Establishment of Construction Consultancy Company in Vietnam

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In order to assist foreign investors (hereinafter referred to as “Client”) to establish 100% foreign owned enterprise with the business function of construction consultancy (including designing and supervising consultancy) in Vietnam, SBLAW (hereinafter referred to as “Consultant”) would like to provide the Client with such services.

The specified activities and services shall be provided as follows.

I.SERVICES RENDERED BY CONSULTANTS

1.Services to apply for Investment Certificate

In order to assist the Client to obtain the Investment Certificate (The Investment Certificate shall also be the Business Registration Certificate), the Consultant shall carry out the following activities:

– To give legal advice relating to all aspects of setting up 100% foreign owned company in general and setting up 100% foreign owned company in the field of construction consultancy (including designing and supervising consultancy) in Vietnam in particular, including but not limited to legal procedures and application dossiers;

– To assist the Client in drafting and completing the Application Dossiers including Application Dossier for Investment Certificate and Application Dossier for Business Registration in English and Vietnamese with contents and forms in compliance with requirements of competent authority of Vietnam.

2. The Application Dossier for Investment Certificate shall consist of:

– Application for Registration of Investment;

– Audited financial reports;

– Other necessary documents as requested by laws of Vietnam (if any).

3.The Application Dossier for Business Registration shall consist of: 

– Charter of the newly established Company;

– List of the investor(s) of the Company;

– List of authorized representatives of Investors in Vietnam;

– Professional Certificates of authorized representatives and Practising Certificate of the person who is expected to be General Director (Director) of the newly established company in Vietnam;

– Other necessary documents as requested by laws of Vietnam (if any).

– Representing the Client to submit the Application Dossiers to the relevant authorities of Vietnam for their evaluation of the Application Dossiers and following up such evaluation process at competent authorities;

– Representing the Client to liaise with competent authorities to obtain the best support for the project;

– Assisting the Client to explain, amend and supplement to the Application Dossiers as requested by relevant authorities;

– Representing the Client to receive the Investment Certificate.

4. Post-licensing service

After the Investment Certificate is granted to the project, Consultant shall assist the newly set up company to complete administrative procedures for its official operation, including:

– Registering its seal at the Public Security Department;

– Registering tax code and customs code at relevant authorities;

– Opening account at bank;

– Making announcement of operation on newspaper;

II.RESPONSIBILITIES OF THE CLIENT

– To provide the Consultant (in the possibly soonest time) all necessary documents and information for completion of the Application Dossiers as required by the Consultant;

– To make payment to the Consultant.

III.TASK SCHEDULE

– Within 02 (two) working days from the signing date of the Consultancy Contract by and between the Client and Consultant, the Consultant shall prepare and send a questionnaire to the Client for its preparation of Application Dossiers;

– Within 15 (fifteen) working days from the date of full receipt of all necessary information required in the above questionnaire, the Consultant shall complete and deliver the Application Dossiers to the Client for consideration and signature;

– Within 15 (fifteen) working days from the date of official submission of Application Dossiers to the competent authorities, the Consultant shall obtain Investment Certificate and transfer it to the Client;

– Within 15 (fifteen) working days from the date of receipt of the Investment Certificate, the Consultant shall complete all works as in 2.2.1 to 2.2.4.

Note: The time for explanation, amendment and supplement to the Application Dossiers at request of relevant authorities is exclusive.