Q: We are Vietnamese company and would like to know the legal procedure to set up company in foreign country?
A: SBLAW would like to advise as follows:
With regard to setting up company in foreign country, actually, you has to register the investment project to the licensing authority of Ministry of Planning and Investment first.
In order to obtain the Investment Certificate from the Ministry, your investment plan must be detailed as a business plan including but not limited to the address of the company, the business lines of company, the investment capital, the source of investment capital, the investment schedule, description of the project, the cash flow of the project, the turnover and profit and the expected time for returning the investment capital.
