam is not fixed and may depend on several factors:
If tax reports or financial statements have not been fully submitted, the tax authority may require additional filings before approving dissolution.
Companies that have operated for many years often have more tax records requiring review.
Companies with many employees must complete additional procedures related to social insurance and employee benefits.
If the enterprise has significant assets or complicated liabilities, the liquidation process may take longer.
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.
The dissolution process usually takes 30 – 45 working days if the enterprise has completed all tax obligations and the dossier is complete. If tax obligations remain unresolved, the process may take longer.
No. A company must fully settle all tax debts and financial obligations before completing the dissolution procedure.
Typical documents include the dissolution decision, meeting minutes approving dissolution, dissolution notice, list of creditors and liabilities, and other relevant documents required by law.
Using professional legal services can help companies save time, minimize documentation errors, and ensure full legal compliance, especially when tax obligations or accounting records are complex.
Viet An Law provides full-service company dissolution in Vietnam, assisting enterprises with all legal procedures from start to finish.
If your business needs advice on the cost to close a company in Vietnam, please contact Viet An Law for prompt and professional assistance.
