Skip the wait — get a US LLC from Vietnam that already has its EIN

You have two clean ways to get a US company from Vietnam. The fastest is to buy a ready-made Wyoming LLC that is already registered and already has its EIN. The moment the transfer completes — usually within 24 hours — you can open a US business bank account, connect Stripe, and invoice clients in USD. No filing queue, no EIN wait.

If the exact company name matters more than speed, we also register a brand-new LLC for you from $549, with a same-day EIN and full banking and Stripe guidance. Either way, you never need an SSN, an ITIN, a US visa, or a US address.

Vietnam has become one of Asia’s fastest-growing tech outsourcing destinations. With over 530,000 IT workers and a tech sector growing at 20% annually, Vietnamese developers serve clients across the US, Europe, and Asia-Pacific. Vietnam’s tech exports exceeded $6.2 billion in 2023.

Yet Vietnamese professionals face a critical payment infrastructure gap: Stripe is not available in Vietnam, PayPal is limited, and accessing USD payment platforms requires an international entity.

Stripe is not available in Vietnam

Stripe does not operate in Vietnam. Vietnamese founders and freelancers cannot create Stripe accounts, cannot accept card payments through Stripe, and have no direct path to the platform.

Growing tech powerhouse, limited payment options

Vietnam’s tech sector is booming, driven by a young, educated workforce. Ho Chi Minh City and Hanoi are home to thousands of software development companies. But the absence of Stripe means Vietnamese tech companies rely on wire transfers — slow, expensive, and friction-heavy.

The real cost of being locked out

Without proper payment infrastructure, Vietnamese entrepreneurs face:

• No Stripe access — Vietnamese businesses cannot accept card payments through the world’s leading platform
• PayPal limitations — receiving and withdrawing international payments is restricted
• Wire transfer dependency — slow, expensive, and creates friction with international clients
• Currency conversion costs — VND/USD conversions through Vietnamese banks carry unfavourable rates
• Credibility barrier — US and European clients prefer contracting with US-registered entities

Vietnam’s tech talent rivals any country in the world. A US LLC gives Vietnamese professionals the payment infrastructure to match their technical capabilities.

The solution used by thousands of entrepreneurs worldwide is straightforward: operate your international business through a US Limited Liability Company (LLC) — whether you buy one ready-made or have us form a new one.

This is not a loophole. Stripe explicitly supports this model — their own product, Stripe Atlas, exists to help international founders form US companies. Our service provides the same outcome at a lower cost with more state options and personalised guidance.

Why Wyoming is the most popular choice

• No state income tax — Wyoming does not tax LLC income
• Strong privacy protections — member and manager names are not on public filings
• Low fees — $100 state filing fee, $60 annual report
• Asset protection — strongest charging order protections in the US
• Fast processing — online filing processed in 1-2 business days
• No franchise tax — unlike Delaware ($300/year) or California ($800/year)

Required documents

• Valid passport — Vietnamese passport or any government-issued passport
• Vietnamese residential address — your home or business address
• Email address — for correspondence and document delivery
• Phone number — Vietnamese mobile number is fine

What you do NOT need

• No SSN — not required for non-US residents
• No ITIN — not required for LLC formation or EIN
• No US visa — you never need to enter the United States
• No US address — your registered agent provides the US address
• No US bank account — this comes after formation (we guide you)
• No prior US business experience — first-time founders welcome

Once your LLC is formed and your EIN is issued — or, with a ready-made company, the moment the transfer completes — the next step is opening a US business bank account.

Recommended banks for non-residents

Mercury — the most popular choice among international founders. Free business banking, FDIC insurance up to $5 million, Stripe/PayPal integrations. Application completed online.

Relay Financial — no monthly fees, multiple checking accounts, profit-first budgeting. Accepts non-resident applications remotely.

Wise Business — ideal for multi-currency operations. Hold USD, VND, and 50+ currencies with low-cost transfers.

Documents you will need

• Articles of Organization (Certificate of Formation)
• EIN confirmation letter from the IRS
• Operating Agreement
• Valid passport (photo page)
• Business description and expected transaction volume
• Website URL (if applicable)

An EIN is your US federal tax ID, issued free by the IRS. Every LLC needs one for banking, payments, and taxes. With a ready-made company the EIN already exists; with a new formation we obtain it for you, usually the same day.

How we obtain your EIN

1. We prepare your Form SS-4 with your LLC and personal details
2. We call the IRS International EIN line at 267-941-1099 (Monday-Friday, 6am-11pm US Eastern)
3. The IRS assigns your EIN during the call — same-day issuance
4. We follow up with the signed Form SS-4 by fax within 24 hours
5. You receive your EIN confirmation immediately

The IRS charges no fee for EIN assignment.

Standalone EIN service

Already have a US LLC? Standalone EIN application: $199.

If you are a non-US person who owns a US LLC, the IRS requires you to file Form 5472 every year, attached to a pro forma Form 1120.

Key facts about Form 5472

• Who must file: Any foreign-owned US disregarded entity (single-member LLC owned by a non-US person)
• What to file: Form 5472 attached to a pro forma Form 1120
• When to file: By April 15 of the following year (6-month extension via Form 7004)
• How to file: Paper only. Form 5472 cannot be e-filed — it must be mailed to the IRS
• What to report: All reportable transactions between you and your LLC

BOI reporting update (March 2025)

Beneficial Ownership Information (BOI) reporting under the Corporate Transparency Act has been eliminated for domestic LLCs as of March 2025. Foreign-owned LLCs should monitor FinCEN announcements for any future requirements.

Understanding the tax position of your US LLC is essential. The information below is general factual information — consult a qualified tax professional.

US tax position

A single-member LLC owned by a non-resident alien is treated as a disregarded entity for US federal income tax purposes:

• The LLC itself does not pay US income tax
• Income passes through to the owner
• If the LLC has no US-source income, the US tax liability is typically minimal
• You must still file Form 5472 annually
• Wyoming has no state income tax

Vietnam tax considerations

Vietnam taxes its residents on worldwide income. Key considerations:

• Vietnam has a tax treaty with the US that may provide relief from double taxation
• Vietnamese tax residents must declare worldwide income to the General Department of Taxation
• Income earned through a US LLC is reportable in Vietnam
• Consult a Vietnamese tax advisor who understands cross-border structures

We understand the challenges and opportunities facing Vietnamese entrepreneurs. Our service is designed with Vietnamese founders in mind.

Local payment options

We accept international card payments (Visa, Mastercard, JCB) and bank wire transfers. We also accept Wise transfers. For domestic bank transfer (VND), contact us via WhatsApp.

VND price reference

At current exchange rates (approximately 1 USD = 25,400 VND), the Business Ready package at $549 is approximately VND 11,404,600. Exchange rates fluctuate. Final VND amount depends on the rate at time of payment.

Support in your timezone

Indochina Time (ICT, UTC+7) has some overlap with US West Coast evening hours and our UK morning hours. We are available via WhatsApp, email, and phone during hours that work for Vietnamese clients.

Why this matters for Vietnamese tech professionals

Vietnam is on track to become one of the world’s top IT outsourcing destinations. The country’s 100 million population is young (median age 31) and increasingly tech-savvy. Ho Chi Minh City and Hanoi are home to major tech companies including FPT, Viettel, and VNG.

A US LLC gives Vietnamese tech professionals the infrastructure to compete at the highest level.