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US LLC From Vietnam: Formation, Tax and Banking (2026)
Vietnamese founders form US LLCs to sell to American customers and use US payment tools. Here is how it works from Vietnam, the rules on investing abroad, and the banking limits to plan for.
A Vietnamese resident can form a US LLC online with no SSN or US visit, but plan carefully: investing abroad from Vietnam generally requires an outward investment registration, Mercury does not open accounts for founders living in Vietnam, and Stripe does not offer standard merchant accounts there.
Why Founders in Vietnam Form a US LLC
- Accepting payments through Stripe US
- Selling to US clients or on Amazon US
- Receiving USD into a US account
Tax and Rules for Residents of Vietnam
| Point | What applies |
|---|---|
| Investing abroad | Vietnamese residents generally need an outward investment registration certificate |
| Vietnam tax | Residents are generally taxed on worldwide income |
| US-Vietnam tax treaty | Signed but not in force |
| US filing | Form 5472 with a pro forma Form 1120 every year for a foreign-owned single-member LLC |
Our tax team, including M. Hassan, CPA, handles the US filings such as Form 5472. For home-country tax, speak with a local adviser.
Banking and Payments From Vietnam
Vietnam is on Mercury’s prohibited-countries list, so Mercury will not open accounts for founders who live there, and other providers decide case by case. See our bank account guide and Stripe guide.
How to Form a US LLC From Vietnam
- Choose a state: Wyoming or New Mexico for most, Delaware for US investors
- We check the name and file with the state
- We get your EIN as a foreign applicant, without an SSN
- You receive your documents and apply for banking and payments
- Each year: the state filing and Form 5472
Common Mistakes to Avoid
- Skipping the outward investment registration.
- Applying to Mercury from Vietnam.
- Skipping Form 5472 because the LLC had no income.
Need Stripe? Read our step-by-step guide: How to open a Stripe account in Vietnam. It covers what Stripe checks, banking options for Vietnam founders and the mistakes that get accounts closed.
What a US LLC From Vietnam Costs Each Year
Forming a US LLC from Vietnam is a one-time cost plus a few yearly filings. Our all-in packages start at $190 for New Mexico and $199 for Wyoming, and include the state fee, a registered agent, your EIN and a US mailing address for the first year. After that, plan for three things every year: the state filing (Wyoming’s annual report is $60 for most small LLCs, and New Mexico has none), your registered agent renewal, and Form 5472 with a pro forma Form 1120 if the LLC is single-member and foreign-owned.
Most founders in Vietnam choose Wyoming or New Mexico because the yearly cost stays low. Delaware makes sense mainly if you plan to raise money from US investors.
Is a US LLC From Vietnam Right for You?
A US LLC from Vietnam is a strong tool when it solves a real problem, such as getting paid by US clients or selling on US platforms. Before you order, check these points:
- Stripe access. Stripe does not offer standard merchant accounts in Vietnam, and a US LLC with a US bank account is the usual route to Stripe US.
- Plan banking first. Mercury does not open accounts for founders living in Vietnam, so confirm which bank or fintech will accept you before you rely on the LLC for payments. We tell you honestly what is realistic before you order.
- Check local rules first. Vietnam has rules on investing or moving money abroad, so take local advice before you fund the LLC.
- Treaty not in force yet. The US-Vietnam tax treaty is signed but not yet in force, so do not plan around treaty benefits for now.
- Every year, even with no income. A foreign-owned single-member LLC files Form 5472; missing it can cost $25,000.
Not sure? Message us on WhatsApp with what you sell and where your customers are. We will tell you whether a US LLC from Vietnam is worth it before you pay anything.
US LLC From Vietnam: FAQs
Can a Vietnamese resident own a US LLC?
US states allow it, but Vietnam generally requires an outward investment registration. Get local advice first.
Can I open a US bank account from Vietnam?
Options are limited. Mercury does not accept founders living in Vietnam.
Is Stripe available in Vietnam?
Stripe does not offer standard merchant accounts in Vietnam.
How much does it cost to form a US LLC from Vietnam?
Our all-in packages start at $190 for New Mexico and $199 for Wyoming, with the state fee, registered agent, EIN and a US mailing address for the first year included.
How long does it take to form a US LLC from Vietnam?
Wyoming online filings are often approved the same day, and we then get your EIN, usually within 24 hours. You can do everything online from Vietnam.
Start Your US LLC From Vietnam
One all-in price with the state fee, registered agent and EIN included.
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