GetSmartPromo
Compare jurisdictions
US LLC (Delaware) · via doola·🇻🇳Founder profile

Delaware LLC Formation for Vietnamese Freelance Developers

VerifiedJul 2026
EligibilityEligible
Setup timeline14–30days
Year-1 total$297.00

Vietnamese freelance developers can establish a Delaware LLC to access international payment processors and global client markets. This structure separates personal assets from business liabilities while operating under US corporate law.

The process involves state formation, obtaining an EIN, and setting up a business bank account. Owners must comply with both US federal reporting requirements and Vietnamese tax regulations regarding foreign-source income.

§ 01Cost of ownership

Model the full outlay, not just the setup fee

Renewal costs sneak up on non-resident founders. Compare year-1 filing against a 3-year total to see the real bill.
Currency · USD (live FX)
2-year cost of ownership
$594.00
$24.75/month amortized·USD @ live FX
Time horizon
Line items
Amount
  • Setupdoola setup
    $297.00
  • AnnualYear 2 renewal
    $297.00
Total$594.00
§ 02Tax residency · Vietnamese Freelance Developers

What the tax authority sees

US federal / local status

US LLCs are pass-through entities where non-US source income is generally not subject to US federal income tax provided the owner is not ETBUS (Engaged in Trade or Business in the US).

Home-country rule

Circular 111/2013 on foreign-source income; USD conversion rules

Editorial verdict

Use doola to form a Delaware LLC to access global payment gateways like Stripe; ensure you maintain proper bookkeeping for Vietnamese Circular 111/2013 compliance.

Key compliance risks
  • 01Form 5472 and 5476 filing requirements for foreign-owned LLCs
  • 02Potential $25,000 penalty for failure to file IRS information returns
  • 03Vietnamese personal income tax liability on global earnings per Circular 111/2013
§ 03Setup timeline

From filing to funded bank account

Setup timeline
14–30days total, 3 phases
Milestone check
Filing · Tax ID · Banking
d0
d8
d15
d23
d30
01Filingdoola submits formation docs
d0–d11
02Tax ID / EINIRS EIN issuance
d9–d23
03BankingBusiness account approved & funded
d18–d30
§ 04Head-to-head

US LLC (Delaware) vs Estonia OÜ (e-Residency)

US LLC (Delaware)
LLC
Estonia OÜ (e-Residency)
Entity
LLC
Setup cost
$140.00
$205.20
Annual
$300.00
$129.60
Local director
Remote OK
Remote OK
Physical presence
Remote OK
Remote OK
Tax regime
Franchise tax $300/yr; federal only on US-source income
20% only on distributed profit; 0% on retained earnings
§ 05Questions founders actually ask

FAQ

No. As a non-resident, you can form a Delaware LLC entirely online using a registered agent service like doola. No physical presence in the US is required.
Next step

Start filing with doola

Formation typically completes in 2–3 weeks. Use the promo below, then click through to begin the checklist directly on the platform.