Question: I would like to incorporate a new company in Ho Chi Minh City owned by my USA company.
This new company in Vietnam will be a service provider, consulting services & quality control, and will hier around 5-6 people in Vietnam at the beginning. The local company director & general manager will be a American national.
Can you send me quote for that.
Answen: I am Lawyer of SB Law. I was entrusted to provide you legal advice regarding to establishment of foreign owned company in Vietnam.
Having carefully studied your plan, we are of opinion that, at the beginning, with 5-6 people, you should consider setting up wholly foreign owned company providing management consultation and management services.
This shall allow you to assist client inspecting their product quality through your team or your process.
If you insist to clearly record quality control service, you shall be required to provide sufficient explanation on technique, equipment and qualification of team directly involving with quality control service.
With this, the procedure for setting up company shall be a little bit more complicated due to that the licensing authority shall need to consult Ministry of Science and Technology before granting license to you.
Our professional fee therefore shall be higher than the option mentioned in above said paragraph.
We do hope that the above information is helpful for you and if you have any further question, please feel free to contact us.
We shall send you our detailed legal service proposal upon your confirmation on your choice.
This is reference to your email dated 19 June, 2015 from which we were requested to provide
