You can start a startup by making a Co-Founding Agreement to start a startup project or by registering a startup with your co-founders. If your co-founder is a foreigner joining the founding of the company, he or she needs to apply for an Investment License to be allowed to start up in Vietnam. You should also look for mentors, advisors in areas such as strategy, finance, legal, marketing ... to get the best professional support for you and your startup.

You also need to equip yourself with the necessary legal knowledge throughout the startup process. The advice of Startup LAW is: Please bring legal documents, agreements, and regulations into the daily activities of the startup on a regular basis. Develop a habit of consulting lawyers for any of your decisions. This is a great way to protect the success of your startup, thereby avoiding potential conflicts and risks.

You can manage your risk by using a set of standard startup legal documents including: confidentiality agreements, hiring agreements, anti-competition agreements, shareholder relations documents ...