Question:
Please advise whether it is possible to allow greater flexibility in the business activities of the company in Vietnam (NewCo) to include businesses such as interiors and special projects, construction project management and sourcing services.
Please let us know your estimated fee quotation for the company formation. Upon receipt of your reply, we shall provide you with the further details of the NewCo as soon as possible.
Answer:
Under Vietnam Law, in order to setup a foreign invested company, it shall require you to present a detailed investment proposal for medium or long term in which we must describe your proposed business activities, investment capital, expense, profit and compliance of the project with master plan of economic and social development etc. This is the reason why we need to know exactly what you will do in Vietnam before giving you a quotation.
We are of opinion that you can consider following business activities:
+ Business consultation services;
+ Property management services;
Our typical consultation fee for such incorporating such company shall be from 4,500-7,000USD. We shall provide you our detail legal service proposal upon your confirmation on business activities and location of the New Co.
