One address is needed when you register your company in Vietnam. It will be used by bank, authorities, suppliers and clients to contact you. There are currently 5 accepted type of locations allowed for establishing a company:
1/ Office (in an office building)
2/ Office-tel (usually in condominium)
3/ Ground floor of buildings
4/ Houses (including villa and houses
5/ Industrial area
It is forbidden to register a company in an apartment. In order to be compliant, the building management must provide a certificate to confirm that the building has been authorized to be registered a corporate address. In the market, many will knowingly (or not) register your company in an unauthorized location. The fine is around 2.000USD and will mostly occur within 24 months after incorporation.
If you do not have an address to register your company, please contact us, we have interesting plans to host your company!